Archive for the ‘ U.S. Senate ’ Category

By Amanda Becker
Roll Call Staff
May 10, 2012, 6:23 p.m.

Sen. Dianne Feinstein’s re-election campaign can’t approach donors who already contributed the maximum amount permitted by law in order to replace roughly $4.5 million that was siphoned from its accounts in an embezzlement scheme — at least for the time being.

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The PE: RIVERSIDE: Obama nominates Jesus Bernal to federal bench

RICHARD K. De ATLEY, STAFF WRITER
rdeatley@pe.com

Published: 25 April 2012 05:56 PM

President Obama has nominated Jesus Bernal, who heads the Inland-area public defender’s office in Riverside, as a judge for the vacant federal court bench in Riverside, Sen. Barbara Boxer’s office announced Wednesday.

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InlandPolitics: An interesting Los Angeles Times op-ed

Former Alaska Sen. Ted Stevens is shown arriving at federal court in Washington on April 7, 2009. (Gerald Herbert / AP Photo / March 19, 2012)

 

Op-Ed
Ted Stevens and the department of injustice

An inquiry tells the story of government lawyers who failed to live up to their professional responsibilities and thus failed to give the former Alaska senator a fair trial.

By Michael Carey
March 19, 2012

As his trial on corruption charges approached in the fall of 2008, Ted Stevens railed to me in an email: “What did I do, Michael? What did I do?” The wounded rage smoldering in that rhetorical question to a reporter reflected his belief that he had done nothing wrong. He continued to insist on his innocence after a Washington, D.C., jury found him guilty of lying on financial disclosure forms.

Stevens’ conviction was dismissed in 2009 after the Justice Department’s admission that government lawyers failed to turn over evidence the Stevens defense should have received. U.S. District Court Judge Emmet Sullivan, who presided over Stevens’ trial, soon authorized an investigation of the prosecutors’ conduct, a move as rare as the trial of a U.S. senator.

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The PE: MILITARY: Congress, Pentagon divided over proposed base closures

BY BEN GOAD
WASHINGTON BUREAU
bgoad@pe.com

Published: 21 March 2012 06:10 PM

WASHINGTON — As Congress and the Pentagon clashed Wednesday over whether to go forward with proposed base closures next year, a top Air Force official said it’s too soon to tell if — or how — any cuts would be felt at Inland Southern California’s military installations.

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The PE: POLITICAL EMPIRE: Feinstein to Brown: ‘I was here first’

THE PRESS-ENTERPRISE

Published: 26 February 2012 07:45 PM

Sen. Dianne Feinstein had a few words for Gov. Jerry Brown when she visited the Inland area last week.

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SacBee: Dan Walters: California Republican Party is an endangered species

Dan Walters

Capitol and California – Dan Walters
Published: Friday, Feb. 24, 2012 – 12:00 am | Page 3A

Were California Republicans a biological genus rather than a political one, they could demand special protection under laws protecting endangered species like the kangaroo rat, to wit:

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SacBee: Dan Walters: Is a part-time California Legislature the cure?

Dan Walters

By Dan Walters
dwalters@sacbee.com
Published: Sunday, Feb. 12, 2012 – 12:00 am | Page 3A
Last Modified: Sunday, Feb. 12, 2012 – 9:41 am

Shannon Grove, a Republican assemblywoman from Bakersfield, is sponsoring an embryonic ballot measure to return the Legislature to a part-time body, which it was before 1966.

It’s one of dozens of proposals for the November ballot and, like most, faces an uphill struggle to qualify and win. But it could resonate with voters because of chronic dysfunction on the budget, water and other issues, and lawmakers’ very low stature in polls.

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The PE: POLITICAL EMPIRE: “Lady Liberty” crashes the party

Assemblyman Paul Cook, R-Yucca Valley/The Press-Enterprise

THE PRESS-ENTERPRISE
Published: 22 January 2012 07:52 PM

Workin’ It

When Sen. Barbara Boxer, D-Calif. visited Riverside last week, a lot of the discussion was about the jobs created by goods movement and related construction projects such as the Magnolia Avenue underpass.

