CNN's GUT CHECK for July 9, 2012
July 9th, 2012
05:21 PM ET
2 years ago

CNN's GUT CHECK for July 9, 2012

CNN's GUT CHECK | for July 9, 2012 | 5 p.m.
n. a pause to assess the state, progress or condition of the political news cycle

BREAKING: OBAMA DISCOURAGES ‘TOP DOWN ECONOMICS,’: “We need policies that grow and strengthen the middle class. Policies that help create jobs, that make education and training more affordable, that encourage businesses to start up and create jobs right here in the United States so that's why I believe it's time to let the tax cuts for the wealthiest Americans, folks like myself, to expire.”

THE ROMNEY CAMPAIGN RESPONDS IN WRITING TO THE PRESIDENT’S REMARKS BEFORE THE EVENT STARTS: “President Obama's announcement this morning will mean a tax increase for millions of families, job creators and small businesses. … Gov. Romney knows that job-killing tax increases will hurt our troubled economy even further, and he has a plan to lower the rates and broaden the base without increasing the deficit to encourage investment and job creation.”

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Filed under: CNN's Gut Check
Christie: Too many 'obsessed with reelection'
July 9th, 2012
04:52 PM ET
2 years ago

Christie: Too many 'obsessed with reelection'

Washington (CNN)- Chris Christie said Monday that many times politics comes before people and that can keep government from reaching effective long-term solutions.

"We have too many elected officials who are obsessed with re-election and that they're willing to do anything to keep their job," Christie said. "That's not the kind of person you want in an executive position, or any position for that matter, but certainly in an executive position right now, given the challenges that our country faces." FULL POST


Filed under: Chris Christie • New Jersey • Washington D.C.
Rangel victorious as challenger concedes
July 9th, 2012
04:30 PM ET
2 years ago

Rangel victorious as challenger concedes

(CNN) – After 13 days of vote counting and election wrangling, the New York state senator who challenged longtime New York Rep. Charles Rangel for his U.S. House seat conceded the race at a Monday press conference.

State senator Adriano Espaillat announced he would drop his challenge and lawsuit, which had election workers in the 13th Congressional District continuing to count ballots from the June 26 Democratic primary.
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Filed under: Charlie Rangel • New York
Middle class taxes may rise anyway
July 9th, 2012
03:02 PM ET
2 years ago

Middle class taxes may rise anyway

NEW YORK (CNNMoney) - President Obama and Republicans battled Monday over a familiar dividing line: the Bush tax cuts.

While they disagree over taxing the rich, both support extending the Bush tax cuts for the middle class for one year.

FULL STORY

Filed under: Congress • President Obama • Taxes
Maine gov apologizes for 'Gestapo' remark
July 9th, 2012
02:59 PM ET
11 months ago

Maine gov apologizes for 'Gestapo' remark

(CNN) – Maine Gov. Paul LePage apologized Monday for referring to the Internal Revenue Service as the "Gestapo" in his weekly radio address over the weekend.

"It was not my intent to insult anyone, especially the Jewish Community, or minimize the fact that millions of people were murdered," the Republican governor said in a statement.
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Filed under: Health care • Maine • Paul LePage • Supreme Court • Taxes
Perry: Texas will stand against 'Obamacare'
July 9th, 2012
01:07 PM ET
2 years ago

Perry: Texas will stand against 'Obamacare'

(CNN) – Texas Gov. Rick Perry announced Monday the Lone Star State will not execute major parts of the Affordable Care Act, the controversial federal health care law recently upheld by the Supreme Court.

"I will not be party to socializing healthcare and bankrupting my state in direct contradiction to our Constitution and our founding principles of limited government," the Republican governor said in a statement.
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Filed under: Health care • Rick Perry • Texas
July 9th, 2012
12:30 PM ET
2 years ago

Obama calls for Bush tax cut extensions for those making less than $250,000

Washington (CNN) - President Barack Obama revitalized his push for holding down middle class tax rates Monday, calling on Congress to pass a one-year extension of the Bush-era tax cuts for people earning less than $250,000 a year.

In a White House statement delivered while people described as working Americans stood behind him, Obama said his proposal would provide the certainty of no tax increase next year for 98% of Americans.

FULL STORY

Filed under: 2012 • Congress • President Obama • Taxes
Warren's whopping $8.6 million haul
July 9th, 2012
11:53 AM ET
2 years ago

Warren's whopping $8.6 million haul

(CNN) – Democratic Senate hopeful Elizabeth Warren raised more than $8.6 million in the last three months, her campaign announced Monday.

The second quarter figure surpassed her first quarter amount of $6.9 million. She now has $13.5 million cash on hand, according to the campaign.
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Filed under: 2012 • Elizabeth Warren • Massachusetts • Scott Brown • Senate
Romney responds to Obama's tax cut pledge
July 9th, 2012
11:51 AM ET
2 years ago

Romney responds to Obama's tax cut pledge

(CNN) – Responding to the president's expected call to extend the Bush-era tax cuts for those earning less than $250,000, Mitt Romney's campaign pointed to the implied tax hike for those making more than the stated threshold.

"President Obama's announcement this morning will mean a tax increase for millions of families, job creators, and small businesses," Romney spokeswoman Andrea Saul said in a statement.
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Filed under: 2012 • Mitt Romney • President Obama • Taxes
Obama raises $71 million in June, trails Romney
July 9th, 2012
10:59 AM ET
2 years ago

Obama raises $71 million in June, trails Romney

(CNN) – President Barack Obama's re-election campaign announced Monday that it, along with the Democratic National Committee, raised $71 million in June from more than 706,000 donors.

The amount lags far behind the $106 million Mitt Romney and the Republican National Committee raised last month, a number the campaign made official early Monday.
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Filed under: 2012 • DNC • Fundraising • President Obama
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