Less than two hours after the U.S. House of Representatives passed a Republican-drafted debt plan Friday evening, the Senate voted to freeze the legislation in hopes that a better deal will be worked out.
Despite thousands of protesters’ fierce opposition to the PM’s austerity plan and with calls of “traitor” ringing in their ears, members of the Greek Parliament voted Wednesday in favor of economic solvency rather than popular opinion. (more)
House conservatives just passed a lobbying reform bill that the Washington Post called a “sham,” ?diluted snake oil? and ?an insult to voters.? Rep. Chris Shays, R-Conn., said, “I happen to believe we are losing our moral authority to lead this place.”