The Tea Party Patriots are angry… again, or at least one of member of the political group isn’t a happy camper on learning that the House of Representatives passed an increase in the federal government’s debt ceiling to pay its previously approved bills. “A clean debt ceiling is a complete capitulation on the speaker’s part and demonstrates that he has lost the ability to lead the House of Representatives, let alone his own party,” charges Jenny Beth Martin, a co-founder of the Tea Party Patriots. “It is time for him to go.”
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US retail sales are expected to rise 0.2% in tomorrow’s January report vs. the previous month, according to The Capital Spectator’s median econometric forecast. The prediction matches the previously reported 0.2% increase for December. Meanwhile, the Capital Spectator’s median projection for January is above a trio of consensus estimates based on recent surveys of economists.
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