National Journal Online

Michele Bachmann to Announce Her Candidacy on June 27

Minnesota Rep. Michele Bachmann make her presidential candidacy official June 27, in Waterloo, Iowa, where she lived until she was 12, the Associated Press' Thomas Beaumont reports. Bachmann announced she'd filed the required paperwork with the Federal Elections Commission during the Republican primary debate in New Hampshire this month.

Posted: Wednesday, June 22, 2011 - 1:40pm

Jon Huntsman Is the Anti-Tea Party Candidate

Brand-new presidential contender Jon Huntsman is not just a non-Tea Party candidate, but an anti-Tea Party candidate. It's like he's trying to enrage the most visible activists in the Republican Party's base. He offers civility when they want red meat, a defense of government programs when they want to slash spending. Not only did he serve President Obama, but his family supported Harry Reid--one of conservatives' biggest targets last election whose reelection was for them a major failure.

Posted: Wednesday, June 22, 2011 - 1:40pm

Fed Policies Remain on Track

As expected, the Federal Reserve Board’s policies will remain essentially on hold going into the summer. The Federal Open Market Committee, the Fed’s policy board, announced on Wednesday that it will keep its federal funds rate low for an extended period and will maintain its target federal funds rate range at zero to 1/4 percent.

FOMC will also complete its second round of quantitative easing, a $600 billion purchases of Treasury securities known as QE2, as expected this month.

Posted: Wednesday, June 22, 2011 - 1:40pm

FDA Finds No Health Risks from Silicone Breast Implants

Silicone breast implants appear to be safe, although the surgery itself is not foolproof, the Food and Drug Administration reported on Wednesday.

The FDA released a report summarizing four years of data after the 2006 approval of the implants, which had been scrutinized for evidence they could leak and cause cancer, fibromyalgia, rheumatoid arthritis, and a range of other ills.

Posted: Wednesday, June 22, 2011 - 1:40pm

Obama Impersonator: 'Audience Loved My Stuff'

The big news out of the Republican Leadership Conference meeting in New Orleans last weekend didn't involve a candidate but a president--or rather, a presidential impersonator named Reggie Brown whose comedy set poking fun at the Republican candidates and the president scandalized the organizers.

Posted: Wednesday, June 22, 2011 - 1:40pm

Postal Service Suspends Pension Contributions

The U.S Postal Service this week will suspend payments to its Federal Employees Retirement System account, officials said on Wednesday.

In the face of financial insolvency, the Postal Service on June 24 will halt employer contributions to the FERS defined benefit plan, which the agency estimates will free up $800 million in cash this fiscal year. USPS lost $2.6 billion in the first half of fiscal 2011 and expects to be down $8 billion by the end of the year.

Posted: Wednesday, June 22, 2011 - 12:40pm

Perry To New Hampshire In October

As he continues to mull a White House bid, Texas Gov. Rick Perry has committed to heading to the Granite State in October, further fueling speculation the Republican is inching toward a national run.

Perry will be the keynote speaker at Cornerstone Action's annual gala in New Hampshire, according to a release form the group issued Wednesday. The dinner and awards banquet is slated for October 28th at the Radisson Hotel and Convention Center in Manchester.

Posted: Wednesday, June 22, 2011 - 12:40pm

Report: Economy Drives Insurance Coverage

The likelihood a worker will have employer-sponsored health insurance depends greatly on the state of the economy, according to a new report by the Employee Benefit Research Institute.

A review of Census data from the Survey of Income and Program Participation found coverage rates on a month-to-month basis from December 1995 to December 2009 were affected by the recession and unemployment.

Posted: Wednesday, June 22, 2011 - 12:40pm

Poll: More Americans Say They Are Worse Off Than Before Obama Took Office

Ronald Reagan asked Americans in 1980 if they were better off than they were four years prior -- an argument that resonated deeply and helped him defeat Jimmy Carter that November. President Obama could be vulnerable to the similar argument, according to a new Bloomberg News poll released early Thursday.

Posted: Wednesday, June 22, 2011 - 12:40pm

Look To August For Wisconsin Recall Elections

The three Democratic state senators facing recall elections in Wisconsin will likely not appear on the ballot until August due to active GOP primaries in every race, a development expected to push the election back from its originally scheduled date of July 19.

Tuesday was the filing deadline for the three races, in which Democratic state Sens. Dave Hansen, Robert Wirch and Jim Holperin face recall elections. Two Republicans qualified in each of the three races.

Posted: Wednesday, June 22, 2011 - 12:40pm