(CNN) – Sarah Palin has a response to President Obama's State of the Union address: "WTF?!"
Making light of the acronym for the new White House initiative "Winning the Future," which inconveniently shares the same as that of "What the (blank)," Palin told Fox News Wednesday the president's speech was riddled with "a lot of WTF moments."
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(CNN) - Sharron Angle, the Tea Party-backed underdog who in last year's midterm election came close to defeating Senate Majority Leader Harry Reid, may be setting her sights on another high profile political job.
Speaking at a premiere for a conservative Christian movie in Iowa Wednesday night, the Nevada Republican would not rule out a run for president, saying only, "I have lots of options for the future, and I'm investigating all my options," according to the Des Moines Register.
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Time reports that Mark Salter, a senior campaign adviser for former presidential candidate John McCain, is the author of the anonymous political novel “O.” The mysterious soon-to-be-released fictitious account of President Barack Obama's upcoming campaign for re-election has left politicos scraping to figure out the identity of the well-informed author.
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(CNN) – He insists he isn't running for president yet, but former ace businessman and Massachusetts Gov. Mitt Romney is already touting his credentials for the top job.
"I don't know who all is going to get in the race, but I do believe that it would be helpful if at least one of the people who's running in the Republican field had extensive experience in the private sector – in small business, in big business," said Romney Wednesday, who made millions after founding a venture capital firm.
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New York (CNNMoney) - There will be lots more state workers joining the unemployment line this year.
Public employees are getting hit hard in the latest round of spending cuts as state officials look to close billion-dollar deficits. Governors across the nation are promising to eliminate thousands of positions and freeze or reduce salaries.
Washington (CNN) - House Speaker John Boehner backed off Wednesday from a previous call to raise the eligibility age for Social Security benefits, but still described the idea as logical.
In an interview on CNN, Boehner, R-Ohio, said he made a mistake in advocating such a change to the government-run pension plan without first reaching an understanding of what needed to be done to reduce the federal deficit.
The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. Click on the headlines for more.
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CNNMoney: Tax cut deal pushes deficit to $1.5 trillion
The federal deficit for 2011 will hit $1.5 trillion, driven higher by the "slow and tentative" economic recovery and the bipartisan tax cut deal passed late last year, the Congressional Budget Office said Wednesday. The deficit forecast would equal to almost 10% of the economy. And if lawmakers extend many of today's current policies otherwise set to expire soon, the national debt would likely rise by $12 trillion over the decade from 2012 to 2021. That is about $5 trillion more than would be the case otherwise and would bring total debt to $23 trillion, the CBO said.
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