Advisers for Obama and Romney trade jabs
(CNN) - A top aide to President Obama called former Massachusetts Gov. Mitt Romney a "political contortionist" at a breakfast forum Wednesday.
David Plouffe, who managed Obama's 2008 presidential bid, pointed out, "Gov. Romney has reminded us that he's a world-class political contortionist. He's kind of been all over the map on the president's leadership on the economy."
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Obama downplays possible constitutional move on debt ceiling
Washington (CNN) - President Barack Obama said Wednesday he wants a deal with Congress in the next two weeks to tackle mounting deficits and allow an increase in the federal debt ceiling, but he didn't rule out using a constitutional argument to increase how much money the government can borrow.
"I don't think we should even get to the constitutional issue," Obama said during a Twitter town hall at the White House in response to a tweeted question on whether he would rely on a clause in the Fourteenth Amendment to unilaterally raise the debt ceiling.
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White House lifts ban on military suicide condolences
WASHINGTON (CNN) - The Obama administration announced Wednesday that it will begin sending condolence letters to the next-of-kin of service members who commit suicide, said a White House statement.
"This issue is emotional, painful, and complicated," President Barack Obama said in the statement. "But these Americans served our nation bravely ... we need to do everything in our power to honor their service, and to help them stay strong for themselves, for their families and for our nation."
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GOP plays Twitter politics with Obama
(CNN) - Republicans are seizing an opportunity from President Obama's impending Twitter town hall to play politics and attack the president over the economy.
Obama will answer questions Wednesday on jobs and the economy submitted via Twitter with the hashtag #AskObama. Some Republicans submitted questions of their own.
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Romney aims to raise $50 million for primary campaign
(CNN) - Former Massachusetts Gov. Mitt Romney's presidential campaign said Wednesday it will aim to raise $50 million for his campaign to win the Republican presidential nomination.
"We intend to raise $50 million and more for the primary campaign, and we're off to a very good start," campaign spokeswoman Andrea Saul said in a statement.
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A Paul family affair: Rand to stump for Ron in Iowa
(CNN) - Republican Sen. Rand Paul of Kentucky will head to the first-in-the-nation caucus state of Iowa later this month to campaign for his father's bid for the White House.
The younger Paul's Iowa swing will come just before the Ames, Iowa, straw poll. GOP Rep. Ron Paul of Texas, who's making his third run for the presidency, is putting a lot of money and effort into doing well in the crucial straw poll.
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Debt ceiling negotiations: Who's doing the talking?
Washington (CNN) - Negotiations on raising the debt ceiling, tied to tackling the nation's growing deficit, have officially reached an impasse.
Lawmakers must raise the nation's $14.3 trillion legal borrowing limit soon. The Treasury Department says that on August 2 it will run out of money to pay the nation's bills in full and on time.
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RNC to Obama: You're taking the country off a cliff
(CNN) - A new ad from the Republican National Committee Wednesday blames President Obama's "left turn after left turn" for the current state of the economy.
The 30-second spot will air nationally on cable television, notably in battleground states, throughout the month. It uses a crashing car metaphor to make the case for a Republican president in 2012.
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DeMint 'disappointed' in Bachmann
(CNN) - Republican Sen. Jim DeMint said he's "disappointed" Republican presidential candidate Michele Bachmann has not signed the "cut, cap, balance" pledge to slash spending and balance the budget.
"I am disappointed," DeMint said Wednesday on CNN's "American Morning." "We have to stop spending more than we're bringing in."
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