Washington (CNNMoney.com) – "Repeal Obamacare!" might be the battle cry that swept Republicans into control of the House, but making good on the promise will be tough.
GOP candidates pledged that their first item of business would be repealing and replacing health care laws passed in March that would insure 30 million Americans without health care coverage.
(CNN) – While the Republican leadership paints the results of the 2010 midterm elections as a referendum on Obama's agenda, Democratic members of Congress running for re-election who voted AGAINST the President's top policy objective -the health care reform plan– also faced the voters' wrath Tuesday.
Of the 34 Democratic incumbents who voted no to health care reform, sixteen are projected to have lost their seats Tuesday while three are locked in races that are too close to call. Eleven Democratic congressman that voted against party lines when health care reform returned to the House floor on March 21, 2010 have retained their seats.
"Both sides [have] shown themselves to be untrustworthy. What we need to do is balance the budget and I don't think they'll step up and do it unless we force them to do it by law," Paul said during an interview on CNN's American Morning.
New York (CNNMoney) – The Obama administration is singing a different tune about foreclosures.
A year ago, officials focused on stemming the foreclosure tide. Now they are touting the need for foreclosures to rebuild the housing market.
Last week Phyllis Caldwell, head of the Treasury Department's Homeownership Preservation Office, told a congressional panel that "an important part of ensuring longer-term stability in the market is to enable properties to be resold to families who can afford to purchase them."
TOPICS: Most important problem, mood of nation
WASHINGTON (CNN) – The number of Americans who say things are going badly in the country, at 75 percent, is higher than it has been on the eve of any midterm election since the question was first asked in the mid-1970s, according to a new national poll.
A CNN/Opinion Research Corporation survey released Monday also indicates that the economy remains, by far, the top issue on the minds of Americans. Fifty-two percent of people questioned say the economy's the most important
issue facing the country.
TOPICS: Obama approval rating, midterms
WASHINGTON (CNN) - Explosive devices in cargo packages addressed to Chicago, Illinois, destinations appear to have been designed to detonate on their own, without someone having to set them off, the top White House counterterrorism official told CNN on Sunday.
John Brennan, President Barack Obama's assistant for homeland security and counterterrorism, said on CNN's "State of the Union" program that the sophisticated explosives could have been intended to blow up the air cargo planes carrying them, as suspected by British authorities.
"It is my understanding that these devices did not need somebody to detonate them," Brennan said, adding that U.S. authorities continued to investigate.
CHICAGO, Illinois (CNN) – Senate Majority Whip Dick Durbin remembers sitting down for a meeting at the White House with the rest of the Democratic leadership a month ago, when President Obama promised he was blowing up his schedule to try to help keep control of Congress.
"He said, 'I'm going on the campaign trail for the next month, and I told my scheduler to ignore me when I say I'm tired,'" Durbin, D-Illinois, recalled in the cold of an outdoor rally just a few blocks from Obama's home. The Saturday event drew at least 35,000 people, according to Democratic officials.
In their weekly addresses Saturday, President Obama and House minority leader Republican Rep. John Boehner told the American people why their party is the right one to jumpstart the American economy.
"Around kitchen tables, I'm pretty sure you're talk about other things: about your family finances, or maybe the state of the economy in your hometown," Obama said. "Whatever the outcome on Tuesday, we need to come together to help put people who are still looking for jobs back to work."