The latest dead-on-arrival lame-duck proposal from the White House came Thursday. In a statement about its “21st Century Clean Transportation System" plan, the Obama administration said it would pay for new infrastructure spending with a "new fee paid by oil companies." Here's an excerpt:
So to meet our needs in the future, we have to make significant investments across all modes of transportation. And our transportation system is heavily dependent on oil. That is why we are proposing to fund these investments through a new $10 per barrel fee on oil paid by oil companies, which would be gradually phased in over five years.Read more
Hillary Clinton is admitting to supporters that her main Democratic rival, Bernie Sanders, outraised her by $5 million last month.
"We just learned that the Sanders campaign raised $5 million more than ours did in January, and they raised another $3 million in a single day after the Iowa caucus," Clinton writes to her supporters this evening.
"I'm proud of the campaign we're running -- I'm committed to standing with you to make life better for American families, and I'm ready to fight by your side to earn every vote, take on the Republicans, win the White House, and make history.
"But daniel, if we don't win this nomination, we'll never get the chance to do those things. So on this important night, show me you'reRead more
Hillary Clinton left Iowa to attend a fundraiser last night with an investment mogul. The fundraiser took place in Philadelpia.
Jon Bon Jovi was exptected to serenade the crowd with an acoustic set.
“Democratic presidential candidate Hillary Clinton will visit Philadelphia on Jan. 27 for a fund-raiser hosted by a group that includes lawyer-turned-investment mogul Michael C. Forman and former State Rep. Michael Gerber (D., Mont.) at their $17 billion 'alternative investments' firm, Franklin Square Capital Partners.Read more
Chelsea Clinton will be in London February 23 for a fundraiser for her mother, Hillary Clinton. The former (and perhaps future) first daughter will be joined by fashion icon Anna Wintour, the editor-in-chief of Vogue.
The fundraiser will be at the home of Natalie Massenet, who is chair of the British Fashion Council.
An invitation of the vent was posted on Hillary Clinton's campaign website:
The cost to attend the event is $2,700, the maximum contribution allowed by an individual to a campaign under federal election law.Read more
Chelsea Clinton announced yesterday that she and her husband, Marc Mezvinsky, are expecting their second child.
Yesterday, Chelsea Clinton also asked supporters of her family foundation, the Bill, Hillary, and Chelsea Clinton Foundation, for money.
"You and I share a common belief – the belief that we can really do something about improving health, defeating poverty, and making gender equality a reality," Clinton's email to supporters began. "And together, we are.Read more
The husband of the top Democratic presidential candidate is continuing to seek donations to his family foundation. Bill Clinton, husband to Hillary Clinton, sent an email to supporters last night to ask for money.
"I want to let you in on the secret to our Foundation's success, friends," Clinton writes. "It's you."
We started working nearly 15 years ago with 14 employees and a big idea. Now, because so many people like you have chosen to join us, we're overcoming problems once said to be "too big" and "too hard."
Don't slow down now. The challenges in front of us – like changing the futures of families stuck in poverty and helping communities deal with climate change –
Interesting political debates typically have what could be called primary effects. In Wednesday night's case, those would include the Bush-Rubio exchange, which did a lot of good for Rubio and a lot of damage to Bush, and the Cruz assault on the moderators, which was dazzling.Read more
Bill Clinton sent an email to Hillary Clinton supporters in the middle of tonight's Democratic debate. Clinton says that Clinton is doing great.
"Right now, Hillary's making her case for why she's the most qualified candidate to be the Democratic nominee for president. I think she's doing great," writes Bill Clinton.
"We get to do the easy part -- supporting her with everything we've got.Read more
Chelsea Clinton is officially getting into the game. The former first daughter has sent out a campaign fundraising pitch on behalf of her mother's presidential campaign.
"My mom is my hero. From helping cut the uninsured rate for children in half as First Lady to later becoming the first female senator from New York and then running for president, she's kept fighting for families -- while also being a great mom," reads the pitch.
"I hope my daughter grows up to be as proud of me as I am of my mom.Read more
President Obama will be heading to Oregon tomorrow to visit Umpqua Community College, the site of a shooting rampage last week. But Obama's not heading home directly after meeting with families of the victims. Instead, the president will attend a series of West Coast fundraisers immediately after.
