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Today, Representatives Jerrold Nadler (D-NY), Hank Johnson (D-GA), Jim Moran (D-VA), Jan Schakowsky (D-IL), Keith Ellison (D-MN) and Peter Welch (D-VT) will announce new legislation to eliminate the federal debt ceiling, a law they view as unnecessary and increasingly an impediment to Congress’s ability to further economic recovery. Only a year-and-a-half after the last disastrous debt ceiling debate, House Republican leaders plan to use the same political brinksmanship again this year in order to impose their extreme and economically regressive agenda on the American people. A repeal of the debt ceiling would allow Congress to move forward with legislation that actually promotes jobs, economic recovery and growth. A press conference will take place at 11:00am on Wednesday, January 16th, in Rayburn House Office Building, Room 2103, Washington, D.C.
The modern debt ceiling, set in 1939 based on amendments to the Second Liberty Bond Act of 1917, consolidated federal debts in order to provide the U.S. Treasury more flexibility to reduce interest costs and minimize financial risks. In the 1980s and early 1990s, the House of Representatives, at times, used a mechanism, referred to as the Gephardt Rule, to automatically increase the debt ceiling to keep pace with annual congressional spending. In the last 10 years, Congress has voted to increase the debt ceiling 10 times. The 2011 debt ceiling face-off reflected a shift from 30 years of clean debt ceiling increases and resulted in Standard & Poor’s downgrading of the U.S. economy for the first time in history.
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The IDF Spokesperson said that the search for a possibly kidnapped soldier has been called off this evening, after all soldiers in the Binyamin and Shomron region had been accounted for. Two separate soldiers reported seeing an IDF soldier being driven off in the back of a Palestinian car in the early evening. The IDF [...]
The decision to eject the senior class of the Yeshiva of Flatbush in Brooklyn from a flight was not anti-Semitic, an internal school report found. AirTran Airways “abused its discretion” in forcing the 101 students off the early morning flight June 3 to their senior trip in Atlanta, according to the report, obtained by the [...]
What’s more important to the US, another Arab state within Israel’s current borders or the Iranian nuclear threat? The answer is in expected US arms to Israel. Despite budget cuts, it will increase.
Russia is now Iran’s spokesman. It says Iran is ready to stop enriching 20 % uranium. The West, of course, must respond by lifting sanctions, while Rohani says Iran won’t all halt all enrichment.
American actor Robert De Niro landed in Israel with his son Tuesday morning for a 24-visit, highlighted by his appearance at this evening’s birthday bash for President Shimon Peres, who turns 9o on August 2. DeNiro, who is not Jewish, met with the president at his Jerusalem home, and among other topics, they spoke about [...]
Frieda Hikind, mother of New York Assemblyman Dov Hikind, died on Noonday at the age of 95. Her funeral is scheduled for 10 a.m. (EDT) at Shomrei Hadas Chapels in Boro Park. Mrs. Hikind suffered a massive stroke last week after having been hospitalized for several weeks in Maimonides Hospital. She was born in Czechoslovakia [...]
Knee-jerk leftists still are alive and sick. An equally sick mind posted on Yair Lapid’s Facebook page a picture of him dressed as Hitler. A PR agent immediately linked the fake posting with “the black days before the murder” of Rabin
The tombstone of the late New York City Mayor Ed Koch shows his year of birth as 1942 and not 1924, due to what the engraver said was a “human error” that he will correct in the next three weeks. Koch was so concerned about his tombstone that he worked with a professional for eight [...]
It’s Revolutionary techniques 101: every time you reach a goal – start looking for the next one.
On Tuesday, prosecutors in Budapest, Hungary, charged a 98-year-old who is listed by the Simon Wiesenthal Center as the most wanted war crimes suspect, for helping to deport Jews to Auschwitz in World War II, Reuters reports. Laszlo Csatary, who in 1944 served as police commander in the Nazi-occupied eastern Slovak city of Kosice, was [...]
“Hey Anthony, you’re the only one that can win and keep us on the right track!”
There is no alternative to a two-state solution to the Israel-Palestinian conflict, Bill Clinton said at an event to honor Israeli President Shimon Peres. Clinton was speaking Monday night at the Peres Academic Center in Rehovot in honor of Peres’ 90th birthday. “Your neighbors are still your neighbors,” the former U.S. president said of the [...]
Upon completion of Yeshivat Maharat’s four-year program, each graduate is qualified and equipped as a new kind of leader in the Orthodox community and beyond.
“There is a small group of evil conspirators who want to generate a chain of hatred and violence between Arabs and Jews in our country.”
The Rabbinical Council of America on Monday sent Rabbi David Stav, a Religious Zionist candidate for the post of Israel’s Chief Rabbi, a letter of encouragement, stating the organization’s full support: To the Honorable Rabbi David Stav Shlit’a, Rabbi of the town of Shoham, Chairman of the Rabbinical Organization Tzohar, the Rabbi of the Ezra [...]
Tied up and raped at knifepoint, Linor Abargil was able to escape, to press charges, to find other victims of the same rapist, and make a documentary about how to speak out. Oh, and she was crowned “Miss World” just seven weeks after being raped.
Observant Jews in Los Angeles are bracing for the possibility that they will not be allowed to carry anything or even push a baby stroller on Shabbat due to a freeway project that will knock down the ‘Eruv.” which transforms a public area in to a private space in terms of Jewish law. The eruv [...]
Egypt has deployed helicopters to patrol the Sinai Peninsula and has declared a state of alert in the area after radical Islamic terrorists from Gaza set up a base in the central Sinai. Curfews were clamped on Sinai cities, including the Egyptian side of Rafiah and el-Arish, according to the Bethlehem-based Ma’an news agency. Approximately [...]
SodaStream, the Israel-based company that makes machines to convert tap water into fizz, has signed a deal with KitchenAid to join forces for a new machine expected to be on the market before the end of the year. SodaStream was rumored two weeks ago to become part of PepsiCo, which denied reports that it was [...]
Pope Francis sent President Shimon Peres a letter with blessings for his 90th birthday, which is to be marked on August 2. Celebrations towards the day began more than a month ago. The pope quoted a verse in Psalms and paraphrased the Priestly Blessing as a personal note for President Peres. Pope Francis wrote, “On [...]
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