(CNN) - The Republican National Committee announced Thursday it raised $27 million in the fourth quarter of 2011, $3 million more than its Democratic counterpart.
The Democratic National Committee announced earlier Thursday it pulled in $24 million in the last three months of the year, and also heralded fundraising from President Barack Obama's reelection effort. The Obama campaign took in $42 million in the fourth quarter.
(CNN) - Faux-news host and comedian Stephen Colbert announced Thursday night he was launching his second run for president in South Carolina.
"I'm proud to announce I plan to form an exploratory committee to lay the groundwork for my candidacy in the United States of South Carolina," Colbert said at a taping of his show Thursday evening.
Columbia, South Carolina (CNN) - The chairman of the South Carolina Republican Party came to Mitt Romney's defense on Thursday after Romney's corporate past came under fire from two of his rivals in the GOP presidential race.
"I would like to see this all shake out where Republicans stick by Republican ideals," state party chairman Chad Connelly told CNN. "I am a big proponent of the free market even though it's harsh sometimes. Nobody likes to lose jobs."
(CNN) – GOP presidential frontrunner Mitt Romney on Thursday aggressively defended his tenure as head of Bain Capital, asserting again that his private-equity career resulted in the net creation of over 100,000 jobs while also calling any job losses an unfortunate fact of life in the private sector.
Under criticism from some Republican foes - as well as Democrats - for his role in corporate downsizing in the past, Romney confronted the issue while campaigning in South Carolina, site of the next primary contest on January 21, and Florida, which holds its key primary 10 days later.FULL STORY
(CNN) – President Obama is now in full re-election campaign mode. If there was any doubt, just check out the campaign speeches he delivered Wednesday night at three separate fundraising events in Chicago.
“I’ve said before, I’m not a perfect man,” he told one Chicago group. “I’m not a perfect president. But I’ve promised you this, and I’ve kept this promise. I will always tell you what I believe. I will always tell you where I stand. I will wake up every single day thinking about how I can make this country better, and I will spend every ounce of energy that I have fighting for you.”FULL STORY
Washington (CNN) – Veteran California House Republican Jerry Lewis announced Thursday he will not run for re-election, making him the third GOP House member from the Golden state to announce within a week their plans to retire.
"After months of consultation with loved ones and family, my wife Arlene and I have decided to retire from public life. We are deeply grateful to so many who have provided their support over the years. I have worked hard to justify that support," Lewis said in a written statement.
(CNN) – President Obama formally asked Congress Thursday to raise the nation’s debt ceiling, stating the country’s debts have fallen within $100 billion of the current debt limit and an increase is needed to meet “existing commitments.”
The request came Thursday in a letter from the president to House Speaker John Boehner.FULL STORY
New York (CNNMoney) - Republicans attacking Mitt Romney's tenure at Bain Capital got a stern rebuke Thursday from the Chamber of Commerce.
Chamber president Tom Donohue said the attacks on the Republican frontrunner are "foolish" during the group's "State of American Business 2012" event in Washington.FULL STORY