Google Search

Thursday, July 14, 2011

LAST TICKET: Palin ‘runs toward the danger’ in new trailer; Paul Ryan’s wine tab (The Ticket)

The Undefeated Trailer (Dain Valverde/Vimeo.)

Here are the stories we took note of today but didn't give the full blog treatment:

• The trailer (above) for Sarah Palin's new documentary claims "like a marine, she runs toward the danger." (Political Ticker)

• Mitt Romney said he would fire White House advisor David Plouffe over Plouffe's unemployment comments. (Washington Wire)

• ...But some say his remarks seem worse because they were taken out of context. (The Plum Line)

• Coincidence? New Jersey state senate president Stephen Sweeney called Gov. Chris Christie a "rotten pr**k." This week, he was nearly struck by lightning. (Strictly Politics)

• Michele Bachmann laughed off that "sex appeal" comment. (The Campaign Spot)

• Texas political insiders say Gov. Rick Perry will enter the presidential race in the coming weeks. (Reuters)

• From June 26 to July 1, one-third of news links on blogs were about Bachmann. (Pew Research Center)

• Herman Cain is experiencing a big jump in national name recognition. (Politico)

• Wisconsin Republicans embraced the idea of running fake Democrats in the state's recall elections. (All Politics Blog)

• Rep. Paul Ryan appreciates really, really nice bottle of wine. (TPMDC)


View the original article here

Wednesday, July 13, 2011

Who's Going to Drop Out of the 2012 Race First? (The Atlantic Wire)

Here's an immutable truth of the Republican primary: of the many, many contenders for the presidential nomination, all but one will lose. That means that eventually -- this week, this month, this year -- the herd will thin. Who'll be the first to go? The New York Times's  Jeff Zeleny gets the magic 8-ball rolling this morning with a look at former Minnesota governor Tim Pawlenty's struggling campaign under the headline: "Will Republican Race’s First In Be the First Out?"

Related: A Guide to Properly Insulting the 2012 GOP Candidates

Pawlenty has been running for president for two years, focusing intensely on Iowa, but he's still polling at just 6 percent in the state. If he doesn't do well in the Iowa Straw poll, a little more than a month away, his campaign is probably finished. Pawlenty told the Des Moines Register's editors that he's behind in the polls because "this week is the first time that I've campaigned in earnest in Iowa," Jennifer Jacobs writes--but Pawlenty has been in the state more times than any of his rivals save Rick Santorum.

Related: GOP Debate Preview: Hey, We're Not So Bad

Pawlenty may stick it out for a little bit longer, but there are plenty of contenders for the first to concede that they won't be going to the White House in 2013. 

Newt Gingrich has had a rough campaign so far too--his staff quit, his Tiffany's habit was revealed, he criticized an unpopular Medicare overhaul plan, his campaign is a million dollars in debt--and Slate's Dave Weigel wonders if he's just waiting till the right moment to pull out of the campaign with dignity. Iowa Politic's Lynn Campbell reports that even groups who've invited Gingrich to speak aren't being nice to him: the Christian group The Family Leader issued a statement four days before his lecture saying,

"Our exceptional and free society simply cannot endure without … nurturing nuclear families comprised of sexually faithful husbands and wives... We acknowledge and regret the widespread hypocrisy of many who say they defend marriage, yet turn a blind eye toward the epidemic of infidelity and the anemic condition of marriages in their own communities."

Gingrich is on his third marriage.

Related: First GOP Debate with Recognizable Candidates Will Be on June 13

Related: The Many Flops of the 2012 Race So Far

Rick Santorum hasn't won an election in 11 years when he was Senator from Pennsylvania. And despite going to Iowa even more than Tim Pawlenty, he's polling at 4 percent in the state. A telling headline from CBS News' Lucy Madison is this: "Rick Santorum: Back of the pack not a bad place to be." Referring to a poll showing a large majority of Republican voters unhappy with any of the 2012 candidates, Santorum explained that it was actually a good thing: "As someone who's sitting at the back of the pack, and probably has the lowest name recognition; they're probably not talking about me... That's a good thing as far as I'm concerned. I think that's an opportunity." So he's probably unlikely to drop out any time soon--thanks to the power of denial.

Jon Huntsman joined the race just two weeks ago, but his campaign announcement earned him zero bounce in the polls. Some assume the pro-gay rights, environmentally-friendly Republican is just planting the seeds for a 2016 run.

Related: Translating the Wall Street Journal's Story on Rick Perry

Herman Cain still polls well, but he's not very good at talking about the things you have to talk about when you run for president. He's flubbed answers on Palestinians' "right of return," said he'd only sign bills three pages long or less, and couldn't explain whether he'd hire Muslims at a primary debate. And his staff quit. But he's rich and he seems to enjoy all the attention. So he'll probably stick it out for the long haul.


