Washington (CNN) – Five new national polls appear to back up President Barack Obama's statement that the public supports a combination of both spending cuts and tax increases as part of any agreement to raise the country's debt ceiling.
And the latest surveys also indicate that an increasing amount of people say that action needs to be taken to raise the debt limit.
(CNN) - Rep. Michele Bachmann responded Tuesday to a report that the presidential candidate frequently suffers from severe headaches that have at least three times landed her in the hospital.
At a campaign stop in South Carolina, Bachmann said she treats her migraines with medicine as needed and emphasized the rigorous pace of her campaign schedule since she entered the 2012 race.
Washington (CNN) - A bipartisan Senate plan to slash the nation's debt by about $3.7 trillion over the next ten years got a largely positive reception Tuesday when presented to about 50 senators in a closed meeting in the Capitol.
The plan was offered by the so-called Gang of Six debt negotiators. However, with some final details still left to sort out on the long-sought compromise, it was not clear if the proposal would have enough support – or time - to play a role in separate congressional negotiations to increase the debt ceiling by August 2nd.
Read full text of the plan here (pdf).
NEW YORK (CNNMoney) - It's almost over.
Minnesota lawmakers will take up the state budget Tuesday afternoon, the latest step in ending the nation's longest government shutdown in recent years.
Lawmakers will vote on 12 bills that were drawn up in accordance with the budget deal that Governor Mark Dayton and Republican legislative leaders reached last Thursday.
(CNN) – While President Obama and Congressional GOP leaders continue to negotiate a debt ceiling deal behind the scenes, several House Republican freshmen are growing impatient.
Nearly 20 of them ventured to the gates of the White House Tuesday with a letter in hand to the president demanding the he immediately deliver Congress a written proposal to raise the debt ceiling. The letter was signed by nearly 60 members.
(CNN) - President Barack Obama said Tuesday that "some progress was made" with "some narrowing of the issues" in talks with congressional leaders over the weekend on a deficit reduction plan that would bring Republican support for raising the debt ceiling.
He said the deadline for reaching an agreement in deficit reduction talks to raise the federal debt ceiling is approaching, telling reporters that "we're in the 11th hour and we don't have a lot of time left."
(CNN) - Want to participate in a same-sex marriage ceremony in New York this Sunday? Enter a lottery, says independent New York City Mayor Michael Bloomberg.
On July 24, the first day New York's recently passed marriage law goes into effect, the city will conduct a public lottery to allow 764 couples to marry, according to a state press statement Tuesday.
Washington (CNN) - Sen. Dianne Feinstein, D-California, announced Tuesday a bill to repeal the federal law that defines marriage as a "legal union between one man and one woman as husband and wife" and that allows states to reject legal same sex marriages from other states.
The Defense of Marriage Act, or DOMA, passed both the House and the Senate in 1996.
Austin, Texas (CNN) – Some potential donors and bundlers for Texas Governor Rick Perry, if he mounts a presidential campaign, are meeting Tuesday in Austin, a Republican source confirms.
These money men have been talking to possible financial supporters around the country weighing how much support a candidacy would garner and will deliver their preliminary results during these meetings, the source told CNN.
NEW YORK (CNNMoney) - Billionaire CEO Steve Wynn used his company's earnings call to trash President Obama and his economic policies Monday - calling the administration a "wet blanket" on the business community.
"I'm saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime," Wynn said in response to a question about Las Vegas real estate.