Add Laurence Parker to the job-creation list. Parker, waving an American flag and dressed as the Statue of Liberty, crashed Boxer’s presser to get a little attention for Liberty Tax Service, which has an office on Magnolia just north of the underpass. Usually he just stands in front of the office to draw the attention of drivers, much like a sign-spinner.

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The PE: RIVERSIDE: Boxer touts Magnolia underpass as priority project

U.S. Senator Barbara Boxer

BY DUG BEGLEY
STAFF WRITER
dbegley@pe.com

Published: 18 January 2012 06:35 PM

Riverside’s Magnolia Avenue underpass served as the backdrop Wednesday for a push by Sen. Barbara Boxer to encourage more federal investment in local projects that create jobs, ease traffic and get trucks and trains to their destinations quicker.

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SacBee: McCarthy floats David Dreier as possible Feinstein challenger

U.S. Rep. David Dreier

Capitol Alert
The latest on California politics and government
January 9, 2012

With less than six months to go until the June primary, viable Republican challengers to Democratic Sen. Dianne Feinstein aren’t exactly rushing to file nomination papers.

Rep. Kevin McCarthy, the No. 3 ranking House Republican, suggested Monday that fellow House Republican David Dreier could be a formidable challenger.

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The PE: CONGRESS: Lawmakers to look local in election year

Lawmakers will take on legislation sure to please most constituents and unlikely to alienate many at election time

BY BEN GOAD
WASHINGTON BUREAU
ben.goad@yahoo.com

Published: 08 January 2012 08:26 PM

WASHINGTON — Entering a contentious 2012 election season, Congress isn’t expected to tackle many of the nation’s most divisive issues.

Inland lawmakers hope to take advantage of the void left by shelved debates over immigration reform, health care, climate change and other battles by pressing forward with less controversial legislation focused on improving the region.

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InlandPolitics: From a reader: Wal-Mart vs. The Morons

Sunday, December 18, 2011 – 12:01 p.m.

Americans spend $36,000,000 at Wal-Mart Every hour of every day.

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The PE: CONGRESS: Tax cut extension plans split Inland delegation

Rep. Ken Calvert, R-Corona./The Press-Enterprise

The region’s politicians in Washington are split along partisan lines about how to extend tax cuts and jobless aid
BY BEN GOAD
WASHINGTON BUREAU

bgoad@pe.com

Published: 13 December 2011 08:28 PM

WASHINGTON — As the debate over extending a soon-to-expire payroll tax cut and benefits for the unemployed nears a crescendo in Congress, few corners of the nation have more at stake than does economically battered Inland Southern California.

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The PE: CONGRESS: How Inland representatives voted

ROLL CALL REPORT SYNDICATE
Published: 03 December 2011 05:25 PM

Here is how area members of Congress voted on major issues in the week ending Dec. 2.

HOUSE

RULES FOR UNION ELECTIONS: Voting 235 for and 188 against, the House on Nov. 30 passed a Republican bill (HR 3094) to block a proposed National Labor Relations Board (NLRB) rule to quicken the pace of union elections. Now before the Senate, the bill targets a labor-relations rule that could take effect by year’s end. Under the rule, elections on whether to form into a collective-bargaining unit could be held as soon as 10 days after the NLRB certifies the election petition. The bill would require a wait of at least 35 days to give employers more time to attempt to persuade workers to reject unionization, and it would give employers more say in determining which workers are eligible for the bargaining unit.

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SacBee: Field Poll: 84 percent of Californians disapprove of Congress’ work

By Michael Doyle
mdoyle@mcclatchydc.com
Published: Friday, Dec. 2, 2011 – 12:00 am | Page 3A

Californians remain poisonously skeptical about Congress, and many blame both parties for the latest budget-cutting failure on Capitol Hill, a statewide poll shows.

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The PE: POLITICAL NOTEBOOK: Issa tops congressional wealth list

Issa

FROM STAFF REPORTS
Published: 27 November 2011 07:24 PM

Once again, Inland Rep. Darrell Issa has been placed atop a list of the richest members of Congress.

Issa, R-Vista, whose invention of the Viper car alarm helped him amass a fortune, is worth at least $195 million and possibly more than $700 million, according to a report released this month by the Center for Responsive Politics.

