Netflix adds 5.3M subscribers in Q3 >>> READ MORE

Obama’s Inauguration Theme Is Revealed

Nov 30, 2012, 10:54 pm EDT

President Barack Obama is taking inspiration from Abraham Lincoln again for his second inauguration ceremony on Jan. 21.

According to members of the Committee on Inaugural Ceremonies, Obama will be sworn in for his second term as president with a ceremony centered on the theme “Faith in America’s Future.”

Organizers intend to draw on the fact that 2013 will be the 150th anniversary of the Emancipation Proclamation and the completion of the Capitol dome’s exterior. Read 

Why Congress Is Looking to Ditch the $1 Bill

Nov 30, 2012, 9:02 am EDT
Why Congress Is Looking to Ditch the $1 Bill

Congress is, once again, considering eliminating the dollar bill from American currency.

On Thursday, the Financial Services Subcommittee of the House of Representatives heard testimony from congressional auditors and officials at the General Accounting Office about issues surrounding dollar bills and coins. The testimony centered on the cost savings if the dollar bill was eliminated and replaced with coins.

The transition would not be fast — it would occur over several years — and the eventual savings to the government would be $4.4 billion over 30 years. The savings occurs because coins have an average lifespan of 30 years, while bills — made of linen — need to be replaced every four to five years. Read 

Romney, Obama Do Lunch

Nov 29, 2012, 10:17 pm EDT

Fulfilling a promise he made on election night during his victory speech, Barack Obama and Mitt Romney met for lunch today.

What was on the menu? Among other items, white turkey chili and Southwestern grilled chicken sandwich.

During the lunch, which lasted just over an hour, the two men discussed America’s leadership in the world and how important it was to maintain that leadership. The meeting was the first between the two presidential candidates since their final debate, and it was likely the longest amount of time the two had spent together up to that point. It was also Romney’s first major public appearance since his electoral defeat. Read 

Chris Christie Riding High in Aftermath of Sandy

Nov 28, 2012, 10:39 pm EDT
Chris Christie Riding High in Aftermath of Sandy

One of the most watched elections next year will undoubtedly be the New Jersey governor’s race. Democrats are looking to oust the brash, sometime controversial governor Chris Christie in the 2013 general election.

It may be an uphill battle for them.

In the wake of Christie’s handling of Superstorm Sandy, the governor has been polling extremely well. A Farleigh Dickinson poll had him winning positive ratings from 77% of voters polled, including 67% of Democrats and 92% of independents. A Quinnipiac poll gave him a 72% approval rating, which is the highest that any New Jersey governor has received in their poll. Read 

Bush May Run for President in 2016

Nov 27, 2012, 7:33 pm EDT
Bush May Run for President in 2016

Well, it took less than a month for the whispers and suggestions for the 2016 presidential election to begin.

With Barack Obama ineligible to run for a third term, both parties will be fielding non-incumbent candidates, opening up the race for president. While many would say it is too soon to look to 2016 when Obama hasn’t even been inaugurated for his second term yet, well, people are already starting the chatter.

Who’s being talked up now? None other than former Fla. Gov. Jeb Bush. What’s prompting the (extremely) premature talk? Bush was in Washington, D.C. today giving a speech to the Fifth Annual National Summit on Education Reform. Read 

GOP Takes a Step Back From No-Tax-Hikes Pledge

Nov 26, 2012, 9:36 pm EDT
GOP Takes a Step Back From No-Tax-Hikes Pledge

Over the past 25 years, one man has been largely responsible for Republicans’ unwillingness to raise taxes: Grover Norquist. President of Americans for Tax Reform, an anti-tax organization, Norquist has asked politicians to sign pledges that they will “oppose any and all efforts” to raise taxes.

Over the years, Republicans ranging from Ronald Reagan to Newt Gingrich to John Boehner have signed off on the pledge. In full, it reads:

“I, ______, pledge to the taxpayers of the ______ district of the state of ______ and to the American people that I will:
One, oppose any and all efforts to increase the marginal income tax rates for individuals and/or businesses; and
Two, to oppose any net reduction or elimination of deductions and credits, unless matched dollar for dollar by further reducing tax rates.” Read 

1 187 188 189 190 191 292