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The Joint Select Committee on Deficit Reduction, created by the Budget Control Act of 2011, has powers never before given to a single group in Congress. The question is: Will this Joint Committee have the political muscle — or the will — to make substantial changes to the national deficit?
Stemming from the public outcry over Representative Ron Paul’s media mistreatment after his impressive Ames performance, some in the media have been forced to admit to Paul’s extending influence in the 2012 election season.
President Barack Obama began a bus tour of the Midwestern United States to combat Republican assertions that have arisen from the first series of GOP debates. Obama’s message got an early boost from an unlikely source, an opinion piece by billionaire Warren Buffett.
The Florida State Legislature has taken significant steps towards eliminating restrictions that had been previously placed on firearms. Governor Rick Scott has signed the Penalties for Violating Firearms Preemption Law, a measure that forces the repeal of all regulations passed in violation of the 2nd Amendment.
The Administration of President Barack Obama is pressing Congress to create an “Infrastructure Bank” to help finance rail and highway construction. Officials from the Administration have noted that the bank would be a new government entity that would provide loans to support public-works projects in both regional and national sectors.
After beginning his Presidency with approval ratings that were through the roof, President Barack Obama has seen the numbers drop to levels below 40 percent. The President received a 39 percent approval rating in the latest Gallup Poll, with 54 percent disapproval from the American public.
Last week, NAACP President Ben Jealous, in Los Angeles to address the group’s 102nd annual convention, railed against voter ID laws, claiming that efforts to ensure ballots are not cast fraudulently are racist. According to Jealous, voter ID laws are among “the last existing legal pillars of Jim Crow” and are pressed by “the worst and most racist elements” among conservatives.
Representative Michele Bachmann (R-Minn.) narrowly beat out her fellow Congressman, Representative Ron Paul (R-Texas), in the Ames Straw Poll on Saturday with 4,823 votes, or 28.6 percent. Her win cements her lead in Iowa, an early primary State.
In picking the last three members of the new super committee on deficit reduction, Nancy Pelosi said: “We must achieve a grand bargain that reduces the deficit by addressing our entire budget, while strengthening Medicare, Medicaid and Social Security.” What, exactly, does she mean by a “grand bargain?” Clearly, it’s code for Republicans caving in again and doing what Democrats want them to do: increase the deficit even more.
Former Minnesota Governor Tim Pawlenty announced Sunday that he is no longer seeking the Republican nomination in the 2012 Presidential race. After finishing a distant third in the Ames Straw Poll, well behind Representatives Michele Bachmann (R-Minn.) and Ron Paul (R-Texas), Pawlenty said his “message didn’t get the kind of traction or lift that we needed and hoped for” going into the poll.