Capitol Hill (CNN) - For weeks now, lawmakers in Washington have produced intense drama over the debt ceiling with no lasting results or clear meaning. Terrible politics, but perhaps it could make for a good movie. Or farce.
To help understand the bottom lines and broad themes in debt negotiations, the crew of CNN's American Sauce podcast asked a team of Hollywood screenwriters to look at the debt debate and present their pitches for National Debt: The Movie.
(CNN) - We're learning more about Mitt Romney's quick trip to Iowa next month.
The former Massachusetts governor and 2012 GOP presidential candidate makes his second visit to the first-in-the-nation caucus state on Thursday August 11. Romney, who's making his second bid for the White House, makes a swing through the Iowa State Fair in Des Moines, a must stop for anyone running for president. A source with knowledge of Romney's schedule confirmed the timing to CNN.
(CNN) – The Senate rejected the House GOP's "cut, cap, and balance" deficit reduction plan Friday, voting 51-46 to set aside the measure.
(CNN) - Jon Huntsman's spokesman took to Twitter Friday to needle GOP presidential rival Mitt Romney.
Tim Miller sent this message to Romney's spokesman Eric Fehrnstrom: "@EricFehrn spoxing for @MittRomney in '02 called Grover's pledge "gov't by gimmicry." Harsh. Why the change of heart? http://bo.st.q2cZaO
Washington (CNN) - The Democratic National Committee says their first television ad buy this cycle is a Spanish-language commercial that defends President Barack Obama's record.
Washington (CNN) - Facing resistance to the outlines of a deal from his own party, President Barack Obama is again making the case to the American people that a package to raise the nation's debt ceiling should include major deficit reduction.
"There will be plenty of haggling over the details of all these plans in the days ahead. But right now, we have the opportunity to do something big and meaningful," the president writes in an op-ed in Friday's USA Today. "This debate shouldn't just be about avoiding the catastrophe of not paying our bills and defaulting on our debt. That's the least we should do. This debate offers the chance to put our economy on stronger footing, restore a sense of fairness in our country, and secure a better future for our children. I want to seize that opportunity, and ask Americans of both parties and no party to join me in that effort."FULL STORY
(CNN) – Bristol Palin admits it was "stupid" to lie to her mother, former Alaska Gov. Sarah Palin, about the night she lost her virginity to ex-boyfriend Levi Johnston.
"It was a night that I look back on with the adult eyes that I have now and I just realize that that was so stupid," Palin said Thursday on HLN's "Dr. Drew." "That was so stupid to lie to my mom and to have those series of bad decisions that I made all in one night."
Washington (CNN) - As Texas Gov. Rick Perry comes closer and closer to jumping into the race for the White House, he's also close to the top of a new national survey in the battle for the GOP presidential nomination.
A CNN/ORC International Poll released Friday indicates that 14 percent of Republicans and independents who lean towards the GOP pick Perry as their first choice for their party's nomination, just two points behind former Massachusetts Gov. Mitt Romney, who's making his second bid for the White House. Romney's two point margin over Perry is within the survey's sampling error.