Webb to GOP: Don’t destroy the U.S. economy in order to save it

Mr. President, I would like to express my support for the Majority Leader’s plan to raise the debt ceiling and reduce the deficit. Our nation, as we all know, faces a looming crisis. The markets have already warned us. Businesses are already postponing investments. We know the consequences of inaction; they are predictable: Borrowing costs…

Senate passes Webb amendment to end ethanol subsidies and tariffs

Today, the Senate overwhelmingly approved Sen. Jim Webb’s amendment to eliminate the Volumetric Ethanol Excise Tax Credit and repeal the import tariff on foreign ethanol. The measure, which he co-sponsored with Senators Tom Coburn (R-Okla.) and Dianne Feinstein (D-Calif.), passed with bipartisan support in a 73-27 vote and will save taxpayers $6 billion annually. “Eliminating…

The AFP on WREL: Fueling up for the Senate race

Chris Graham

AFP editor Chris Graham talks business and politics on WREL-1450AM’s “Online with Jim Bresnahan.” The segment begins with a look at gas prices. Expected to be at record highs by the upcoming Memorial Day weekend, they’ve actually been on the retreat in recent weeks. Why, and what impact will declining prices at the pump have…

Warner pushes streamlining measure in Senate

Chris Graham

U.S. Sens. Mark R. Warner (D-VA) and Tom Coburn (R-OK) introduced a bill today that would require the Office of Management and Budget to reduce at least $5 billion in federal spending by eliminating, consolidating, or streamlining government programs and agencies with duplicative and overlapping missions. The proposal reinforces the need for Congress to take…

Gov. McDonnell, Senate Dems go toe-to-toe over redistricting

Contributors

Gov. Bob McDonnell on Friday vetoed the redistricting plans approved by the Virginia General Assembly, citing issues with the plan passed by the Democratic-majority Senate. Senate Majority Leader Dick Saslaw vowed that Senate Democrats will not back down. “The only thing Governor will accept is absolute surrender on the part of the Democrats of the…

Kaine announces Senate candidacy: ‘We’ve got to be unified’

Chris Graham

Former Virginia Gov. Tim Kaine is in the running for the soon-to-be-open U.S. Senate seat currently held by Democrat Jim Webb. “I’m running for the United States Senate because America has big challenges, and I’m convinced that Virginia has answers to help strengthen our nation,” Kaine said in a video released today that announced his…

Poll: Kaine early choice of Dems in 2012 Senate race

Chris Graham

Tim Kaine has the solid support of Democratic primary voters in the early, early runup to the 2012 U.S. Senate race. The former governor and current chairman of the Democratic National Committee was the choice of 53 percent of those polled by Public Policy Polling late last month. Congressman Bobby Scott and former congressmen Tom…