Senate Republicans beat back an effort by Democrats Tuesday to end tax breaks for companies who send jobs offshore only to import products back into the United States. The House has passed a series of similar legislation over the past several weeks, as Democrats work to portray Republicans as in the pocket of Big Business at the expense of workers, the economy, the trade deficit and the budget deficit. That message was muddied, however, by the defection of four Democrats and Independent Democrat Joe Lieberman, who voted against the motion to end a filibuster.
"I wish this election would be a simple referendum on this issue," Dick Durbin, the Senate's number two Democrat, said on the Senate floor Monday night. "Who in the world believes that we should be rewarding corporations in our country for shipping jobs overseas?"
Senate Democrats have offered a compromise to Republicans in hopes of getting just a solitary vote tomorrow on sweeping campaign finance disclosure laws.
Addressing GOP concerns that the DISCLOSE Act — which would require unprecedented transparency from organizations spending on campaigns — was authored in an attempt to change the course of the 2010 elections, Sen. Chuck Schumer (D-N.Y.) announced on Wednesday that he will move the start date for the legislation until next year.
"We are willing to change the effective date to January 2011 so that it won't apply to this November's election," Schumer said. "Even if we didn't take this step, the reality is, we are late enough in the election cycle that the law could not realistically take effect in time for this fall. But to show we are willing to work with Republicans, we would offer this as an amendment if we can get onto the bill."
September 18, 2010: In today's weekly address, Presdident Obama spoke about the Citizens United decision, and the gaping loophole it has opened in campaign finance laws. He warned that 'shadow groups' were running deceptive attack ads through front organizations, with no requirement to disclose the source of their finances. Mr. Obama described the flood of right-wing special interest money in the current election cycle as a "power grab" by the Republicans.
Democrat Dan McCready announced Thursday that he’s withdrawing his concession in North Carolina’s 9th Congressional District amid an investigation into potential election fraud. “Today, I withdraw my concession to Mark Harris,” McCready said in a video posted to Twitter while calling … Read More