Fri. May 16, 2008
Republican Gambit On The House Floor Leads To Troop Funds Being Shot Down
The House Thursday voted down providing $162.5 billion to fund the troops in Iraq and Afghanistan for the rest of FY08 and part of FY09 after 132 Republicans voted present and most Democrats, who oppose the war, voted against the funding, resulting in an unusual 149-141 vote.
House Panel Vote Shapes Extenders Debate
The House Ways and Means Committee Thursday approved a $57 billion tax bill backed by an array of interests ranging from multinational financial services and manufacturing firms to advocates for the poor on a near party-line, 25-12 vote.
Dodd And Shelby 'Virtually Very Close' To Housing Deal
Top Senate Banking Committee members said they were very close to a deal Thursday night on legislation to provide new oversight to mortgage giants Fannie Mae and Freddie Mac, with language that would use the two's assets to fund a proposal for the Federal Housing Administration to insure up to $300 billion in new mortgages for troubled borrowers.
Markup Reports
House Armed Services Approves $601.4 Billion Defense Package
The House Armed Services Committee finally approved a $712 billion FY09 defense authorization bill after a marathon session that started Wednesday morning and wrapped up early Thursday.
White House Threatening To Veto War Supplemental Bill
The White House issued a veto threat today against the emergency supplemental war funding package because the bill would impose limitations on military commanders in the field, provide unrelated domestic funding and raise taxes.
THE BIG RACE
A Plan For A Grand New Party
If the darkest hour is just before dawn, Republicans have to be hoping the alarm clock will shortly jolt them from their long, painful nightmare.
TechCentral: Today's Top News
• Telecommunications: Senate Says No To FCC Ownership Rules
• Intellectual Property: Senate Panel OKs 'Orphan Works' Bill
• Intellectual Property: Anti-Piracy Caucus Releases Watch List
Read CongressDaily's TechCentral, the latest on tech policy.
Superdelegates On Capitol Hill: The Latest Count
Illinois Sen. Barack Obama has pulled ahead of his archrival, New York Sen. Hillary Rodham Clinton, in the battle for the hearts and minds of members of the House and Senate who will be “superdelegates” at this year’s Democratic National Convention. For a detailed list of Capitol Hill endorsements for Clinton and Obama, along with other features providing news and background information in advance of this year’s congressional elections, click here to check our Campaigns 2008 page regularly.
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