Evan Bayh’s Exit and the Failure of Liberal Governance – WSJ.com

The political retirement of Evan Bayh, at age 54, is being portrayed by various sages as a result of too much partisanship, or the Senate's dysfunction, or even the systemic breakdown of American governance. Most of this is rationalization. The real story, of which Mr. Bayh's frustration is merely the latest sign, is the failure […]

Congress raises debt ceiling to $12.4 trillion – AP

The Senate voted Thursday to raise the ceiling on the government debt to $12.4 trillion, a massive increase over the current limit and a political problem that President Barack Obama has promised to address next year. The Senate’s rare Christmas Eve vote, 60-39, follows House passage last week and raises the debt ceiling by $290 […]