Political Capital

Daily Archives: January 1, 2013

House Majority Leader Eric Cantor and Speaker of the House John Boehner walk to a meeting of the House Republican Caucus to discuss the Senate's legislation that is supposed to blunt the effects of the "fiscal cliff" during a rare New Year's Day session  Jan. 1, 2013 in Washington.

Photograph by Chip Somodevilla/Getty Images

House Majority Leader Eric Cantor and Speaker of the House John Boehner walk to a meeting of the House Republican Caucus to discuss the Senate's legislation that is supposed to blunt the effects of the "fiscal cliff" during a rare New Year's Day session Jan. 1, 2013 in Washington.

Republican Opposition to Tax Deal Yielding to Late-Night House Vote

Updated at 9 pm EST The word from the House’s Republicans today carried three messages: – The Senate-passed tax bill negotiated by the White House and the Senate’s Republican leader wouldn’t fly in its current form. – It’d probably return...

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Dairy cows stand in the milking parlor at a farm in Illinois.

Photograph by Daniel Acker/Bloomberg

Dairy cows stand in the milking parlor at a farm in Illinois.

Milk Producers: Congress Still Pushing Farmers Over Cliff

The National Milk Producers Federation isn’t very happy about the nine-month extension of current farm policy included in the Senate-passed version of the budget deal, calling it “a devastating blow to the nation’s dairy farmers.” “After months of inaction, the...

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House Minority Leader Nancy Pelosi of Calif., right, on Capitol Hill in Washington, Jan. 1, 2013, to a Democratic caucus meeting with Vice President Joe Biden.

Photograph by Jacquelyn Martin/AP Photo

House Minority Leader Nancy Pelosi of Calif., right, on Capitol Hill in Washington, Jan. 1, 2013, to a Democratic caucus meeting with Vice President Joe Biden.

House Cliff Vote: 3-1 and Counting — Most Democrats Ready to Go

Updated at 12:50 pm EST It could be a long afternoon. About 150 Democrats will support the Senate-passed fiscal cliff bill, assuming “we’ll have enough Republicans to pass this thing,” Rep. Norm Dicks, a Washington Democrat says. Rep. Debbie Wasserman...

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President Barack Obama and Vice President Joseph Biden depart after speaking in the Brady Press Briefing Room at the White House in Washington on Jan. 1, 2013.

Photograph by Brendan Hoffman/Pool via Bloomberg

President Barack Obama and Vice President Joseph Biden depart after speaking in the Brady Press Briefing Room at the White House in Washington on Jan. 1, 2013.

Biden-McConnell: Remembering Compromise

“Simply put, they remember a day when politicians compromised.” That’s Jared Bernstein, the vice president’s former chief economist, talking about Joe Biden and his dance partner on the fiscal cliff deal, Senate Republican Leader Mitch McConnell. Bloomberg’s Margaret Talev and...

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House Speaker John Boehner, a Republican from Ohio, right, walks out of a House Republican caucus meeting at the Capitol on Jan. 1, 2013.

Photograph by Andrew Harrer/Bloomberg

House Speaker John Boehner, a Republican from Ohio, right, walks out of a House Republican caucus meeting at the Capitol on Jan. 1, 2013.

Boehner’s View from Bottom of Cliff

Updated at 10:50 and 11:10 am EST In the end, it’s on John Boehner. The speaker of the Republican-run House couldn’t convince his own party to accept his own alternative to the year-end tax increases which now have technically taken...

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