Both sides appear upbeat on opening round of fiscal cliff talks

Congressional leaders optimistic after meeting Obama : Photo Gallery

CONGRESSIONAL LEADERS OPTIMISTIC AFTER MEETING OBAMA - Terra USA CONGRESSIONAL LEADERS OPTIMISTIC AFTER MEETING OBAMA - Terra USA Congressional leaders optimistic after meeting Obama	NBC Politics: Election News, Political Issues & Events | NBC News NBC Politics: Election News, Political Issues & Events | NBC News Congressional leaders emerged	Compromise is not a synonym for giving in, but for governing ... Compromise is not a synonym for giving in, but for governing ... CEOs optimistic after Obama	att.net – Email, News, Sports, Finance, Lifestyle, and Entertainment att.net – Email, News, Sports, Finance, Lifestyle, and Entertainment Congressional leaders from
Fiscal cliff negotiations progress as Congress indicates cautious ... Fiscal cliff negotiations progress as Congress indicates cautious ... Congressional leaders	Home - Tucson News Now Home - Tucson News Now Congressional leaders from	U.S. stocks rise on optimistic budget talk - Market Snapshot ... U.S. stocks rise on optimistic budget talk - Market Snapshot ... Congressional leaders emerged	10News - 10News. 10News - 10News. Optimism after Obama
Global News | After meeting with Obama, congressional leaders ... Global News | After meeting with Obama, congressional leaders ... 16, 2012, as he hosted a meeting of the bipartisan, bicameral leadership of	WASHINGTON – Hill leaders voice new confidence in deficit deal ... WASHINGTON – Hill leaders voice new confidence in deficit deal ... Congressional leaders from	Stocks finish higher on optimism over budget talks - Markets news Stocks finish higher on optimism over budget talks - Markets news NEW YORK (AP) — Optimism that	After meeting with Obama, congressional leaders voice confidence ... After meeting with Obama, congressional leaders voice confidence ... After meeting with Obama,
Political News - Washington DC Politics - Washington Times Political News - Washington DC Politics - Washington Times Congressional leaders emerged	Obama Opens Fiscal Cliff Talks as Boehner Open to Revenue ... Obama Opens Fiscal Cliff Talks as Boehner Open to Revenue ... President Barack Obama meets	Fiscal Cliff Talks Get Started; Two Sides Sound Optimistic | WBUR ... Fiscal Cliff Talks Get Started; Two Sides Sound Optimistic | WBUR ... President Obama and	Cause for Optimism After Late-Night Meeting - Susan Davis - The ... Cause for Optimism After Late-Night Meeting - Susan Davis - The ... Boehner Reid after meeting
CENTRAL INTELLIGENCE AGENCY CENTRAL INTELLIGENCE AGENCY CENTRAL INTELLIGENCE AGENCY	CONGRESSIONAL LEADERS OPTIMISTIC AFTER MEETING OBAMA CONGRESSIONAL LEADERS OPTIMISTIC AFTER MEETING OBAMA WASHINGTON (Reuters) - Republican and Democratic congressional leaders emerged from a meeting with President Barack Obama on Friday pledging to find common ground on taxes and spending that would allow them to avert a looming "fiscal cliff" that ...	Obama on a tricky path in 'fiscal cliff' talks with leaders of Congress Obama on a tricky path in 'fiscal cliff' talks with leaders of Congress WASHINGTON — Congressional leaders from both parties voiced fresh optimism Friday after meeting with newly re-elected President Barack Obama about avoiding year-end "fiscal cliff" tax increases and spending cuts that would hammer the middle class ...	Obama, Congress express optimism about 'fiscal' cliff deal Obama, Congress express optimism about 'fiscal' cliff deal WASHINGTON - President Barack Obama and congressional leaders exuded optimism about avoiding a tumble over the fiscal cliff Friday, emerging from a closed door meeting at the White House with hints of compromise -- including Republican offers to ...