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The Hill: Debt panel was doomed from outset

By Russell Berman – 11/21/11 08:24 PM ET

In many ways, the supercommittee was doomed from the start.

The failure of the much-hyped congressional debt panel brought about a wave of denunciation from across the political spectrum on Monday, but few political advocates and observers claimed to be surprised.

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InlandPolitics: Debt Committee ‘Super Flop’ as expected

Monday, November 20, 2011 – 11:15 a.m.

As expected, the so-called debt-reduction supercommittee, officially known as the Joint Select Committee on Deficit Reduction, ended with a loud thud this morning.

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NYTimes: Lawmakers Trade Blame as Deficit Talks Crumble

By ERIC LIPTON
Published: November 20, 2011

WASHINGTON — With the hours ticking away toward a self-imposed deadline, Congressional leaders conceded Sunday that talks on a sweeping deficit agreement were near failure and braced for recriminations over their inability to reach a deal.

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WashPost: Supercommittee likely to admit defeat on debt deal

Erskine Bowles, Alan Simpson, Alice Rivlin and Pete Domenici appear before the supercommittee. The bipartisan group faces a Nov. 23 deadline to agree on a debt-reduction plan.

By Lori Montgomery and Rosalind S. Helderman, Published: November 19

The congressional committee tasked with reducing the federal deficit is poised to admit defeat as soon as Monday, and its unfinished business will set up a year-end battle over emergency jobless benefits and an expiring payroll tax holiday.

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LATimes: Congress cuts future funding for California’s bullet train

November 17, 2011 | 7:34 pm

The U.S. Senate approved a package of legislation Thursday night that eliminates future funding for high-speed rail projects, including the California bullet train.

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Wednesday, November 16, 2011 – 01:45 p.m.

Members of the United States Congress trade stock and stock options based on inside information.

Reports say that those members who engage in the unethical practice beat the market by 12%.

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SFChornicle: Pelosi aide calls ’60 Minutes’ report a ‘smear’

U.S. House Minority Leader Nancy Pelosi

Carolyn Lochhead, Chronicle Washington Bureau
Tuesday, November 15, 2011

Washington — House Minority Leader Nancy Pelosi’s office accused the news program “60 Minutes” of omitting key information from its report Sunday on how members of Congress use privileged information to profit from stock trades.

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RollCall: Lawmakers Deny Insider Trading in ‘60 Minutes’ Report

By Ryan Teague Beckwith
Roll Call Staff
Nov. 13, 2011, 8:49 p.m.

Updated: 10:30 p.m.

Members of Congress may be personally profiting from insider information they gather while legislating, according to a “60 Minutes” report that aired tonight.

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DailyBulletin: Super committee indecision may mean huge regional military cut

From right to left, former Senate Budget Committee Chairman Pete Domenici, R-N.M., former White House Budget Director Alice Rivlin, and former Sen. Alan Simpson, R-Wyo., and Erskine Bowles, co-chairs of the National Commission on Fiscal Responsibility and Reform, offer their advice to the Joint Select Committee on Deficit Reduction during a hearing earlier this month on Capitol Hill in Washington, D.C. (J. Scott Applewhite/The Associated Press)

Neil Nisperos, Staff Writer
Created: 11/12/2011 09:31:09 PM PST

The failure of a deficit reduction super committee to find $1.2 trillion in savings could result in the loss of tens of thousands of military jobs in the Inland Empire, according to an area GOP lawmaker.

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LATimes: Prospect of online sales tax grows

Momentum builds after Amazon’s deal with California. A bipartisan group of U.S. senators introduces the Marketplace Fairness Act to let states collect sales taxes from most Internet retailers.

By Jim Puzzanghera, Los Angeles Times
November 10, 2011

Reporting from Washington— Lawmakers, looking to help cash-strapped local governments, are coalescing around legislation aimed at letting states require most online retailers and catalog-only companies to collect sales taxes from customers.

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SFChronicle: Deficit reduction: Blaming easier than fixing

Saunders

Debra J. Saunders
Tuesday, November 8, 2011

“I have great respect for each of you individually, but collectively I’m worried that you’re going to fail – fail the country,” former Bill Clinton chief of staff Erskine Bowles said last week to the 12-member joint congressional supercommittee tasked with cutting the federal deficit by some $1.2 trillion over 10 years.

