Watch Congressman Pete Stark blow up when Jan Helfeld asks him why Stark believes, "the more we owe, the wealthier we are."
At the end of the interview he pulled the plug on the camera and the Congressman got in my face and said:
NOW PLAYING: For the first time in history, Congress is dominated by a majority of millionaires who are, on average, 14 times wealthier than the average American. As such, these so-called representatives neither represent the American people nor serv
Colorado's legal marijuana market is far exceeding tax expectations, according to a budget proposal released Wednesday by Gov. John Hickenlooper that gives the first official estimate of how much the state expects to make from pot taxes.
To continue counterterrorism operations abroad after the imminent exit of American troops from Afghanistan, the United States is reportedly pursuing plans to put US drones inside air bases in Central Asia.
Over the past several years, it has become a something of a tradition for the Congress and President to claim that the federal government will not be able to pay its bills unless the debt ceiling is raised. In fact, the debt ceiling has been increase
At first we thought Reuters had been punk'd in its article titled "EU executive sees personal savings used to plug long-term financing gap" which disclosed the latest leaked proposal by the European Commission, but after several hours without a
The Senate narrowly voted to advance — and, eventually, pass — the House of Representatives-passed debt-ceiling increase, after Democrats spent a long time on the floor trying to wrangle more Republican votes.
House Republicans said Tuesday they will introduce a measure this week to extend US borrowing authority with no conditions attached, marking a clear victory for President Barack Obama.
Sen. Rand Paul expresses his support for Mark Levin's The Liberty Amendments, as well as an Article V Amendments Convention for the purpose of a Balanced Budget Amendment and Congressional term limits.
The federal government pays for a $15 million 'wool trust fund,' runs a $170 million program to protect catfish growers from overseas competition, sets aside $3 million to promote Christmas trees, funds another $2 million to help farmers sell
In November, the U.S. Postal Service reported it had a $5 billion loss for Fiscal Year 2013, its seventh consecutive year with loss. At the time, Postmaster General Patrick Donahoe blamed Congress for the loss, citing an “inflexible business model.”
The German central bank raised the idea of an emergency “capital levy” which would have to be a one-off “imposed in conditions of extraordinary national crisis”, in order to limit negative consequences for investment, and potential capital outflows.
Senator Ted Cruz (R-TX) appeared on CBS Face the Nation on Sunday morning and was met with a barrage of questions from host Bob Schieffer about his involvement in the government shutdown.
It’s not too difficult to understand that we are well on our way to a paradigm shift in America; in fact we’re in the midst of it right now. The writing is on the wall and can no longer be ignored.
The U.S. is likely to exhaust its borrowing authority on the earlier side of what Treasury Secretary Jack Lew had estimated, he said in a letter to Congressional leaders on Wednesday.
The theme of this year's Davos meeting where the world's wealthiest and most powerful people meet to enjoy each other's company, a fawning media, and of course the best food and entertainment that money can buy,..
With a government intent on growing its entitlements, welfare state, and implicitly it’s debt load… what could be more terrifying than the future debt-serfs refusing to be born into existence.
It’s not too difficult to understand that we are well on our way to a paradigm shift in America; in fact we’re in the midst of it right now. The writing is on the wall and can no longer be ignored.
• nytimes, By Wilson Andrews and Alicia Parlapiano
The House and Senate last week passed a hefty spending bill that included $1.1 trillion in discretionary spending for 2014 and provided funds for some mandatory programs (though the bill does not control the levels of that spending).
On Capitol Hill, CNSNews.com asked Rep. Blumenauer: “The omnibus bill yesterday, it was 1,582 pages, did you have a chance to read all the pages before voting on it?” Blumenauer laughed and said: “Nobody did!” “Nobody did?” asked the