(CNN) - Republican presidential candidate and Minnesota Rep. Michele Bachmann said the White House is using military personnel as pawns in a political game surrounding the ongoing deficit reduction talks.
"Don't allow our military men and women to dangle over a fire and think they won't get paid," Bachmann said at a press conference on Capitol Hill Wednesday.
(CNN) - President Barack Obama raised more than $86 million for his 2012 re-election campaign in the second quarter of this year, the campaign announced in a video e-mailed to supporters Wednesday.
The figure represents money raised both by the Obama campaign itself and the Democratic National Committee, and comes from 552,462 individuals, campaign manager Jim Messina said.
NEW YORK (CNNMoney) - How much clearer can Ben Bernanke be?
Since February, the Federal Reserve Chairman has issued a stern warning to Congress: if it fails to raise the U.S. debt ceiling by Aug. 2, the economic fallout could be "catastrophic," "self defeating" and "dire."
And yet, here we are in mid-July, with the country only three weeks away from a possible default, and Bernanke is repeating his warning yet again - this time in his semi-annual monetary policy report to Congress.FULL STORY
(CNN) - The Republican National Committee launched its second ad Wednesday as part of a month-long campaign highlighting what they see as President Obama's failed leadership on the economy.
The minute-long spot, "Change Direction," contrasts excerpts from President Barack Obama's speech at the Democratic National Convention in 2008 with the current unemployment rate and national debt. It will air on cable and broadcast stations in Pennsylvania, Michigan, Wisconsin and New Hampshire, all states President Obama won in 2008 in which Republicans hope to be competitive.
Charleston, South Carolina (CNN) - Republican presidential candidate Newt Gingrich had some kind words for a potential opponent Tuesday during a speech to tea party activists in South Carolina.
During a question-and-answer session with the Charleston Tea Party, Gingrich was asked by the moderator, a local radio host, to name "the second best candidate for the Republican nomination."
(CNN) - Republican presidential candidate Rick Santorum picked up an influential Iowa endorsement Wednesday.
Kim Lehman, former president of Iowa Right to Life and an Iowa Republican National Committeewoman, announced her support for the former Pennsylvania senator, known for his socially conservative values.
Washington (CNN) - Michele Bachmann received a jump in the latest national poll of Republican presidential candidates, beat only by frontrunner Mitt Romney.
According to the Quinnipiac University Poll of Republican and Republican-leaning voters released Tuesday, Minnesota Rep. Bachmann garnered 14 percent support, up eight points from a June 8 survey. Her poll numbers have risen considerably since entering the race on June 27.
(CNN) - Democrat Janice Hahn won a special election in California's 36th Congressional District Tuesday to replace former Democratic Rep. Jane Harman, who stepped down earlier this year, according to unofficial results from the California Secretary of State's office.
With 100 percent of the precincts reporting, Los Angeles City Council member Hahn received 54.6 percent of the vote to Republican candidate and businessman Craig Huey's 45.4 percent.
NEW YORK (CNNMoney) - President Obama has put the country on notice that he can't guarantee Social Security and other government checks will go out if the debt ceiling isn't raised by Aug. 2.
So it's worth reviewing just what the fallout could be if lawmakers fail to act on time - either in early August or sooner if markets start to lose confidence that Congress will get its act together.FULL STORY
(CNN) - Republican presidential candidate Mitt Romney will not sign a controversial marriage vow from the Iowa social conservative group, The Family Leader.
"Mitt Romney strongly supports traditional marriage but he felt this pledge contained references and provisions that were undignified and inappropriate for a presidential campaign," said campaign spokeswoman Andrea Saul late Tuesday night.FULL STORY