NEW YORK (CNNMoney) - House Speaker John Boehner indicated Monday that he plans to hold a hard line in debt-ceiling negotiations.
Among his demands: Spending cuts in exchange for support to raise the debt ceiling - and the cuts will have to be greater in magnitude than the ceiling increase.
"Without significant spending cuts and the way we spend Americans' money, there will be no debt limit increase. And the cuts should be greater than the accompanying increase in debt authority the president is given," Boehner said in a speech at the Economic Club of New York.FULL STORY
Washington (CNN) – In his old life, he was known as "Uncle Luke," popularizing sexually-charged songs and videos like "Me So Horny," pushing a porn business, and even seeing one of his albums labeled as so obscene that a lawsuit against it ended up in the Supreme Court.
Now, Luther "Luke" Campbell - of "2 Live Crew" fame - wants to be mayor of the nation's eighth largest county.
NEW YORK (CNNMoney) - The oil execs are coming to Washington.
And that means the long-running battle between Democrats, Republicans and oil companies over tax breaks will intensify on Thursday when industry leaders face questions from the Senate Finance Committee.
At issue: Legislation that would cut $4 billion in oil and gas subsidies.FULL STORY
Washington (CNN) – White House spokesman Jay Carney told reporters Monday that President Obama will meet on Wednesday with the Senate Democratic Caucus, and on Thursday with the Senate Republican Caucus, "to talk about the range of important issues on the legislative agenda, including the need to adopt a balanced approach in confronting the nation's long term deficit challenges."
Carney said the president will meet with House Republican and Democratic caucuses for similar discussions in the coming weeks.FULL STORY
(CNN) - A federal court in Richmond, Virginia, is scheduled to conduct the nation's first appellate review of President Barack Obama's health care overhaul Tuesday, giving the controversial legislation a major legal test.
Federal judges across the country have been divided over the constitutionality of the law's "individual mandate" requiring most Americans to buy health insurance by 2014 or face financial penalties.FULL STORY
(CNN) - Arizona Gov. Jan Brewer said Monday she is "confident" the U.S. Supreme Court will lift the injunction on the state's controversial immigration law, known as SB 1070.
Brewer has asked the justices to lift the court order that is blocking enforcement of parts of the law, which the Obama administration opposes.
"For decades, the federal government has neglected its constitutional duty to secure the border. It is because of that negligence that Arizona was forced to take action to protect its citizens via SB 1070," said Brewer.FULL STORY
Washington (CNN) - Republican Sen. Richard Lugar of Indiana delivered a message to Democratic Rep. Joe Donnelly who launched a challenge against him Monday, saying he's optimistic he can hold onto his seat in 2012.
"I'm very hopeful of course that our early campaigning and fundraising has brought about a situation of continuing strength in Indiana and that we'll be prepared to win the primary and general election," Lugar said in an interview set to air on CNN's "John King, USA" Monday. "I believe we would beat Joe Donnelly."
(CNN) - The Obama administration rolled out another $2 billion in funding Monday for high-speed rail development - part of an ongoing push for infrastructure modernization supported partly by the 2009 economic stimulus package.
Fifteen states and Amtrak will receive the money to back 22 high-speed intercity passenger rail projects. Among other things, the funds will be used to improve speed and service in the Boston-Washington "Northeast Corridor," add faster rail lines in the Midwest, and help spur more efficient train service between Los Angeles and San Francisco.FULL STORY
Washington (CNN) - Add another name to the list of Democrats determined to oust Republican Massachusetts Sen. Scott Brown from his seat.
On Monday, Newton Mayor Setti Warren announced he will run against the first-term Republican in next year's Senate race. The Democratic mayor unveiled a web video that was part personal biography, part anti-Brown attack ad.
(CNN) - Bristol Palin is heading back to television.
The BIO Channel announced today that they will air 10 half-hour episodes of a currently untitled Bristol Palin/Massey brothers docu-series. The new program will center around Palin and her son Tripp's move to Los Angeles, where they will live with actor Kyle Massey and his brother ChristopherFULL STORY