Stocks finish higher on optimism over budget talks to avert 'fiscal cliff' Stocks finish higher on optimism over budget talks to avert 'fiscal cliff' AP Business Writer. NEW YORK — Optimism that President Barack Obama and Congressional leaders will reach a deal on the budget deficit and avoid the "fiscal cliff" helped stocks notch their first advance in four days. ... Stocks fell Wednesday after ...	Geithner Says Budget Deal Can Be Reached Within Weeks Geithner Says Budget Deal Can Be Reached Within Weeks Treasury Secretary Timothy F. Geithner said he is optimistic a deal on averting the fiscal cliff can be reached within weeks after talks today between President Barack Obama and congressional leaders. “It was a good meeting, and the tone was very good ...	Despite Obstacles, GOP And Dem Leaders Optimistic On Tax And Spending Deal Despite Obstacles, GOP And Dem Leaders Optimistic On Tax And Spending Deal After an hour-long meeting at the White House Friday, leaders of both parties expressed optimism that they can put together a tax and spending agreement that lowers deficits in the medium term, without triggering exceptionally austere automatic tax ...	US stocks gain on hopeful budget talk US stocks gain on hopeful budget talk NEW YORK (MarketWatch) — U.S. stocks climbed Friday, denting weekly losses, as optimistic words followed the opening round of negotiations on averting automatic spending cuts and tax increases set to begin Jan. 1. Reuters. Enlarge ... common ground ...
Fiscal Cliff Primer: Is The Nation Really Facing a 'Fiscal Cliff'? Fiscal Cliff Primer: Is The Nation Really Facing a 'Fiscal Cliff'? CBSRadioNews After meeting with President Obama, congressional leaders express optimism about avoiding the fiscal cliff. Listen: http://t.co/0kCiyoP8 · 57 minutes ago from web. aarpbulletin Fiscal Cliff: What's At Stake For Medicare And Medicaid?	CEOs optimistic after Obama meeting CEOs optimistic after Obama meeting Obama's meeting was part of a broad campaign to meet with leaders representing different constituencies ahead of negotiations over the fiscal cliff with Congress, which start Friday. The fiscal cliff is the top economic issue facing the nation. At the ...	Obama Opens Fiscal Cliff Talks as Boehner Open to Revenue Obama Opens Fiscal Cliff Talks as Boehner Open to Revenue The framework is “consistent with the president's call for a fair and balanced approach,” he said after what he called a “constructive” meeting with the president and other congressional leaders in the Roosevelt Room at the White House. “We're prepared ...	Fiscal Cliff Talks Get Started; Two Sides Sound Optimistic Fiscal Cliff Talks Get Started; Two Sides Sound Optimistic ... at the start of today's meeting. President Obama and congressional leaders from both major parties met at the White House this morning for the first of what will likely be many negotiations aimed at averting a plunge over the so-called fiscal cliff ...
Congressional Leaders Remain Optimistic After Election Day Losses Congressional Leaders Remain Optimistic After Election Day Losses Both leaders embarked on a two-year quest for political redemption. Pelosi insisted that the 25 seats her party needed to gain were entirely within reach. McConnell, meanwhile, famously vowed that denying Obama's re-election was his first priority. And ...	Both sides appear upbeat on opening round of 'fiscal cliff' talks Both sides appear upbeat on opening round of 'fiscal cliff' talks Republican and Democratic congressional leaders expressed optimism Friday about reaching a deal by the end of the year to avert the looming “fiscal cliff” after what they said were “constructive” talks with President Obama. Senate Majority Leader Harry ...	Boehner Remains Optimistic on Cliff Negotiations Boehner Remains Optimistic on Cliff Negotiations Immediately after Obama was reelected and Democrats gained seats in both the Senate and House, Boehner seemed more conciliatory in calling for Obama to lead Democrats and Republicans to a resolution of the crisis. ... Asked how hopeful he is about ...	All Sides Claim Deal on Fiscal Cliff Obtainable All Sides Claim Deal on Fiscal Cliff Obtainable Congressional leaders emerged from a White House meeting with President Obama and Vice President Joe Biden on Friday projecting optimism that they can strike a deal to avoid the so-called fiscal cliff before the end of the year. Senate Majority Leader ...
Stocks higher on hopes for fiscal cliff... Stocks higher on hopes for fiscal cliff... The indexes started the day in the red, down as much 0.5% and 0.9%, but were pulled into positive territory after top congressional leaders seemed optimistic following their meeting with President Obama about the fiscal cliff, the automatic onset of ...

