Among the top priorities for some GOP House leaders is challenging a raise of the nation’s debt ceiling. On Thursday, House Republicans told the White House that its request to raise the debt ceiling, which currently stands at $14.3 trillion, will not be considered without federal spending cuts.
As the Obama administration is poised to enact a sweeping infringement of the right of Americans to keep and bear arms in the states bordering Mexico, the only thing which may stand in the way is not the Republican-dominated House of Representatives, but the Federal Paperwork Reduction Act.
The Securities and Exchange Commission is preparing to investigate the State of California for alleged failure to disclose information on its enormous public pension fund. The Golden State will be the second ever to have enforcement actions taken against it by the SEC, after New Jersey was charged with securities fraud last year. The SEC is attempting to make the case that California’s public pension funds were a risky investment and that California misled the investors about the risk. If the SEC is able to prove their case, it may have an impact on the financial reporting of other public funds. The New York Times reports:
On Dec. 7 MSNBC.com reported that the government has conceded there’s too much fluoride in the water, and plans to lower recommended levels — the first change in nearly 50 years.
State lawmakers, led by State Legislators For Legal Immigration (SLLI) founder Daryl Metcalfe, met in Washington D.C. Jan. 5 to unveil model legislation regarding the 14th Amendment. Joined by constitutional scholars, they held a press conference on the same day as the swearing-in of the 112th Congress.