Pork Holding Up Senate Sandy Relief Bill Funneled Into The Troughs Of GOP Deficit Hawks? You Betcha.

The failure of the House of Representatives to take the vote necessary to get badly needed relief to New York and New Jersey residents suffering the ravages of superstorm Sandy produced a reaction nearly as violent as the storm itself. Governor of New Jersey at a town hall in Hillsborough, NJ [...]

President Obama’s paradoxical presentation on the ‘fiscal cliff’ deal

“We stopped that middle class tax hike. But we didn’t stop there. …Last year we started reducing the deficit through $1 trillion in spending cuts. And the agreement we reached this week will reduce the deficit even more by asking the wealthiest two percent of Americans to pay higher taxes for the first time in two decades.” Read full article >>

Highlights of White House, GOP plans

The Obama administration and House Republicans have unveiled their opening offers in talks to avoid the so-called fiscal cliff. Details are scant but the White House estimates its plan would carve $4.4 trillion from the deficit over the coming decade, including previously enacted cuts ($1 trillion) and savings from reduced costs for overseas military operations ($800 billion), as well as ...