New York (CNNMoney) –– California Governor Jerry Brown vetoed Thursday the budget passed by state lawmakers that relied on spending cuts, fund transfers and one-time revenue boosts. But he allowed legislators to keep collecting their paychecks.
Brown, who has promised for months that he wanted to present Californians with a gimmick-free budget that would solve the state's $26 billion deficit with a combination of tax extensions and spending cuts, said this budget was not a balanced solution.FULL STORY
(CNN) - The Senate Thursday approved a measure scrapping a controversial $6 billion annual subsidy for the ethanol industry.
The lopsided tally was 73 to 27, marking the first time a supermajority of senators voted to do away with the special tax break, originally designed to bolster the nascent bio-fuels industry but now considered by many on Capitol Hill to be an unwarranted taxpayer expense.
WASHINGTON (CNN) - Rep. Anthony Weiner resigned from office Thursday, saying, "Unfortunately, the distraction that I have created" has made it "impossible" to continue his work in Congress.
Weiner apologized "for the personal mistakes I have made and for the embarrassment I have caused" to his neighbors, his constituents, and his wife.FULL STORY
Washington (CNN) – If Anthony Weiner does some day want to make a political comeback, he will certainly have the cash to do it. The New York City Campaign Finance Board database shows that he has $4.5 million in cash for what was supposed to be his 2013 race for New York mayor. Until the scandal, he was widely seen as the front-runner.
He also has more than $300,000 cash on hand for his Congressional election campaign.FULL STORY
(CNN) - As embattled New York Rep. Anthony Weiner resigns Thursday, questions about the future of the 9th Congressional District of New York hang in the balance.
The 9th District, which includes Brooklyn and Queens in New York City, has been Weiner's home district for the past seven terms-roughly thirteen years. Brooklyn was the staging ground for his resignation announcement Thursday. But after Weiner has left the House chamber for good, someone is elected to fill his seat for the remainder of his seventh-term, and 2012 elections approach, will the district still exist?
Washington (CNN) - Sen. Orrin Hatch's re-election campaign says a leading grassroots conservative organization, that's calling on the longtime Republican senator from Utah to retire, is wasting their money.
"It's a curious decision by FreedomWorks considering Orrin Hatch agrees that a limited government is essential to rebuilding our country. If FreedomWorks is anxious to spend their money, why not put it into defeating Barack Obama in the Presidential race?" says Hatch campaign manager Dave Hansen in a statement to CNN.
(CNN) – Despite the increased spotlight on Texas Governor Rick Perry, who is flirting with a possible presidential candidacy, he will not be on the straw poll ballot at a major gathering of Republicans in New Orleans this weekend.
Perry, who recently said he is thinking about a run for the White House, will speak Saturday at the Republican Leadership Conference, just a few hours before results of the GOP presidential nomination straw poll are announced.
(CNN) - It's no surprise that Tim Pawlenty is ramping up his campaign efforts in Iowa.
Thursday the former Minnesota governor and 2012 Republican White House candidate started sending out mailers to voters in neighboring Iowa, which holds the first contest in the presidential caucus and primary calendar. And CNN has confirmed that Pawlenty will spend about 15 days in the Hawkeye state next month, in advance of an important straw poll in Ames, Iowa on August 13.