Off the Tracks: In an incident that just beggars the imagination, as least 261 people were killed yesterday and 900 injured in a train wreck in eastern India. Initial reports say that that 10 to 12 coaches of one train derailed …

The Showdown is Over: The Senate voted 63-to-36 last night to end the  political showdown over the national debt and budget that’s been threatening a government shutdown. President Biden said he will sign the bill.   Putting  a winning spin on it, Biden said …

On History: In the end it was the Democrats who provided the votes to pass Republican House Speaker Kevin McCarthy’s compromise on budget and debt, with more Democrats voting in favor than Republicans.   Attempting to whip up the vote, McCarthy had …

Internal Revolt: The hardest of the hard right wing Republicans are in revolt over the debt and budget deal agreed to between Speaker Kevin McCarty and President Biden, threatening whether the deal can pass Congress. As many as 30 Republicans have …

On the Money: Congress has until June 5th to approve the budget and debt ceiling deal reached over the weekend before the federal government goes into default on its debts and bills.   It’s not a slam dunk. Party leaders will have to …

The Deal: The House Republican leadership agreed to a two-year lifting of the federal debt ceiling in exchange for a two-year freeze on what’s known as discretionary spending — that’s most of the programs for which Americans depend on the federal government. …

Money Crunch: Treasury Secretary Janet Yellen said that the government will run out of money by June 5th, four days later than the original projection, but still not leaving a lot of time for House Republicans and the White House to …

Arms and the Man: Stewart Rhodes, the founder and leader of the Oath Keepers with the pirate’s eye patch, was sentenced yesterday to 18 years in federal prison for seditious conspiracy in connection with the January 6th Capitol insurrection. It is the longest …

It’s Political: Rich Lowry of The National Review wrote about Florida Gov. Ron DeSantis that “It’s never a good sign when political analysts are writing ‘What Went Wrong?’ stories about your presidential campaign before it’s announced.     And then things went wrong …

Debt and Debate: A Washington think tank that tracks federal spending says the US will be dangerously close to default on its debt after Memorial Day.    “Come early June, Treasury will be skating on very thin ice that will only get thinner …