(CNN) - The U.S. recovery has hit a speed bump this year, slowing significantly in the first half of 2012.
But that didn't seem to get the White House down. The Obama administration released surprisingly upbeat economic forecasts Friday, when it revised the President's budget to include recent data.FULL STORY
New York (CNN) - Amazon founder and CEO Jeff Bezos is backing same-sex marriage.
Bezos and his wife, MacKenzie, donated $2.5 million to Washington United for Marriage, a coalition to uphold the state's same-sex marriage law. It is believed to be the largest individual donation to protect same-sex marriage.FULL STORY
(CNN) – His wife is leading the American delegation to the London Olympic Games, but President Barack Obama will be watching the action closely from back home, according to his press secretary.
"He is a sports fan, as everyone knows," Jay Carney said at Friday's press briefing. "He's actually very, I heard him the other day. He's like, 'I love the Olympics. I can't wait for the Olympics to start.'"
Washington (CNN) - The day before Mitt Romney makes a highly publicized trip to Israel, President Barack Obama on Friday signed a bill passed by Congress designed to increase security ties with the Jewish state.
Both the timing of Friday's event and the presence of TV cameras opened the White House to accusations of political maneuvering in a presidential election year.FULL STORY
Washington (CNN) – The Republican National Committee will air a new, hard hitting television commercial during Olympic programming that criticizes President Barack Obama for pushing through an economic stimulus plan that has failed to right the troubled economy.
Republican sources said the ad will also run on national cable television and in the key battleground states of Colorado, Iowa, New Hampshire, North Carolina, Nevada, Ohio, Virginia and Wisconsin. The sources would not reveal how much money is behind the ad, but it will be paid for through the committee’s independent expenditure (IE) arm. This is the second commercial that the RNC’s IE has aired. Two weeks ago, the RNC IE ran its first TV commercial attacking Obama for failing to live up to his campaign promises to fix the economy and create more jobs. So far, $11 million was spent on that ad buy, according to the GOP sources.
(CNN) – This year's closely watched Olympics rivalry between Team U.S.A. swimmers Michael Phelps and Ryan Lochte has Americans picking sides, including presumptive GOP Mitt Romney. First lady Michelle Obama, however, is keeping her pick under wraps.
Asked simply to pick "Phelps or Lochte" on NBC Friday, Romney went with probability, rather than passion.
(CNN) – The super PAC supporting Mitt Romney said Friday it will spend $1 million to air a radio ad in battleground states hitting President Barack Obama for his campaign's negative attacks.
The spot from pro-Romney group Restore Our Future claims Obama is resorting to negativity because his record on the economy is weak.
(CNN) – A report showing U.S. economic growth slowing over the past three months provided ammunition for Republicans Thursday, who pinned responsibility for a weak economy squarely on President Barack Obama.
Reince Priebus, the chairman of the Republican National Committee, wrote in a statement the numbers represented "just more devastating news for struggling American families."
(CNN) – As Mitt Romney tours London on the first stop of his overseas trip, prominent surrogates for the presumptive GOP nominee are making their choices for his running mate known stateside.
House Speaker John Boehner said Thursday he was rooting for Sen. Rob Portman, who, like Boehner, represents Ohio.