Possible deficit reduction deal emerging, sources say
July 21st, 2011
03:40 PM ET
3 years ago

Possible deficit reduction deal emerging, sources say

Washington (CNN) – President Barack Obama is continuing to pursue the most "significant deficit reduction package possible," White House Press Secretary Jay Carney said Thursday, the latest indication officials are keeping a variety of options open while trying to hammer out an agreement to raise the nation's debt ceiling and avoid an unprecedented default.

Talks are now focusing on a deal to cut $3 trillion in federal deficits over the next 10 years that would be accompanied by a debt ceiling increase, according to congressional aides who spoke on condition of not being identified.

FULL STORY

Filed under: Congress • Debt • Deficit • Democrats • President Obama • Republicans
Joe Miller agrees to pay legal fees
July 21st, 2011
03:00 PM ET
3 years ago

Joe Miller agrees to pay legal fees

(CNN) - Joe Miller, who lost a 2010 senate bid against Alaska Sen. Lisa Murkowski, announced he won't be appealing a court order requiring that he pay state legal fees incurred in his fight to overturn the election results.

"Given the amount at issue, it simply does not make good financial sense to move forward with the appeal," Miller said in a statement Thursday. "Pyrrhic victories are not my goal. Accordingly, this court fight ends today."
FULL POST


Filed under: 2010 • Alaska • Joe Miller • Lisa Murkowski • Senate
Possible budget deal cuts $3 trillion
July 21st, 2011
03:00 PM ET
3 years ago

Possible budget deal cuts $3 trillion

Washington (CNN)- Talks between President Barack Obama and congressional leaders are focusing on a possible $3 trillion deficit reduction deal that would accompany a debt ceiling increase, congressional aides told CNN on Thursday.

The aides, who spoke on condition of not being identified, said the possible deal remained in limbo over disagreement on whether to extend Bush era tax cuts for families earning more than $250,000 a year, and nothing has been agreed to yet.
FULL POST


Filed under: Budget • Debt • Deficit • President Obama
An end to Bush-era tax cuts near?
July 21st, 2011
02:55 PM ET
3 years ago

An end to Bush-era tax cuts near?

Washington (CNN) - A leading anti-tax-increase crusader says he doesn't think that letting Bush-era tax breaks expire is violation of a no-tax-increase pledge. So do Republicans now have a way out of the debt ceiling deadlock?

Democrats sure seemed to think so Thursday.

FULL STORY

Filed under: Debt • Deficit • President George W. Bush • Taxes
Former Bush aide mulls Senate bid
July 21st, 2011
02:50 PM ET
3 years ago

Former Bush aide mulls Senate bid

Washington (CNN) – Former Bush White House aide Scott Stanzel is flirting with a Republican Senate bid in Washington state to take on incumbent Democratic Sen. Maria Cantwell in the 2012 election.

Despite his years of service inside the beltway, Stanzel said the economic failures in Washington, D.C. are on his side, an argument that closely matches those of GOP party officials.
FULL POST


Filed under: 2012 • Maria Cantwell • Senate
Huntsman campaign manager resigns
July 21st, 2011
01:41 PM ET
3 years ago

Huntsman campaign manager resigns

Washington (CNN) – The campaign manager for Republican presidential candidate Jon Huntsman resigned Thursday, the Huntsman campaign confirmed to CNN.

Susie Wiles will be replaced by communications director Matt David, according to a statement. The former Utah governor will announce the changes to his staff Thursday.
FULL POST


Filed under: 2012 • Jon Huntsman
Pawlenty calls out opponents' lack of 'executive experience'
July 21st, 2011
01:35 PM ET
3 years ago

Pawlenty calls out opponents' lack of 'executive experience'

Ames, Iowa (CNN) - Presidential candidate Tim Pawlenty continued his appeal for votes on Thursday by playing up his executive experience as the former governor of Minnesota.

And as he faces stubbornly low poll numbers in the Republican race for the White House, the candidate appears to be working to gain more traction by repeatedly highlighting his accomplishments in order to contrast with the shortcomings of his opponents. But he avoids throwing sharp elbows by mentioning names.
FULL POST


Filed under: 2012 • Iowa • Tim Pawlenty
Roemer makes White House bid official
July 21st, 2011
01:28 PM ET
3 years ago

Roemer makes White House bid official

(CNN) - The crowded GOP presidential field added one more candidate Thursday.

Former Louisiana Gov. Buddy Roemer officially declared his candidacy at the Hanover Inn at Dartmouth College in New Hampshire, becoming the 11th Republican candidate to jump into the race.
FULL POST


Filed under: 2012 • Buddy Roemer
Carney: No deal to report on debt ceiling
July 21st, 2011
01:12 PM ET
3 years ago

Carney: No deal to report on debt ceiling

Washington (CNN) - The only issue left to be decided in negotiations between President Barack Obama and congressional leaders is "what kind of deficit reduction package will accompany a measure that will ensure that we do not for the first time default" on government obligations, White House Press Secretary Jay Carney said Thursday.

Carney denied reports that Obama and House Speaker John Boehner were close to a deal, saying the "breaking news report is incorrect."

"There is no deal," Carney said. "We are not close to a deal."


Filed under: Congress • Debt • Deficit • President Obama
Edwards' campaign asked to repay almost $2.3 million
July 21st, 2011
12:13 PM ET
3 years ago

Edwards' campaign asked to repay almost $2.3 million

Washington (CNN) - Former presidential candidate John Edwards will have to pay back over $2 million in federal matching funds given to his 2008 campaign for president, the Federal Election Commission ruled on Thursday.

The commission voted 6 – 0 against Edwards and contends his campaign was in "excess of the Candidate's entitlement."
FULL POST


Filed under: FEC • John Edwards
« older posts
newer posts »