Harry Reid: 'We'll Raise' Debt Ceiling by $2.4 Trillion
On Thursday, Senate Majority Leader Harry Reid said Democrats were more than willing to raise the debt ceiling by another $2.4 trillion when America hits its current ceiling at the end of the year.
When asked what Democrats would do when America inevitably hits its debt ceiling, Reid told reporters, "If it has to be raised, we'll raise it."The Treasury Department has noted America will hit its current $16.394 trillion debt ceiling by the end of the year, but Reid said he thought that would not happen until 2013.
“I think the debt ceiling will come after the first of the year,” Reid said.
Condi: Republicans Need a 'Bigger Tent'
According to former Secretary of State Condoleezza Rice, Republicans lost their 2012 race against President Obama because they sent “mixed messages.” In an interview with CBS This Morning, Rice stated, “It was still a close election in the popular vote,” but Republicans require a “bigger tent.” She said that certain Republican policies remain highly popular, including fiscal responsibility and strong national defense, she did say that Republicans “are losing important segments of the electorate.”
Following the lead of commentators like Charles Krauthammer and politicians like House Speaker John Boehner (R-OH), “on the immigration issue … and probably some issues about women too, some mixed messages were sent. And when you send mixed messages through the narrow funnel that is the media funnel, sometimes people only hear one side of that message.”
**EXCLUSIVE** Senate Minority Leader: No Tax Hikes
With conservatives across the country concerned about a rumored Republican cave-in in Washington, D.C. over tax policy, Senate Minority Leader Mitch McConnell (R-KY) is speaking out. Read his lips: no tax hikes.
McConnell said in an exclusive statement to Breitbart News:
One issue I’ve never been conflicted about
is taxes. I wasn’t sent to Washington to raise anybody’s taxes to pay
for more wasteful spending and this election doesn’t change my
principles. This election was a disappointment, without doubt, but let’s
be clear about something: the House is still run by Republicans, and
Republicans still maintain a robust minority in the Senate. I know some
people out there think Tuesday’s results mean Republicans in Washington
are now going to roll over and agree to Democrat demands that we hike
tax rates before the end of the year. I’m here to tell them there is no
truth to that notion whatsoever.
The media has already taken House Speaker John Boehner out of context to claim that he is willing to cave on raising tax rates. In point of fact, Boehner has spoken about closing tax loopholes while lowering tax rates as part of a balanced approach to spending to avoid the much-dreaded fiscal cliff. Both House and Senate Republicans are united in their opposition to tax hikes.
Obama: No Deal Without Tax Hikes
The lines are now set for the battle over the fiscal cliff. The fiscal cliff, which is a combination of expiring lower tax rates and automatic cuts to government spending, largely focused on the military, is set to cripple our economy come January 2013.
Petraeus on Benghazi: It Wasn't Me
Central Intelligence Agency director David Petraeus has emphatically denied that he or anyone else at the CIA refused assistance to the former Navy SEALs who requested it three times as terrorists attacked the U.S. consulate in Benghazi on the night of Sep. 11. The Weekly Standard and ABC News report that Petraeus's denial effectively implicates President Barack Obama, since a refusal to assist "would have been a presidential decision."
CIA Director Petraeus Resigns Over 'Affair'
by
Ben Shapiro
Just two days after President Obama’s re-election, General David Petraeus, the CIA Director, has resigned from the administration over an extramarital affair. Petraeus was slated to testify before Congress next week on the murder of four Americans, including Ambassador Chris Stevens, in Benghazi, Libya. Bret Baier of Fox News just tweeted, "With Petraeus’ resignation effective immediately, he will not testify next week & lawmakers are said to be 'stunned' by the announcement."
Obama Got Big Share of Cuban American Vote in Florida
Marc Caputo
President Obama nearly won the solidly Republican Cuban-American
vote in Florida and rolled up huge margins with every other Hispanic
group in the state, according to an exit poll performed by a firm that
also worked for his campaign.
Obama actually won Cuban-Americans who voted on Election Day itself, taking 53 percent of their vote compared to 47 percent for Republican Mitt Romney, who built up a lead among those who cast absentee and early in-person ballots, according to the survey of 4,866 voters conducted by Bendixen & Amandi International.
Obama actually won Cuban-Americans who voted on Election Day itself, taking 53 percent of their vote compared to 47 percent for Republican Mitt Romney, who built up a lead among those who cast absentee and early in-person ballots, according to the survey of 4,866 voters conducted by Bendixen & Amandi International.
G.P. Bush Raises Cash for Hispanic GOP
Elizabeth Findell
Bush -- the son of former Florida Gov. Jeb Bush, grandson of former President George H.W. Bush and nephew of former President George W. Bush -- toured classrooms and recreation areas at the club Monday, getting information on its programs and challenges.
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