U.S. Politics

Political Stories that have an emphasis on the United States

America Like Greece? U.S. borrowing tops 100% of GDP America Like Greece!

America Like Greece? U.S. borrowing tops 100% of GDP America Like Greece!

US gross debt shot up $238 billion to reach 100 percent of gross domestic product after the government’s debt ceiling was lifted, Treasury figures showed. On Tuesday, the Treasury had to add more than $200 billion of commitments immediately after President Barack Obama signed into law an increase in the debt ceiling. The liabilities had been temporarily taken off the federal government’s balance sheet since May 16, when the Treasury […]

Poof! Market drops 515 points as Debt deal allows worried investors to buy safer U.S. Treasury Bills

Poof! Market drops 515 points as Debt deal allows worried investors to buy safer U.S. Treasury Bills

Poof! There goes any progress stocks made in 2011. So what are investors buying?  Treasury Bills!  Looks like investors where just waiting on the sidelines hoping for a Debt Deal in the United States.  So the Democrats where wrong again.  Democrats blamed the GOP that markets were dropping because they were slow on making a debt deal. Stocks plunged Thursday, with the Dow tumbling 515 points to hit its lowest […]

The debt deal Super Committee could cut Obamacare

The debt deal Super Committee could cut Obamacare

It’s the top headline on Drudge right now and a few folks are buzzing about it on Twitter, too. Yesterday, I wrote about the likely cuts to defense funding that will come if (when?) the Super Committee deadlocks. Now, it looks like progressives on the Committee might actually have equal impetus to ensure the Gang of 12 arrives at $1.2 trillion in deficit reduction, after all. The signature accomplishment of […]

Humorless Dem’s Bad “Temperamint”

Humorless Dem’s Bad “Temperamint”

So, in Knoxville, Tennessee, Joe Armstrong — a humorless Democrat state representative — goes into a college bookstore and sees these silly things: And what does he do? Just what you’d expect: [University of Tennessee] pulled the mints poking fun at Obama from bookstore shelves after state Rep. Joe Armstrong, a Democrat, visited the bookstore and told the director he found the satirical mints offensive. “When you operate on state […]

Gabrielle Giffords Unsure About 2012 Run

Gabrielle Giffords Unsure About 2012 Run

On Monday night, Rep. Gabrielle Giffords (D-Ariz.), who was the victim of an attempted assassination earlier this year, returned to the House floor after months of recovery to cast her vote. Giffords’ return also spurred speculation regarding her future political plans. Although she has not announced any decision yet her own re-election, her campaign continues to remain active. Giffords’ campaign has so far raised $683,960 — 4 percent more than […]