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A New York Times article directly refutes the claims of House Republicans, including Speaker John Boehner, that State Department officials knew immediately that the attacks on a U.S. consulate in Benghazi, Libya in 2012 were connected to “Islamic terrorists.” Fox News willingly repeated the attack on its evening programming May 9 — but now that the Republican distortion has been exposed, will the network clarify its reports for viewers? Boehner called for the release of a State Department e-mail sent in the wake of the Benghazi attacks that he claimed suggested the assault was perpetrated by “Islamic terrorists.” At the House hearing on Benghazi on May 8, Rep.

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Senate Minority Leader Mitch McConnell repeated the siren call that Republicans are not going to give up on repealing Obamacare. But in the same speech at the Conservative Political Action Conference, McConnell admitted there is little plausibility to the idea, since Republicans have already lost . “When it came to Obamacare, we gave it everything we have, everything we have, and we just lost.” McConnell explained that won’t stop Republicans, in a speech where he assured his audience that the GOP is not stuck in the past: This law is a disaster

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Following reports that President Obama was considering proposals to strengthen U.S.

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Fox and right-wing media figures defended Republican House Speaker John Boehner’s decision to cancel a vote on an aid package for victims of Hurricane Sandy. Following sharp bipartisan criticism over that decision, Boehner agreed to a vote this week. Boehner Canceled Expected Vote On Sandy Aid CBS News: “Boehner Temporarily Abandoned Work On The Sandy Aid Bill.” CBS News reported that the “House was expected to vote last night on a $60.4 billion package that would have provided disaster aid to states hit by Sandy more than two months ago,” but Boehner “temporarily abandoned work on the” bill: The House was expected to vote last night on a $60.4 billion package that would have provided disaster aid to states hit by Sandy more than two months ago.

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House Oversight Committee Chairman Darrell Issa (R-CA), who is joining a growing number of Republicans trying to add more spending cuts to the last-minute fiscal cliff deal and send it back to the Senate, joked that Senators may have been drunk when they passed the measure in the early hours of Jan 1. Responding to a question on CNN’s The Situation Room about why fiscal hawks like Sen. Pat Toomey (R-PA) supported the measure in the Senate, Issa implied that the 89 senators voted for the compromise because of the late night partying in celebration of the New Year.

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The United States will hit its borrowing limit on December 31st, according to a just-released letter from Treasury Secretary Timothy Geithner. As a result, Congress must vote to raise the debt ceiling in the next five days or “extraordinary measures” will have to be taken to avoid defaulting on our debt, but this would only buy two months.

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With Congress barreling toward the end-of-year deadline for the so-called “fiscal cliff,” the package of automatic spending cuts and tax increases that will hit at the start of 2013, another potentially damaging deadline is fast approaching. The government will reach its borrowing limit sometime early in 2013, meaning Obama will have to again ask Congress to raise the debt ceiling

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Starbucks has faced scrutiny for what UK lawmakers call “outrageous” and “immoral” tax dodging, along with Amazon and Google. Starbucks’ average tax rate on overseas income is just 13 percent , and it has paid the UK just $13.8 million in the last 14 years. On Thursday, Starbucks promised to pay $16 million more to the UK over the next two years, after coming under fire for its complicated use of tax deductions and inter-company payments: “ Today, I am announcing changes which will result in Starbucks paying higher corporation tax in the UK — above what is currently required by law ,” [Managing Director Of Starbucks UK Kris] Engskov said in the speech to the London Chamber of Commerce “In addition, we are making a commitment that we will propose to pay a significant amount of corporation tax during 2013 and 2014 regardless of whether our company is profitable during these years,” Engskov said.

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Fox’s Chris Wallace falsely claimed that President Obama has proposed a plan where Congress would give up its power to control the debt limit. In fact, under the proposal Congress would still have a role in authorizing debt ceiling increases, while making it more difficult for legislators to cause economically harmful and potentially disastrous crises by holding up necessary increases in borrowing authority. Wallace claimed on Fox News Sunday that the White House is proposing “in effect that Congress gives up its power over the debt limit.” He also said to House Speaker John Boehner that Obama and Democrats “want you, Congress, to give up any powers over voting an increase in the debt limit forever.” In reality, according to reporting from The Washington Post ‘s Ezra Klein, the administration’s proposal maintains a role for Congress in approving debt limit increases

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Media outlets praised Republican presidential candidate Mitt Romney’s speech on foreign policy, calling it “tremendous” and “a fabulous speech that exuded leadership.” But the speech relied on numerous falsehoods, including many that have already been debunked.

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