Sep 24, 2012, 9:25 am EDT
The Senate burned the midnight oil on Saturday night, finally passing the six-month spending bill the House previously passed on Sept. 13. The bill will place funding at $1.047 trillion over that time.
The measure, which will carry government spending past a potential Sept. 30 shut-down date, through the election in November and into next spring, won by a 62-30 vote. But there were quite a few hiccups in the process of getting the bill through.
Votes on other bills scheduled for Saturday evening ended up delayed over Senate Majority Leader Harry Reid’s insistence on a procedural vote for a bill that would help embattled Montana Sen. Jon Tester. Reid got his way, but it ended up pushing other votes back past midnight. Read
Sep 21, 2012, 11:02 am EDT
Former Minnesota Gov. Tim Pawlenty stepped down from his position as co-chair of Mitt Romney’s presidential campaign after accepting an offer to become the CEO of the Financial Services Roundtable, a lobbying group representing 100 financial institutions, including Bank of America (NYSE:BAC), Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC).
The position, which Pawlenty will assume Nov. 1, is arguably one of the most lucrative in Washington. Pawlenty’s predecessor at the post, former Texas Rep. Steve Barlett, received an annual salary of $1.8 million.
Before joining the Romney campaign, Pawlenty took his own shot at the White House, dropping out before the Republican primaries after placing third in an Iowa straw poll. Read
Sep 21, 2012, 8:55 am EDT
Mitt Romney’s appearance on Spanish-language channel Univision’s “Meet the Candidates” forum managed to stir up the blogosphere, and not because of his attempts to woo Latino voters. No, most bloggers seemed to notice that Romney’s skin seemed…browner than usual.
This led many of them to speculate on whether or not Romney had used “brownface” in a misguided attempt to appeal to Hispanic voters. Some blogs, like Gawker and Wonkette, concluded he had. Others felt it might have just been unfortunate makeup work.
A controversy over makeup is probably the last thing Romney needs, considering the rough patches his campaign has faced recently. He is also trailing Obama for support among Latino voters by 40%. Read
Sep 21, 2012, 8:10 am EDT
About 6 million Americans — many in the middle class — will face a tax penalty for not purchasing health insurance under Obama’s health care plan, according to congressional analysts.
The penalty, which starts in 2014 and takes full effect in 2016, will work out to an average penalty of $1,200 in 2016. Earlier estimates, back when the bill was first passed, had 4 million people being affected by the penalty.
The fact that the penalty is likely to affect middle class citizens more has the usual critics of the health care law speaking out. According to Rep. Dave Camp,R-Mich., “The bad news and broken promises from Obamacare just keep piling up.” Read
Sep 20, 2012, 1:05 pm EDT
Tim Tebow for president? That might not be as farfetched an idea as some may think, according to a recent interview with ESPN New York.
When asked a question about his popularity in Florida, and whether he would ever consider a run for political office, Tebow had the following to say:
“I haven’t ruled it out. Whatever avenue I feel like I can make a difference in, I’d love to do. I haven’t ruled out anything like that. It won’t be anytime soon in my future, but it’ll be something I’ll at least look at and consider one day.” Read
Sep 19, 2012, 10:38 am EDT
“The Daily Show” host Jon Stewart and “The O’Reilly Factor” host Bill O’Reilly are putting aside (some of) their ideological differences to meet in a presidential-style debate on October 6.
The event, being billed as “The Rumble in the Air Conditioned Auditorium”, will be taking place at George Washington University in Washington, D.C. It will be a 90-minute debate on campaign issues, with questions coming from audience members and former “Fox News Live” host E.D. Hill.
Tickets were on sale for $75 to $100, with a limited number of $25 student tickets, but the event appears to have already sold out. However, the event will be available for live streaming online for $4.95. Half the proceeds will go to charity. Read