Would more tea party-backed senators mean more gridlock?
WASHINGTON (CNN) - Texas GOP upstart Ted Cruz claimed victory Tuesday with a familiar tea party rallying cry.
"Millions of Texans and Americans are rising up to reclaim our country, to defend liberty and to restore the Constitution," he told supporters.
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House conservatives determined to slash spending relent on compromise deal
Washington (CNN) - A congressional deal announced this week by House Speaker John Boehner and Senate Democratic Leader Harry Reid would extend current government spending levels for six months, putting off threats of a government shutdown until after the November election decides the makeup of a new House and Senate.
The compromise denies conservative House Republicans - including tea party-backed freshmen - their strongest negotiating tool to enact the spending cuts they promised when running for Congress in 2010. But rather than opposing the deal, conservative legislators said Wednesday they were the ones pushing for it.
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Obama, Romney camps spar over tax study
Akron, Ohio (CNN) – Making his 12th visit to the Buckeye State since announcing his campaign for reelection, President Barack Obama on Wednesday continued to hammer home the differences between his tax policies and those of his opponent.
At a morning event in Mansfield, Obama used his speech to highlight a new study by the Urban Institute-Brookings Institution Tax Policy Center that concluded Mitt Romney's tax proposals would provide large tax cuts to the very wealthy while increasing the tax burden on the lower and middle classes.
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House passes Republican tax-cut plan
Washington (CNN) - The U.S. House on Wednesday took the opposite action on tax cuts as the Senate, rejecting a Democratic proposal championed by President Barack Obama to extend lower tax rates for middle-income Americans, and then passing a Republican plan to maintain the lower rates for everyone for a year.
In separate votes that amounted to political posturing in an election year, House Republicans joined by more than a dozen Democrats passed the GOP measure by a 256-171 margin.
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Crist to back Bill Nelson in Florida Senate race
(CNN) - Former Gov. Charlie Crist will endorse Sen. Bill Nelson in his bid for re-election at a campaign event Friday, CNN has confirmed.
Crist is expected to back Nelson at a Florida fundraiser hosted by his law firm where former President Bill Clinton will appear.
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Republicans seeking to drive transparency criticism against Obama
(CNN) - Republicans on Wednesday opened another line of attack against President Barack Obama and his White House, reviving doubts they have cast on the administration's transparency.
Republican National Committee Chairman Reince Priebus alleged on a Wednesday conference call organized for reporters that the Obama Administration was "failing follow the law under the Presidential Records Act."
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Tweet of the day: Brown's promotion
(CNN) - Massachusetts Sen. Scott Brown, who is in a re-election fight being watched nationally, was promoted on Wednesday to the rank of Colonel in the Army National Guard, Sen. John McCain of Arizona presided and tweeted.
[tweet http://twitter.com/SenJohnMcCain/status/230777178009243649%5D
Democratic super PAC reserving $30 million for fall TV advertising
Washington (CNN) - The Democratic super PAC backing President Barack Obama, Priorities USA Action, is significantly ramping up its media spending as it reserves $30 million in broadcast and cable ad time come this fall, sources familiar with the matter confirmed to CNN.
The group, run by two former Obama White House officials, has not actually yet purchased the ad time in the critical states of Colorado, Iowa, Florida, Ohio, Pennsylvania and Virginia, the sources said.
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First lady to North Carolinians: Volunteer your way to the convention
Washington (CNN)– In an effort to motivate North Carolina's Obama supporters, the first lady announced a new initiative Wednesday designed to recruit volunteers for the president's campaign by rewarding them with tickets to his Democratic National Convention speech.
President Obama is to deliver his acceptance speech on Thursday, September 6 at the Bank of America Stadium in Charlotte. The home to the National Football League's Carolina Panthers can seat up to 73,778 and will be the largest venue to hold such an event in nearly 50 years, since John F. Kennedy made his acceptance speech at the Los Angeles Memorial Coliseum in 1960.
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CNN's GUT CHECK for August 1, 2012
CNN's GUT CHECK | for August 1, 2012 | 5 p.m.
– n. a pause to assess the state, progress or condition of the political news cycle
BREAKING:POSTAL SERVICE COULD RUN OUT OF CASH IN OCTOBER… Without help from Congress, the Postal Service will not only default on payments for retiree health care benefits, but it could lack cash for operations by mid-October. As of midnight Wednesday, the Postal Service will be in default - for the first time in its history - on a $5.5 billion payment owed the federal government to prepay health care benefits for retirees. – Jennifer Liberto
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