Economy « Washington Hotlist

$642.5 billion defense bill is approved by House May 19, 2012
The House approved a bill Friday that would provide $642.5 billion in defense spending for the next fiscal year, despite a veto threat from the White House, which objected to a series of provisions that would limit the president’s authority and challenge administration policies. Read full article >> […]
Walter Pincus
Featured Advertiser May 19, 2012
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Biden on West Virginians’ vote for felon Keith Judd: ‘I don’t blame people’ for frustration over economy May 18, 2012
Why did four-in-ten Democratic primary voters in West Virginia earlier this month cast their ballots for felon Keith Judd over President Obama? To hear Vice President Biden tell it, it’s because those voters are taking out their frustration and anger about the economy on Obama. Read full article >> […]
Felicia Sonmez
Scott Brown raising money off Elizabeth Warren Native American questions May 18, 2012
Scott Brown raising money off Elizabeth Warren flap, Al Gore is dating, and George W. Bush is returning to the White House (for a portrait). Make sure to sign up to get “Afternoon Fix ” in your e-mail inbox every day by 5 (ish) p.m! Read full article >> […]
Rachel Weiner
North Carolina same-sex marriage amendment: Confusion over domestic partner benefits May 18, 2012
CHARLOTTE, N.C. – Mecklenburg County commissioner Bill James survived his own primary race on May 8. But it was the marquee fight over Amendment One that topped his agenda the following day. It was predicted that the change to the state constitution, with its broad language proclaiming “marriage between one man and one woman … the only domestic legal union t […]
Mary C. Curtis
Mitt and Ann Romney each give $75,000 to Romney Victory Fund May 18, 2012
Republican candidate Mitt Romney and his wife have each given $75,000 to the Romney Victory Fund, the joint fundraising group that collects money for his presidential campaign and the Republican National Committee, campaign sources said Friday. Read full article >> […]
Dan Eggen
Mitt Romney plans restful break after busy week May 18, 2012
Mitt Romney wrapped up a very busy week (Iowa, Florida, New Hampshire) with a very short speech (barely nine minutes) Friday afternoon in New Hampshire. On Saturday, the former Massachusetts governor will spend the day opening his Wolfeboro, N.H., home on Lake Winnepesaukee. Read full article >> […]
Nia-Malika Henderson
Birtherism isn’t dead May 18, 2012
Discussion of President Obama’s place of birth died down significantly when he released his long-form birth certicate. But birtherism still lives, even if it no longer gets as much attention. Nationally, conservative bloggers have seized an opportunity to raise the issue. In some places disbelief in Obama’s America origins is still strong, and politicians ar […]
Rachel Weiner
Wisconsin recall slipping away from Democrats May 18, 2012
Just two and a half weeks remain in the recall of Wisconsin Gov. Scott Walker (R), and momentum seems to be firmly on the GOP’s side. All three polls out this week show Walker leading Milwaukee Mayor Tom Barrett (D) by between 5 percent and 9 percent. Perhaps more illustrative, though, are the candidate’s personal favorability and approval numbers. Read full […]
Aaron Blake
Following Obama meeting, France’s Hollande promises different approach to Afghan aid May 18, 2012
President Obama welcomed new French President Francois Hollande to the White House on Friday, an initial meeting that came as world leaders feel a renewed sense of urgency to contain the European debt crisis. Read full article >> […]
David Nakamura

Campaign Finance Reform R.I.P.

No matter what happens in November, we all know who the real loser was in this election campaign (no it’s not Rudy Giuliani, I know what you are thinking). Anyone attempting to limit the corrupting effect that money has on our politicians and our political process can chalk one up in the loss column.

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McCain Really Does Know Nothing About Economics!

Contrary to the beliefs of the Captain of the Straight Talk Express, suspending the gas tax will make us even more dependent on foreign oil and will provide more financial assistance to terrorists. Why make something that is supposed to be bad even more affordable and easier for more Americans to obtain? Less supply and [...]

Now The Market Wants To Be Regulated

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It Depends On What Your Meaning Of Work Is

“We also have to reward work more, and by that, I mean, I have people in New York working on Wall Street as investment managers, as hedge fund executives. Under the tax code, they can pay a lower percentage of their income in taxes on $50 million than a teacher or a nurse or [...]

Quote Of The Day

“The outlook for the economy has worsened in recent months, and the downside risks to growth have increased. To date, the largest economic effects of the financial turmoil appear to have been on the housing market, which, as you know, has deteriorated significantly over the past two years or so. Further cuts in homebuilding and [...]

The Fed Responds To Economic Crisis

Blogs are abuzz over the recent federal response to looming recession worries. Over at OMB Watch, Dana Chasin sums up the surprise response: Ã¢â‚¬Å“Almost overnight, the masters of the universe have converged on a consensus that the U.S. economy is headed for — or already in — a recession.Ã¢â‚¬? Chasin reminds us that this is [...]