Both of Missouri’s U.S. senators today supported the emergency bill that averts a first-ever government default. The measure, which was the source of months of contentious and partisan debate, raises the nation’s debt ceiling. Republican Senator Roy Blunt says he voted for the bill because it’s a good first step to rein in federal spending.
Durbin opposes short-term extension of debt-ceiling
Democratic Sen. Dick Durbin of Ill. has announced that he wants to extend the debt ceiling until after the 2012 election. He says Republican House Speaker John Boehner’s plan to raise the ceiling as budget cuts are made would do nothing to help the economy, and won’t keep credit agencies from downgrading the nation’s debt. Rather, he says it would lead to higher interest rates.
New conservative ad campaign targets Mo. Sen. McCaskill, among others
Missouri Congressman Todd Akin is revising a decade of federal ethics reports to note his stake in some family real estate matters.
The House Republican, who's running for U.S. Senate, is amending his personal financial disclosure reports for 2001 through 2010 to show his stake in property owned by family partnerships in the St. Louis area and Cape Cod, Mass.
Missouri Sen. Claire McCaskill says the bipartisan “Gang of Six” plan to steer the government away from a first-ever default on its financial obligations makes sense because it helps the deficit and lowers corporate and personal tax rates.
The democratic Senator attended the meeting on Capitol Hill Tues. where some 50 senators from both parties were briefed on the plan. McCaskill says most of the senators are excited about the compromise that was presented.
As budget talks continue in Washington, Sen. Claire McCaskill is accusing GOP leadership of playing politics during negotiations with the president.
Kentucky Sen. Mitch McConnell, the top Republican in the Senate, is proposing to give President Obama sweeping power to, in effect, unilaterally increase the nation’s debt limit to avoid a first-ever default on U.S. obligations.
McCaskill, a Democrat, says McConnell’s plan is purely political.
Missouri Senators Roy Blunt and Claire McCaskill launched the group with senators from North Dakota to look for ways to improve flood control along the Missouri River and keep this year’s flooding from happening again.