Senate Majority Leader Harry Reid (D) of Nevada meets with the media after the Democratic policy luncheon on Capitol Hill in Washington on June 7. Mr. Reid was raised agnostic and converted to The Church of Jesus Christ of Latter-day Saints while he was a college student.
Debit card fees are the topic of debate in the Senate on Wednesday. Some lawmakers oppose a proposal from the Federal Reserve to lower the debit card fees that stores must pay when a card is swiped.
The House passed its federal budget bill Friday on a near party-line vote, but both the Senate and the president are working hard to forge a bipartisan alternative.
'Gang of Six' deficit-cutting negotiators in the Senate are mum after rumors of entitlement cuts and tax code reform nearly derailed talks. Still, a short-term budget accord this week did manage to avert a government shutdown.
Jacob Lew responded Thursday to a report that some senators are working on legislation that would trigger tax hikes and spending cuts if Congress fails to live within spending targets.
The words of Republican and Democratic leadership on Capitol Hill suggest Congress is headed for a government shutdown over budget issues. But several bipartisan groups of rank-and-file senators are seeking to find a solution.
Americans appear to back the intent of the bipartisan commission report – cutting the deficit – but it is less clear whether they approve of the panel's dramatic solutions.
A 60 percent majority on Obama's bipartisan deficit commission say they approved the co-chairs' recommendations, not enough to force a vote in Congress. Will their work have an impact?