Congressional leaders optimistic after meeting Obama : Videos

President Obama Meets with Senate Leaders President Obama Meets with Senate Leaders After meeting with Senate leaders, the President says he is confident that Congress is on the verge of passing significant health insurance reform ... Rated: 3.568     Duration: 465 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 15 Dec 2009 15:44:35 PST	"Do you want to be RICH¿" "Do you want to be RICH¿" sweeping spending cuts with a smaller package. Congressional leaders emerged from the meeting with President Barack Obama and labeled the ... Rated: -1     Duration: 728 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 16 Nov 2012 08:54:44 PST	Government shutdown. 4-8-2011-Senate Democrats tell why Government shutdown. 4-8-2011-Senate Democrats tell why the night and that Obama called him and Boehner separately Thursday morning. The White House announced congressional leaders are being called to ... Rated: 5     Duration: 115 seconds     Video type: YouTube     Hosted by: www.youtube.com on Thu, 07 Apr 2011 10:38:04 PDT	President Obama Holds Press Conference President Obama Holds Press Conference The President holds a press conference after meeting with House and Senate leaders from both parties at the White House. February 9, 2010. Rated: 3.9589744     Duration: 3643 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 09 Feb 2010 14:44:52 PST
Update on Budget Negotiations Update on Budget Negotiations After meeting with Congressional leaders, President Obama says that some progress has been made in budget negotiations and warns of the economic ... Rated: 3.5769231     Duration: 281 seconds     Video type: YouTube     Hosted by: www.youtube.com on Thu, 07 Apr 2011 19:10:54 PDT	President Obama Takes Questions at GOP House Issues Conference President Obama Takes Questions at GOP House Issues Conference The President takes questions from Republican members of the House of Representatives at the GOP House Issues Conference in Baltimore, MD. January ... Rated: 4.6834803     Duration: 5155 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 29 Jan 2010 21:22:16 PST	Budget Battle: Will the Shutdown Happen? Who is to Blame? Budget Battle: Will the Shutdown Happen? Who is to Blame? of Special Report, Fox News Channel A Thursday-night meeting between congressional leaders and President Obama failed to resolve an impasse over ... Rated: -1     Duration: 503 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 08 Apr 2011 07:12:15 PDT	President Obamas Economic Recovery Board: First Meeting President Obamas Economic Recovery Board: First Meeting The first official quarterly meeting of the Presidents Economic Recovery Advisory Board (PERAB), chaired by Paul Volcker, is held in the Roosevelt ... Rated: 4.4152541     Duration: 3900 seconds     Video type: YouTube     Hosted by: www.youtube.com on Wed, 20 May 2009 14:57:28 PDT
4/29/09: Presidential Press Conference 4/29/09: Presidential Press Conference The President gives his third prime time press conference from the East Room of the White House. (public domain) Rated: 4.6124568     Duration: 3427 seconds     Video type: YouTube     Hosted by: www.youtube.com on Wed, 29 Apr 2009 20:45:51 PDT	President Obamas News Conference on the American Jobs Act President Obamas News Conference on the American Jobs Act The President said, I hope every senator thinks long and hard about what's at stake when they cast their vote on the Jobs Act. October 6, 2011. Rated: 2.8952746     Duration: 4385 seconds     Video type: YouTube     Hosted by: www.youtube.com on Thu, 06 Oct 2011 12:41:57 PDT	President Obama Speaks to Town Hall Meeting at University of Maryland President Obama Speaks to Town Hall Meeting at University of Maryland President Obama tells crowd of students, parents, and teachers that he is willing to sign a plan that includes tough choices he would not normally ... Rated: 3.200542     Duration: 3828 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 22 Jul 2011 14:34:36 PDT	Democratic Congressmen Fight Obama Democratic Congressmen Fight Obama Cenk Uygur on how some nationally elected Democrats are openly fed up with the lack of leadership and constant capitulation to Republicans by ... Rated: 4.8665233     Duration: 511 seconds     Video type: YouTube     Hosted by: www.youtube.com on Thu, 17 Mar 2011 09:17:23 PDT
