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That is the worst-case scenario, according to Egan-Jones Ratings Co., quoted in a Bloomberg article making the rounds. The agency says that if home prices

Bill Bennett, radio host of Morning in America, censured Dallas pastor Robert Jeffress during his comments at Saturday’s Values Voter Summit in Washington,

Sen. Al Franken introduced legislation on Wednesday that would require Congress to pay for future wars and ensure that they do not add to the federal budget deficit

You know it’s August when The Washington Post recycles news almost a decade old on its front page. This morning’s story on the Coast Guard leads with the

Defense reporters these days have a number of anecdotes that they believe reveals Pentagon chief Bob Gates’ true colors. Some like his April 2007 press

On their last day in Washington before leaving on a five-week vacation, House lawmakers on Friday passed a $2 billion extension of the enormously popular cash

Last night, TWI’s Annie Lowrey talked to Chris Hayes, guest host of MSNBC’s The Rachel Maddow Show, about the burgeoning political consciousness of unemployed

It’s not everyday that lawmakers with top ratings from the National Rifle Association go around criticizing the powerful gun lobby. But regarding the NRA’s bid

With the House reconvened in a special session to pass a crucial state aid bill yesterday, Rep. Charlie Rangel (D-N.Y.) took to the floor to deliver a rambling

A Pew Hispanic Center study released today provides hard numbers to the debate about the 14th Amendment and birthright citizenship for children born to illegal

Via Brian Faughnan, here’s former Rep. J.D. Hayworth testing the waters for a 2010 challenge to Sen. John McCain (R-Ariz.). There is something you can do right

Flanked by his newly formed economic transition team at the Chicago Hilton, President-elect Barack Obama today gave his first press conference today. Taking

Jason Wu Trujillo, UVA Law’s Senior Assistant Dean for Admissions and Financial Aid, has emailed TWI about Marcus Epstein’s law school plans. Mr. Epstein is

Equating today’s rising credit card rates to usury, several House Democrats today announced plans to introduce legislation capping credit card rates at 16

Yesterday, Larry Summers -- former Harvard president and lauded economist -- announced he will leave his position as the head of the National Economic Council

The original Deepwater Horizon fire (Pic by Deepwater Horizon Response, via Flickr) According to a plan approved by the Coast Guard and obtained by the Associated Press, BP will no longer be responsible for the cleanup of any oil washing up on Gulf of Mexico shores, unless officials can prove it came from the BP well that blew out in 2010, killing 11 workers and sending more than 20 million gallons of oil into the gulf. Via the AP : About 90 percent of the Gulf coast has been deemed clean, according to officials. The plan spells out protocol for when an area still needs to be cleaned and when BP’s responsibility for that ends.

That press release from the U.S. military in Iraq announcing that U.S. planes fired on Sons of Iraq militiamen who were planting roadside bombs? Note its

Blink and you’ll miss Secretary of Defense Bob Gates giving the back of his hand to Vice President Dick Cheney during a Q&A session yesterday at the

Immigrant and Latino advocacy groups, as well as some media watchdogs, are cheering the news today that longtime CNN anchor Lou Dobbs has resigned. The Drop

Today, Rep. John Boehner (Ohio), the House minority leader, sent a letter (PDF) to the White House asking President Barack Obama to tally the pending

A year out from the 2012 election for U.S. Senate, incumbent DFLer Amy Klobuchar has raised $1 million and has $4 million in the bank, while her Republican challengers have taken in a fraction of that. Combined, Joe Arwood and Dan Severson have raised only $50,000 and have about $35,000 in the bank.

U.S. District Judge Ellen Huvelle this morning denied the government’s attempt to further delay the hearing of Guantanamo Bay prisoner Mohammed Jawad and, as