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The PE: CONGRESS: Looming defense cuts threaten Inland jobs

Close to 7,000 Inland jobs could hang in the balance as the government “supercommittee” works to avert deep, automatic cuts to the nation’s defense industry and operations.

BEN GOAD
STAFF WRITER
bgoad@pe.com

Published: 31 October 2011 05:17 PM

WASHINGTON — Close to 7,000 Inland jobs could hang in the balance as the House-Senate “supercommittee” works against time to avert deep, automatic cuts to the nation’s defense industry and operations.

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The Hill: Fears of another US credit downgrade are growing on Wall Street

By Erik Wasson – 10/24/11 09:05 PM ET

Wall Street is growing nervous about the congressional supercommittee amid warnings from major banks that failure to reach a deal could lead to another downgrade of U.S. debt.

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LATimes: Unemployed Californians face benefit losses

Money & Company
Tracking the market and economic trends that shape your finances.
October 11, 2011 | 2:23 pm

Nearly 1.8 million jobless Americans could lose their unemployment insurance benefits at year’s end unless Congress approves the president’s proposal to reauthorize the federal program through 2012, said the National Employment Law Project, an advocacy group known as NELP.

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The Hill: Republicans vow retaliation after Reid uses nuclear option in Senate

By Alexander Bolton – 10/08/11 02:14 PM ET

Senate Republicans vow they will retaliate for Senate Majority Leader Harry Reid’s (D-Nev.) decision to unilaterally change the Senate’s rules Thursday without prior warning or negotiation.

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SacBee: Consulant Dave Gilliard’s attack on Sen. Barbara Boxer paid off

Administrators Note: Gilliard is consultant to San Manuel Band of Mission Indians Chairman James Ramos, a registered democrat.

The Swarm
Mix it up with The Bee’s editorial board.
October 7, 2011

At this time last year, an obscure shell of a corporation called Taxpayer Network aired an attack on Sen. Barbara Boxer.

If the ad’s intended effect was to defeat Boxer, it failed. Boxer won reelection. But the ad did help line a few pockets, a document released a year later shows.

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InlandPolitics Commentary: It’s time to put the people first

Thursday, October 7, 2011 – 10:00 a.m.

In a speech this morning, President Barack Obama said “I would love nothing more than to not be campaigning right now”.

Exactly!

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LATimes: Democrats scramble to replace cash

With funds missing or frozen, a campaign treasurer facing charges and an election 14 months away, many go looking for money.

By Richard Simon and Patrick McGreevy, Los Angeles Times
September 25, 2011, 6:29 p.m.

Reporting from Washington and Sacramento— A suspected embezzlement scheme that has ensnared hundreds of campaign accounts of Democrats has sent candidates scrambling for new cash as they prepare for an election season that could reshape California’s political landscape.

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SFChronicle: Feinstein sues bank over alleged embezzlement

Carolyn Lochhead and Carla Marinucci, Chronicle Staff Writers
Saturday, September 24, 2011

Washington — California Sen. Dianne Feinstein’s campaign filed suit Friday against a small Los Angeles County bank and the Democrat’s former campaign treasurer, alleging that Kinde Durkee and her associates “stole millions” in funds from Feinstein campaign committees in the last two years.

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InlandPolitics: A herd of cows, a flock of chickens…

Friday, September 23, 2011 – 09:30 a.m.

True or not, we like this:

The English language has some wonderfully anthropomorphic collective nouns for the various groups of animals.

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Politico: Dianne Feinstein takes double whammy in stride

Senator Dianne Feinstein speaks during John Bryson’s confirmation to Secretary of Commerce in Washington. | John Shinkle/POLITICO

By DAVID CATANESE | 9/22/11 11:04 PM EDT

Dianne Feinstein has had one of the worst weeks imaginable. Her campaign coffers were cleaned out, forcing her to dip into her own pockets to replace more than $5 million in stolen funds. Then the respected Field Poll piled on, reporting that on the eve of her 2012 reelection campaign, her approval ratings had hit a career low.