View the original article here

Lousy jobs number complicates debt deal for both Obama and GOP (Exclusive to Yahoo! News)

By Jim Tankersley
National Journal

June's woefully underwhelming increase in jobs is a climactic twist in the negotiations between President Obama and congressional Republicans over federal borrowing, government debt and America's economic future.

Best-case scenario, it's a Michael Bay twist: dramatic, explosive, but it all works out in the end.

Worst case, we're looking at M. Night Shyamalan: quite jarring, and potentially very scary.

The Labor Department's report Friday morning that the economy added just 18,000 net jobs last month, or roughly six figures below the consensus forecast from economic analysts, immediately hardened conservatives' and liberals' beliefs about why the recovery continues to sputter and what it needs to kick into gear. That hardening, and the political pressure that will ratchet up along with it, is the unwelcome twist in the endgame negotiations over raising the federal debt ceiling.

Whether his economic advisers acknowledge it or not, Obama now must confront new and persuasive evidence that he has, once again, overestimated the strength of the recovery. The White House has said for months that the economy was past the point of needing more help from the government, even as gas prices rose and sapped consumer spending, and Japan's earthquake disrupted global trade. The president has mimicked Republicans in calling for government belt-tightening, even as the public sector steadily sheds jobs, including 39,000 more in June.

On Friday, liberals more or less revolted against that philosophy. The June jobs report "demonstrates austerity is killing the recovery," the Campaign for America's Future said in a press release. Economic Policy Institute economist Heidi Schierholz warned that the labor market is in "full retreat" and said Obama and Congress "need to stop talking about deficit reduction and start talking about job creation."

For Obama, that adds up to a lot of pressure to get more money, now, into consumers' hands as part of a debt-ceiling deal, possibly in the form of a deeper cut in payroll taxes. Which is to say, at a time when the president has steadily moved toward Republicans at the bargaining table, he might need to throw down a few new demands of his own.

The twist might be even more dramatic for House Speaker John Boehner, who is spearheading GOP negotiations on the debt ceiling and demanding trillions of dollars in spending cuts along with increased borrowing authority.

Boehner greeted the jobs report with a now-stock response, calling it evidence that "the misguided 'stimulus' spending binge, excessive regulations, and an overwhelming national debt continue to hold back private-sector job creation in our country." Other conservatives were harsher: Bill Wilson, president of Americans for Limited Government, said it was "time for this president to end his love affair with trillion-and-a-half-dollar deficits and higher taxes on those who produce jobs."

The pressure is now certainly rising on Boehner not to cut a deal, any deal, with Obama that gives an inch of ground on federal spending. There are two reasons for that. The first is that weak jobs numbers appear to weaken Obama's hand at the table. If the economy already looks terrible, Republicans might conclude, how much could the president really blame the GOP if negotiations fail, the government defaults, and markets tank?

The second explanation is entirely political. Once Boehner cuts a debt-ceiling deal - unless it's a very short-term one - the Republican Party loses some of its best cudgels for battering the president on the economy. Working together, Republicans and the president will have reduced uncertainty over federal debt levels and cut government spending. What would Republicans' "Where are the Jobs?" press releases say next month, in that case?

A U.S. default, or a drastic and immediate cut in spending to avert one next month, would give this recovery a very unhappy ending. Most analysts say America would risk falling back into recession. Avoiding that scenario just got more difficult. Let's just hope this isn't The Sixth Sense all over again, and we're not dead already.

Visit National Journal for more political news.


View the original article here

Q-and-A: Why Are Social Security Cuts Even on the Table? (ContributorNetwork)

COMMENTARY | Ever since Social Security was first introduced, it's been political suicide for anyone to even suggest cutting it. GOP Rep. Paul Ryan, whose budget plan included dramatic cuts to the program, got booed when he showed up at town hall meetings afterward, and other Republicans who supported it have had to deal with similarly unruly crowds.

Democrats, on the other hand, have long been known as the party that supports Social Security, along with other "social safety net" programs like Medicare. This is one of the big things that's ensured their reelection even in contested districts. And it raises the question: Why on Earth is Obama starting to negotiate cutting it?

Doesn't Social Security add to the deficit?

No.

But we have to pay for it somehow, right?

It's already paid for through 2037. Your payroll taxes are used to buy U.S. Treasury Bonds, and the Social Security Administration has a huge stockpile of them already.

What happens in 2037?

You'll get about 80 percent of what you're supposed to get from Social Security, unless somebody fixes that. Conservatives want to stick it to the poor by lowering benefits and increasing the retirement age, and liberals want to increase the payroll tax cap, so that people making more than about $100,000 a year pay the same proportion of their income that we do.

Don't we have to fix Social Security, then?

