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U.S. stocks were down 4.8 percent,, and there were similar drops in foreign stocks, oil prices and the debt of financially troubled nations such as Spain and Italy.

The GOP is holding hostage the FFA reauthorization bill causing the furlough of 4,000 FAA employees and the halting of hundreds of airport construction projects.

President Obama signed the the compromise debt plan worked out between Congressional leaders and the White House. The Senate approved the plan 74-26. Democrats voting against the bill: Gillibrand (NY), Harkin (IA), Lautenberg... more

"If the Republicans would have had to hold the President hostage, I wish they would have held him hostage on the things my constituents wake up every morning thinking -- how can I get a job, how can I get back my dignity?"Rep.... more

Politics Sunday is a hard look at news from the past week and the upcoming week in the political world with commentary and insights into polling tends. Política El domingo es duro noticias mirar la semana pasada y la... more

?If the folks who one minute they're saying that I'm their ‘tea party hero' and what, three or four days later I'm a ‘tea party defector' – that kind of schizophrenia if it's going to primary him for supporting House Speaker... more

The U.S. House has passed its version of a bill to raise the debt ceiling. The final vote was 218 to 210. 22 Republicans voted against it, and no Democrats voted in favor of the plan. The Senate voted 59-41 to table, or discard, the House... more

Senate Majority Leader Harry Reid (D-NV) said that should the House pass Boehner's bill, the Senate will vote to table the measure this evening.

Republicans in both the House and Senate are still pushing for another vote on the balanced budget amendment, even though ?cut cap and balance,? already failed in the Senate" You're in fantasy-land, and you're doing your constituents a... more

The US Chamber of Commerce said it would hold a vote against Boehner's plan against lawmakers. ?This legislation is critical. Default on debt obligations is not an acceptable option,? wrote the Chamber's Bruce Josten in an alert... more
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