The good news? Despite all of it, almost no one thinks she can be beaten.

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Politico: Dianne Feinstein donates $5 million of own money to her campaign

By JOHN BRESNAHAN & MANU RAJU | 9/20/11 11:53 PM EDT

Sen. Dianne Feinstein, who is up for reelection in 2012, will put $5 million of her own money into her race, the latest sign that a mega-fraud case involving a top Democratic campaign treasurer is roiling California politics.

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Politico: When campaign funds go missing

A California Democratic treasurer stands accused of the ultimate political betrayal.

By JOHN BRESNAHAN & JONATHAN ALLEN | 9/14/11 11:37 PM EDT

A California Democratic treasurer stands accused of the ultimate political betrayal: stealing from campaign accounts that she was entrusted with overseeing.

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LATimes: Feinstein says campaign may be ‘wiped out’ by Durkee

Senator employed treasurer accused on fraud charges, but her office is unable to access accounts to see how much might be missing. Rep. Davis calls suspect ‘the Bernie Madoff of campaign treasurers.’

By Molly Hennessy-Fiske, Los Angeles Times
September 12, 2011, 10:38 p.m.

Sen. Dianne Feinstein (D-Calif.) said her campaign is among those that may have been “wiped out” by a Burbank-based Democratic campaign treasurer who was arrested on federal fraud charges earlier this month.

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The Sun: Congress to consider new jobs plan

Neil Nisperos, Staff Writer
Posted: 09/05/2011 07:03:17 AM PDT

As Congress returns to session this week, Washington lawmakers agree that improving the national economy and creating jobs is the top priority.

President Barack Obama is slated to announce a new jobs plan to a joint session of Congress on Thursday.

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OCRegister: FBI arrests prominent Democratic campaign treasurer

Published: Sept. 3, 2011 Updated: Sept. 4, 2011 9:27 a.m.
By BRIAN JOSEPH / THE ORANGE COUNTY REGISTER

SACRAMENTO – A prominent Democratic campaign treasurer who works for federal, state and O.C. lawmakers including U.S. Sen. Dianne Feinstein. Rep. Loretta Sanchez and state Assemblymen Lou Correa and Jose Solorio has been arrested by the FBI on suspicion of mail fraud, The Orange County Register has learned.

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The PE: TRANSPORTATION: Congress eyes bill vital to Inland area

TRANSPORTATION: Congress eyes bill vital to Inland area

10:00 PM PDT on Thursday, September 1, 2011

BY BEN GOAD and DUG BEGLEY
STAFF WRITERS
bgoad@pe.com | dbegley@PE.com

California would lose more than $4.6 billion and as many as 164,000 jobs if Congress fails this month to extend federal transportation legislation that funds road, bridge and rail projects around the country, Sen. Barbara Boxer said Thursday.

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LATimes: Homeowner mortgage write-off may be in jeopardy

Decisions in coming weeks by the 12-member bipartisan congressional committee tasked with reducing the federal deficit could affect mortgage interest deductions.

By Kenneth R. Harney
August 14, 2011

Reporting From Washington— If you take mortgage interest tax deductions, the next 100 days could have significant financial implications for you because of Congress’ new federal debt ceiling plan.

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InlandPolitics: Is there really anything good to write on the economy?

Tuesday, August 9, 2011 – 08:00 a.m.

People keep asking is there anything good to say about the economy?

The answer? Not really.

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InlandPolitics: Putting lipstick on a pig…Expect another downgrade

Monday, August 8, 2011 – 10:00 a.m.

Standard and Poor’s downgrade of the sovereign credit rating of the United States was a long time coming.

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LATimes: U.S. credit downgrade unlikely to fix logjam in Congress

Credit rating agency Standard & Poor’s headquarters are seen in the financial district of New York. It’s unlikely that the agency’s downgrade of the U.S. credit rating will spur Washington to take the necessary steps to reduce the country’s debt. (Stan Honda / AFP/Getty Images / August 6, 2011)

By Jim Puzzanghera, Los Angeles Times
August 7, 2011

Reporting from Washington—- The historic decision by Standard & Poor’s to downgrade the U.S. credit rating may provoke some havoc in financial markets this week, but it’s unlikely to deliver the shock necessary to prod Washington politicians to take the unpopular steps required to cut the nation’s debt.

