Poll: Debt ceiling deal should include cuts and tax increases
July 18th, 2011
11:54 PM ET
3 years ago

Poll: Debt ceiling deal should include cuts and tax increases

(CNN)-As the debt ceiling clock ticks down, a new poll indicates that more Americans favor a balanced approach to reaching a deal resolving the nation's budget deficit.

According to a CBS News Poll released Monday, 66 percent of Americans say an agreement to raise the amount of money the nation can borrow should include both spending cuts and tax increases.
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Filed under: Budget • Debate • Debt • Polls
RNC maps out White House foul
July 18th, 2011
10:57 PM ET
3 years ago

RNC maps out White House foul

Washington (CNN)-It's never too early to play hardball presidential politics. Republican National Committee Chair Reince Priebus penned a letter to Attorney General Eric Holder asking for an investigation of an "apparent crime" committed by President Barack Obama Monday.

According to Priebus, the crime was committed by the president, in the Map Room, with a video.
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Filed under: 2012 • President Obama • Reince Priebus • RNC • White House
Coburn offers his own budget plan
July 18th, 2011
09:05 PM ET
3 years ago

Coburn offers his own budget plan

Washington (CNN) – Sen. Tom Coburn, R-Oklahoma, released his version of a budget plan Monday, saying his ideas would save the country $9 trillion over 10 years.

Coburn, who was once part of the so-called Gang of Six - a bipartisan group of senators working towards a deficit reduction plan - said the time to solve America's debt problem is now. Coburn called the debt the largest national security threat in the country.
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Filed under: Budget • Debt • Deficit • Tom Coburn
Debt gang to unveil plan to other senators Tuesday
Senate Budget Chairman Kent Conrad, D-North Dakota
July 18th, 2011
07:59 PM ET
3 years ago

Debt gang to unveil plan to other senators Tuesday

Washington (CNN) – Members of a bipartisan group of senators who worked for months to forge an agreement to make deep reductions in the federal debt will unveil a plan to slash trillions of dollars off that debt over the next 10 years.

The former Gang of Six members will reveal their plan privately Tuesday to a group of 40 to 50 senators.
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Filed under: Debt • Deficit • Dick Durbin • Kent Conrad • Saxby Chambliss • Tom Coburn
A look at Mitt Romney's $10 million day
July 18th, 2011
07:52 PM ET
3 years ago

A look at Mitt Romney's $10 million day

(CNN)–While Mitt Romney was still in the exploratory phase of his presidential campaign, he held a daylong fund-raiser in Las Vegas on May 16 with 800 participants dialing for dollars. When it was over, his presidential exploratory committee touted the strength of the effort, saying it had "raised $10.25 million in connection with today's call day fund-raiser."

But did he really?
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Filed under: 2012 • Fundraising • Mitt Romney
Cheat Sheet: Debt ceiling consequences
Billboard featuring U.S. debt clock on July 11, 2011.
July 18th, 2011
07:12 PM ET
3 years ago

Cheat Sheet: Debt ceiling consequences

Capital Hill (CNN) – What exactly would happen if Congress does not raise the debt ceiling before Aug. 2?

In this week's American Sauce podcast, we lay out the specifics, including why August is particularly a difficult month for this to happen. We also summarize the debt negotiations so far through the eyes of two Hollywood screenwriters. Listen here.


Leave comments below.

Or follow our cheat sheet.
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Filed under: American Sauce • Debt • Deficit
Will Perry answer the 'call'?
July 18th, 2011
06:51 PM ET
3 years ago

Will Perry answer the 'call'?

Austin, TX (CNN) - Rick Perry may have gotten the sign he's been waiting for.

Standing on the sidelines in the race for 2012, the Texas governor on Monday visited a video game manufacturer in Austin where designers came up with a unique way to get the potential Republican candidate on the playing field.
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Filed under: 2012 • Rick Perry • Texas
Bachmann signs 'Cut, Cap and Balance' pledge–on her terms
July 18th, 2011
05:22 PM ET
3 years ago

Bachmann signs 'Cut, Cap and Balance' pledge–on her terms

(CNN)-Minnesota Rep. Michele Bachmann changed her mind about signing the "Cut, Cap and Balance" pledge, but made a critical addition before doing so.

Bachmann is seeking the 2012 GOP nomination for president and previously vowed that she would not sign the pledge because it didn't go far enough.

But the three-term congresswoman remedied that concern Monday when she signed onto the agreement endorsed by nine other GOP presidential candidates, and added on a condition of her own: that candidates agree to repeal and defund health care reform legislation passed over one year ago and signed into law by President Obama.
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Filed under: 2012 • Budget • Debt • Deficit • Michele Bachmann
Warren: 'I really don't get it'
July 18th, 2011
04:13 PM ET
3 years ago

Warren: 'I really don't get it'

(CNN)-White House adviser Elizabeth Warren will not helm the new Consumer Financial Protection Bureau permanently after all, but she's not losing sleep over it. Instead, she plans on thinking of another kind of political future once she passes on the baton of leading the agency.

She wouldn't confirm or deny current thoughts of a Senate challenge to Massachusetts GOP Sen. Scott Brown, but she did reveal where heavy thinking may take place in an interview with CNN anchor Wolf Blitzer Monday.
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Gay conservative group requests meeting with Bachmann
July 18th, 2011
04:11 PM ET
3 years ago

Gay conservative group requests meeting with Bachmann

Washington (CNN) – A prominent, conservative gay group has asked Republican presidential candidate Michele Bachmann for a meeting.

This follows much grumbling in the the gay and lesbian community regarding the congresswoman's policy positions and controversy surrounding the Christian counseling business co-owned by Bachmann and her husband.
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Filed under: 2012 • Michele Bachmann
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