Republican presidential nominee Mitt Romney said in May that he’d written off votes from 47 percent of Americans who are collecting government aid. Turns out many of them are part of his political base.
Republicans in the U.S. Congress were uniting behind a call to repeal all or part of the 2010 financial regulatory overhaul. Since JPMorgan Chase & Co. announced its $2 billion trading loss earlier this month, that front has splintered.
While Senate Republican leader Mitch McConnell stayed out of the spotlight during much of the negotiations over the U.S. debt limit, the deal that’s headed for approval by Congress today has his fingerprints all over it.
When House Majority Leader Eric Cantor walked out on the bipartisan debt-ceiling talks in late June, all of Washington professed shock. For some cable news addicts, it rivaled the Casey Anthony trial in its titillation factor.