A key to the political effects of the downgrade will be the reaction of financial markets Monday.

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The PE: FAA: Deal set, but toll heavy on Inland workers

10:06 PM PDT on Thursday, August 4, 2011

By BEN GOAD
Washington Bureau

WASHINGTON – Lawmakers struck a deal Thursday to restore funding to the Federal Aviation Administration, signaling an end to a partial shutdown that has cost the agency hundreds of millions of dollars in lost revenue and forced an estimated 74,000 workers off the job.

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LATimes: Debt ceiling deal accomplishes little

NEWS ANALYSIS

For all the drama, the compromise achieves little in the short term and only delays what most see as the country’s key financial decision: whether to raise taxes or reduce Medicare.

By David Lauter, Washington Bureau
August 1, 2011, 7:00 p.m.

Reporting from Washington— High-stakes negotiations force people to reveal what they really care about, and in the 11th-hour deal to stave off a federal financial default, President Obama and congressional Democrats and Republicans each made clear their top priorities.

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InlandPolitics: It’s not even close – U.S. credit rating cut inevitable

Monday, Augusr 1, 2011 – 09:45 a.m.

President Barack Obama and congressional leaders come to an agreement on the debt limt and deficit on Sunday.

Well, it’s not enough!

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LATimes: U.S. leaders strike debt deal to avoid default

The compromise, if approved by the House and Senate, would cut about $2.4 trillion from federal spending over the next decade.
U.S. debt deal

By Lisa Mascaro and Kathleen Hennessey, Washington Bureau
August 1, 2011

Reporting from Washington— President Obama and congressional leaders announced a deal to resolve the months-long impasse over the federal debt ceiling, agreeing on a compromise that would aim to slice about $2.4 trillion from federal spending over the next 10 years.

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Bloomberg/Businessweek: Why the Debt Crisis Is Even Worse Than You Think

The National Debt Clock on 44th Street in New York just off Times Square on July 26. (Mark Peterson/Redux)

by Peter Coy
Friday, July 29, 2011

 

If Washington is deadlocked now, how will it deal with the much bigger debt problems that lurk in the decades to come?

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By Neil Nisperos Staff Writer
Created: 07/29/2011 10:18:37 PM PDT

The Republican-controlled House approved Speaker John Boehner’s debt limit plan on Friday only to have Senate Democrats scuttle the measure without so much as a debate on its merits.

Boehner’s plan included a requirement for the submission of a constitutional amendment requiring a balanced budget.

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LATimes: Debt-ceiling standoff grinds on

By Kathleen Hennessey and Christi Parsons, Washington Bureau
July 24, 2011, 10:13 p.m.

Reporting from Washington— Congressional leaders missed a self-imposed weekend deadline for reaching a debt agreement that would stave off federal default, leaving Democrats and Republicans aligned behind competing proposals as financial markets watched closely for signs of progress.

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The PE: Inland area suffers recent setbacks at state, federal levels

10:35 PM PDT on Saturday, July 23, 2011

By JIM MILLER, BEN GOAD and DUG BEGLEY
The Press-Enterprise

Making public policy often produces its share of winners and losers, but Inland Southern California has had a decidedly bad run of luck the last few weeks.

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LATimes: In Washington’s game of chicken, California has plenty at stake

“One thing I learned about negotiations — and I learned this from [former Assembly Speaker] Willie Brown and [former Gov.] Pete Wilson — whenever you get into a philosophical argument, [the talks] never go anywhere. When you reduce it to practical things — ‘I’ve got this guy who won’t vote for the budget unless we change something in one area’ — then you get results,” Treasurer Bill Lockyer says. (Armando Arorizo, Bloomberg)

By George Skelton Capitol Journal
July 18, 2011

From Sacramento– The sound bites booming from Washington, D.C., about spending and taxes have a familiar ring in Sacramento, especially for state Treasurer Bill Lockyer. A rather scary ring.

