AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!She kicked off her campaign for one of state's four U.S. House seats on Wednesday with a video of her seated at a kitchen table and lamenting the national debt.
Without a national consensus, there is no way to cross the Red Sea of the deficit. A presidential campaign remains the best way to create such a political consensus.
McConnell said that “this is the perfect time to tackle entitlement reform” because both political parties now share power – and responsibility – in Washington.
Obama said the federal government must continue to promote and invest in education as the key to winning the global economic competition
The senators, taking cues from Obama's deficit commission, are expected to go public next month with a plan calling for across-the-board reductions in spending and changes to such sacred cows as Social Security.
In the field of possible Republican presidential candidates, Daniels appears to be the only one ready to offer detailed plans for dealing with the nation's mounting debt, Bush said.
In his first press conference of the new year, President Obama deferred tackling long-term shortfalls for Social Security and Medicaid, saying bipartisan cooperation is needed as a first step to any real reform.
With the deficit rising, congressional Republicans continued Wednesday with moves to reduce red ink. But the efficacy of the GOP efforts remains to be seen.
Moderates, college students, nerds and the building trades had a good night. Liberals, oil companies, the jobless and the wealthy, not so much.
'We know what it takes to compete for the jobs and industries of our time,' the president said. 'We need to out-innovate, out-educate, and out-build the rest of the world.'
Republicans are trying to take credit for things -- like a report predicting an uptick in employment prospects -- that they had nothing to do with.
Republican opponents of the onetime $250 payments said the government could not afford the $14 billion price tag.
POPULAR
Follow Politics Daily
News From Our Partners



Top News
More News
More on Aol
Local News
More Blog/Sites
Sites and Services