Spilled milk: Haley dismisses Colbert Senate interest
December 7th, 2012
12:30 PM ET
2 years ago

Spilled milk: Haley dismisses Colbert Senate interest

(CNN) - The swell of online support for Republican South Carolina Gov. Nikki Haley to appoint comedy show host Stephen Colbert to her state's open U.S. Senate seat hasn't gone unnoticed by the Palmetto State Republican, who pointed out one hangup on her Facebook Friday.

"Stephen, thank you for your interest in South Carolina's U.S. Senate seat and for the thousands of tweets you and your fans sent me," Haley wrote, before delivering one piece of archive material that could sink Colbert's chances.
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Filed under: Nikki Haley • Stephen Colbert
Businesses' fiscal cliff fear: The payroll tax cut
December 7th, 2012
11:19 AM ET
2 years ago

Businesses' fiscal cliff fear: The payroll tax cut

New York (CNNMoney) – Of all the fiscal cliff issues, there's one that scares small businesses most of all: The end of the payroll tax holiday.

The tax comes from worker paychecks and funds Social Security. For the past two years, workers have been paying a rate of 4.2%. In 2013, the rate is set to rise back to 6.2% on the first $113,700 in wages.

FULL STORY

Filed under: Fiscal Cliff • Jobs
New photo shows Obama taking Romney's concession call
December 7th, 2012
10:48 AM ET
2 years ago

New photo shows Obama taking Romney's concession call

(CNN) - A never-before-seen official White House photo, posted online Friday, shows President Barack Obama on Election Night speaking with his freshly defeated rival Mitt Romney.

The photo was taken in the presidential suite of the Fairmont Millennium Park hotel in Chicago, where Obama and his team watched results come in on November 6. In his concession speech, Romney said that on the call with the president, he wished Obama well, along with his family and staff.
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Filed under: Mitt Romney • President Obama
Nikki Haley will appoint DeMint successor 'quickly'
December 7th, 2012
10:38 AM ET
2 years ago

Nikki Haley will appoint DeMint successor 'quickly'

(CNN) - South Carolina's Republican governor said Friday she was working quickly to appoint a replacement to retiring Sen. Jim DeMint's seat in the U.S. Senate, writing she was looking to put a similar-minded conservative in the Upper Chamber.

"Appointing a new member of the U.S. Senate is a solemn duty, and I take this responsibility with utmost seriousness. I will make this decision in a manner that is thoughtful and dignified, but also quickly," Gov. Nikki Haley wrote Friday.
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Filed under: Jim DeMint • Nikki Haley
GOP on jobs report: 'unemployment remains painfully high'
December 7th, 2012
09:55 AM ET
2 years ago

GOP on jobs report: 'unemployment remains painfully high'

(CNN) – Friday's jobs report, which showed unemployment falling to its lowest point since 2008, was still indication that President Barack Obama's economic policies were failing, according to Republican National Committee chairman Reince Priebus.

"While a downtick in the unemployment rate is welcome news, too many families are still falling behind and unemployment remains painfully high," Priebus said in a statement sent an hour after the jobs report was released. During the presidential race, Republican reaction to negative jobs reports was almost instantaneous.
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Filed under: Jobs • RNC
December 7th, 2012
08:47 AM ET
2 years ago

Christie defends Obama praise on 'Daily Show'

(CNN) - Chris Christie's praise of President Barack Obama following this fall's devastating storm doesn't mean the acerbic New Jerseyite has changed his ways – it just means Obama got it right.

So said Christie in an interview on "The Daily Show" Thursday, in which the Garden State governor said his past criticism of the president wasn't necessarily at odds with his newfound appreciation for Obama's leadership.
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Filed under: Chris Christie
Economy adds 146,000 jobs in November, unemployment drops to 7.7%
December 7th, 2012
08:32 AM ET
2 years ago

Economy adds 146,000 jobs in November, unemployment drops to 7.7%

(CNN) - Modest hiring continued in November and the unemployment rate fell to its lowest level in nearly four years, according to a report released Friday.

The U.S. economy added 146,000 jobs in November, and the unemployment rate fell to 7.7% from 7.9% in October, the Labor Department said. That's the lowest unemployment rate since December 2008.

FULL STORY

Filed under: Jobs
Payroll tax cut: Is it in, or is it out?
December 7th, 2012
07:34 AM ET
2 years ago

Payroll tax cut: Is it in, or is it out?

New York (CNNMoney) – In all the rhetorical noise about the fiscal cliff, the discussion has focused most heavily on the Bush-era income tax cuts.

Neither party wants to raise income taxes on the middle class, which has come to be defined as families making below $250,000.

FULL STORY

Filed under: Taxes
Coalition of labor unions launch second major fiscal cliff ad campaign
December 7th, 2012
07:00 AM ET
2 years ago

Coalition of labor unions launch second major fiscal cliff ad campaign

Washington (CNN) - Three major labor unions are launching a second major wave of ads Friday aimed at protecting entitlement and education programs from substantial cuts in any deal to avert the automatic spending cuts and tax increases scheduled for the first of the year, CNN has learned.

The American Federation of State, County and Municipal Employees, the Service Employees International Union and the National Education Association will air ads in Virginia, Missouri, Ohio and Montana, trying to make sure any deal to avert the "fiscal cliff" protects union priorities.
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Filed under: Ads
POLITICAL HOT TOPICS: Friday, December 07, 2012
December 7th, 2012
04:16 AM ET
2 years ago

POLITICAL HOT TOPICS: Friday, December 07, 2012

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. Click on the headlines for more.

WASHINGTON/POLITICAL

CNN: McConnell move on debt ceiling backfires
The political posturing, and theater, related to the fiscal cliff continued Thursday as Senate leaders squared off over whether to make it harder for Congress to block future increases in the debt ceiling. At issue was a move by Senate Minority Leader Mitch McConnell, and meant to put Democrats in a tough spot, that backfired. McConnell pushed for a vote on an idea he first proposed last year as part of the debt ceiling standoff.

CNN: Jersey Shore meets the fiscal cliff
After a series of meetings with both President Barack Obama and congressional leaders, New Jersey Gov. Chris Christie, who is rarely at a loss for words, declined to answer questions from reporters Thursday and left Washington in near total silence. As it turns out, the rising Republican star's quest for money to rebuild his state's battered shoreline may be colliding with another crisis – the fiscal cliff. In other words: bad timing.

FULL POST


Filed under: Political Hot Topics
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