Daily Archives: July 29, 2011

Seriously? Seriously? We’ve wasted three whole days, with national default* on our legal obligations mere days away, for this?!? House Republicans will link passage of a balanced-budget amendment to Speaker John Boehner’s (R-Ohio) last-ditch debt-ceiling plan, which GOP lawmakers said would move the measure to passage in a high-stakes vote later on Friday. … Republican lawmakers say the Boehner framework… Read more »

As if the increasing odds of a debt-ceiling disaster weren’t bad enough, now there’s this: The U.S. economy came perilously close to flat-lining in the first quarter and grew at a meager 1.3 percent annual rate in the April-June period as consumer spending barely rose. The Commerce Department data on Friday also showed the current lull in the economy began… Read more »