BostonRed

President Obama on Tuesday hailed an ambitious new deficit-reduction plan that is gaining momentum in the Senate, calling it a “very significant step” and saying it could provide the vehicle to break an impasse over raising the federal borrowing limit while cutting the nation’s debt.

The Plan is the brainchild of the Gang of Seven.

Tom Coburn gets into act a with 9 trillion proposal,Gang of Seven which would slice $3.7 trillion from the federal budget over the next decade.

South Africans celebrate Mandela Day, the birthday of their beloved anti-apartheid hero, by doing good works in his honour, bringing the nation's extremes of wealth and poverty a bit closer together.

Politics Sunday is a hard look at news from the past week and the upcoming week in the political world with commentary and insights into polling tends. Política El domingo es duro noticias mirar la semana pasada y la próxima semana en el mundo político con comentario y visión de mesas de votación tiende

Metropolitan Police Commissioner Sir Paul Stephenson resigns amid the phone hacking and corruption probe at the News of the World.

Rebekah Brooks has been arrested by police investigating phone hacking and bribery at the News of the World.

Rupert Murdoch’s media empire political reach is from the UK to United State from the papers of the Wall Street Journal to Fox News.

Leslie “Les” Hinton, head of Dow Jones & Co resigned on Friday.

Minnesota  Governor Mark Dayton will call a special session of the Legislature to begin Monday to address the state government shutdown.

"That I was ignorant of what apparently happened is irrelevant and in the circumstances I feel it is proper for me to resign from News Corp, and apologise to those hurt by the actions of the News of the World., Les Hinton, chief executive of the media group's Dow Jones

Senate Minority Leader Mitch McConnell (R-Ky.) warned Wednesday that a default on the nation’s debt would not only be dangerous for the country, but could also have damaging political repercussions for the Republican Party.

"This is a misnomer that the president and the Treasury secretary have been trying to pass off on the American people," Michele Bachmann

"As far as what might happen in the global financial markets, no one knows," I've yet to find anybody who can lay that all out for me in a convincing fashion."Steve King

King called McConnell's proposal "the fox in the hen house."

The current refrain from the Republican Party is that raising taxes on the most wealthy Americans will be hurting the ‘job creators.’ This reasoning seems to hinge on the belief that the wealthy, given money, will put it back into the economy and generate growth. Raeganomics.Liam Fox  NEWS JUNKIE POST

E W "Right-wing" Erickson, a conservative commentator for CNN, who likened McConnell to Pontius Pilate on his RedState blog and also labeled him a "weasel" for good measure. And he suggested hanging McConnell  in effigy.

Grover Norquist, says he supports the goal of Minority Leader Mitch McConnell’s “contingency plan” to force President Obama to assume nearly all of the responsibility for raising the debt ceiling.

Janice Hahn, who has served on the city council since 2001, hails from a Los Angeles political dynasty—her father a civil rights supporter served as a county supervisor for four decades and the only one to meet Dr King at the airport during the Watts Rebellion defeated a Tea Party Republican  Craig Huey.

“I do not see a path to a deal if they don’t budge — period,I mean, if the basic proposition is ‘It’s my way or the highway,’ then we’re probably not going to get something done, because we’ve got divided government.” President Obama

Senate Majority Leader Amy Koch is statement regarding Governor Dayton’s decision to force the longest government shut down in recent United States history:

“Despite his insistence during the campaign cycle that he would not allow government to shut down, Governor Dayton has not only allowed Minnesota’s State Government to shut down, but he has allowed it to continue by refusing to call us into a special session. Only Gov. Dayton can end this shut down, which is now the longest government shut down in recent U.S. history.

Over the last 100 days, the majorities in the Minnesota House and Senate have made several balanced budget compromise offers and have repeatedly asked Gov. Dayton to call for a special session to authorize a temporary funding bill. Instead Gov. Dayton chose to layoff over 22,000 people, suspend road construction projects and close state parks.

The costs associated with this shut down are staggering; Estimates of unemployment benefits, lost revenue to the state, uncollected audits, delays in construction projects and the loss of private sector spending comes in at nearly $65 million per week.

Tim "Who" Pawlenty has  since the Minnesota shutdown started July 1,campaign stops and in ads airing in Iowa, Pawlenty has touted his role in Minnesota’s 9 day shutdown in 2005, saying that at times extreme measures are appropriate.

Any deal that “might include tax increases or more spending . . . doesn’t really fix the finances of our country and is unacceptable,” Tim "Who" Pawlenty

Politics Sunday is a hard look at news from the past week and the upcoming week in the political world with commentary and insights into polling tends. Política El domingo es duro noticias mirar la semana pasada y la próxima semana en el mundo político con comentario y visión de mesas de votación tiende

The statement released by the White House, President Obama stated;

"Throughout her long and active life, Elizabeth Anne Ford distinguished herself through her courage and compassion. As our nation’s First Lady, she was a powerful advocate for women’s health and women’s rights.  After leaving the White House, Mrs. Ford helped reduce the social stigma surrounding addiction and inspired thousands to seek much-needed treatment. While her death is a cause for sadness, we know that organizations such as the Betty Ford Center will honor her legacy by giving countless Americans a new lease on life." President Obama

House Speaker John A. Boehner (R-Ohio) abandoned efforts Saturday night to reach a comprehesive debt-reduction deal, telling President Obama that a mid-size package was the only politically possible alternative to avoid a first-ever default on the nation’s mounting national debt.

“Despite good-faith efforts to find common ground, the White House will not pursue a bigger debt reduction agreement without tax hikes. I believe the best approach may be to focus on producing a smaller measure, based on the cuts identified in the Biden-led negotiations, that still meets our call for spending reforms and cuts greater than the amount of any debt limit increase.”John A. Boehner