President Obama is expected to officially launch his 2012 presidential reelection campaign this week. The organization is forming up in Chicago, and it could spend as much as $1 billion.
Commentator Glenn Beck and others have repeatedly drawn parallels between Egypt and the Wisconsin protests. 'Ah, they're not the same in any way, shape, or form,' says Daily Show host Jon Stewart.
Each side offers to fund government for 30 days past March 4, the current deadline to prevent a government shutdown. But GOP wants even that stopgap measure to include spending cuts.
The AFL-CIO is planning a protest Tuesday in Lansing, Michigan. This follows ongoing labor unrest in Wisconsin and Ohio over plans to reform public sector collective bargaining rules.
President Obama's FY 2012 budget lands on congressional desks Monday. Republicans are unimpressed, which sets the scene for a long fight over spending, taxing, and deficit reduction.
The punch bowl analogy is one that often gets mentioned when a Fed chief appears before Congress. Translation: The Federal Reserve thinks the economic recovery remains fragile.