Bachmann holds her ground against raising debt ceiling
Washington (CNN)- Republican presidential hopeful Michele Bachmann says that increasing the debt ceiling won’t solve the country’s fiscal woes.
“The government hasn’t gone on a diet, it’s private business that has gone on a diet and it’s time to have tough love and just do the opposite. It’s federal government that needs to go on a diet,” Bachmann told Fox’s Bill O’Reilly on Monday.
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Huntsman goes on offense against Romney
Greer, South Carolina (CNN) - Former Utah Gov. Jon Huntsman signaled Monday that he intends to sharpen his campaign message against former Massachusetts Gov. Mitt Romney, the front-runner in the Republican presidential race and the candidate Huntsman's team views as his chief rival in the nomination fight.
Campaigning at a barbecue restaurant in South Carolina, Huntsman criticized Romney directly, though not by name. It's a tactic he has largely shied away from until now.
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Feds expand gun sales reporting requirements in four border states
Washington (CNN) - The federal government said Monday it is proceeding with a plan to require gun dealers in four southwest border states - California, Arizona, New Mexico and Texas - to report the sales of high-power rifles under certain conditions in an effort to stem the flow of guns to Mexican drug cartels.
Critics immediately called the move an illegal expansion of gun control laws and an effort to divert attention from the "Operation Fast and Furious" gun controversy. And the National Rifle Administration said it will file suit to stop the move.
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Progressive group makes a rally call directed at Obama
Washington (CNN) - In the midst of ongoing debt talks, the liberal-leaning Progressive Change Campaign Committee is urging people not to donate their time or money to President Barack Obama's 2012 campaign if he agrees to cuts in Social Security, Medicare or Medicaid.
More than 160,000 people have pledged to withhold support for Obama in 2012 if concessions in Social Security or health care are made, according to the PCCC.
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Cain gets his gospel singing on
(CNN) - Followers of politics have come to know Herman Cain, the Republican presidential candidate. Now they can get to know Herman Cain, the recording artist.
His album, "Sunday Morning," was recently released on the Internet, courtesy of Draft Cain, an independent group not affiliated with the campaign. According to Cain's campaign, the CD was originally released in 1996 by GLC Music, Selah Sound Production and Melodic Praise Records.
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Pawlenty as the next Conan O'Brien?
(CNN) - After a recent Twitter exchange, Republican presidential candidate Tim Pawlenty may have a new campaign strategy: Conan O'Brien's hair.
O'Brien, late night comedian and host of "Conan" on TBS, poked fun at the former Minnesota governor's personality in a tweet Monday:
"Is it too early to predict that Tim Pawlenty will not be a popular Halloween costume?"
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Poll: Worries over government default on the rise
Washington (CNN) - As the partisan battle over raising the nation's debt ceiling rages on, a new national poll indicates Americans are becoming more concerned that failing to raise the debt limit would force the government into default and damage the economy.
According to a Pew Research Center survey released Monday, 42 percent of people questioned say that worries about a government default outweigh concerns that raising the debt ceiling would lead to higher spending and make the national debt larger. That's up seven points from May.
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Clinton surpasses $75 million in speech income after lucrative 2010
Washington (CNN) - Former president Bill Clinton enjoyed his most lucrative year ever on the speaking circuit in 2010, capping a decade of paid speaking events that has earned him $75.6 million since leaving office in 2001, according to a CNN analysis of federal financial records.
Clinton received $10.7 million for 52 paid speaking engagements last year, a sizable increase from the 36 paid speeches he delivered in 2009 for a total of $7.5 million. The most the former president had previously earned in one year was in 2006 when he earned $10.2 million for 57 events. His 2010 speaking fees were detailed in Secretary of State Hillary Clinton's annual financial disclosure report released Monday.
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Cantor: No tax increases, denies split with Boehner
Washington (CNN) - Before returning to the White House to resume negotiations on a deal to raise the debt ceiling, number two House Republican Eric Cantor, R-Virginia, insisted Republicans will continue to oppose any tax increases as part of deal to raise the debt ceiling, telling reporters, "our members did not come here to raise taxes."
Cantor highlighted the current unemployment rate of 9.2 percent and held up a piece of paper showing a quote from Obama in 2009, when he spoke out against raising taxes in a recession.
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BLITZER'S BLOG: Debt talks: A high-stakes game of chicken
(CNN) – President Obama says he fully expects a deal by August 2 raising the nation's debt ceiling. But he also says he won't accept any short-term, stop-gap deal – whether for 30, 60, 90 or even 180 days. Any agreement, he says, must go beyond the November 2012 elections.
He also says it must be "fair and balanced" (his words) – meaning there must be both major spending cuts as well as increases in tax revenue. The elimination of various tax loopholes and deductions wouldn't kick in until 2013, the president says. He says he's ready to put Social Security and Medicare on the table, a move that has deeply irritated many in his Democratic Party base.
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