Dr Subramanian Swamy interview about Arvind Kejriwal Black Money press conference Dr Subramanian Swamy interview about Arvind Kejriwal Black Money press conference Janata Party president Subramanian Swamy on Friday said there was nothing new in India Against Corruption (IAC) leader Arvind Kejriwal's ... Rated: 4.4615383     Duration: 414 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 09 Nov 2012 17:42:34 PST	Facebook Town Hall with President Obama Facebook Town Hall with President Obama President Obama takes questions from Facebook users in a Town Hall from Facebook's headquarters in Palo Alto, CA. April 20, 2011. Rated: 4.47782     Duration: 3855 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 22 Apr 2011 13:26:20 PDT	6/23/09: White House Press Briefing with President Obama 6/23/09: White House Press Briefing with President Obama President Obama hosts a press conference from the James S. Brady Briefing Room at the White House. (public domain) Rated: 4.25     Duration: 3224 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 23 Jun 2009 14:31:38 PDT	Obama/Calderón Joint Press Conference Obama/Calderón Joint Press Conference Presidents Obama and Calderón (Mexico) speak to the press assembled at Los Pinos, the Mexican presidential residence, on April 16, 2009. (public ... Rated: 4.28     Duration: 3346 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 17 Apr 2009 19:31:38 PDT
Presidential Press Conference Presidential Press Conference President Obama pledges to work with a new Congress on the economy and takes questions from the media about the 2010 midterm elections. November 3 ... Rated: 4.0538921     Duration: 3385 seconds     Video type: YouTube     Hosted by: www.youtube.com on Wed, 03 Nov 2010 13:02:42 PDT	President Obama Speaks at the NALEO Annual Conference President Obama Speaks at the NALEO Annual Conference President Obama delivers remarks at the National Association of Latino Elected and Appointed Officials' Annual Conference. June 22, 2012. Rated: 4.1702785     Duration: 1632 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 22 Jun 2012 14:15:04 PDT	President Obama Speaks at the 2011 Tribal Nations Conference President Obama Speaks at the 2011 Tribal Nations Conference President Obama speaks about the future of Indian Country at the 2011 Tribal Nations Conference. December 2, 2011. Rated: 3.3829787     Duration: 624 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 02 Dec 2011 15:26:15 PST	Obama & Russian Leaders Greatly Improve relationship between Superpowers during Moscow Summit Obama & Russian Leaders Greatly Improve relationship between Superpowers during Moscow Summit See Russia Today's View on Obama's visit to Moscow. Russian FM: Obama wants to rethink view of global situation 08 July, 2009, 06:59 As ... Rated: 4     Duration: 642 seconds     Video type: YouTube     Hosted by: www.youtube.com on Wed, 08 Jul 2009 00:18:29 PDT
2/9/09: Presidential Press Conference 2/9/09: Presidential Press Conference [We are experiencing audio sync issues on YouTube; this speech can be viewed properly at Vimeo www.vimeo.com On Monday evening, February 9, 2009 ... Rated: 4.5770392     Duration: 3522 seconds     Video type: YouTube     Hosted by: www.youtube.com on Mon, 09 Feb 2009 23:12:06 PST	Raising Awareness for Hepatitis: Panel 2 Raising Awareness for Hepatitis: Panel 2 Health experts and Congressional leaders participate in a White House event to commemorate World Hepatitis Day. July 28, 2011. ... white house ... Rated: 2.5238094     Duration: 4432 seconds     Video type: YouTube     Hosted by: www.youtube.com on Thu, 28 Jul 2011 17:58:42 PDT	Davos Annual Meeting 2010 - The US Legislative Agenda: A Global Perspective Davos Annual Meeting 2010 - The US Legislative Agenda: A Global Perspective www.weforum.org 30.01.2010 The Obama Administration is relying on the US Congress to deliver an ambitious agenda focusing on financial regulation ... Rated: 3.6666667     Duration: 3594 seconds     Video type: YouTube     Hosted by: www.youtube.com on Sat, 30 Jan 2010 12:10:11 PST	Briefing on President Obamas FY 2013 Budget Briefing on President Obamas FY 2013 Budget Office of Management and Budget Acting Director Jeffrey Zients discusses President Obama's FY 2013 Budget in a news conference. Alan Krueger ... Rated: 3.4727273     Duration: 3728 seconds     Video type: YouTube     Hosted by: www.youtube.com on Mon, 13 Feb 2012 13:34:34 PST

