.
Congress is fresh off the ‘Great Debt Debate of 2011’, and wasting no time in kicking off Round 2 of this fight. Today, the US Senate rejected a bill that would have prevented raising the Debt Ceiling by another $1.2 Trillion.
CNN.com has reported:
A procedural motion to move forward with the bill was rejected in a largely party-line 44-52 vote. The measure, approved by the GOP-controlled House of Representatives last week, had little chance of either passing Congress or surviving a certain presidential veto. It was considered a largely symbolic gesture on the part of Republicans.
So we shall keep our eyes and ears on the Congress, the President, and the GOP Candidates for President to see how this will wind up.
—
China reportedly threatened Panama with “serious consequences” after a majority of the country’s lawmakers backed…
WASHINGTON — Energy policy leaders urged Congress on Thursday to pass a bipartisan permitting deal…
The federal government is no longer just regulating American companies. It is becoming a shareholder…
Households that heat with natural gas will spend about 14% less this winter, the industry’s…
Foster care recruitment works very differently depending on which country runs it, and the United…
