New York (CNNMoney) – If Congress fails to cut a deal on the fiscal cliff this year, the scramble to do so in January could run smack dab into yet another high-stakes negotiation - over raising the debt ceiling.
As of late last week, the country's debt was $154 billion below the $16.394 trillion debt ceiling.FULL STORY
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CNN: McCain suggests Bill Clinton as Middle East peace negotiator
Sen. John McCain suggested Sunday that former President Bill Clinton once again try his hand at forging peace between the Israelis and Palestinians as another day of violence lit up the sky on the border between Israel and Gaza.
CNN: Gingrich: Romney ‘gifts’ comment ‘nuts’
Newt Gingrich had harsh words Sunday for GOP presidential nominee Mitt Romney’s suggestion that he lost the election because President Barack Obama offered “gifts” to African-Americans, Hispanics, and young voters. “I just think it’s nuts,” Gingrich said on ABC. “I mean, first of all, it's insulting.”