Congressional leaders optimistic after meeting Obama : Latest News, Information, Answers and Websites

THE HOT-MONEY COWBOYS OF BAGHDAD

My friend, Iraq is a rich, virgin country! one of its richest men, Namir al-Akabi, told me with a startling enthusiasm when I met him earlier this year at his office in Baghdad. Akabi is the chairman of the Almco Group of Companies, a conglomerate he built from nothing in the wake of the American invasion in 2003. What makes Iraqs economic - By STEVEN LEE MYERS

Lawmakers Temporary Deal Averts Government Shutdown

WASHINGTON -- Retreating from their harsh partisan sniping, and perhaps fearing public rebuke, Congressional leaders said Thursday that they had agreed on a large-scale spending measure to keep the government running for the next nine months. But an accord on extending a payroll tax holiday set to expire at the end of the month remained elusive, - Congressional leaders announce that they have agreed on a large-scale spending measure to keep the government running for the next nine months; an accord on extending the payroll tax holiday remains elusive, with Democrats weighing a possible short-term extension, setting the stage for another fight with Republicans over how to pay for it. Photos (M) - By JENNIFER STEINHAUER and ROBERT PEAR; Lizette Alvarez contributed reporting from Miami.

After meeting with Obama, congressional leaders voice confidence ...

14 hours ago ... WASHINGTON — Congressional leaders from both parties voiced fresh optimism Friday after meeting with newly re-elected President Barack Obama ... For all the expressions of optimism, it was unclear whether the Nov.

Congressional Leaders Optimistic, Say Revenue, Spending On The ...

6 hours ago ... WASHINGTON, DC — Congressional leaders expressed optimism after their first meeting with President Barack Obama on averting the fiscal ...

How will this 700 Billion dollar bailout help and how does it work?

Answer: The plan (700 Billion dollar bailout), sent to Congress by the Bush administration late Friday, calls for the federal government to buy as much as $700 billion worth of mortgage assets held by banks, Wall Street firms and other financial institutions. Those securities were backed by home loans, many made to buyers with bad credit or without proof of income. As housing values fell and foreclosures shot to record levels in the past two years, the value of those securities plunged. That in turn caused massive losses in the financial sector. Comment on the bailout plan This past week it reached a crisis situation. Banks and investment firms stopped making the loans to each other as they hoarded cash to protect against any sudden liquidity crunch as well from unknown problems on their partners' balance sheets. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke won support for the bailout plan from Congressional leaders in a meeting Thursday night. Congress began working on the legislation Saturday, and there could be a vote as soon as the coming week. "I am convinced that this bold approach will cost American families far less than the alternative -- a continuing series of financial institution failures and frozen credit markets unable to fund economic expansion," Paulson said Friday. "I believe many members of Congress share my conviction." Word of the plan first leaked Thursday afternoon, causing a massive rally in stocks at the end of the day that carried over into Friday. Several economists also praised the move. "I'm confident this will work," said Mark Zandi, chief economist with Moody's Economy.com. "The federal government is committed to backstopping the nation's financial system and will do whatever is necessary to make sure the system does not unravel. The details are important but secondary." The plan also won support from presidential candidates John McCain and Barack Obama. Zandi is an informal economic advisor to the McCain campaign. Other experts said that while there are obviously big risks to taxpayers, the federal government has little choice but to provide the assurance to financial markets. "If this doesn't work, we're in trouble, because there's not much more the government can do," said Jaret Seiberg, a financial services analyst at the Stanford Group. "They've left very few arrows in the quiver." More losses, failures expected But Seiberg added that the bailout won't completely end the recent turmoil on Wall Street, a crisis that began with the Treasury's seizure of mortgage finance giants Fannie Mae (FNM, Fortune 500) and Freddie Mac (FRE, Fortune 500) earlier this month and escalated this week with the bankruptcy of Lehman Brothers (LEH, Fortune 500) and the $85 billion loan to American International Group (AIG, Fortune 500), the world's largest insurer, by the Federal Reserve. "What the government is doing now is not suddenly going to make institutions profitable," he said. "What we're talking about is trying to make them stable. That means removing the risk from their balance sheet and putting it on the taxpayer. The government has a much better ability to hold onto that risk for an extended period of time." Still, Seiberg is optimistic that the bailout will help home prices finally start to recover since it should lead to lower mortgage rates and improve consumer confidence. But others say that there are still enough fundamental problems in housing, including a huge glut of homes for sale and the likelihood of more foreclosures in the pipeline. "It should help housing prices find a bottom but I still think it will be about a year from now -- and after prices decline another 10%," said Stuart Hoffman, chief economist for PNC Financial Services Group. Nonetheless, even if home prices don't stabilize soon, one expert said the bailout could be a success if it allows bank to stop hoarding cash and once again begin lending to each other, consumers and businesses. "The one thing you don't want is to have the economy grind to a halt because people can't get credit," said Dean Baker, co-director of the Center for Economic and Policy Research. Baker predicts home prices will fall another 20% even with the bailout but said the decline could become even more severe without passage of the rescue plan. "Housing prices were a bubble and you can't stop them from deflating," Baker said. "But [the bailout] might stop an uncontrolled plunge." Will Congress pass the bailout? Despite the support being voiced by Democrats and Republicans for the plan on Friday, Seiberg said its chance of passage is by no means certain. "The odds of this passing are probably around 80% - and those are pretty good odds for Washington," he said. "But it's not a slam dunk." Sen. Richard Shelby, the ranking Republican on the Senate Banking Committee, questioned the plan Friday morning, telling CNNMoney.com that he doubts it will be the
Category: Economics

After meeting with Obama, congressional leaders voice confidence ...

