August 7, 2011 - 6:00pm
The Senate and House ended the debt standoff with the president by passing the debt deal this past Monday evening.
Connie Mack Calls for Timothy Geithner to Go
Submitted by Kevin Derby on August 8, 2011 - 7:47am
With all the economic problems last week -- from a wild ride on Wall Street to national unemployment remaining at more than 9 percent -- Florida Republican U.S. Rep. Connie Mack called for U.S. Treasurer Timothy Geithner to resign.
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Adam Hasner Rips George LeMieux on Spending
Submitted by Kevin Derby on August 8, 2011 - 7:39am
On Monday morning, former state House Majority Leader Adam Hasner fired the latest shot in the battle for the Republican nomination to take on Democratic U.S. Sen. Bill Nelson in 2012. Hasner and his team took aim at former U.S. Sen. George LeMieux, who is also in the primary, for backing the Task Force For Responsible Fiscal Action which, they argue, is much like the joint committee that was set up after the recent debt-ceiling deal to make recommendations on how to cut spending.
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Are Voters Seeing Rick Scott Morph Into the Real Deal?
August 6, 2011 - 6:00pm
It's a little early for the Rick Scott team to break out the expensive champagne. But maybe a good Merlot is in order.
Tim Mahoney, Former Congressman, Charged With DUI
Submitted by Nancy Smith on August 7, 2011 - 4:00pm
Multimillionaire former Congressman Tim Mahoney was arrested and charged with DUI early Saturday morning. He spent the rest of the night in the Palm Beach County Jail.
According to a story Sunday in Scripps Treasure Coast Newspapers, a police officer found Mahoney, 53, asleep behind the wheel of his car at about 2:45 a.m. Saturday. Under the law, a DUI charge can be filed even if a car isnt moving as long as the driver has actual physical control over the vehicle.
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Tropical Depression Emily No Longer a Factor for Florida
Submitted by Nancy Smith on August 7, 2011 - 10:51am
The remnants of former Tropical Storm Emily moved as a tropical depression into the open Atlantic and away from Florida on Sunday, after dumping rains on the Bahamas.
The storm now is headed toward Bermuda.
The remaining clouds and thunderstorms carried top sustained winds of 35 mph with little change in strength expected over the next 24 hours, the U.S. National Hurricane Center said.
Emily's rains set off flooding that killed four people and forced thousands to evacuate their homes in the Dominican Republic and Haiti over the last few days.
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Video: NFIB Launches Campaign Against Costly Federal Regulations
Submitted by Anonymous on August 7, 2011 - 10:49am
The National Federation of Independent Businesses has launched Small Businesses for Sensible Regulations, a group dedicated to cutting federal red tape.
One of the featured firms is Port Orange-based Thompson Pump & Manufacturing Co., whose president, Bill Thompson, discusses how regulations have impacted his business. See video here.
NFIB said its multiyear campaign aims to give voice to small businesses, which create two-thirds of new U.S. jobs each year.
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National Hurricane Center Gives Emily 80 Percent Chance of Re-Forming
Submitted by Nancy Smith on August 6, 2011 - 3:47pm
Tropical Storm Emily, weakened after passing over mountains in the Dominican Republic on Thursday, has an 80 percent chance of re-forming and strengthening within the next 48 hours, the U.S. National Hurricane Center said.
The remnants of the storm could be forming a tropical depression as it approaches Grand Bahama Island and the Abacos, the Miami-based center said in an advisory posted on its website at 2 p.m. New York time. A U.S. Air Force Reserve plane was sent to determine whether a depression has formed.
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Marco Rubio Creates 'Reclaim America PAC'
Submitted by Nancy Smith on August 5, 2011 - 11:41pm
Republican Sen. Marco Rubio filed paperwork this week with the Federal Election Commission to create Reclaim America PAC. By so doing, he joins other Senate tea-party favs who have created similar political action committees. The idea is to influence races and elect like-minded conservatives in 2012.
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U.S. 'AAA' Credit Rating Downgraded to 'AA+'
Submitted by Nancy Smith on August 5, 2011 - 10:43pm
In spite of admitting it had made a $2 trillion error in calculations, Standard & Poor Friday night downgraded U.S. debt to AA+ from AAA.
The following is the S&P press release:
We have lowered our long-term sovereign credit rating on the United States of America to AA+ from AAA and affirmed the A-1+ short-term rating.
We have also removed both the short- and long-term ratings from CreditWatch negative.
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