Todd Zwillich appears in the following:
Monday, October 31, 2011
The Democrats and Republicans on the deficit reduction 'Super Committee' remain hundreds of billions of dollars apart, just weeks shy of the Thanksgiving deadline. And that's not the only action on the economy this week. They'll also vote on an infrastructure plan, which would provide funds to repair roads and bridges, with money raised from higher taxes on millionaires. The Takeaway's Washington correspondent Todd Zwillich fills in the details.
Tuesday, October 18, 2011
The 2012 Election is more than a year away, but the president and Republican presidential hopefuls are already campaigning, and setting their sights on potential swing states. Tuesday night, the Republican presidential candidates will debate once again, this time in the swing state of Nevada. Meanwhile, President Obama is traveling through the swing state of North Carolina, hoping to rally support for his jobs bill.
Friday, October 14, 2011
Yesterday, Senate Republicans pitched a jobs plan called "The Real American Jobs Act," which includes lowering tax rates and broadening the tax base, and repealing "Obamacare," the Democratic health care reforms. The bill is mainly a round-up of two dozen GOP bills.
Thursday, October 13, 2011
In a moment of bipartisanship, Congress passed three trade bills on Wednesday that had been embroiled in a political stalemate for years. The deals will promote foreign trade with South Korea, Colombia, and Panama. Consensus on the matter supports the idea that both parties think free trade will help the country's ailing economy. The action comes one day after the Senate defeated President Obama's Jobs Bill.
Monday, October 10, 2011
The Takeaway's Washington correspondent, Todd Zwillich talks about economic news from Washington over the weekend, and how politicians from right and left are responding to the Occupy Wall Street protests.
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.