America is not broke. But it has broken priorities. The Congressional Progressive Caucus has the right fix: save trillions, put Americans back to work and protect Medicare, Medicaid and Social Security. How? End the wars in Iraq and Afghanistan, tax millionaires, negotiate Medicare drug prices.
As a Democratic president bows to the GOP’s far right, House Minority Leader Nancy Pelosi tells colleagues to vote their consciences. Half of House Democratic Caucus opposes Obama’s position.
The IMF warns that an international crisis looms, as Pelosi condemns Boehner for going “to the dark side.”
As global markets begin to stall because of GOP gamesmanship, the pointman on fiscal issues for Britain's conservative-led government warns that the extremists who are attacking the US economy could create a worldwide crisis.