High court declines to get involved now in health care overhaul fight
Washington (CNN) - To no one's surprise, the Supreme Court on Monday rejected the first constitutional challenge to the sweeping health care reform effort championed by President Barack Obama and the Democratic-controlled Congress.
The justices without comment refused to get involved at this early stage, while various state and federal challenges are continuing. The high court rarely accepts cases before they have been thoroughly reviewed by lower courts.
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GOP walks budget-cutting tightrope with seniors
Washington (CNN) - Republicans rode a tidal wave of senior support into control of the House, promising to cut government spending and restore fiscal sanity to Washington.
But can they deliver on that promise without cutting entitlement programs like Medicare and Social Security and angering older voters?
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Republicans signal a hard-line stance after election success
Washington (CNN) - A post-mortem Sunday of the mid-term elections provided little evidence that Democrats and Republicans will work together to address major issues such as deficit reduction any better than they have in recent years.
Republicans interviewed on talk shows promised congressional investigations, an all-out effort to repeal health care reform, and steadfast opposition to any form of higher taxes.
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GOPer says voters have 'had enough'
(CNN) - The man running for House majority leader from the Republican Party in the next Congress thinks Democrats don't get it.
"If Democratic members in the House elect Nancy Pelosi as their leader, it's almost as if they just didn't get the message from voters this election," Rep. Eric Cantor of Virginia said on "Fox News Sunday." "The voters outright rejected the agenda that she's been about and here they're going to put her back in charge."
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Republican Governors agree- repeal health care
(CNN) - Most Republicans agree on at least one thing - that the health care reform legislation passed last year should be repealed - and two prominent governors are no exception.
"I think Obamacare is one of the worst pieces of legislation passed in the modern history of the country," Gov. Tim Pawlenty of Minnesota said on CNN's "State of the Union."
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On the road, Obama pushes U.S. jobs
Mumbai, India (CNN) - Eager to fend off any criticism that he's globetrotting just days after a disastrous midterm election, President Obama unveiled about $10 billion in new contracts for U.S. exports to India on Saturday as he launched an aggressive push to show his trip to Asia will deliver jobs back home.
"The United States sees Asia and especially India as a market of the future," Obama said at a meeting here with business leaders from the U.S. and India. "For America this is a jobs strategy."
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Obama: Put politics aside to grow economy
Washington (CNN) - President Barack Obama on Friday hailed new "encouraging" job numbers and said it is imperative that Democrats and Republicans work together to improve the economy.
"Based on today's jobs report, we've now seen private sector job growth for 10 straight months. That means that since January, the private sector has added 1.1 million jobs," he said at the White House after the Labor Department reported that the economy added 151,000 jobs in October.
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Voters to states: No new taxes
New York (CNNMoney.com) - Thanks to voters, alcohol will no longer be taxed in Massachusetts. Candy won't be subject to a levy in Washington anymore. And California drivers won't have to pay a proposed $18 fee to fund state parks.
State residents aren't feeling very generous these days, even though now is when government officials say they need the tax money the most.
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Cantor uses jobs report to make pitch for extending tax cuts
Washington (CNN) - The man who is expected to be the next House majority leader says that ensuring that no one faces a tax increase will help the private sector take the lead in creating jobs.
Current House Minority Whip Eric Cantor made his comments moments after the release of October's jobs report.
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Key GOP rep warns of banking 'mass exodus'
New York (CNNMoney.com) - The congressman likely to supplant Rep. Barney Frank as chairman of the House Financial Services Committee is asking regulators to carefully consider the implications of a new rule designed to limit risky trading.
Rep. Spencer Bachus, a Republican from Alabama, warns in a letter sent to Treasury Secretary Tim Geithner and the Financial Stability Oversight Council that an overly-strict implementation of the Volcker Rule will spark a "mass exodus" of clients from U.S. banks to their competitors abroad.
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- Untitled
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