Archive for Government

Are Congress and Obama deliberately embracing the fiscal cliff, even as they jockey for spin?

White House

So do both parties actually want the federal government to go over the so-called fiscal cliff, to slash the budget deficit without having to go on record voting for tax increases and spending cuts? One gets that impression. To be sure, in the process the great passive consensus to raise taxes and slash spending is being accompanied by finger-pointing and posturing.  But the spin is

US Congress to Reconvene Monday, Continue Fiscal Talks

U.S. Capitol file photo

(VOA – Kent Klein – Dec. 30, 2012) WHITE HOUSE — The drama over the U.S. government’s so-called “fiscal cliff” enters its final day before the deadline on Monday, with no agreement between Democrats and Republicans.  Americans will face tax increases and deep government cuts on Tuesday if no agreement is passed and signed before then. In a prayer at the opening of Sunday’s Senate

Treasury Department announces sanctions against persons and entities linked to Iranian WMD programs, as well as military support for Syria’s Assad

iran-map-200

The U.S. Treasury Department announced on Dec. 21, 2012, that it was “designating” four companies and one individual under Executive Order 13382 that targets weapons of mass destruction (WMD) proliferators and their supporters. The action prohibits U.S. parties from doing business with the parties designated, freezes any U.S. assets of the parties and potentially cuts off access to the U.S. financial system for any foreign