Lawmakers do much of the actual lawmaking behind the scenes, then put on a show for the rest of us. But some Republicans can't seem to tell the difference between playacting and governing.
Higher interest rates. No money for things like highways, federal workers, defense contractors, food stamps. Return to recession. That's what most economists see as inevitable if national debt ceiling is not raised.
With debt ceiling talks showing no progress, some GOP leaders and constituencies are becoming concerned by the party's hard line in negotiations. Meanwhile, some Democrats are similarly worried about President Obama's bargaining.
How many ways are there to resolve the debt ceiling crisis? Negotiators meeting at the White House seem to hit one impasse after another, and frustration on both sides is mounting as an Aug. 2 deadline looms to avoid default on America’s debt obligations. Still, at least five options for handling the matter have been discussed in recent days and months. Other possible solutions may well emerge, but here’s the state of play on the options to date.
For the moment, Rep. Michele Bachmann has established herself as the top threat to Mitt Romney in the race for the 2012 Republican presidential nomination. A series of media investigations could take a toll, but the bigger potential problem is wildcard Texas Gov. Rick Perry.
President Obama raised $47 million for his campaign and another $38 million for the Democratic Party during the second quarter of 2011 – a record haul for this early in the election cycle.
With Mitt Romney's rivals for the GOP presidential nomination trying to score points in the bitter debate over raising the debt ceiling, how wise is it for the frontrunner to try to remain above the fray?
A House bill to roll back energy-efficiency standards that would phase out cheap but inefficient incandescent light bulbs by next year fell short of the supermajority it needed to pass Tuesday.
Sarah Palin's decidedly unpresidential pose on the cover of Newsweek suggests that she has decided not to run, even as she tells the magazine, 'I do believe that I can win.'
Mitt Romney took in more campaign funds than any other Republican during the second quarter of 2011, but not as much as he raised during the same period in the presidential election four years ago.