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Bloomberg News’ Caroline Baum has a tart piece on strategic defaults and consumer spending -- invoking the theory, first put forward by HousingWire’s Paul

During the U.S. Senate debate in Morgantown, W.Va., last night, Republican John Raese’s campaign kept me faithfully updated with emails pairing Gov. Joe

Bobby Joe Rogers (Pic via escambiaso.com ) Police today announced they have made an arrest following a fire at a Pensacola area abortion clinic early Sunday morning. After a joint investigation involving the Division of State Fire Marshal’s Bureau of Fire and Arson Investigations and other members of the Joint Terrorism Task Force, officers determined that Bobby Joe Rogers of Tuscaloosa, Ala., set fire to the clinic, causing approximately $300,000 in damage.

A fresh-out statement from Geoff Morrell, chief spokesman for Secretary of Defense Robert Gates, reacting to the proposed legislative language for repealing the

As House and Senate leaders confer about the final details of what will be President Obama’s $800-plus billion stimulus plan, both sides are seeking to cut a

A school board in Virginia has voted unanimously to leave No Child Left Behind, which would mean joining a bevy of other boards across the country in sending a

There’s at least one person on Capitol Hill who doesn’t think comprehensive immigration reform is dead this year. Rep. Luis Gutierrez (D-Ill.) said on

President Obama named a dozen faith leaders to the President’s Advisory Council on Faith-Based and Neighborhood Partnerships on Friday, and two of them hail from Minnesota. Leith Anderson of the National Association of Evangelicals, who is also Tim Pawlenty’s pastor, was appointed by Obama, as was fellow Minnesota Bishop Mark Hanson of the Evangelical Lutheran Church in America. The council, formerly known under President Bush as the Office of Faith-Based Initiatives, has had a healthy number of Minnesotans under Obama.

A single psychologist pressed for the use of a confinement box in the interrogation of an al-Qaeda operative.

Today’s now-postponed Senate Armed Services Committee hearing on Afghanistan was overshadowed by Gen. David Petraeus’s brief but frightening loss of

Most New Mexicans still have a favorable view of former Gov. Gary Johnson, whereas other 2012 GOP presidential hopefuls are all unpopular, according to Public Policy Polling . Johnson has a 44-32 favorability spread, compared with all of the other candidates who have negative favorability ratings in their home state

House Democrats have just reached a compromise on a cash-for-clunkers bill that would provide financial incentives for people to trade in their old gas-guzzlers

This Gallup poll, in some ways, is tautology: Republicans are conservative about the role of government, and Democrats are liberal. Members of the GOP believe

Politico has a double-bylined take-out of the conservative movement’s rebellion against Assemblywoman Dede Scozzafava, the liberal Republican nominated for the

The National Republican Congressional Committee is up on the air in South Carolina with an ad not-so-secretly aimed at getting Rep. John Spratt (D-S.C.) to

Critics see retrenchment on Obama’s pledge to rebalance the foreign policy apparatus away from the military.

U.S. Senator Michael Bennet, appearing on NPR’s Weekend Edition , said that while agrees that the federal government has to cut spending, it also has to raise the debt ceiling to avoid defaulting on its loans. A full transcript of the interview follows

This morning, the Commerce Department said that the U.S. economy expanded at a 2.4 percent annual rate in the second quarter -- about what economists expected.

This isn’t good. The number of Americans filing initial claims for jobless benefits -- after holding around 450,000 or 460,000 for weeks -- spiked up to 472,000

Sen. Al Franken (D-Minn.), an alumnus of the NBC show Saturday Night Live, criticized the proposed merger of NBC Universal and Comcast during his

An Occupy Miami protester (Pic by Ashley Lopez) Occupy Miami garnered public support from local unions today. South Florida Jobs for Justice, together with local labor unions, held a press conference this morning announcing their support for Occupy Miami. Occupy Miami, a local group protesting in solidarity with the Occupy Wall Street movement, is currently occupying government center in Miami .

Last month, a federal court judge ordered the Defense Department to release a 47-year-old father of two with a heart condition who the court ruled had been