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Sep 25, 2009 8 Comments ›› Erik Wong

There's been plenty of recent bad news for Democrats in Congress, whether it's Andrew Gelman's science-y predictions of defeat or the news that fundraising has been lackluster.* I don't think the Democrats should panic yet. It is still very early, and right now is an awful time for them to be polling: They simply haven't accomplished ...

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Sep 25, 2009 5 Comments ›› Erik Wong

FOX News: Lawmakers in Washington are calling on the National Institutes of Health to explain why millions of taxpayer dollars are being spent on seemingly ridiculous research projects, including: -- how dragon boating can help cancer survivors; -- how canoes can help cultural identity; -- how snorting cocaine creates anxiety. Click here for photos. In a letter to NIH director Francis ...

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Sep 25, 2009 28 Comments ›› Erik Wong

Politico: Americans who fail to pay the penalty for not buying insurance would face legal action from the Internal Revenue Service, according to the Joint Committee on Taxation. The remarks Thursday from the committee's chief of staff, Thomas Barthold, seems to further weaken President Barack Obama's contention last week that the individual mandate penalty, which could go ...

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Sep 24, 2009 22 Comments ›› Erik Wong

The Washington Times: The U.S. government failed to send promised college tuition checks to tens of thousands of veterans of the Iraq and Afghanistan wars before they returned to school this fall, even after being warned that it was inadequately staffed for the job. The Veterans Affairs Department blamed a backlog of claims filed for GI Bill ...

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Sep 24, 2009 30 Comments ›› Erik Wong

PITTSBURGH – Police fired canisters of pepper spray and smoke at marchers protesting the Group of 20 summit Thursday after anarchists responded to calls to disperse by rolling trash bins and throwing rocks. The march turned chaotic at just about the time that President Barack Obama and first lady Michelle Obama arrived for a meeting with ...

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Sep 24, 2009 13 Comments ›› Erik Wong

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Sep 24, 2009 6 Comments ›› Erik Wong

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Sep 24, 2009 2 Comments ›› Erik Wong

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Sep 24, 2009 1 Comment ›› Erik Wong

Everyone's favorite liberal mouthpiece, Politico: The House voted Thursday to freeze Medicare Part B premiums for most elderly next year, even as Democrats moved to exempt the Postal Service from having to make $4 billion in payments due next week to cover retirement health benefits for its employees. The back-to-back actions reflect a flurry of last minute ...

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Sep 24, 2009 4 Comments ›› Erik Wong

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Sep 24, 2009 4 Comments ›› Erik Wong

PITTSBURGH, Pennsylvania (AFP) – The embattled US dollar is expected to come under scrutiny at a summit of developing and industrialized nations following China-led calls to review its role as a reserve currency. The dollar issue is bound to surface at the two-day meeting in Pittsburgh as US President Barack Obama and other leaders of the ...

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Sep 24, 2009 8 Comments ›› Erik Wong

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Sep 24, 2009 8 Comments ›› Erik Wong

USA Today: WASHINGTON — The $787 billion economic recovery package also is stimulating growth in the federal government as agencies hire thousands of workers and spend millions of dollars to oversee and implement the package, according to government records and spokesmen. Fourteen of the top federal agencies responsible for spending under the American Recovery and Reinvestment Act ...

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Sep 23, 2009 13 Comments ›› Erik Wong

CNS News: As a candidate for president, Barack Obama decried the financial toll that the Iraq war was taking on the economy, but Obama’s proposed spending on welfare through 2010 will eclipse Bush’s war spending by more than $260 billion. “Because of the Bush-McCain policies, our debt has ballooned,” then-Sen. Barack Obama told a Charleston, W.V., ...

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Sep 23, 2009 4 Comments ›› Erik Wong

WASHINGTON - The IRS says it is severing ties with ACORN, the community activist group involved in a scandal after employees were caught on video giving advice to a couple posing as a prostitute and pimp. The Internal Revenue Service said Wednesday it would no longer include ACORN in its volunteer tax assistance program. The ...

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Sep 23, 2009 1 Comment ›› Pat Dollard

WASHINGTON – Republicans argued health legislation would hurt seniors and Democrats said it would do nothing of the sort as the Senate Finance Committee resumed debate Wednesday on a bill to remake the nation's health care system. The second day of Chairman Max Baucus' meeting on his nearly $900 billion, 10-year bill to enact President Barack ...

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Sep 23, 2009 3 Comments ›› Pat Dollard

When the best job Mikala Reasbeck could find after college in Boston was counting pills part time in a drugstore for $7 an hour, she took the drastic step of jumping on a plane to Beijing in February to look for work. A week after she started looking, the 23-year-old from Wheeling, W.Va., had a full-time ...

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Sep 21, 2009 Comments Off Erik Wong

CNSNews.com: Washington – Deficit spending and government debt are reaching a level that could culminate in another economic crisis as big as the one that hit the United States last year, Minnesota’s Republican Governor Tim Pawlenty told CNSNews.com. “One of the main things I’m very worried about is this administration and the Democratically-controlled Congress running ...

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Sep 21, 2009 4 Comments ›› Erik Wong

NEW YORK (Reuters) - Hassan Nemazee, a fund-raiser for Barack Obama, Hillary Clinton and other Democrats, has been indicted for defrauding Bank of America, HSBC and Citigroup Inc out of more than $290 million in loan proceeds, U.S. prosecutors said on Monday.

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Sep 21, 2009 11 Comments ›› Erik Wong

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Sep 21, 2009 1 Comment ›› Erik Wong

The Guardian: The United Nations is planning a form of diplomatic shock therapy for world leaders this week in the hope of injecting badly needed urgency into negotiations for a climate change treaty that, it is now widely acknowledged, are dangerously adrift. UN chief Ban Ki-Moon and negotiators say that unless they can convert world leaders into ...

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Sep 20, 2009 6 Comments ›› Erik Wong

SAN FRANCISCO - With their advertising revenue drying up, newspaper publishers spent much of the spring and summer debating whether to cut off free online access to some of the material they run in their shrinking print editions. It looks like the talk will turn to action this fall, when some large newspapers are expected to ...

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Sep 20, 2009 12 Comments ›› Erik Wong

The Hill: The president said he is "happy to look at" bills before Congress that would give struggling news organizations tax breaks if they were to restructure as nonprofit businesses. "I haven't seen detailed proposals yet, but I'll be happy to look at them," Obama told the editors of the Pittsburgh Post-Gazette and Toledo Blade in an ...

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Sep 18, 2009 12 Comments ›› Erik Wong

Bloomberg: Sept. 18 -- Unemployment rose in 27 U.S. states in August, with California and Nevada reaching record levels of joblessness. Rhode Island rounded out the list of states with the highest level of unemployment since data began in 1976, the Labor Department reported today in Washington. California’s unemployment rate reached 12.2 percent and Nevada’s climbed to ...

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Sep 18, 2009 11 Comments ›› Erik Wong

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