WASHINGTON: What will happen if President Obama vetoes the National Defense Authorization Act? No one really knows. We’ve pinged a number of experienced staff and other experts and no one really knows the likely consequences of a veto. It looks likely that troops will get paid, weapons bought, and operations paid for, albeit at lower…
By Colin Clark and Sydney J. Freedberg Jr.Updated with Loren Thompson & Byron Callan comment WASHINGTON: Rep. Kevin McCarthy’s sudden exit from the House Speaker race raises the chance of a fiscal disaster — but it also raises the odds of a desperate budget deal. Both extremes just got more likely. Ironically, this deepening leadership void elevates the role of Rep. John…
By Sydney J. Freedberg Jr.WASHINGTON: Speaker John Boehner, that always-tanned, often crying fellow who has led House Republicans since 2010, appears to have given up after new challenges from fiscal radicals in the Republican Party and announced his resignation this morning. Boehner, a Catholic, campaigned for 20 years to bring a Pope to Congress. Yesterday he got his wish and…
By Colin Clark