Tales from the Trail
Labor Day is no day off for President Barack Obama and the Republicans who want his job. The holiday to pay tribute to American workers traditionally marks the start of the general election campaign. And although 15 months remain before the 2012 election, you’ll find the 2012 White House hopefuls on the road Monday hoping to score points with voters.
Republican presidential hopeful Mitt Romney, who has criticized President Barack Obama for taking a nine-day vacation at a time of high unemployment, filed for permits to almost quadruple the size of his oceanfront home in La Jolla, California.
Amid the political fingerpointing over which party will catch the blame if Congress fails to raise the $14.3 trillion debt limit, comes the stark reality of what bills get paid after Aug. 2, if the U.S. government can’t borrow more money.