Oil surged to record highs above $78 a barrel on Friday as intensifying violence in the Middle East raised concerns of possible supply disruptions.
The Congressional Budget Office estimates the Iraq war could cost anywhere between $202 billion and $406 billion more over the next decade, depending on how quickly U.S. force levels are reduced.
Senators from the “Gang of 14” expressed concern yesterday over President Bush’s nomination of William J. Haynes II to the 4th Circuit, heightening the likelihood that the nomination will be filibustered or outright defeated.
“Less than two months after voting overwhelmingly to build 370 miles of new fencing along the border with Mexico, the Senate yesterday voted against providing funds to build it.”
33 House conservatives voted against the renewal of the Voting Rights Act yesterday, and a majority of House conservatives voted for several “potentially killer amendments” that were nonetheless defeated. Read more
