Urbandale, Iowa — Republican presidential candidate Michele Bachmann issued the following response to President Obama’s statement on the proposed debt limit deal: Mr. President, I’m not sure what voice you’re listening to, but I can assure you that the voice of the American people wasn’t the ‘voice that compelled Washington to act.’ It was you [...]
Paul Ryan’s solution for our debt solution held up only with the Conservative segments of the Republican coalition. Reid’s plan only appealed to Democrats and the remaining plans garnered support or disdain from many different factions within Congress, but none of them had the votes to pass. Now, 11th hour negotiations have been happening in [...]
This afternoon, Senate Majority Leader Harry Reid’s debt bill, S.627, failed to get to a vote for passage. The vote to end debate, otherwise known as a cloture vote, failed 50-49 as 60 votes are required to end debate. Although Harry Reid has refused two offers by Senate minority leader Mitch McConnell to vote here [...]
Just after 10pm on Saturday night, Harry Reid announced that the Senate vote on his debt bill was being moved from 1am on Sunday morning to 1pm Sunday afternoon eastern time. Reid mentioned that negotiations were ongoing. What comes out of these negotiations is likely to be a watered-down combination of several plans. The two-phase [...]
Compromise can be a good thing, but let me tell you what I thought yesterday about the happenings on the Hill. I still wondered why Speaker Boehner, who was on the Sean Hannity show a few days ago, stated, “The Mack Penny Bill was worth looking at” had done absolutely nothing with regard to that [...]
Democrats joined Republicans in voting down the House version of Senate Majority Leader Harry Reid’s debt bill on Saturday. In a 173 to 246 vote, 10 Democrats crossed the aisle to vote against the bill. In the pre-vote debate, a large part of Democrat commentary was in disagreement with the choice of rules under which [...]
8YXE2AT7XSTS KANSAS CITY, Mo., July 29, 2011 /PRNewswire/ — BATS Global Markets, a global stock market operator, reports the BATS 1000(SM) Index (Ticker: BATSK) down 4.1% for the trading week ending July 29. The S&P 500 Index declined 3.9% on the week. The BATS 1000 Index ended the trading week down 630.08 points to close at 14,774.48 as of 4 [...]
WASHINGTON, July 29, 2011 /PRNewswire-USNewswire/ — NetChoice strongly opposes the so-called “Main Street Fairness Act,” introduced in the Senate today by Sen. Richard Durbin (D-IL) and in the House of Representatives by Rep. John Conyers (D-MI). The proposed legislation would impose unfair and disproportionate collection burdens on small businesses, while adding less than three-tenths of one percent to state and local [...]
Senate Majority Leader Harry Reid does not have the votes to pass his own debt ceiling bill. Reid spent Friday night addressing the Senate in an attempt to blame Republicans for his inability to garner 60 vote support in the Senate for his legislation. Reid has 53 democrats that will vote for just about anything [...]
The bill passed with an eight vote margin: 218-210. Five democrats did not vote and in a show of ultra-partisanship, not a single democrat crossed the isle to vote yes. From the right side of the House, 22 republicans voted against it and 218 for. GOP no votes were: Amash, Bachmann, Broun(GA), Chaffetz, Cravaack, DesJarlais, Duncan (SC), Gowdy, Graves (GA), Huelskamp, Johnson (IL), Jordan, King [...]
