Oct 19, 2015, 4:18 pm EDT
Is Joe Biden running for president?
U.S. Rep. Brendan Boyle — a Philadelphia congressman — tweeted that the current Vice President is seeking to lead the White House in 2016 when President Obama leaves his post.
Boyle’s 2,650 followers were privy to the news that Biden may be continuing Obama’s work for at least four more years, if elected. The congressman claims this information came from a “very good source close to Joe.” Read
Oct 13, 2015, 1:08 pm EDT
A Social Security increase isn’t likely to occur in 2016 due to low gas prices.
Social Security is adjusted every year to take into account for inflation. This procedure is called the cost of living adjustment (COLA). However, a surplus of oil being available to the United States has caused gas prices to drop in the last few months and this affects COLA, which in turn affects the Social Security increase, reports CNNMoney.
The Social Security increase through COLA is based on inflation numbers from September’s report every year. Those numbers will be announced on Thursday and the adjustment through COLA, which will likely be zero, is announced in October. This may hurt seniors because they don’t use gas as much as the average U.S. citizen, CNNMoney notes. Read
Oct 12, 2015, 4:29 pm EDT
The search for the next House speaker is a difficult one as no one is fully stepping up and taking the reins.
John Boehner left his post as House speaker late last month, leaving the position up for grabs. Here are the top four candidates for the job:
Texas Congressman Bill Flores is being tabbed as Boehner’s replacement by many. Read
Sep 29, 2015, 3:10 pm EDT
Carl Icahn, the billionaire investor, has given his support to presidential candidate Donald Trump.
Carl Icahn said that he doesn’t agree with Donald Trump on many issues, but that he can “wake” America up and “move Congress” if he becomes president. Icahn said he supports Trump’s decision to put an end to tax break for the wealthy, despite having many friends on Wall Street, reports CNNMoney.
Carl Icahn said that he thinks Donald Trump is the only candidate that’s actually talking about America’s problems. He also said he would accept an offer to be added to Trump’s administration if he became president, which is an offer Trump has already made, CNNMoney notes. Read
Sep 25, 2015, 2:13 pm EDT
House Speaker John Boehner has announced that he will be resigning from Congress on Oct. 30.
John Boehner reportedly made his decision to leave Congress and give up his role as House Speaker on Thursday night. According to one of his aides, Boehner said he wanted to leave on a high note. The Republican also said he was only planning to stay as House Speaker until the end of last year, but stayed on to “provide continuity,” reports CNN.
John Boehner has been on the opposite side of conservatives many times since he took the role of House Speaker. He said that the “prolonged leadership turmoil would do irreparable damage to the institution.” House Majority Leader Kevin McCarthy may repalce Boehner as House Speaker, CNN notes. Read