If you've visited the Prospect's homepage recently, you'll have noticed a clock counting down to midnight today. By the end of the day the federal debt will reach its congressionally set limit of $14.294 trillion. Does that mean the government will default on its debt today? Not quite. Treasury Secretary Tim Geithner has a box of tools that allows him to reconfigure the government's books, temporarily keeping the lights on and still paying creditors interest on government bonds. Geithner has stated that he can continue tinkering with government operations until Aug.
Former President George W. Bush set the record straight on the important activity he was engaged in when President Obama informed him that Osama bin Laden had been killed:
"I was eating souffle at Rise Restaurant with Laura and two buddies," Bush said when asked what he was doing when he received the call from President Obama
Bush sold himself as the down home, folksy candidate during both his presidential campaigns -- as opposed to John Kerry, an elitist who went windsurfing. Bush was the candidate people would most want to share a beer with.
He may not place very high in the polls and comes across as one of the blandest candidates in the field, but my hunch is that former Minnesota Gov. Tim Pawlenty should be viewed as the favorite to secure the Republican nomination next year.
The Texas legislature just can't stop tinkering with their voting laws. Earlier this week, I detailed two new bills that are primarily designed to limit access to the polls: one requires voters to present photo identification, the other puts restrictions on who can register new voters.
I'm siding with the Prospect'sJamelle Bouie overPaul Waldman on Jon Hunstman's decision to enter the 2012 presidential field. Between his moderate record and Republican primary voters' sharp rightward swing since the Tea Party came along, there doesn't seem to be a viable path for Huntsman to win the GOP nomination.