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LATimes: Obama, congressional leaders fail to break debt deadlock

By Peter Nicholas and Lisa Mascaro, Washington Bureau
July 11, 2011

Reporting from Washington— President Obama continued to push for a $4-trillion deal to rein in government deficits Sunday, but a White House meeting with congressional leaders failed to break the deadlock over spending and taxes that has stalemated discussions for more than a month.

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The PE: CONGRESS: Lawmakers draw battle lines on worker verification bill

10:00 PM PDT on Sunday, June 12, 2011

By BEN GOAD
Washington Bureau

WASHINGTON – Congressional Republicans are poised to press forward with legislation requiring all U.S. employers to use an electronic worker verification program penned by Inland Rep. Ken Calvert.

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LATimes: Republicans still firmly against raising debt ceiling without big cuts

By Peter Nicholas, Washington Bureau
May 30, 2011

Reporting from Washington — Two top Republicans said Sunday they opposed raising the nation’s debt ceiling without major moves to slash the federal deficit, a stance that suggests the GOP may be heading toward a high-stakes showdown with Democrats as the deadline for congressional action nears.

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LATimes: Are we facing the end of the 30-year fixed-rate mortgage?

Many housing proponents say the government’s move to dismantle Fannie Mae and Freddie Mac means the most popular home loan will be more expensive. But how much more is a matter of debate.

By Lew Sichelman
May 15, 2011

Reporting from Washington— Will the move to dismantle Fannie Mae and Freddie Mac mean the end of the 30-year fixed-rate mortgage as we have come to know it?

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Calbuzz: D.C. and Sacto: A Tale of Two Political Universes

April 11, 2011

After speaking in Los Alamitos last weekend, Gov. Jerry Brown labeled as “pathetic” the last-minute deal on the federal budget that averted a government shutdown.

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Saturday, April 09, 2011
By Terence P. Jeffrey

(CNSNews.com) – The federal debt increased $54.1 billion in the eight days preceding the deal made by President Barack Obama, Senate Majority Leader Harry Reid (D.-Nev.) and House Speaker John Boehner (R.-Ohio) to cut $38.5 billion in federal spending for the remainder of fiscal year 2011, which runs through September.

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The PE (AP): Federal shutdown avoided, 2012 budget fight looms

Apr 9, 1:32 PM EDT
By JIM KUHNHENN
Associated Press

WASHINGTON (AP) — A last-minute budget deal forged amid bluster and tough bargaining averted an embarrassing federal shutdown, cut billions in spending and provided the first major test of the divided government that voters ushered in five months ago.

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DailyBulletin: Government shutdown likely if budget deal is not reached

By Mediha Fejzagic DiMartino, Staff Writer
Posted: 04/07/2011 09:10:19 PM PDT

If President Barack Obama and congressional leaders fail to reach a budget deal by today, the federal government will shut down at midnight.

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LATimes: Frenzy in Washington grows over nation’s debt

There are signs of bipartisan efforts to tackle deficits, but how will they fare in the partisan heat of the 2012 election cycle?

By Lisa Mascaro, Washington Bureau
March 28, 2011

Reporting from Washington—

Not since Ross Perot unleashed his wonky charts has the nation’s heavy debt load received so much attention.

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SacBee: Field Poll says Feinstein backing is below 50%

Feinstein

 

By Michael Doyle
mdoyle@mcclatchydc.com
Published: Thursday, Mar. 24, 2011 – 12:00 am | Page 3A
Last Modified: Thursday, Mar. 24, 2011 – 8:01 am

WASHINGTON – Democratic Sen. Dianne Feinstein remains more popular among California voters than her colleague Barbara Boxer, a new Field Poll shows.

But Feinstein can’t rest easy as she prepares for another re-election bid next year. For the first time since her initial 1992 election, less than half of the Californians surveyed consider themselves leaning toward Feinstein.

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DesertSun: Debate heats up between Sen. Barbara Boxer and Rep. Mary Bono Mack

 

Rep. Mary Bono Mack and Sen. Barbara Boxer

 

10:36 AM, Mar. 4, 2011 |
Written by PAUL C. BARTON
Desert Sun Washington Bureau

As the crow flies, the hometowns of Rep. Mary Bono Mack and Sen. Barbara Boxer — Palm Springs and Rancho Mirage — lie within 10 miles of each other.

