Full Text Political Headlines January 26, 2013: GOP Weekly Address: Sen. John Thune on Creating a Clear Federal Spending Blueprint

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

THE HEADLINES….

GOP Weekly Address: Sen. Thune on Creating a Clear Federal Spending Blueprint

Source: ABC News Radio, 1-26-13

United States Senate

With the fiscal cliff debate nearly a month behind us, Sen. John Thune, R-S.D., says now is the time to address “the real cause of Washington’s fiscal mess — out-of-control spending.”

“Washington is addicted to spending your money,” Thune says of the growing national debt, which now totals more than $16 trillion.

In this week’s Republican address, Thune urges Congress to approve a federal budget, complete with a “clear spending blueprint” and plans for entitlement reforms….READ MORE

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Political Headlines January 26, 2013: Senator Tom Harkin Set to Retire from Congress in 2014

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

THE HEADLINES….

Senator Harkin Set to Retire from Congress

Source: ABC News Radio, 1-26-13

Chris Maddaloni/CQ Roll Call

On Saturday, Senator Tom Harkin (D-IA) released a statement saying he would not seek reelection for his U.S. Senate term expiring in 2014.

Harkin said, “I’m 73 years old right now.  At the end of this term I’ll be 75.  When the current Congress is over, I will have served in the United States House of Representatives and the U.S. Senate for a total of 40 years.  After 40 years, I just feel it’s somebody else’s turn.”…READ MORE

Political Headlines January 26, 2013: President Barack Obama’s Weekly Address: Holding Wall Street Accountable

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

THE HEADLINES….

President Obama’s Weekly Address: Holding Wall Street Accountable

Source: ABC News Radio, 1-26-13

Official White House Photo by Pete Souza

Earlier this week, President Obama made clear that in his second term he plans to hold Wall Street accountable for wrongdoing when he nominated two former prosecutors to be top financial regulators.

In his weekly address, Obama’s highlights why he nominated Mary Jo White to lead the Securities and Exchange Commission and re-nominated Richard Cordray to continue leading the Consumer Financial Protection Bureau.

“Mary Jo White has decades of experience cracking down on white-collar criminals and bringing mobsters and terrorists to justice,” the president says. “At the SEC, she will help complete the task of reforming Wall Street and keep going after irresponsible behavior in the financial industry so that taxpayers don’t pay the price.”…READ MORE

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