WASHINGTON - Congressional leaders from both parties voiced fresh optimism Friday after meeting with newly re-elected President Barack Obama about avoiding year-end "fiscal cliff" tax increases and spending cuts that ...

Why do Democrats think that voting for a RULE is constitutional & the same thing as voting for a BILL?

http://www.nationalcenter.org/2010/03/slaughter-solution-would-not-pass.html The Supreme Court has decided that its unconstitutional to do so: A dozen years ago, in a 6-3 decision, the U.S. Supreme Court ruled the line item veto unconstitutional in Clinton v. City of New York, 524 U.S. 417 (1998). Writing for the majority, Justice John Paul Stevens laid a likely roadmap for how the Court might rule on a challenge to the constitutionality of the Slaughter Solution: ...our decision rests on the narrow ground that the procedures authorized by the Line Item Veto Act are not authorized by the Constitution. The Balanced Budget Act of 1997 is a 500-page document that became Public Law 105--33 after three procedural steps were taken: (1) a bill containing its exact text was approved by a majority of the Members of the House of Representatives; (2) the Senate approved precisely the same text; and (3) that text was signed into law by the President. The Constitution explicitly requires that each of those three steps be taken before a bill may become a law. Art. I, ��7. If one paragraph of that text had been omitted at any one of those three stages, Public Law 105--33 would not have been validly enacted. [Emphasis added] If the Line Item Veto Act were valid, it would authorize the President to create a different law - one whose text was not voted on by either House of Congress or presented to the President for signature. Something that might be known as Public Law 105--33 as modified by the President may or may not be desirable, but it is surely not a document that may become a law pursuant to the procedures designed by the Framers of Article I, ��7, of the Constitution. Whether one agrees or disagrees with the Court in the line item veto case, one cannot deny that the majority decision here is a powerful sign that the Slaughter Solution would not be ruled constitutional by the U.S. Supreme Court.
Answer: But as CNSNews.com reported, the Congressional Budget Office’s analysis of the final Senate health care bill indicates that it would impose a mandatory $15,000 annual fee on middle-class families that earn greater than 400 percent annually of the federal poverty level. That means $88,200 for a family of four. Among the five basic facts that the CBO analysis cites about the bill is that “Your family insurance plan – if your employer drops your coverage and you are forced to buy it on your own – will cost about $15,000 per year when the legislation is in full force in 2016.” ObamaCare Nuclear Option Deal Close Behind closed doors, the Obama Administration, House and Senate Democrat leaders are cutting a secret deal on ObamaCare. They have come up with a way to pass the Senate version of ObamaCare in the House without any House members having to vote directly on the bill. Now The Hill is reporting that the House and Senate Parliamentarians are helping to advise Democrats on how to pass ObamaCare. When will the self proclaimed most ethical Congress in history start acting ethical and honest? This 111th Congress has proven, to date, to be the most secretive, non-transparent and devious Congress in recent history. I explained in a blog on The Foundry yesterday the unethical procedure being used to pass ObamaCare: House members have come up with a unique way to structure a vote that attempts to avoid the House voting on legislation before it goes to the President. First, the House Budget Committee will report out a reconciliation bill. It is unclear as to whether the Stupak Amendment will be added. This reconciliation measure would be reported for consideration by the House of Representatives as a whole. Speaker Nancy Pelosi (D-CA) would then package the Senate passed Obamacare bill and the House reconciliation measure into one measure. The House rules committee will report out a rule that will allow the Senate passed Obamacare bill to pass the House without a vote. This seems to be a violation of the constitutional requirement of Article 1, Section 7. The Constitution states in part “Every Bill which shall have passed the House of Representatives and the Senate, shall, before it becomes a law, be presented to the President of the United States.” The House will avoid a direct vote on the Senate passed ObamaCare by passing a self-executing rule that deems ObamaCare to be passed, if the House approves the rule setting up debate on ObamaCare. Under the rule if the reconciliation measure passes, then the Senate passed ObamaCare bill will be deemed to have passed the House without a vote. There is precedent in the House for self-executing rules. In 2007, the House to pass a self-executing rule during the debate on a War Supplemental. Also, during the budget process over the past few years, the House has inserted language into the annual budget resolutions that ”deems” as passed a debt limit increase. This type of rule allows the debt limit to pass the House without a vote and as similar rule would allow teh Senate version of ObamaCare to pass without a vote. Late last night, The Hill reported that “Democrats Nearing Deal on Reconciliation”: House and Senate Democratic leaders and White House officials were optimistic Wednesday evening that they were nearing a deal on a reconciliation package that would smooth the way for them to finally complete health care reform. Congressional leaders and senior administration officials met in Speaker Nancy Pelosi’s (D-Calif.) office late in the day to hammer out a deal on reconciliation, meant to act as a sidecar of adjustments to the original $871 billion Senate-passed health care reform bill. This meeting was not transparent and not open to the public. Pelosi was behind closed doors in order to cut a deal on a reconciliation measure that the House may consider in the next week or two. Yet again, Democrat leaders have used a closed door secret procedure to craft legislation to impose on Americans. House Democratic leaders will walk their rank and file through portions of the package in a Thursday morning meeting, a leadership aide said. This means that only Democrat elites have been part of this negotiation. Not until later today will the House Democrat caucus be allowed to see the reconciliation measure. Republicans need not apply, because they will not be allowed to see the reconciliation measure, until Democrats say so. And for your average American who will have to live under this new health care government run regime, you are not allowed to participate in the legislative process at all. http://socglory.blogspot.com/
Category: Politics

