Washington (CNN) – Republican presidential candidate Jon Huntsman made a generational appeal to nearly 300 college Republicans Friday, pledging to create jobs for recent graduates struggling to find work in the slumping economy.
“I don't want you to become disillusioned,” said Huntsman, who keynoted the Lee Atwater Gala at the biennial convention of the College Republican National Committee. “I want you to believe in the system. Your generation is going to be part of the fix.”
Washington (CNN) - Senate Democrats on Friday blocked the latest House Republican proposal to cut spending and increase the federal debt ceiling, setting up a weekend of negotiations to seek a deal that would avoid a potential federal default next week.
(CNN) - As members of Congress navigate the shifting political sands of the debt-ceiling crisis, many of them are turning to a digital platform more associated with sharing personal updates and funny videos about cats: Facebook.
In recent days, lawmakers have swarmed the popular social network to post videos outlining their positions, conduct opinion polls, reach new constituents and ask for feedback.FULL STORY
Washington (CNN) - It's hard to explain it in 140 characters or less. President Obama's re-election Twitter account lost thousands of followers Friday after his 2012 campaign tried to use the social media site to turn up the heat on Republicans over the debt ceiling.
The account, @BarackObama, sent out scores of tweets Friday listing the Twitter handles for dozens of GOP members of Congress.
NEW YORK (CNNMoney) - Neither of the debt ceiling bills before Congress would meaningfully alter the country's debt trajectory and thus won't bolster the United States' chance of preserving its AAA rating, a key rating agency said Friday.
"Reductions of the magnitude now being proposed, if adopted, would likely lead Moody's to adopt a negative outlook on the AAA rating," Moody's Investors Service said.FULL STORY
Washington (CNN) - House Republicans on Friday passed Speaker John Boehner's latest proposal to raise the federal debt ceiling and cut spending, overcoming opposition from Democrats and tea party conservatives. The measure now goes to the Senate, where Democrats in the majority have promised to defeat it.
Washington (CNN) - House Speaker John Boehner's plan to raise the nation's debt ceiling and slash government spending narrowly passed his chamber on Friday and then was blocked by Senate Democrats, setting up a weekend of negotiations to seek a deal that would avoid a potential federal default next week.
The Senate vote was 59-41 to table the measure, which effectively kills it unless Democrats decide to bring it up again.
CNN Senior Political Editor Mark Preston and Bob Costantini look at the politics of the Debt Ceiling mess. Plus, Grover Norquist says maybe House Republicans should “take one bite of the apple” in terms of spending restraint and enjoy the taste.FULL STORY
Washington (CNN) - By all measures, Senate leaders Harry Reid and Mitch McConnell are worlds apart when it comes to their politics. But there's at least one thing solidifying their relationship.
"Both are institutionalists at heart," said Jim Manley, a former spokesman for Senate Majority Leader Reid, a Nevada Democrat. "They come from completely different ideologies but both have the respect from their caucus." He added that while they're not the best of friends, their bond is strong.FULL STORY
Washington (CNN) – Republican presidential candidate Jon Huntsman is not mincing any words in criticizing what he says is Mitt Romney’s absence in the debt ceiling debate. Huntsman says this is a time “for people to stand up and show real leadership.”
I had asked the former Utah governor and ambassador to China whether he agreed with Democratic political operative David Axelrod’s recent criticism of Romney. The former White House aide to President Obama had suggested Romney was missing in action in the whole debate.FULL STORY
Washington (CNN) – Former Utah Gov. Jon Huntsman seems to think President Obama is handling the debt ceiling all wrong.
The contender for the 2012 GOP nomination for president told CNN's "The Situation Room" anchor Wolf Blitzer that if it were up to him, he'd use the "bully pulpit" as president "in ways that speak to clear, cut, and defined goals that the people of this country want to achieve."