But when it comes to challenges facing the federal government, Bono Mack and Boxer might as well hail from different planets.

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LATimes: Tensions escalate over Republican budget cuts

Speaker of the House John Boehner responds to questions from reporters. “When we say we’re going to cut spending, read my lips: We’re going to cut spending,” he said. (Shawn Thew, EPA / February 17, 2011)

By Kathleen Hennessey, Washington Bureau
February 18, 2011

Reporting from Washington —

The prospect of a government shutdown loomed larger on Capitol Hill on Thursday when Republican leaders ruled out the easiest path around a budget impasse and Democrats accused them of playing a dangerous game of chicken.

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DailyBulletin (AP): Health care repeal fails in Senate

By Sandra Emerson Staff Writer
Created: 02/02/2011 05:22:19 PM PST

As expected, the Senate has rejected a Republican attempt to repeal the year-old health care law.

The ultimate fate of the controversial law is expected to be determined by the Supreme Court. But congressional Republicans emboldened by gains in last fall’s elections have made a priority of trying to wipe it off the books.

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The Sun: Boxer, Feinstein call for chromium limit

James Rufus Koren, Staff Writer
Posted: 01/26/2011 03:11:01 PM PST

California’s U.S. Senators have introduced a bill that would require the federal Environmental Protection Agency to set limits on the amount of hexavalent chromium in drinking water.

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DailyBulletin: Republicans, Dems to sit side by side

Staff and Wire Reports
Created: 01/24/2011 04:28:16 PM PST

With calls for more civility in Congress and less partisanship after the shooting of Rep. Gabrielle Giffords, two Inland Valley lawmakers will join some of their peers in pledging to break with a tradition during President Barack Obama’s State of the Union address tonight.

Democrats and Republicans usually sit with fellow members of their parties during the annual speech in the House chamber.

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YahooFinance (AP): US debt passes $14 trillion, Congress weighs caps

By Tom Raum, Associated Press – January 15, 2011

WASHINGTON – The United States just passed a dubious milestone: Government debt surged to an all-time high, more than $14 trillion.

That means Congress soon will have to lift the legal debt limit to give the nearly maxed-out government an even higher credit limit or dramatically cut spending to stay within the current cap. Either way, a fight is ahead on Capitol Hill, inflamed by the passions of tea party activists and deficit hawks.

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WashExaminer Editorial: Closing the books on the worst Congress

By: Examiner Editorial 12/25/10 8:05 PM

Americans can give thanks in this Christmas season for an end to the reckless and destructive 111th Congress. This is the Congress that passed Obamacare, against the wishes of a substantial majority of the public, on Christmas Eve of last year. In the dead of night, Democratic lawmakers stuffed the monstrous 2,700-page bill with special-interest goodies and political payoffs like the “Cornhusker Kickback” and the “Louisiana Purchase.” As we have learned since, most members were still ignorant of the bill’s contents three months later, when it gained final passage in the House. No surprise that its immediate results — both intended and unintended — have been almost uniformly bad.

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The Sun: House OKs tax plan

James Rufus Koren, Staff Writer
Posted: 12/16/2010 09:14:33 PM PST

Voting until nearly midnight eastern time, the House of Representatives on Thursday approved a tax plan that keeps income tax rates in place, extends unemployment benefits and offers a temporary cut in payroll taxes.

Approved by a 277-148 vote, the plan will put money in the pockets of most American workers and give new tax breaks to the wealthiest Americans. The plan was approved by the Senate on Tuesday and will now go to President Barack Obama for his signature.

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DailyBulletin: Tax plan would boost local paychecks

James Rufus Koren, Staff Writer
Created: 12/13/2010 05:01:46 PM PST

A tax plan that would put money in the pockets of most American workers moved forward in the U.S. Senate Monday, bringing the prospect of continued tax cuts and additional benefits one step closer to reality.

The plan, a compromise between President Barack Obama and congressional Republicans, would extend the income tax cuts approved in 2001 and 2003, extend federal unemployment benefits and give workers an additional payroll tax break.

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