Politics

2:57am

Fri December 7, 2012
Politics

Tea Party May Be Losing Steam, But Issues Still Boil

Originally published on Fri December 7, 2012 9:56 am

The battle over how to avoid the looming cuts and tax increases known as the fiscal cliff is a frustrating one for the Tea Party. The movement is still a force within the GOP, even as its popularity has fallen over the past two years.

But in the current debate, there have been no big rallies in Washington, and Tea Party members in Congress seem resigned to the fact that any eventual deal will be one they won't like — and one they'll have little influence over.

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5:36pm

Thu December 6, 2012
It's All Politics

Boehner Faces Conservative Backlash Over 'Fiscal Cliff' Talks

Originally published on Thu December 6, 2012 6:40 pm

House Speaker John Boehner appears at a news conference after a House Republican conference meeting Wednesday on Capitol Hill.
Alex Wong Getty Images

The Internet has not been kind to House Speaker John Boehner in recent days. On Twitter, there are some new, not-so-subtle hashtags going around: #boehnermustgo, #fireboehner and #purgeboehner.

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5:04pm

Thu December 6, 2012
It's All Politics

DeMint's Exit Creates Political Ripples, Raises Questions For Tea Party

Originally published on Fri December 7, 2012 8:51 am

Sen. Jim DeMint, R-S.C., speaks to the media after a Republican caucus luncheon last year. He's joined by (from left): Sen. John Thune, R-S.D.; Sen. Lamar Alexander, R-Tenn.; Senate Minority Leader Mitch McConnell, R-Ky.; and Sen. Lindsey Graham, R-S.C.
Alex Brandon AP

When Thursday dawned in Washington, some things seemed certain: The fiscal cliff fight would continue; the National Christmas Tree would be aglow by evening, and Sen. Jim DeMint of South Carolina would continue to be the Senate's most important Tea Party voice.

So much for Washington certainties.

With his surprise announcement that he was exiting the Senate to head the Heritage Foundation think tank, a job that paid his predecessor $1 million annually, DeMint brought to an end his role as the Tea Party's godfather in the Senate.

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5:01pm

Thu December 6, 2012
Politics

Senator DeMint Leaving Congress To Head Think Tank

Originally published on Thu December 6, 2012 6:40 pm

Senator Jim DeMint on Thursday announced that he will not return to the new Congress, and instead will resign early next month. DeMint will instead lead the Heritage Foundation, a conservative think tank.

3:59pm

Thu December 6, 2012
It's All Politics

White House Dismisses Constitutional Challenge In Debt Ceiling Saga

White House spokesman Jay Carney briefs reporters Thursday at the White House. "This administration does not believe the 14th Amendment gives the president the power to ignore the debt ceiling — period," he said.
Charles Dharapak AP

White House spokesman Jay Carney put an end to intense speculation Thursday about whether President Obama would do an end run around Congress with one simple line: "This administration does not believe the 14th Amendment gives the president the power to ignore the debt ceiling — period."

Some Democrats had been urging Obama to unilaterally raise the debt limit — a bold move that would take away Republican leverage in the ongoing negotiations over taxes and spending.

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1:40pm

Thu December 6, 2012
Politics

Fixing The Budget, While Protecting The Middle Class

Originally published on Thu December 6, 2012 1:58 pm

House Republicans and the White House are at a stalemate over how best to avoid the so-called fiscal cliff. As the deficit deadline approaches, the priority for Senate Budget Committee member Sen. Sheldon Whitehouse (D-RI), is to protect the middle class.

10:56am

Thu December 6, 2012
The Two-Way

Sen. Jim DeMint Leaving Congress To Run Heritage Foundation

Originally published on Thu December 6, 2012 2:47 pm

Sen. Jim DeMint, R-S.C., speaks during to the Conservative Political Action Conference in Washington, D.C., on Feb. 9.
Mandel Ngan AFP/Getty Images

One of the most consistently conservative voices in Congress and a favorite of Tea Party activists across the nation is leaving the Senate.

South Carolina Republican Jim DeMint is resigning to take over as president of the Heritage Foundation.

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8:25am

Thu December 6, 2012
The Two-Way

Alan Simpson Goes 'Gangnam Style'

Originally published on Thu December 6, 2012 11:05 am

The Can Kicks Back

How can you get young folks to press their elders to solve the debt and deficit crises?

Have 81-year-old former Sen. Alan Simpson go "Gangnam style," of course.

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5:12am

Thu December 6, 2012
Business

Obama, Business Roundtable Disagree Over Taxes

President Obama is lobbying the CEOs of the nation's largest companies to support him as he tries to reach a budget deal with Republican lawmakers. The president met Wednesday with members of the Business Roundtable. The group urges the extension of Bush-era tax cuts for everyone, including the wealthy.

6:09pm

Wed December 5, 2012
It's All Politics

Looming Spending Cuts Would Hit Hard All Over

Alan Krueger, chairman of the president's Council of Economic Advisers, warns that consumer spending will drop if Congress and the White House fail to reach a deal on spending cuts and tax increases.
Jewel Samad AFP/Getty Images

Tax increases are only a part of what lies ahead if Congress can't come to an agreement to avert the fiscal cliff by the new year. Massive spending cuts will also kick in — and those cuts will be felt throughout the economy.

The current stalemate got under way two years ago when Congress, locked in a bitter partisan battle over whether to extend the George W. Bush-era tax cuts, passed what was known as the Budget Control Act of 2011.

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