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As U.S. Shutdown Looms, Obama Rejects a Stopgap

WASHINGTON -- President Obama on Tuesday flatly dismissed a short-term Republican plan to keep the federal government operating past Friday as Speaker John A. Boehner sought deeper spending cuts, putting Congress and the White House on a course toward a government shutdown. Showing some exasperation at the impasse over this years budget, Mr. Obama - Pres Obama dismisses a short-term Republican plan to keep the federal government operating because of deeper spending cuts sought by Speaker John Boehner, putting Congress and the Obama administration on a course toward a government shutdown; tense bargaining underlines how important both parties view this budget fight in shaping the debate to come on other fiscal issues; photos (M) - By CARL HULSE and JENNIFER STEINHAUER; Jackie Calmes contributed reporting.

Obama Tells Congressional Leaders That 'Fiscal Cliff' - Huffington Post

WASHINGTON — Congressional leaders from both parties voiced fresh optimism Friday after meeting with newly re-elected President Barack Obama about avoiding year-end "fiscal cliff" tax increases and spending cuts that ...

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Obama, Hill leaders optimistic on fiscal cliff - latimes.com

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New York Democrats Skipping Convention for, Well, You Name It

ALBANY -- Representative Timothy H. Bishop of Long Island is visiting the Rocky Point Civic Association. Representative Kathy Hochul of Erie County is meeting with small business owners. And Representative Bill Owens of the North Country is discussing agriculture policy with the New York Farm Bureau.With President Obama set to accept his partys - Democratic New York State Reps Timothy H Bishop, Kathy Hochul, Bill Owens and Louise M Slaughter, who face tough re-election races, are skipping the Democratic National Convention in Charlotte, NC, in September, citing the need to campaign; court-ordered redistricting has forced many incumbents in New York to sway voters they have not previously represented, making any loss of campaign time that much more critical. Photo (M) - By THOMAS KAPLAN

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THE LONG RUN; Conservative Stars Small-Town Roots

JANESVILLE, Wis. -- Representative Paul D. Ryan s childhood home here was not overtly partisan. His parents were enthusiastic supporters of Representative Les Aspin, a Democrat, yet adored President Ronald Reagan from their glimpses of him on the evening news. But the death of his father when Mr. Ryan was only 16 punctured his life of math tests - Representative Paul D Ryan began developing self-reliance and a political philosophy as a teen after his father died that has culminated into a defining role as a vice-presidential candidate; in Ryan, Mitt Romney has found not only a sympathetic life story to animate his campaign but also a politician who fills in what many see as the gaps in Romneys conservative bona fides (Series: The Long Run). Photos (L) - By JENNIFER STEINHAUER, JIM RUTENBERG, MIKE McINTIRE and SHERYL GAY STOLBERG; Jennifer Steinhauer reported from Janesville, Sheryl Gay Stolberg from Washington, and Jim Rutenberg and Mike McIntire from New York. Nicholas Confessore contributed reporting from New York, and Serge Kovaleski from Denver. Kitty Bennett contributed research from Seattle, and Sheelagh McNeill from New York.

