Tag: National budgets

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Metro

Casey warns of more cuts to medical research funds

Sen. Bob Casey, D-Pa., speaks during a news conference at 30th Street Station in Philadelphia. (AP Photo/Matt Rourke) PITTSBURGH (AP) — U.S. Sen. Bob Casey said new spending cuts to federally funded medical research will take effect in January if Congress does not stop them, and he blamed an earlier round of funding cuts for massive job losses in Pennsylvania.

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National

Obama: Shutdown exposed clash of political visions

President Barack Obama, accompanied by Education Secretary Arne Duncan, right, laughs as he visits a classroom at Pathways in Technology Early College High School (P-TECH) in Brooklyn borough of New York, Friday, Oct. 25, 2013, to highlight the importance of education in providing skills for American workers in a global economy. (AP Photo/Charles Dharapak) by Josh LedermanAssociated Press Writer NEW YORK (AP) — Regrouping with Democrats after a bitter budget fight, President Barack Obama on Friday cast the recent spending-and-debt standoff with Congress as “a symptom of a larger challenge” but one offering Democrats the chance to show voters the virtues of their vision for government ahead of the 2014 midterm elections.

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Business

Teshome gives business forecast to Chamber

PREDICTIONS—PNC VP and Market Analyst Mekael Teshome tells the African American Chamber of Commerce’s PowerBreakfast audience that he sees modest but positive economic growth ahead. (Photo by Christian Morrow) As an economist and assistant vice president at PNC, Mekael Teshome’s specialty is risk analysis. So it wasn’t unexpected that the economic forecast for the coming year he presented at the African American Chamber of Commerce’s October 18 PowerBreakfast was relatively conservative, but positive.

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National

As government re-opens Obama warns: “The American people are completely fed up with Washington”

BACK IN BUSINESS–President Barack Obama speaks in the State Dining Room of the White House in Washington on Oct. 17, 2013. (AP Photo/Jacquelyn Martin) by Andrew TaylorAssociated Press WriterWASHINGTON (AP) — The government unlocked its doors Thursday after 16 days, with President Barack Obama saluting the resolution of Congress’ bitter standoff but lambasting Republicans for the partial shutdown that he said had damaged the U.S. economy and America’s credibility around the world.

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National

Time to throw my bum out of Congress?

President Barack Obama delivers the State of the Union address in the House Chamber at the U.S. Capitol in Washington, D.C., February 12, 2013. (Photo by Lawrence Jackson/The White House) by Paul SteinhauserCNN Political Editor (CNN) — It’s conventional wisdom: Americans don’t like Congress. But when it comes time to vote, they usually don’t throw their lawmaker out of office. However, new polls indicate that times and perceptions about “throwing the bums out” may be changing.

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Opinion

Republicans, stop living in fear

by Donna Brazile (CNN) — As Senate negotiators, led by Majority Leader Harry Reid and Minority Leader Mitch McConnell huddle for another day to avoid the nation’s default this week, we’ll know in a few days if Congress — more accurately, House Republicans — will choose to plunge this nation into a second recession, possibly triggering a global financial meltdown, or agree to compromise.

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National

Reid: Soft-spoken, combative Obama partner vs GOP

President Barack Obama, Senate Majority Leader Harry Reid of Nev., right, and other Democrat Senators meet in the Oval Office of the White House in Washington. (AP Photo/Carolyn Kaster) by Charles Babington and Nedra PicklerAssociated Press Writers WASHINGTON (AP) — Harry Reid, the soft-spoken but pugilistic Senate majority leader, didn’t wait for White House officials to declare their view of high-stakes talks over the government shutdown and debt. Standing just outside the West Wing, the 73-year-old Nevadan gave reporters his assessment of a key House Republican offer last week: “Not going to happen.”

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Opinion

10% of Americans like Congress: Are they nuts?

Sen. Ted Cruz, R-Texas, center, accompanied by Sen. Marco Rubio, R-Fla., left, and Sen. Mike Lee, R-Utah, right, express their frustration after the Senate passed a bill to fund the government, but stripped it of the defund “Obamacare” language as crafted by House Republicans, Friday, Sept. 27, 2013, on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite) (CNN) — Our Congress sucks. This is truly one of the few things we agree on. In fact, a new CNN poll released earlier this week found that Congress has only a 10% approval rating. When you think that 10% of Americans believe Congress is doing a good job, you have to ask yourself one question: Who are these people?! (Imagine this asked with true Jerry Seinfeld-esque exasperation.)

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National

Government powers down; blame trading in capital

A National Park Service employee posts a sign reading “Because of the Federal Government SHUTDOWN All National Parks are Closed” on a barricade closing access to the Lincoln Memorial in Washington, Tuesday, Oct. 1, 2013. (AP Photo/Carolyn Kaster) by David Espo and Donna CassataAssociated Press Writers WASHINGTON (AP) — First slowed, then stalled by political gridlock, the vast machinery of government clanged into partial shutdown mode on Tuesday and President Barack Obama warned the longer it goes “the more families will be hurt.” Republicans said it was his fault, not theirs. Ominously, there were suggestions from leaders in both parties that the shutdown, heading for its second day, could last for weeks and grow to encompass a possible default by the Treasury if Congress fails to raise the nation’s debt ceiling. “This is now all together,” said Sen. Dick Durbin, D-Ill..