The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world.
CNN: Impasse over payroll tax cut continues
All kinds of ideas are flying around Capitol Hill about how to extend the payroll tax cut set to expire at the end of the year, but a long-standing battle over tax increases and divisions among congressional Republicans have prevented any from gaining traction so far.
CNN: CNN Poll: Gingrich front-runner in 3 or first 4 states to vote
Newt Gingrich tops the field of Republican presidential candidates by double digits in three of the four states to first hold contests in the race for the GOP nomination, according to new surveys in those states.
CNN: Perry hits Obama for war on faith, despite a ghost of ‘holiday season’ past
Rick Perry doubled down on his religion-based attack of President Barack Obama Wednesday, saying the president was preventing students from celebrating Christmas in schools. But just last year, Perry issued a holiday statement as governor of Texas that omits any mention of the Christian holiday.
CNN: Ron Paul doesn’t budge on Israel
GOP presidential candidate Ron Paul held his ground Wednesday against views that he is anti-Israel as he sought to explain his exclusion from a major gathering of conservative Jewish advocates his fellow GOP hopefuls addressed.
CNN: Blagojevich gets 14 years in prison for corruption
A federal judge sentenced former Illinois Gov. Rod Blagojevich to 14 years in prison for corruption Wednesday.
CNN: Suspect in girl's slaying worked at apartment complex
The suspect in the slaying of a 7-year-old Georgia girl worked in the apartment complex where she lived, investigators said Wednesday.
CNN: Alabama AG makes revision suggestions for immigration law
Alabama Attorney General Luther Strange has sent to state legislative leaders a series of suggested changes to the state's controversial anti-illegal immigration law.
CNN: After release on DWI charge, FAA administrator made test flight
A day and a half after he was arrested on a drunk-driving charge, FAA Administrator Randy Babbitt co-piloted a government jet to North Carolina as part of a proficiency flight, Federal Aviation Administration officials confirmed Wednesday.
CNN: Al-Assad denies responsibility for Syria crackdown
In a rare interview with an American television network, Syria's embattled President Bashar al-Assad denied he is responsible for the violence engulfing his country and distanced himself from the behavior of his armed forces.
CNN: Gadhafi son tried to go secretly to Mexico, official says
Saadi Gadhafi, a son of the deposed Libyan leader Moammar Gadhafi, secretly tried to travel to Mexico using false documents, Mexico's interior minister said Wednesday.
CNN: Gorbachev calls for new Russian elections
Mikhail Gorbachev, the last Soviet leader, called Wednesday for new parliamentary elections in Russia over concerns about vote fraud.
CNN: Amnesty International asks U.S to stop sending arms, tear gas to Egypt
Amnesty International is demanding the United States stop allowing the export of arms and riot-control material to Egypt, where security forces have cracked down on protests.
CNN Money: Corzine to testify before Congress about MF Global
After weeks of speculation about how more than a billion dollars in customer money went missing at MF Global, former CEO Jon Corzine will give his side of the story on Capitol Hill Thursday.
CNN Money: Stocks gain as Europe nears moment of truth
U.S. stocks ended mostly higher Wednesday as investors bet that European leaders will produce a meaningful solution to the debt crisis at a highly anticipated summit this week.
CNN Money: LivingSocial raising $400 million
LivingSocial is raising upwards of $400 million in new funding, according to a new regulatory filing. No new investors were disclosed for the deal, which Bloomberg reports is being done at a $6 billion valuation.
In Case You Missed It…
Sara Sidner reports on a magazine cover with racy photos of a Pakistani actress that has sparked controversy.
THe whole congress is giving a huge lesson in " shall we dance around the problem") except that it is two opposing schools of thought on what wins or rather is best for the nation. So lets see what has happened.
The president on debt asked Republicans to Join a debt commission whose results would virtually be binding.The Republicans declined. Obama ( who does nothing does not get involved ) sets up Simpson Bowles who come out with a great and effective plan supported by some of its Republican members.
Shutting down the government the tea party side of the GOP would have shut it down the end result American sovreign debt is downgraded please note with a message from S&P etc that the big plan is needed to avoid further down grades = $3-4 trillion. Hello thats what Simpson Bowles did. Obama (again who is not involved) has VP biden meet on the second round of negotiations and on the brink again meets with Rep Boehner several times with only finally a debt commission the outcome which has its $1.2 tr sword of damocles as a last minute fix. Note 2013 implementation which is nonsense as Republicans especially Mitch Mc Connel ( to some degree Boehner) made it clear throughout the objective was to make Obama a one term president not to think about country first.
Republicans won on Jobs Job and debt in the House in 2010. I have seen no job legisaltion from them that does not repeat the trickle down economics policies of when they were in power a period and decade with the lowest job creation and lowest taxes for the wealthy!? These are undeniable stats.
Then the president who does nothing does net get involved produces the AJA and guess what it has not even hit the house floor before its rejected out of hand and voted down after that.
The interesting thing is that throughout Democrats have offered up reductions in government spending and also Tax increase on the rich or withdrawal of tax subsidies to corporate America. the GOP have compromised on nothing and still say NO taxes hello guys well over 80 % of economists say the only way to address the Budget deficit abd debt id thru both sending reductions and Taxes and alonger term review for tax simplification ( hello Bowles Simpson again!!)
The Republicans can spin as much as they like they will be held accountabble in 2012 for " not being in the right direction economically and helping create jobs... if they kep up the 'Rich and corporates = job creators myth" it is the surest way to lose in 2012.
They'd better swallow thier pride and vote FOR the AJA and how its funded and go after the Bowles Simpson budget cuts, nd overall plan its fair all round. the ryan budget puts the whole burden onn the old ans working middle class AND GIVE THE RICH MORE CONTINUING BENEFITS. Thst does not win elections when the masses vote.