In fact, Obama has three fundraisers lined up for tomorrow. Two in Seattle and one in San Francisco. He'll spend tomorrow night in San Francisco.Read more
Democratic presidential candidate Hillary Clinton sent an email to supporters about gun violence.
"Gun violence isn’t an inevitability -- it’s a virus and we must do whatever we can to stop it," the email reads.
"Our children should feel safe going to school. They should feel safe at the movie theater. And they should feel safe in places of worship.Read more
Democratic presidential candidate Hillary Clinton mocked her Republican rivals for the White House for being unable to name an "American woman" worthy of going on the $10 dollar bill—and then was unable to name one such woman herself.Read more
Nearly everyone recognizes that student debt has risen to a level that will be difficult to sustain, given the nation’s slow-growing economy and the sagging incomes of too many college-educated Americans. Nearly 40 million Americans carry some form of student debt; more than 7 million are in default on their loans, and many more have missed scheduled payments. The total amount of outstanding student debt is estimated to be $1.2 trillion, with about two-thirds of this sum underwritten by the federal government.Read more
The good news is that Australia is close to acknowledging the obvious: Digital currency should be treated as currency. The bad news is that this same thing hasn’t happened in the United States. Bitcoins can now be used to buy almost anything from coffee to surgery, but the government still doesn’t know what to think of this new innovation.Read more
My three-year-old daughter and I typically wrap up our evenings with a pre-bedtime stroll around our northwest Washington, D.C., neighborhood. The nightly ritual ends back at home when I pry the fistful of coins she invariably finds on our walk out of her hands.Read more
When the president of the United States travels, the White House and the Secret Service bring along a tremendous amount of communications equipment. Not only does the Secret Service set up a command post to coordinate communications for the visits, but secure connections are also needed for the president to keep in touch with Washington and the military around the world in case of emergencies.Read more
While Republicans debated in Cleveland, Hillary Clinton raised money from the Kardashians in California. Kim Kardashian hoped to get a selfie with Clinton.
The celebrity tweeted, "Excited to be meeting our next President tonight!! Maybe she'll take a selfie with me!"
President Obama is responding to the Republican presidential debate by asking Democrats to give his party money.
"[I]t's more clear than ever that we need to make sure the next person who holds this office shares the values and vision that we believe in," Obama says in an email to Democrats.Read more
Coined is like Malcolm Gladwell for investment bankers, with intriguing anecdotes to close the quick sale while obscuring the larger picture. Money matters: Over the last half-century, the world economy has swung from high inflation to financial crisis to zero interest rates. But Kabir Sehgal, an investment banker, offers “a multi-dimensional and interdisciplinary portrait of currency through the ages” without much ability to tie it together.Read more
Secretary of State John Kerry's warning that Israel will be "blamed" if Congress opposes the Iran agreement conjures up troubling memories of other instances in which Israel or Jews were warned they might be blamed for international conflicts.Read more
Susan Rice, President Obama's national security advisor, said on CNN that at least some money that Iran will receive from the nuclear deal will be used by the regime to support terrorism.
"We should expect that some portion of that money would go to the Iranian military and could potentially be used for the kinds of bad behavior that we have seen in the region up until now," Rice admitted on CNN.Read more
Hillary Clinton has already spent nearly one million dollars on polling. According to the Democratic presidential candidate's first Federal Election Commission disclosure report, the campaign has already spent $904,915.00 on polling.Read more
Hillary Clinton attacked a bank that paid her husband, Bill Clinton, and donated to her family foundation at a speech on the economy today in New York City. The bank Clinton called out was HSBC.
Watch here:Read more
As he has for much of his post-presidency, Bill Clinton was on the road again in June, traveling to Europe at the end of the month for various conferences and other public appearances. After a few days in London, the president popped over to Paris for a day or two to shop at Hermès, a well-known luxury boutique. Such trips, however, do not come cheap. Hotel contracts for the president's Secret Service team for the Paris leg of the trip alone came to over $48,000.Read more
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