Warning: Theres Not Nearly Enough Of This Vaccine To Go Around

A few days after 9/11, a retired Air Force colonel named Randall Larsen entered the northwest gate of the White House, crossed a courtyard to the Eisenhower Executive Office Building, stepped through the front door and stopped dead in his tracks. In place of the usual security checkpoint, there was an elaborate upgrade that included not only metal - By WIL S. HYLTON

Organized Labor Hopes Attacks by Some States Help Nurture Comeback

WASHINGTON -- When Wisconsins governor, Scott Walker, began his crusade against collective bargaining by public employees, his states unions seemed woefully outmatched. But Wisconsins beleaguered labor movement woke up and mobilized, through e-mail blasts, phone trees and Facebook, getting tens of thousands of supporters to rally in Madison - By STEVEN GREENHOUSE

Congressional Leaders Optimistic After White House Meeting on ...

Congressional leaders left the White House after a one-hour meeting today on the fiscal slope. ... Congressional Leaders Optimistic After White House Meeting on Fiscal Slope. By: David Dayen Friday November 16, 2012 11:40 am .... heard any leaks about what happened in this meeting: Later on Friday Mr. Obama will meet with more than a dozen representatives of civic, civil-rights, disability and anti-poverty groups and organizations representing both older and young Americans.

Daily Kos: President Obama meets with congressional leaders to ...

Capitol Hill leaders emerged from their meeting Friday with President Barack Obama sounding optimistic about their ability to reach consensus on vexing tax and spending issues and avoid the impending "fiscal cliff." Just weeks before an end of year deadline -- when a ..... One day into the next session the new congress could just vote to get rid of the sequester, right after the Bush tax cuts for the uber-wealthy expire. "Doing My Part to Piss Off the Religious Right" - A ...

Congressional Leaders Remain Optimistic After Election Day Losses

WASHINGTON -- House and Senate minority leaders Nancy Pelosi and Mitch McConnell surrounded themselves with the triumphant faces of newly elected lawmakers Tuesday. But the glow of ... WASHINGTON - U.S. President Barack Obama made his first public comments on Friday since his re-election victory, calling on congressional Republicans to immediately freeze tax. ... jbendery RT @jacksonjk: Bono on the Hill today for meetings with congressional leaders.

Optimism expresed by Obama, congressional leaders on resolving ...

President Barack Obama (R) shakes hands with Speaker of the House John Boehner (R-OH) during a meeting with bipartisan group of congressional leaders in the Roosevelt Room of the White House on November 16, 2012 in Washington, DC. ... Obama, arguing he now has a mandate from voters after winning reelection during a campaign in which he pledged to raise taxes on the wealthy, has said he will allow taxes to go up for all Americans unless Republicans ...

Debt Divide Remains As President Steps In

WASHINGTON -- The White House and Congressional Republicans remained deeply divided on Monday over whether a budget-cutting deal tied to a debt limit increase should contain new federal revenues. As President Obama welcomed Senator Harry Reid of Nevada, the majority leader, and Senator Mitch McConnell of Kentucky, the Republican leader, to the - By CARL HULSE

Fed Chief Says Politics Hurt Markets and Nation

JACKSON HOLE, Wyo. -- The Federal Reserve chairman, Ben S. Bernanke, said Friday that the political battle this summer over the federal governments borrowing and spending had disrupted financial markets and probably the economy as well. In remarks that went well beyond his previous calls for Congress and the White House to address the nations - By BINYAMIN APPELBAUM; Jackie Calmes contributed reporting from Vineyard Haven, Mass., and Carl Hulse from Washington.

Fiscal Cliff Primer: Is The Nation Really Facing a 'Fiscal Cliff'?

WASHINGTON - Congressional leaders from both parties voiced fresh optimism Friday after meeting with newly re-elected President Barack Obama about avoiding year-end "fiscal cliff" tax... Obama Tells Congressional ...

Capitol Hill leaders sound optimistic notes after fiscal cliff talks with ...

Updated 1:36 p.m. ET - Capitol Hill leaders emerged from their meeting Friday with President Barack Obama sounding optimistic about their ability to reach consensus on vexing tax and spending issues and avoid the impending ... President Barack Obama shakes hands with Speaker of the House John Boehner during a meeting with bipartisan group of congressional leaders in the Roosevelt Room of the White House on November 16, 2012 in Washington, DC.

Both Sides Are Braced For Debt-Limit Debate

WASHINGTON -- With a showdown approaching over the need to raise the federal debt limit, White House officials feel they have the upper hand over Congressional Republicans who want to use the debate on the measure to force deep spending cuts, people familiar with the administrations thinking say. While Republican leaders say they hope to avoid a - By JACKIE CALMES

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