Debt fallback plan gains momentum as GOP plans symbolic votes
July 18th, 2011
12:50 PM ET
3 years ago

Debt fallback plan gains momentum as GOP plans symbolic votes

Washington (CNN) – Top administration and congressional officials are expected to continue working this week on a measure to raise the federal debt ceiling by up to $2.5 trillion, embracing a version of a fallback plan designed by Senate Minority Leader Mitch McConnell to avoid a potentially catastrophic default.

At the same time, GOP leaders are planning a series of votes on a proposed balanced budget amendment to the Constitution and sharp caps on future spending. The bills have no chance of clearing Congress or winning the approval of President Barack Obama, but would allow Republicans to demonstrate their preference for steps favored by their party's conservative base.

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Filed under: Congress • Debt • Deficit • President Obama • Republicans
Poll: Debt ceiling blame game
July 18th, 2011
10:18 AM ET
3 years ago

Poll: Debt ceiling blame game

Washington (CNN) – A plurality of Americans disapprove of how President Barack Obama is handling debt ceiling negotiations, but Congress fares much worse, according to a new national survey.

A CBS News Poll released Monday morning indicates that 48 percent of the public gives the president a thumbs down on how he's handling talks with federal lawmakers on raising the nation's debt limit, with 43 percent saying they approve of how Obama's handling negotiations.
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Filed under: Congress • Debt • Deficit • Polls
Conservative ads hit Dems over 'reckless spending and debt'
July 18th, 2011
09:54 AM ET
3 years ago

Conservative ads hit Dems over 'reckless spending and debt'

(CNN) - The latest wave of ads launched Monday by Crossroads GPS, an independent Republican advocacy group, urges 10 Democratic members of Congress to cut spending and the national debt.

The spots are the third installment from the group this summer and will air for two weeks backed by $1.4 million. Monday's release follows national and state ads that aired as part of the larger $20 million campaign.
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Filed under: Ads • American Crossroads • Congress • Crossroads GPS • Democrats
RNC brings in $6.7 million last month
July 18th, 2011
08:31 AM ET
3 years ago

RNC brings in $6.7 million last month

Washington (CNN) – The Republican National Committee is touting its latest fundraising figures.

The RNC reports it brought in $6.7 million in June, bringing the amount the party committee raised in the first six months of this year to nearly $37 million under Chairman Reince Priebus, who took over the committee in January.

The RNC reports having $7.3 million cash on hand, with the committee's debt down to $17.5 million.
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Filed under: Fundraising • RNC
GOP governors looking to their own as 2012 race takes shape
July 18th, 2011
07:55 AM ET
3 years ago

GOP governors looking to their own as 2012 race takes shape

Salt Lake City, Utah (CNN) - Republican governors are searching within their own ranks for a presidential candidate to get behind, a scenario that might present an obstacle for Minnesota Rep. Michele Bachmann's as she continues her surge in the polls.

In the wake of big statehouse gains in 2010, Republicans wield control over political and financial networks in several key battleground and primary states. Now they are planning to exercise that newfound influence as the party begins the process of choosing its nominee.
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Iowa congressman Boswell, grandson thwart home invasion
July 18th, 2011
07:40 AM ET
3 years ago

Iowa congressman Boswell, grandson thwart home invasion

(CNN) – Rep. Leonard Boswell (D-Iowa) and his family were victims of a home invasion at their rural farm house over the weekend.

An intruder entered the home Saturday night through the front door. physically assaulted Boswell's daughter and demanded money at gunpoint, a statement from the congressman's office said.

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Filed under: Congress • Iowa
POLITICAL HOT TOPICS: Monday, July 18, 2011
July 18th, 2011
04:31 AM ET
3 years ago

POLITICAL HOT TOPICS: Monday, July 18, 2011

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.

WASHINGTON/POLITICAL
For the latest political news: http://www.CNNPolitics.com

CNN: Obama, lawmakers to resume debt talks
President Barack Obama and congressional leaders will continue to negotiate a possible deficit reduction deal this week to clear the way for congressional Republicans to back an increase in the federal debt ceiling. While discussions continued over the weekend after the last full negotiating session Thursday, no significant progress has occurred and the chances for a comprehensive deficit deal sought by Obama in coming weeks appear remote.

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Filed under: Political Hot Topics
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