Washington (CNN) - They have been meeting for two months, poring over concepts and ideas already hashed out by three other groups over the past year.
But 10 days before their deadline, members of the so-called congressional "super committee" created to forge a deficit reduction deal indicated Sunday that they remain hung up on basic issues of tax and entitlement reform that have previously stymied agreement.FULL STORY
(CNN) - House Minority Leader Nancy Pelosi fired back Sunday at a CBS News' "60 Minutes" report that highlighted several instances of what it suggested could be "soft corruption."
The show looked at the investments of various lawmakers - including Pelosi, House Speaker John Boehner and Republican Rep. Spencer Bachus of Alabama - who reportedly bought stocks around the same time legislation involving those investments was being discussed.FULL STORY
Washington (CNN) – Barack Obama survived a bitter primary fight with Hillary Clinton to become president and so will one of the Republican presidential contenders, Republican National Committee Chairman Reince Priebus said Sunday.
In an interview on CNN’s “State of the Union” Priebus used President Obama’s win in 2008 as evidence Republicans can be victorious in 2012 following a hard fought primary season.
Washington (CNN) - Sen. Mark Warner offered an alternative solution to the deficit negotiations Sunday if the so-called “super committee” fails to reach an agreement before the impending deadline.
The Virginia Democrat, who served as a member of the so-called “Gang of Six” senators that attempted to reach a comprehensive deficit deal earlier this year, said he hopes the “super committee” succeeds.
Washington (CNN) – The Republican co-chair of the so-called “super committee” trying to forge a major deficit reduction deal said Sunday that a two-step process is possible in which the bipartisan panel sets a figure for increased revenue from tax reform that congressional committees then set in legislation.
Texas Rep. Jeb Hensarling told CNN’s “State of the Union” that he remains hopeful for a comprehensive deal, but he made clear that an alternative could leave it to Congress to figure out how to implement results agreed upon by the 12-member panel made up of equal numbers of House and Senate Democrats and Republicans.
(CNN) – Faced with what he sees as unprecedented gridlock in Washington, Los Angeles Mayor Antonio Villaraigosa is not waiting on the nation’s capital to fix his city’s sluggish economy.
Villaraigosa, a Democrat, who also serves as president of the U.S. Conference of Mayors, said the failure by national politicians to fix the economy and work across the aisle is equivalent to “malpractice,” and is the impetus behind his jobs program.
Spartanburg, South Carolina (CNN) - The Republican candidates for president tackled national security issues on Saturday in a 90-minute debate in South Carolina. Moderators steered the eight candidates toward terrorism, Iran, China, the war in Afghanistan, the Arab Spring and foreign aid.
National security has largely taken a backseat to the economy and domestic issues. Here are five things we learned on Saturday:FULL STORY
(CNN) - U.S. President Barack Obama began his push for renewed engagement with Asia, seeking to highlight domestic jobs that increased exports to the region would create.
Obama is using the Asia Pacific Economic Cooperation summit - hosted by the U.S. for the first time since the Clinton administration - as a kickoff for a new era in foreign policy focusing on the region.FULL STORY
Washington (CNN) - If there's an area GOP presidential candidates seemed to agree on Saturday night, it's that President Barack Obama is not doing enough to contain Iran's nuclear ambitions.
Former Massachusetts Gov. Mitt Romney said Obama's Iran policy was his "greatest failing," and did not rule out military action against Iran in a potential Romney administration.FULL STORY