Obama loses business voice with Bryson departure
June 21st, 2012
01:20 PM ET
2 years ago

Obama loses business voice with Bryson departure

NEW YORK (CNNMoney) – John Bryson resigned his post as Commerce Secretary on Thursday, less than two weeks after an episode involving a seizure and a series of traffic accidents.

Bryson, a former energy industry CEO, had served in the position since October, and his departure leaves the Obama administration with one fewer private-sector luminary.

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Filed under: President Obama
Wall Street ditches Obama, backs Romney
May 29th, 2012
08:06 AM ET
2 years ago

Wall Street ditches Obama, backs Romney

NEW YORK (CNNMoney) – Hell hath no fury like a woman scorned - but what about a Wall Street titan?

Deep-pocketed financiers have abandoned President Obama and are flocking to Mitt Romney in droves, providing more donations to his campaign than any other industry except retired workers. (And that's not really an industry.)

FULL STORY

Filed under: 2012 • Mitt Romney • President Obama • Wall Street
Buffett's secretary to attend State of the Union
January 24th, 2012
11:51 AM ET
2 years ago

Buffett's secretary to attend State of the Union

New York (CNNMoney) – President Obama will renew his call for higher taxes on the rich on Tuesday, and he has invited Warren Buffett's secretary to Washington to make his point.

Debbie Bosanek, longtime secretary to the Oracle of Omaha, will take in the State of the Union as a guest of the White House.

FULL STORY

Filed under: 2012 • CNNMoney.com • Congress • President Obama • Taxes
Iowa's campaign economy
Michele Bachmann cheers at a diner during a campaign stop in Iowa City, Iowa, on December 22, 2011.
December 27th, 2011
07:43 AM ET
2 years ago

Iowa's campaign economy

Des Moines, Iowa (CNNMoney) - The Iowa caucus isn't just a political exercise. It's also a very big business.

As candidates crisscross the state with their staffers, supporters and the media in hot pursuit, the groups dump money into local economies from Des Moines to Ottumwa.

FULL STORY

Filed under: 2012 • Iowa
Congress faces funding deadline. Again.
November 16th, 2011
01:54 PM ET
2 years ago

Congress faces funding deadline. Again.

New York (CNNMoney) – Facing another deadline to fund the government, Congress is once again coming down to the wire.

Surprise!

FULL STORY

Filed under: Budget • CNNMoney.com • Congress
Buffett challenges Murdoch on tax returns
October 4th, 2011
03:19 PM ET
3 years ago

Buffett challenges Murdoch on tax returns

New York (CNNMoney) – Warren Buffett has a message for Rupert Murdoch and the Wall Street Journal: Sure, I'll release my tax returns, if you do too.

Last week, the Wall Street Journal published an editorial that asked Buffett to disclose his tax returns. The piece, "Mr. Buffett's Tax Secrets," took issue with Buffet's plan to hike taxes on some of the super-rich.

FULL STORY

Filed under: Rupert Murdoch • Taxes • Warren Buffett
Doh! A bad time for spending cuts?
July 11th, 2011
02:32 PM ET
3 years ago

Doh! A bad time for spending cuts?

New York (CNNMoney) – Big federal spending cuts are on the way. That's pretty clear. Whether they total $1 trillion, $2 trillion or $3 trillion is anybody's guess. But make no mistake - they are coming.

The cuts - tied to an increase in the debt ceiling - are virtually guaranteed to be some of the biggest in history. But will they hit the economy at a particularly bad time?

FULL STORY

Filed under: Congress • Debt • Deficit
Debt deal: Brace for spending cuts
July 4th, 2011
08:49 AM ET
2 years ago

Debt deal: Brace for spending cuts

New York (CNNMoney) - Huge spending cuts, and maybe some targeted tax hikes.

That's how the deal to raise the debt ceiling is shaping up. Details are thin, as negotiations have been carried out behind closed doors and involve only a few of Washington's heaviest hitters.

FULL STORY

Filed under: Congress • Debt • Deficit
Ron Paul: U.S. should declare 'bankruptcy'
June 28th, 2011
12:32 PM ET
3 years ago

Ron Paul: U.S. should declare 'bankruptcy'

NEW YORK (CNNMoney) – How should the United States deal with its growing debt problem? Ron Paul thinks declaring "bankruptcy" might be a good idea.

The Texas congressman and Republican presidential candidate was discussing Greece's fiscal trouble with Iowa radio host Jan Mickelson on Monday when he was asked, "If bankruptcy is the cure for Greece, is it also the cure for the United States?"

FULL STORY

Filed under: Ron Paul
Pawlenty's super-rich tax cuts
June 17th, 2011
09:17 AM ET
3 years ago

Pawlenty's super-rich tax cuts

New York (CNNMoney) - Hey rich folks, Tim Pawlenty wants to cut your taxes. A lot.

Under the terms of his recently revealed economic plan, Americans in the top 20% of earners would see their taxes cut by an average of $23,500, an 8.6 percentage point drop in their tax rate, according to an analysis by the nonpartisan Tax Policy Center.

FULL STORY

Filed under: 2012 • CNNMoney.com • Tim Pawlenty
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