Waiting to see what the Senate will do. The floor is yours.
John Boehner got his wish. After a day of tweaking following a bad CBO score, a day of browbeating his members to little effect, and a day of adding back in a balanced budget amendment tied to the increase in the debt limit, his bill finally passed by the close
The President’s address this morning wasn’t entirely useful, though he did lay out the compromise that everyone expects to get out of this unless John Boehner just lights himself on fire on the House floor while yelling “Wolverine!” He basically outlined the Reid plan, with Mitch McConnell’s resolution of disapproval
Austan Goolsbee of the Council of Economic Advisers responds to today’s horrendous GDP numbers. The downward revision in the first quarter to 0.4 percent further reflects the slowdown of economic growth due to substantial headwinds faced in the first half of this year. Additionally, the annual revision to GDP showed
The amendment for the Boehner bill, which yokes a Balanced Budget Amendment to the Constitution to the passage of a second round of debt limit increase, is available here. It’s just a page long – the BBA is the only change. The Pell grant stuff was just grumbling. This is
The President will announce a deal on fuel economy standards for cars and light trucks today, boosting the average fuel economy to 54.5 MPG by 2025. The agreement would require U.S. vehicle fleets to average 54.5 miles per gallon or 163 grams per mile of carbon dioxide equivalent by 2025,