“If I can persuade Al Sharpton and Bill O’Reilly to come to the same meeting, there are plenty of people of good faith to get something done,” President Barack Obama said in the White House’s East Room yesterday.
At a museum near the U.S. Capitol three weeks ago, 700 guests sampled bratwurst and vodka and watched the Olympics on a mammoth screen. From the second floor, Comcast Corp.’s David Cohen addressed the crowd, which included the Russian ambassador and a White House official.
Senate Republican Leader Mitch McConnell’s vote yesterday to clear the way for Congress to lift the federal debt ceiling made the U.S. Chamber of Commerce’s task of helping him win re-election a lot harder.
The rocky rollout of the Patient Protection and Affordable Care Act has forced President Barack Obama to express his openness, albeit half-heartedly, to reforms that might accomplish the law’s goals. In response, congressional Republicans have offered no fewer than three major alternatives to Obamacare, the most recent being an overhaul plan from Republican Senators Tom Coburn, Richard Burr and Orrin Hatch. All these proposals address the issue at the heart of the law’s name -- the affordability of health care.
U.S. Senate Democratic leaders said they would keep working to strike a compromise on reviving expanded jobless benefits, even as the chamber failed to advance the latest plan amid a partisan dispute over amendments.
More than 50 tax breaks that expired as 2014 dawned, including a decades-old credit for research and product development by businesses, aren’t on a fast track for renewal because Congress needs to review them on a case-by-case basis, a key member of the Senate Finance Committee says.
Ron Wyden, poised to become the top Senate Democrat on trade and tax policy, said he wants to talk with fellow senators before considering a plan to speed trade deals, marking a delay for a priority of President Barack Obama.
Republican U.S. senators opposed to Obamacare said the best alternative would be a narrower system of tax credits for Americans to buy health insurance without any of the mandates for people or companies to participate.