Lighting of national menorah marks the beginning of Hanukkah
December 9th, 2012
07:57 PM ET
1 year ago

Lighting of national menorah marks the beginning of Hanukkah

Washington (CNN) - For more than 20 years, Rabbi Levi Shemtov, the executive vice president of the American Friends of Lubavitch, has presided over the annual event kicking-off Hanukkah in the nation’s capital: the lighting of the National Menorah.
 
The event has become a tradition, going back to 1979 when President Jimmy Carter was still in office.
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Filed under: Religion
Boehner visits White House for fiscal cliff talks
December 9th, 2012
03:54 PM ET
1 year ago

Boehner visits White House for fiscal cliff talks

(CNN) - House Speaker John Boehner traveled to the White House Sunday for talks with President Barack Obama on how to avoid the year-end fiscal cliff, according to a statement from the White House.

"We're not reading out details of the conversation, but the lines of communication remain open," White House Deputy Press Secretary Josh Earnest said.

–CNN Chief White House Correspondent Jessica Yellin contributed to this report.


Filed under: John Boehner • President Obama
December 9th, 2012
03:27 PM ET
1 year ago

Is a fiscal cliff deal possible – and what happens if it’s not?

(CNN) - With a little over three weeks left before the country could tumble over the fiscal cliff, and with a deal between President Barack Obama and House Speaker John Boehner not yet in place, a CNN panel Sunday with Chief Political Correspondent Candy Crowley hashed out what needs to happen for a deal to be reached, and the possible economic effects of heading over the edge.

Moody's Analytics Chief Economist Mark Zandi said on “State of the Union” the initial impact of missing the January 1 deadline would likely not be "a big deal," as taxes may not immediately rise, but by February "things start to get uncomfortable." He noted the February deadline for raising the debt ceiling, saying it would be "cataclysmic" not to do so, and would cause a recession.
FULL POST


Filed under: Fiscal Cliff • TV-State of the Union
Gingrich on 2016 run: 'One never knows'
December 9th, 2012
12:24 PM ET
1 year ago

Gingrich on 2016 run: 'One never knows'

(CNN) - His 2012 presidential bid ended in defeat during the primaries, but that may not have been the last of candidate Newt Gingrich.

Asked Sunday on NBC's "Meet the Press" if he would run for the White House again, the former House speaker put on an enormous Cheshire cat grin and said: "I doubt that, but one never knows."
FULL POST


Filed under: 2016 • Newt Gingrich
Republican Corker expresses support for raising tax rates
December 9th, 2012
11:39 AM ET
1 year ago

Republican Corker expresses support for raising tax rates

(CNN) - Another Republican senator said Sunday he'd support raising tax rates on wealthy Americans as part of a deal to avoid the year-end fiscal cliff.

Sen. Bob Corker of Tennessee said if Republicans agree to raising rates on the top 2% of American earners, they will be better positioned to negotiate for larger spending cuts to Social Security and Medicare, which many Democrats oppose.
FULL POST


Filed under: Fiscal Cliff
GOP lawmakers debate politics of raising top tax rates
December 9th, 2012
11:04 AM ET
1 year ago

GOP lawmakers debate politics of raising top tax rates

(CNN) – Divergent Republican views on raising tax rates for the wealthy were on display Sunday, as time grew shorter for reaching a deal to avoid fiscal crisis at the end of the year.

Reps. Marsha Blackburn and Tom Cole both said on CNN's "State of the Union" they didn't want to see rates increase for top-earning Americans, which President Barack Obama has said must be included in a deal to cut the nation's federal deficit. But the two disagreed on whether it was politically wise for Republicans to steadfastly oppose those tax hikes on the top 2% of American incomes.
FULL POST


Filed under: Fiscal Cliff • Marsha Blackburn • Taxes
Romney spotted ringside at Marquez-Pacquiao fight
December 9th, 2012
09:08 AM ET
1 year ago

Romney spotted ringside at Marquez-Pacquiao fight

(CNN) - Mitt Romney ended his political battle a month ago, but the former GOP presidential nominee took in a different kind of fight Saturday: a non-title bout in Las Vegas between boxers Juan Manuel Marquez and Manny Pacquiao.

Romney shook Pacquiao's hand before the fight, wishing him success in the match. Pacquiao himself is also a politician, serving as a congressman in his native Philippines. He has endorsed some American politicians, including Senate Majority Leader Harry Reid, a Democrat.
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Filed under: Mitt Romney
December 9th, 2012
09:00 AM ET
1 year ago

Lagarde: ‘Zero’ U.S. growth without a deal

Washington (CNN) -– The head of the International Monetary Fund warned that the American economy won’t grow next year without a deal on the fiscal cliff.

Christine Lagarde, the managing director of the IMF, spoke to CNN’s Candy Crowley on “State of the Union” about the consequences of the president and Congress failing to reach a comprehensive deal on the automatic spending cuts and tax hikes that would occur without an agreement before the end of the year.
FULL POST


Filed under: Fiscal Cliff