Todd Zwillich appears in the following:
Wednesday, September 21, 2011
A vote scheduled by House Speaker John Boehner (R-OH) on a stopgap bill, known as a continuing resolution, to keep the government funded through November 18 has become unexpectedly controversial. The government could be headed for a shutdown, as Democrats have vowed to block a provision of the bill concerning funding for the Federal Emergency Management Agency. The bill includes $1 billion in immediate funding for cash-strapped FEMA, but offsets the spending with cuts to the Energy Department's Advanced Technology Vehicles Manufacturing Loan Program. Todd Zwillich, The Takeaway's Washington correspondent, has the latest on the story.
Friday, September 09, 2011
President Barack Obama addressed a joint session of Congress and television viewers across the country last night, presenting a $447 billion package of tax cuts and new government spending meant to increase jobs in America. Obama urged Congress to "pass this jobs plan right away." After the speech, House speaker John Boehner said "The proposals the president outlined tonight merit consideration." Will Obama's plan pass through Congress and, more importantly, will it work?
Wednesday, September 07, 2011
In advance of tomorrow night's Republican presidential debate — the second for GOP candidates hoping to run in the 2012 election, and first for Texas Gov. Rick Perry — former Massachusetts governor Mitt Romney unveiled a plan to boost economic growth, in a speech yesterday in Las Vegas, Nevada. It hasn't seemed to boost his standing yet — a new poll shows Perry in the lead over Romney and other GOP candidates.
Monday, September 05, 2011
Last week, we discussed the state of the nation’s job market, and the news was not good. No new jobs were created in August, meaning unemployment is stuck at 9.1 percent. How to get the job market moving will be the subject of intense debate this week, as Congress returns from its summer recess and the President outlines his strategy. We’ll also see the first meeting of the deficit reduction committee responsible for cutting $1.5 trillion from the budget. So it’s a big week for Congressmen and women, who recently haven’t shown a fondness for compromise.
Friday, August 05, 2011
Senate Majority Leader Harry Reid announced Thursday that Congress has struck a deal to fund the Federal Aviation Administration, ending a weeks-long partisan impasse that kept 4,000 FAA workers off the job, and tens of thousands out of work in airport construction. The Senate will ensure that a deal can be made before lawmakers leave for August vacation, and the bill will fund the agency through September 16.
Wednesday, August 03, 2011
The fight over the debt ceiling is over in Washington, but another showdown over government funding is still dividing Congress. Since July 22, the Federal Aviation Administration has been partially shutdown, waiting for Congress to make a decision on its funding. As a result, thousands of F.A.A. workers are being furloughed — and won’t get back to work until after the recess in September.
Tuesday, August 02, 2011
With the debt deal in place, our Washington correspondent Todd Zwillich looks to what the political costs may be — and what groups have been pitted against each other for 2012. (Troops vs. Medicare? Wealthy Americans vs. Troops?) How will this debate play out for the Republican presidential candidates? Plus, what will we see before 2012, when the next deficit reduction package has to pass in the fall of this year?
Monday, August 01, 2011
The August 2 deadline for Congress to agree on a budget deal and avoid defaulting is looming uncomfortably close. Last night, President Obama and Senate Majority leader Harry Reid said tonight that congressional leaders of both parties have agreed on a plan to lift the debt ceiling. They will present the plan to their caucuses this morning, and hope for the measure to pass through votes by both the House and Senate, in order to avoid a U.S. default by August 2.
Thursday, July 28, 2011
Wednesday, July 27, 2011
Despite plenty of drama and public rhetoric in the battle over the U.S. debt ceiling, President Obama and House Speaker John Boehner have not yet reached a compromise. The deadline is looming as is the possibility the country will have to default on its $14.3 trillion of debt. As time marches on, analysts are starting to think seriously about what would happen if no deal can be reached. A vote was expected today in the House on Boehner’s last bid to increase the debt limit and cut spending — but that all fell apart last night when Tea Party Republicans refused to vote for it.
