Poll: Debt ceiling deal should include cuts and tax increases
(CNN)-As the debt ceiling clock ticks down, a new poll indicates that more Americans favor a balanced approach to reaching a deal resolving the nation's budget deficit.
According to a CBS News Poll released Monday, 66 percent of Americans say an agreement to raise the amount of money the nation can borrow should include both spending cuts and tax increases.
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RNC maps out White House foul
Washington (CNN)-It's never too early to play hardball presidential politics. Republican National Committee Chair Reince Priebus penned a letter to Attorney General Eric Holder asking for an investigation of an "apparent crime" committed by President Barack Obama Monday.
According to Priebus, the crime was committed by the president, in the Map Room, with a video.
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Coburn offers his own budget plan
Washington (CNN) - Sen. Tom Coburn, R-Oklahoma, released his version of a budget plan Monday, saying his ideas would save the country $9 trillion over 10 years.
Coburn, who was once part of the so-called Gang of Six - a bipartisan group of senators working towards a deficit reduction plan - said the time to solve America's debt problem is now. Coburn called the debt the largest national security threat in the country.
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Debt gang to unveil plan to other senators Tuesday
Washington (CNN) – Members of a bipartisan group of senators who worked for months to forge an agreement to make deep reductions in the federal debt will unveil a plan to slash trillions of dollars off that debt over the next 10 years.
The former Gang of Six members will reveal their plan privately Tuesday to a group of 40 to 50 senators.
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A look at Mitt Romney's $10 million day
(CNN)–While Mitt Romney was still in the exploratory phase of his presidential campaign, he held a daylong fund-raiser in Las Vegas on May 16 with 800 participants dialing for dollars. When it was over, his presidential exploratory committee touted the strength of the effort, saying it had "raised $10.25 million in connection with today's call day fund-raiser."
But did he really?
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Cheat Sheet: Debt ceiling consequences
Capital Hill (CNN) – What exactly would happen if Congress does not raise the debt ceiling before Aug. 2?
In this week's American Sauce podcast, we lay out the specifics, including why August is particularly a difficult month for this to happen. We also summarize the debt negotiations so far through the eyes of two Hollywood screenwriters. Listen here.
Leave comments below.
Or follow our cheat sheet.
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Will Perry answer the 'call'?
Austin, TX (CNN) - Rick Perry may have gotten the sign he's been waiting for.
Standing on the sidelines in the race for 2012, the Texas governor on Monday visited a video game manufacturer in Austin where designers came up with a unique way to get the potential Republican candidate on the playing field.
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Bachmann signs 'Cut, Cap and Balance' pledge–on her terms
(CNN)-Minnesota Rep. Michele Bachmann changed her mind about signing the "Cut, Cap and Balance" pledge, but made a critical addition before doing so.
Bachmann is seeking the 2012 GOP nomination for president and previously vowed that she would not sign the pledge because it didn't go far enough.
But the three-term congresswoman remedied that concern Monday when she signed onto the agreement endorsed by nine other GOP presidential candidates, and added on a condition of her own: that candidates agree to repeal and defund health care reform legislation passed over one year ago and signed into law by President Obama.
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Warren: 'I really don't get it'
(CNN)-White House adviser Elizabeth Warren will not helm the new Consumer Financial Protection Bureau permanently after all, but she's not losing sleep over it. Instead, she plans on thinking of another kind of political future once she passes on the baton of leading the agency.
She wouldn't confirm or deny current thoughts of a Senate challenge to Massachusetts GOP Sen. Scott Brown, but she did reveal where heavy thinking may take place in an interview with CNN anchor Wolf Blitzer Monday.
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Gay conservative group requests meeting with Bachmann
Washington (CNN) – A prominent, conservative gay group has asked Republican presidential candidate Michele Bachmann for a meeting.
This follows much grumbling in the the gay and lesbian community regarding the congresswoman's policy positions and controversy surrounding the Christian counseling business co-owned by Bachmann and her husband.
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