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‘Dump DeMarco’ housing activists ejected from House hearing
Housing activists staged a demonstration during a meeting of the House Committee on Housing Finance on Tuesday, disrupting testimony by Ed DeMarco, acting director of the Federal Housing Finance Agency. According to C-SPAN, the protesters were members of several advocacy groups, including City Life/Vida Urbana, New Bottom Line, NEW ROAD,…
Soledad tells House Financial Services chair he has ‘no leverage’ as he misstates election results
The newly-named chair of the House Financial Services committee defended Republican resistance to tax cuts on the middle class in part by misrepresenting this year’s presidential election results to CNN host Soledad O’Brien. “The President won 51-49. He’s got an electoral college victory,” said Rep. Jeb Hensarling (R-TX), both neglecting…
GOP super committee member: Tax increases ‘are a reality’
One Republican member of the Congressional “super committee” who has signed Grover Norquist’s anti-tax pledge says that tax increases “are a reality” as a part of any deal to reduce the nation’s budget deficit. Rep. Jeb Hensarling (R-TX) told CNN’s Candy Crowley Sunday that he still has hope that members…
Health consumers make deficit fight personal
WASHINGTON (Reuters) – The numbers are devastating: almost 2,000 poor kids in Texas with cancer, another 18,000 with diabetes and more than 350,000 suffering from chronic lung disease, heart disease or stroke. What sounds like a grim statistical report on poverty and disease is actually a lobbying message from Medicaid…
Wall Street firms donated $11.2 million to members of debt ‘super committee’
The bipartisan “super committee” created by the debt ceiling deal is comprised of lawmakers who have received big bucks from special interest groups, according to a report by MapLight. The committee is tasked with finding at least $1.2 trillion in deficit cuts over ten years. In total, the twelve members…
U.S. Republicans name anti-taxers to debt panel
President Barack Obama’s Republican foes in the US Congress on Wednesday named tax foes and a “Tea Party” ally to a new “supercommittee” where the next round of bitter US debt battles will play out. Republican House Speaker John Boehner and Republican Senate Minority Leader Mitch McConnell’s choices — like…
Report: Michele Bachmann to run for GOP leadership position
The tea party made historic gains in Tuesday’s midterm elections and if one Minnesota Republican has her way, the movement may be in line for a high ranking leadership position. A report at Andrew Breitbart’s BigGovernment website indicates that Rep. Michele Bachmann (R-MN) will enter the race for Republican Conference…
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