Retired U.S. Army General Colin Powell, who served as chairman of the joint chiefs of staff for one President Bush and secretary of state for another, somewhat famously said during the 2008 election that he was casting his vote for...
Read more »Powell: ‘Not Prepared’ About Obama
Cuomo: Divide Over Minimum Wage Wider Than Same-Sex Marriage
Same-sex marriage is easy, it appears, compared with raising the minimum wage. New York Governor Andrew Cuomo said today that the philosophical divide between Republicans and Democrats over raising the minimum wage is wider than it was for same-sex marriage. Last year, Cuomo convinced...
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Photograph by Chris Maddaloni/CQ-Roll Call/Getty Images
Mitt Romney campaign buttons in Chantilly, Virginia.
Democrats ‘Cherry-Picking’ Bain?
The response to President Obama’s contention that Mitt Romney doesn’t understand what the president’s job is all about came from another corner today. John Sununu, former governor of New Hampshire and a prominent Romney surrogate, fielded the subject in a...
Read more »Crossroads GPS on Air with $10 Million Ad Buy
Crossroads GPS, an independent group that supports Republican Mitt Romney, is spending $9.7 million on ads attacking President Obama’s record on jobs. The ads will run in Colorado, Florida, Iowa, Michigan, North Carolina, New Hampshire, Nevada, Ohio, Pennsylvania and Virginia, all potentially competitive...
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Photograph by Joe Raedle/Getty Images
Fears of $5 per gallon gasoline are being heard as summer approaches and some feel that would hurt the economy just as an economic recovery appears to be getting traction.
The Drop in Gas Prices People Still Don’t See
Oil prices have dropped 16 percent from their high this year, and yet fuel economy is still the No. 1 thing people say they’re weighing when they buy a car. It’s one more way American consumers, with their love of...
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Photograph by Joe Raedle/Getty Images
Republican presidential candidates during a debate on Jan. 16, 2012 in Myrtle Beach, South Carolina.
Obama Allies Attack Romney’s Business Background by Quoting Republicans
Priorities USA Action, the super-PAC run by allies of President Obama, is up with a new web video attacking presumptive Republican presidential nominee Mitt Romney’s record at Bain Capital LLC, the private equity firm he co-founded. Even as Obama supporters such as Newark...
Read more »Booker ‘Can’t Stand No More’
Cory Booker, mayor of Newark, has taken a turn in the national spin cycle of select sound bites. And he says he has had all he can stand. What put him over the edge? The Republican National Committee’s Web-site with...
Read more »Washington Daybook: Show Me The Money
JPMorgan Chase & Co.’s $2 billion-and-counting loss from derivatives trading will be probed by both a Senate committee and a Treasury panel today. CFTC Chairman Gary Gensler and SEC Chairman Mary Schapiro will testify before the Senate Banking Committee on...
Read more »A Faster Lane for Trucks?
Sitting in traffic is expensive. An estimated $100 billion a year goes down the U.S. economy’s drain as a result of congestion, says the Texas Transportation Institute. Trucking companies pay about a quarter of that, and now Congress is toying...
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Photograph by David Paul Morris/Bloomberg
Construction on the new Transbay Terminal in San Francisco.
Munis May Be Target of Democrats and Republicans, Friedlander Says
Everybody’s got it in for muni bonds, said George Friedlander, senior municipal strategist at Citigroup Inc. The $3.7 trillion municipal market may be a target of both Democrats and Republicans within the next year, Friedlander said at a Bond Buyer conference in...
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