Tuesday, July 26, 2011
President Obama stood before the nation and pleaded with Congress to come to an agreement as soon as possible, in a prime-time speech to the American public last night. "We can't allow the American people to become collateral damage to Washington's political warfare," he said. House Speaker John Boehner immediately followed Obama's speech with his response, agreeing that the debate needs to be resolved, but urging Obama to sign on to the Republican proposal to raise the debt limit.
Monday, July 25, 2011
House Speaker John Boehner is betting that Americans want to cut spending only and not raise taxes. President Obama is betting that Americans see the White House as offering options to Congress — whether or not legislators take any of them. So whose bet will result in a win, whose will be a loss, and how will the gambling impact Americans and the world economy? Todd Zwillich, The Takeaway's Washington correspondent, talks about the latest news and how it's playing out.
Friday, July 22, 2011
There are two major stories in the news both revolving around deals that have been held up by long, entrenched standoffs.
First, the debt debate wages on in Washington. After hours of closed-door meetings with high-level members of Congress, rumors floated around Capitol Hill yesterday that President Obama and Speaker of the House John Boehner were close to reaching a debt deal that would call for as much as $3 trillion in savings.
Wednesday, July 20, 2011
The Takeaway's Washington correspondent, Todd Zwillich, called it correctly on yesterday's show, saying that the Gang of Six — a bipartisan group of senators who have been trying to formulate a deficit-reduction plan for months — would make a comeback. President Obama praised praised the group's proposal yesterday, calling it a "very significant step" toward a budget negotiation.
Tuesday, July 19, 2011
Later today, the House of Representatives will vote on the "cut, cap and balance" plan being pushed by House Republicans as a prerequisite for raising the country's debt ceiling. The plan is expected to pass in the House, where Republicans hold a majority, but will likely die in the Democrat-controlled Senate. President Obama has already said he will veto the bill.
Monday, July 18, 2011
Another weekend has passed with little progress made on reaching a compromise to raise the nation's debt ceiling. This week, Republicans say they'll vote on their new "cap, cut and balance" plan. The plan may get enough support to get past the House, but it's looking less likely in the Senate. Todd Zwillich, Takeaway Washington correspondent, previews what we can expect in the budget battle this week.
Thursday, July 14, 2011
Responding to concerns that lawmakers in Washington will fail to reach an agreement on raising the country's debt threshold, credit ratings agency Moody's placed the U.S.'s credit rating under review for the first time since the federal government shutdown in 1995. The U.S. still risks losing the Aaa rating it has had since 1917, even if lawmakers come to a last minute agreement before the August 2 deadline.
Wednesday, July 13, 2011
As the August 2 deadline to raise the debt ceiling draws closer, there's more talk about the dire economic consequences that will ensue if policy makers in Washington fail to reach an agreement on a budget plan. Senate Republican leader Mitch McConnell says that a bipartisan agreement is not likely to happen, and has proposed a plan in which the president could increase the federal debt limit without Congressional approval.
Tuesday, July 12, 2011
Another shot has been fired in the ongoing negotiations between President Obama and Republican Congressional leaders to raise the nation's debt limit before the August 2 deadline. Obama challenged Republicans in a press conference on Monday, saying that it was time for the GOP to back up rhetoric about tackling the country's long-term debt problems. Republicans leaders have said they will seek a smaller deal with more cuts to social program and no tax increases on the wealthy. Lawmakers will return to the White House for more negotiations this afternoon.
Monday, July 11, 2011
President Obama will meet with Congressional leaders today to try and revive a $4 trillion deal to reduce the deficit and avoid a default on the national debt, a day after Speaker John Boehner rejected any agreement on that scale. Boehner says the parties should aim for a $2 to $3 trillion deal, because a larger deal would require tax increases. But President Obama says a larger deal would be easier to implement. Negotiations continued last night at the White House.