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Obama Says He Wants Oil Producers to Boost Output

WASHINGTON -- As the high cost of gasoline takes a toll on politics and pocket books, President Barack Obama said Tuesday he is calling on major oil producers such as Saudi Arabia to increase their oil supplies to help stabilize prices, warning starkly that lack of relief would harm the global economy. "We are in a lot of...

Boehner Open to Repealing Oil Company Tax Breaks

WASHINGTON -- House Speaker John Boehner said Monday that Congress should "take a look at" repealing the multibillion-dollar tax subsidies enjoyed by the major oil companies. The Ohio Republican told "ABC World News" that the government is low on revenues and that oil companies "ought to be paying their fair share." A...

Past House GOP Tactic Proves Useless to Democrats

WASHINGTON -- A year ago, when Republicans were in the minority on Capitol Hill, they drove Democrats crazy by using an obscure parliamentary maneuver to change, delay and even kill Democratic priorities. Now that Republicans are running the House, Democrats have tried to stymie the GOP agenda by relying on the tactic,...

US Default on Debt Could Be Disastrous Choice for Economy

WASHINGTON - The United States has never defaulted on its debt and Democrats and Republicans say they don't want it to happen now. But with partisan acrimony running at fever pitch, and Democrats and Republicans so far apart on how to tame the deficit, the unthinkable is suddenly being pondered. The government now borrows...

Gunmen Kill Iraqi Family of 4 in Baghdad Home

BAGHDAD -- Gunmen stormed the home of a Shiite family living in a mostly Sunni neighborhood of Baghdad and killed all four family members, police said Sunday. Two policemen said a 16-year-old boy and 14-year-old girl were shot to death with their parents in the raid, which took place around 11 p.m. Saturday. A Baghdad...

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THE HUFFINGTON POST

John Boehner Trumps Nancy Pelosi By Raising $70 Million As House Speaker

House Speaker John Boehner (R-Ohio) has raised more than $70 million for Republicans since winning the Speaker's gavel, easily topping his fundraising haul for the previous two years in the minority.

THE HUFFINGTON POST

Mary Landrieu: Republicans Privately Support Revenue Hikes In Debt Ceiling Deal

Republicans may publicly trash the idea of including new revenues in a deal to raise the U.S. debt ceiling, but they say otherwise in private, Sen. Mary Landrieu (D-La.) said Monday.

AOL MONEY & FINANCE

Party leaders refuse to budge on debt positions

WASHINGTON -Republicans and Democrats aren't budging when it comes to their already hardened positions on spending cuts versus tax increases to deal with the nation's debt.

THE HUFFINGTON POST

Nancy Pelosi: Speaker John Boehner 'Wants To Go Over The Edge'

Democratic Leader Nancy Pelosi (D-Calif.) accused House Speaker John Boehner on Sunday of "want[ing] to go over the edge" when it comes to negotiations to keep the government from defaulting on its debts.

THE HUFFINGTON POST - BUSINESS

Boehner Goes After Eduardo Saverin, Backs Bill Banning Him From U.S.

Eduardo Saverin's decision to renounce his United States citizenship in order to avoid paying taxes on his Facebook stock was "absolutely outrageous," House Speaker John Boehner (R-Ohio) told ABC's George Stephanopolous on "This Week." Boehner said that his move was "already against the law," likely referring to...

john boehner News From the Web

05/28/12 Debt-Ceiling Deja Vu Could Sink Economy Source: Bloomberg.com Yet the biggest threat to the emerging U.S. economic recovery may be Congress.
05/24/12 Pelosi Breaks Rank, Advocates Bush Era Tax Cuts Source: Newsmax.com House Minority Leader Nancy Pelosi has broken with President Barack Obama and called for extending the Bush tax cuts to those making $1 million or less.
05/24/12 "Fiscal cliff" could knock 6.5% off America's Q1 and... Source: New Statesman The American Congressional Budget Office (the inspiration for our own Office of Budget Responsibility) has released a report warning that the impact of the upcoming "fiscal cliff" would be to wipe 4 per cent from GDP growth for 2013.
05/24/12 Wrong fight to have now Source: The Daily Herald - Everett WA That Congress is locked in a state of dysfunction is not news.
05/23/12 Groups to protest outside Herrera Beutler campaign... Source: The Columbian - Vancouver WA MoveOn.org and Occupy Vancouver are planning a peaceful demonstration on Friday outside of U.S. Rep. Jaime Herrera Beutler's closed-door campaign kickoff fundraiser, which will feature U.S. House Speaker John Boehner as a guest.