Mark Pryor | InvestmentWatch

SENATE APPROVES FIRST BUDGET — IN FOUR YEARS!

The Senate early Saturday passed its first budget in four years by a vote of 50 to 49.

The close vote was a big victory for Senate Majority Leader Harry Reid (D-Nev.) and Senate Budget Chairwoman Patty Murray (D-Wash.), who had to overcome large differences within their caucus to push the resolution through.

Centrist Sens. Kay Hagan (D-N.C.), Joe Manchin (D-W.Va.), Joe Donnelly (D-Ind.), Mark Pryor (D-Ark.), Mark Begich (D-Alaska), Heidi Heitkamp [...]

Kash Mansori: ‘The dangerous game in which the possibility of U.S. government default is a bargaining chip does not seem to be over…’

Grownups have gone quiet on both sides of the political aisle, Kash Mansori writes, as a growing number of Democrats join Republicans in threatening to vote against raising the debt ceiling. “The dangerous game in which the possibility of U.S. government default is a bargaining chip does not seem to be over, and in fact seems to be getting new players.”

From WashPost:

A growing number of Democrats are [...]

More Dems threaten to vote against raising borrowing limit

A growing number of Democrats are threatening to defy the White House over the national debt, joining Republican calls for deficit cuts as a requirement for consenting to lift the country’s borrowing limit.

The tension is the latest illustration of how the tea-party-infused GOP is driving the debate in Washington over federal spending. And it shows how the debt issue is testing the Obama administration’s clout [...]

InvestmentWatch

SENATE APPROVES FIRST BUDGET — IN FOUR YEARS!

More Dems threaten to vote against raising borrowing limit

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