This history of bipartisan compromise between President Reagan and then-House Speaker Tip O'Neill couldn't be more relevant today. A message to Patty Murray and Paul Ryan as they forge a budget deal: the beauty of compromise is that its worst aspects can be blamed on the other party.
Boeing contract and incentive bill: Boeing has sought the tax benefits — valued at $9 billion through 2040 — and a broad new contract with the machinists as part of a long-term deal to build the 777X in the Puget Sound.
A 'grand bargain' that cuts entitlement programs and raises revenues, thus whittling the deficit in a big way, is not a likely outcome of House-Senate budget negotiations that begin Wednesday. The best hope is for a modest deal that averts another government shutdown. Is that doable?
The FDA announced that Plan B, usually described as a 'morning-after pill' because it can prevent pregnancy if taken shortly after sexual intercourse, will be available to girls and women without a prescription if they can prove they are at least 15 years old.
The Senate re-appropriated money Thursday to reopen closed air traffic control towers and rehire furloughed air traffic controllers. Many members of Congress had already flown home to their districts, thus experiencing the delays affecting many air travelers.
Dave Camp, House Ways and Means Committee chairman, said Thursday that involving more members of Congress in budgeting and deficit-cutting could yield, if not a 'grand bargain,' at least a modest deal.
The rate for subsidized Stafford loans is set to increase from 3.4 percent to 6.8 percent on July 1, due to Congressional inaction, just as millions of new college students start signing up for fall courses.