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…
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…
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…
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…
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…
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…
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…
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…
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…
Republican US House Speaker John Boehner on Tuesday warned against passing “dangerous” legislation to punish China for its alleged currency manipulation, dealing a damaging blow to the bill’s prospects. “It’s pretty dangerous to be moving legislation through the United States Congress forcing someone to deal with the value of their currency,” Boehner…