Moody’s statement : “If the debt limit is raised again and a default avoided, the Aaa rating would likely be confirmed. However, the outlook assigned at that time to the government bond rating would very likely be changed to negative at the conclusion of the review unless […]

It becomes increasingly clear that ‘Cut, Cap, and Balance’ is going to be the only plan that can pass the House, and by default, might be the only “compromise” plan available. From The Hill : House Democratic leaders are attacking Senate Minority Leader Mitch McConnell’s (R-Ky.) debt-ceiling […]

Senator Tom Coburn, a member of the ‘Gang of Six,’ has admitted that the bill, if all of its $3.7 trillion in savings over ten years were even realized, would only  represent 40 percent of the solution to restoring order to the nation’s fiscal house.  Coburn said even if enacted, Congress is ‘going to have to change it because this is just 40 percent of the way.’  Only 40 percent of a […]

To receive the Must Reads in your inbox,  click here ! Good Wednesday morning, Here are the  Must Reads according to  Adam Bitely : Cut, Cap, and Balance passes the House House GOP should make Obama blink Harry Reid’s debt ceiling problem McConnell’s “Plan B” is a humiliating abdication of legislative responsibility Ron Paul: “We will default because the debt is unsustainable” The good, the bad, and the ugly of the Gang of Six plan… As debt talks continue, Feds are hiring–and never firing Cartoon of the day: “The Obama Poll Slide” No union, including SEIU, should be above the law The top 3 myths about the Great Depression and the New Deal

By Robert Romano – Now that the House of Representatives has passed the “Cut, Cap, and Balance Act,” it is up to the Senate to do its job. Harry Reid needs to pass something.  It has become his problem. The House plan makes any increase in the […]

By William Warren – My latest cartoon looks at Obama’s slipping poll numbers.

In a 234-190 vote, the ‘Cut, Cap, and Balance’ act has passed the House of Representatives. The Senate is now on the line to keep the momentum behind the legislation going. Here is what Rep. Jim Jordan, the Chairman of the Republican Study Committee, had […]

By Rebecca DiFede – According to a recent Gallup poll , Obama’s approval rating is 44 percent, down from 60 percent during July 2009.  The spirit around him has faded substantially, and although he has managed to raise more money than anyone else in the campaign race so […]

To receive the Must Reads in your inbox,  click here ! Good Tuesday morning, Here are the  Must Reads according to  Adam Bitely : ‘Cut, Cap, and Balance’ or bust The next step for Republicans in the debt fight Obama threatens veto of ‘Cut, Cap, and Balance’… The facts about the debt ceiling Cut, Cap and Balance and Obama: Kick the can or kick the habit Poverty study highlights key issue in debt ceiling clash Boeing’s uniquely American right to migrate Reforming the NLRB can jumpstart efforts to reverse ‘Progressive Era’ Obama is the problem with this economy Sowell: Good Things

By Kevin Mooney — Unelected extra-constitutional czars are least partly responsible for the moratorium that continues to undermine energy production in the Gulf Coast. That’s why Sen. David Vitter (R-La.) has stepped up to block funding for administrative appointments that escape congressional scrutiny. In June, Vitter […]