Another reason why Monday’s debt-ceiling deal was bad: A government official tells ABC News that the federal government is expecting and preparing for bond rating agency Standard & Poor’s to downgrade the rating of US debt from its current AAA value. […]

By Bill Wilson – On Wednesday, MSNBC’s Martin Bashir launched the most transparently biased and abusive segments yet against Tea Party activists. Not content to simply repeat the slurs of the usual suspects of the legacy media, Bashir out-did himself by trotting out one of the most […]

By Rebekah Rast – America’s definition of poverty differs from how many other countries would describe it. You know America is indeed a blessed nation when its poorest households are described as having a refrigerator, television, microwave and some even having an Xbox or other gaming system . But only about 90 percent of the population has a cellular phone . According The New York Times, “That leaves 32 million, including the […]

By Rick Manning – Where is the irrational exuberance? Where is the stock market celebration that a grand deal has been cut and the nation has been saved from certain doom because the debt ceiling was raised, and Washington, D.C. can go back to spending $125 billion […]

The unemployment rate for July dipped slightly to 9.1%.

To receive the Must Reads in your inbox,  click here ! Good Thursday morning, Here are the  Must Reads according to  Adam Bitely : DC debt deal: Restraint in name only Why the debt-ceiling deal isn’t selling in Peoria Debt deal could endanger ObamaCare? Regretting raising the debt-ceiling Key dates for the Budget Control Act of 2011 Phony federalism: The Republican Party is a fickle friend to the 10th amendment Tea Party ‘terrorists’ take Capitol hostage? Do the terrorists win if we balance the budget? Washington’s employment bubble bursting

By Paul Driessen – Carbon capture and storage could ensure abundant electricity from coal, while cutting the CO2 emissions “responsible for climate change.” Yet, barely two years after “a sense of determination and common cause” inspired the Obama Energy Department to launch CCS projects, the […]

By Robert Romano – Patriotic Americans who see the nation teetering on the brink of financial ruin and demand real reforms to rein in the spiraling debt are an imminent threat to the Republic. That was apparently Joe Biden’s take on tea party demands that any increase […]

By Howard Rich – Republican leaders in Washington, D.C. have failed another crucial test of their limited government resolve.  Rather than insisting on immediate cuts, entitlement reform, caps on future spending and a balanced budget requirement during the recent debt ceiling debate, the GOP has […]

Yesterday, the President signed into law the Budget Control Act of 2011, which provides for a total debt ceiling increase of between $2.1 trillion-$2.4 trillion, sets ten-year caps on discretionary spending, creates a Joint Select Committee on Deficit Reduction, and requires both houses of Congress […]