US Finance

Balanced Budget Amendment Facing Hurdles


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The House of Representatives, led by a majority of Republicans, voted 234-192 today to extend the payroll tax cut and speed the process for government approval of the controversial Keystone XL oil pipeline.

However, approval by the Senate appeared unlikely given strong opposition from the Democratic majority.

President Obama has said he would veto the measure, which attaches pipeline approval to the payroll tax cut, setting up further brinkmanship before Congress’ holiday recess begins at the end of the week.

Congress had been debating the payroll tax cut extension and a spending bill that must pass in order to keep the government funded after Friday and avoid a shutdown. [QUOTE: CNN]

Grover Norquist Lies to the American People While Suffering from the Delusion He Represents Us


Grover Norquist, head of Americans for Tax Reform (ATR), appeared on Meet the Press (NBC) yesterday and was questioned by the host, David Gregory. He cowardly refused to admit the power he holds over Republicans in both houses of Congress–which is essentially a lie–and he voiced his delusions of what he thinks the American people want and do not want. More lies.  When David Gregory told Norquist that 53% of Republicans support raising taxes on the rich, Grover could offer no rejoinder. As he always does, he spouts mumbo-jumbo which is in effect meaningless. Also, he refuses to acknowledge his role in the failure of the so-called Super Committee the other day.

Grover Glenn Norquist is a right-wing, Republican lobbyist allied with similar-minded lobbyists and powerful industries, for example, tobacco.  Take a few minutes and have your eyes opened by this exposé of Norquist and Americans for Tax Reform. Grover appears on television like he is a player with clean hands as he lies to us about his motives and who he truly represents.  He never explains what goes on beyond his tax pledges. How they are enforced?  Why they are so feared? How does he take down legislators who defy “the pledge?”  My US representative and two US senators refuse to answer my inquiries about their signed and witnessed career-long pledges of  allegiance to Grover Norquist which is stronger than their allegiance to the welfare of the voters of our state.  Grover you are not the innocuous do-gooder you put yourself out to be! God deliver us from Grover Norquist!

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President Obama Announces US Focus on the Asian Economy


19 November 2011 Last updated at 23:21 ET Help

US officials have praised China‘s attitude on South China Sea territorial disputes after talks between President Obama and the Chinese Prime Minister Wen Jiabao.

The two men met on the sidelines of an East Asia summit in Indonesia.

This week saw the US announcing a strategic pivot in foreign policy – making Asia its focus for the future.

The BBC’s Karishma Vaswani reports from the summit in Bali.

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What Really Goes On in Congress (image)


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