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Reid: Keystone ‘won’t lower the price of oil’

Senate Majority Leader Harry Reid (D-NV) says that Republican claims that the Keystone XL pipeline will create tens of thousands of jobs and lower the price of oil just aren’t true. “This is something Republicans have raised as an issue to lower the price of oil,” Reid told CNN’s Candy…

Congress reaches deal to fund FAA

Republican and Democratic leaders in the US Congress reached a deal for the long-term funding of the Federal Aviation Administration, Senate majority leader Harry Reid said in a statement. “I am pleased that we were able to resolve the major obstacles to an agreement in a manner that protects American…

Internet wins: Votes on PIPA/SOPA indefinitely postponed

After vowing to move forward with votes on controversial anti-piracy legislation, Senate Majority Leader Harry Reid (D-NV) and House Judiciary Chairman Lamar Smith (R-TX) both announced Friday that the Protect Intellectual Property Act (PIPA) and the Stop Online Piracy Act (SOPA)  had been postponed indefinitely. “There is no reason that…

Reid: ‘The tea party is dying out’

Senate Majority Leader Harry Reid (D-NV) appeared on Meet The Press Sunday morning, expressing his belief that the tea party’s influence is diminishing. Reid talked about his frustration again with Republicans in Congress, citing last month’s payroll tax debate as a potential turning point for improved relations. “I would hope…

Sen. Reid set to offer compromise to extend payroll tax cut

WASHINGTON (Reuters) – Senate Majority Leader Harry Reid will offer a compromise on Monday to extend a popular payroll tax cut, a fellow Democrat said on Sunday. Appearing on the “Fox News Sunday” program, Senator Kent Conrad said Reid’s proposal would cover the cost of extending the tax cut, set…

Wall Street fears U.S. debt crisis as Europe reels

Even as Europe’s debt crisis spirals out of control, Wall Street is casting an eye on a fast-approaching congressional deadline that could spark a debt crisis this side of the Atlantic. US investors — for weeks preoccupied with the tumult raging in Greece and the broader eurozone — are starting…

Obama bus tour rallies U.S. anger for jobs bill battle

US President Barack Obama was bound for crucial swing state Virginia on Tuesday on a campaign-style bus tour aimed at rallying public discontent against his Republican rivals. The three-day tour through North Carolina and Virginia — states Obama narrowly won in 2008 — marks his latest effort to generate support for a $447 billion…

Obama allies push ahead with jobs package

WASHINGTON — President Barack Obama’s Democratic allies in the US Senate pressed ahead Monday with plans to vote on a piece of his stalled jobs plan this week, in the face of stiff resistance from Republicans. “We cannot wait to create jobs. That is why I will bring this bill…

Obama touts jobs bill as new maneuvering looms

President Barack Obama heads to electoral battlegrounds to tout hisjobs bill Tuesday, as his campaign brain trust argues voters are warming to the plan, despite its doubtful prospects in Congress. Obama will hold events in the key electoral state of Pennsylvania, a must-win for him in 2012, and in vital swing state…

Dems carve notch in Senate’s filibuster rules

An arcane filibuster tactic has been eliminated from the U.S. Senate, after a vote to change the rules called by Senate Majority Leader Harry Reid (D-NV) succeeded last night. It all started as a relatively minor, even common dispute between Reid and Senate Minority Leader Mitch McConnell (R-KY). McConnell had…

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