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John Fund: ObamaCare Keeps Falling in the Polls

10 hours ago ago from Wall Street Journal

The Senate's compromise bill on health care was announced on Wednesday to much fanfare. But there's not much there for moderate Democrats to write home about. It waters down a provision creating a "public option," but it also expands (to include people over 55) Medicare, a program already expected to go bankrupt in 2017. The Senate bill is so unwieldy that the health-care system it will create will almost certainly break apart and force us ...

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2009 was trying for Obama; Dems fret over 2010

12 hours ago ago from U.S. News

2009 was trying for Obama; Dems fret over 2010 WASHINGTON (AP) -- Even if President Barack Obama's lofty ratings were bound to recede, 2009 has been a politically bruising year for Democrats, who now approach 2010 with deep anxieties. They lost both governors' races and their party's activists are split over Afghanistan. Voters hold Democrats, as the party in power, accountable for high unemployment and soaring deficits. Obama and ...

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Mitchell Bard: Three Reasons to Be Happy About the Reported Deal by Senate Democrats on Health Care

10 hours ago ago from Huffington Post

According to reports yesterday, a group of 10 Democratic senators, five centrists and five progressives, has reached a deal to allow health care reform legislation to proceed . We don't know much about the compromise yet, as the senators aren't talking about it pending receiving cost estimates from the Congressional Budget Office. What seems to be the basic deal, though, is that the public option won't be a part of the legislation, but, ...

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Pelosi to propose raising national debt ceiling

13 hours ago ago from Washington Post - Politics

With the national debt projected to soar by nearly $1.4 trillion this year, congressional Democrats are planning a year-end push to dramatically increase the legal debt limit so they don't have to revisit the politically uncomfortable issue before facing voters in November. This Story House Speaker Nancy Pelosi (D-Calif.) said Thursday that she would include legislation to raise the debt ceiling in a must-pass defense ...

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Democrats Defend Bill To Rein In Wall Street

9 hours ago ago from The New York Times

WASHINGTON House Democrats defended their Wall Street regulatory overhaul on Thursday against sharp Republican criticism that it would perpetuate a bailout mentality, and they accused Republicans of aligning themselves with the financial institutions that caused the financial crisis . As the House worked through dozens of proposals to change the measure, Democrats said the sweeping legislation would better protect consumers in their ...

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