Word: partisan
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...social challenges. Even Senators McCain and Obama find room to agree on the importance of service. That is reflected in part by their recent historic agreement at the ServiceNation Presidential Forum and Summit in New York City this past September 11th and 12th to co-sponsor the new bi-partisan “Serve America Act” with Senators Kennedy, Hatch, Dodd, Cochran, and Clinton. This new legislation will grow AmeriCorps by 175,000 corps members, strengthen and grow the Peace Corps, and create new problem solving corps in education, disaster relief, environmental protection, and other areas. Despite...
Republicans and Democrats talked a lot over the past few days about putting aside their partisan differences for the good of the country to pass a financial markets rescue plan. But they mostly appeared to agree on one thing: that even if they were going to support it, no one much liked the $700 billion bailout bill they had negotiated with the Bush Administration, and certainly no one much wanted to take any credit...
...perhaps it shouldn't have come as such a shock when the House of Representatives failed to pass the bill Monday afternoon, or that the rest of the day was spent in partisan fury and recriminations: Democrats blamed Republicans, Republicans blamed the Dems, the House blamed the Senate, the Senate blamed the House, John McCain blamed Barack Obama, Barack Obama blamed - well, you get the picture. Only one player remained relatively restrained in the aftermath of the defeat, which led to a 777-point free fall for the Dow Jones industrial average, the largest single point drop in history...
...Coming to a new agreement, however, will require getting past some very bruised feelings. The GOP leadership was quick to point outraged fingers, citing Speaker Nancy Pelosi's closing speech before the vote as breaking the bipartisan spirit of the proceedings. "The Speaker had to give a partisan voice [sic] that poisoned our conference, caused a number of members we thought we could get to go south," Boehner ranted to reporters after the vote - as if partisan speeches had never before been heard on the House floor...
Over the weekend, leaders in Washington reached a tentative agreement on a government rescue strategy for the fraught U.S. economy. After intense, partisan negotiations, the core proposal of Secretary of the Treasury Henry M. Paulson’s original $700 billion bailout plan remains largely intact. Originally conceived and announced last week amid unprecedented U.S. bank failure and market turmoil, the bailout plan will appear in front of the House of Representatives this morning. The aim of the Paulson proposal, if passed, will be to inject liquidity into the stagnant credit markets, which must be greased in order to prevent...