The co-chairs of the Supercommittee made it official, minutes ago: They said they have failed to reach an agreement over a deficit reduction package.
The AP reports:
"Democratic Sen. Patty Murray and Republican Rep. Jeb Hensarling say that despite 'intense deliberations' the members of the panel have been unable 'to bridge the committee's significant differences.'
For the not-so-super debt reduction supercommittee, failure is clearly an option.
As the blame-gaming bipartisan congressional committee stumbled toward collapse Monday, washing out on even the most basic show of common purpose, the "what happens next" scenarios began to take shape.
A power struggle between Iranian President Mahmoud Ahmadinejad (right) and the country's supreme leader, Ayatollah Ali Khamenei (left, in portrait) is growing. There are signs that Khamenei may want to eliminate the presidency and replace it with the less powerful position of prime minister.
The next presidential election in Iran is scheduled for 2013, but doubts are emerging about whether it will actually take place.
A conservative member of Iran's parliament recently claimed that a secret committee convened by Iran's supreme leader, Ayatollah Ali Khamenei, has been working on a plan to do away with the office of the presidency.
Meanwhile, the conflict between the supreme leader and President Mahmoud Ahmadinejad continues to sharpen.
With Thanksgiving hard upon us, now is a good time to think about our past. History writers can tell the best stories from centuries of human achievement and folly, yet too often they produce recitations of one damned thing after another. A few, though, combine a respect for accuracy with a deep understanding of the longings, fears and triumphs of the people of our past. Such books make magic.
U.S. President Barack Obama delivered remarks before signing legislation that will provide business tax credits to help put veterans back to work on Monday.
Originally published on Mon November 21, 2011 3:03 pm
President Obama has kept his distance from the supercommittee. Unlike the budget battles earlier this year, there were no bargaining sessions at the White House. No presidential motorcades to Capitol Hill.
Paper savings bonds used to be a wholesome part of American culture. You bought them when your kids were born, to save for college. You bought them to save for a home.
But starting next month, they'll be a lot harder to get. Banks will stop selling paper savings bonds on January 1, 2012.
Rep. Kevin McCarthy, the No. 3 Republican in the U.S. House of Representatives, has a very clear record on the Affordable Care Act. He has repeatedly called for its defeat and was one of the co-sponsors of the January repeal measure that easily passed the House but died in the Senate.
Magazines, documentaries and art are usually meant to be preserved to live on in time. But a group in San Francisco has decided that art, if ephemeral, may be appreciated in a different way.
The group created Pop-Up Magazine, a live magazine that happens once onstage, in one place — and it's not recorded.
Editor Douglas McGray says the idea came from trying to get different kinds of artists in the same room.
Originally published on Wed August 1, 2012 8:56 am
When he walked down a line of seated Occupy protesters Friday at the University of California Davis and shot pepper spray directly at them, campus police Lt. John Pike likely never thought that video of the incident would go viral on the Web, that there would be outrage not only at the school but around the nation, or that "casually pepper spraying cop" would quickly become one of the year's top memes.