August 2, 2011 - 6:54pm
"Never again will any president from either party be allowed to raise the debt ceiling without being held accountable for it by the American people"
The U.S. Senate today, with a bipartisan 74-26 vote, passed the $2 trillion-plus debt extension and sent it to the White House, where President Obama signed it, with a promise to cut about $1 trillion in future spending and set up a process to cut more than $1 trillion more.  Out in the White...
August 1, 2011 - 5:56pm
"This plan does not solve our problem. Not even close. I cannot abide the destruction of our economy, therefore I vigorously oppose this deal and I urge my colleagues and the American people to do the same."
Kentucky’s junior senator, Republican Rand Paul, announced today that he would not be voting in favor of the debt ceiling compromise pending in the Senate.  In an “open letter,” sent to the press and posted on his web page, he characterized the proposal with a paraphrased...