Congress does nothing, goes on vacation [1]

GFP Note - The House's Friday adjournment made this the earliest election-year recess since 1960.
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The Baltimore Sun - 9/24/12

Our view: Do-nothing legislators hit the re-election trail, demonstrating how federal tax dollars are truly wasted on payouts to the indolent

The best news to come out of Capitol Hill last week was largely buried in the back pages. It was the statements made by senior Republicans [2] that if President Barack Obama wins reelection in November, they will retreat in their position on raising taxes on high-earners.

Finally, a sign of compromise of some sort. It's hardly a guarantee that Congress will retreat from the looming "fiscal cliff" of massive tax increases and spending cuts that could easily plunge the nation back into an economic recession early next year, but considering how ridiculous and self-destructive the political standoff in Washington has become, it's something.

To read the rest of this story, visit BaltimoreSun.com [3].