Yes, on or before 2037. Right now we're facing a much closer deadline: If we don't either go further into debt or eliminate the deficit by Aug. 2, Bad Stuff starts to happen.

So that's why we need to cut Social Security, right?

Yes, one way we could eliminate the budget deficit is by tossing elderly people out of their homes and into the cold, just like back in the days before Social Security. The "poor house" is a part of our vernacular for a reason, and the more we cut holes in our safety net the more people will find out what it was.

But what else can we do?

Well, for one, the Bush tax cuts contribute about $400 billion to the deficit, and are adding trillions to our national debt. So that choice right there is simple: Make 84-year-old widows starve, or make rich people choose between Audis and Mercedes?

Are you saying that Bush caused the deficit?

Coming out of the Clinton presidency, we didn't have a deficit. We had a surplus, which is the opposite: We were making more money each year than we spent. President Bush immediately blew it all by giving it away to rich people in the form of a tax cut, plus going to war in Iraq and Afghanistan. The wars have added $4 trillion to our national debt, all so we can kill dirt-poor peasants who don't spend nearly as much to fight us.

Now all of a sudden, with millions of Americans in poverty and unemployed, what's hanging up our whole government isn't figuring out how to put people to work, New Deal style. It's making sure we don't go into debt, period, even though the longer people stay unemployed the less money we'll take in in taxes. And even though companies like General Electric effectively pay zero dollars in taxes, attempts to fix tax loopholes that the wealthy exploit are facing fierce opposition.

That's part of the reason that the plan they're hammering out right now does not raise taxes, and does cut things like Social Security. Because the rich are sacred, and it would be evil and awful to touch them. The rest of us are just going to have to make sacrifices, for their greater good.

That sounds pretty bad.

That's not even the worst part. The worst part is that a lot of Democrats agree with the Republicans on this, including Obama. And while he's trying to fix some of those tax loopholes, the fact that we're even talking about touching Social Security is a bad sign.


View the original article here

Santorum Joins Bachmann, Pledges to Ban Porn, Same-Sex Marriages (ContributorNetwork)

COMMENTARY | Rick Santorum is always good for a laugh or ten. The fact that he's a former senator who lost his last time out and wants to be seriously considered as a viable GOP candidate may be the biggest laugh-fest he's given America yet, but the joke is mainly on himself (even though it probably wasn't meant to be self-deprecating).

Still, he seems to try and best his most ridiculous acts and statements every time he gets a chance, and this time he has, along with that other Republican merry prankster Michele Bachmann, R-Minn., a person who actually won her last political contest, signed a "Marriage Vow," a document that not only calls for defining marriage with a Constitutional amendment denying same-sex marriages but also calls for a ban on all pornography.

Good luck with the latter.

"When I first read it, I was taken aback by it," Santorum told Candy Crowley on CNN's "State of the Union."

"But I understand why they're saying it," he continued, "because it does undermine people's respect for the institution, respect for the people governing this country. If you can't be faithful to the people that you're closest to, then how can we count on you to be faithful to those of us who you represent?"

The Family Leader, a conservative Christian organization based in Iowa, wants all the GOP candidates to sign their pledge, entitled "The Marriage Vow -- A Declaration of Dependence Upon Marriage and Family." The vow asks candidates to affirm a pro-marriage stance, oppose same-sex unions, defines homosexuality as a "choice" (stating there is no empirical scientific proof that being gay is genetic), and notes that marriage is undermined by adulterous factors like quickie divorces and pornography.

"If you are looking at being at a leader of our great country, we would like to have you pledge personal fidelity to your own spouse and a respect for the marital bonds of others," Vander Plaats told the Des Moines Register.

If one might be thinking that the pledge might be a stab at the Democrats, what with the Anthony Weiner, D-N.Y., scandal just completed and the always within reach call-back to the President Bill Clinton-Monica Lewinsky White House scandal, it must be pointed out that the pledge could be a protectionist measure as well. In the past few years, several Republicans, such as Sen. John Ensign, R-Nev., who was considered a future presidential contender, and Rep. Chris Lee, R-N.Y., both resigned over fidelity issues.

Of course Weiner, Ensign, and Lee all now have about as much chance of becoming president as does Santorum, but at least he doesn't mind signing pledges that sound divisive and accomplish nothing. Or maybe something.

Remember, this is the guy who once said: "I have no problem with homosexuality. I have a problem with homosexual acts." He made the comment just before acknowledging that he disagreed with the Supreme Court ruling that individuals have a right to privacy and that such matters should be democratically controlled.

Funny thing: Iowa already is a same-sex marriage state, allowing homosexual unions. But, as many who paid attention in civics and history classes know, a Constitutional amendment would trump a state's law, either enhancing or nullifying it. Since defining marriage as a purely heterosexual union is the aim of the pledge, enhancement is a moot point. However, keeping the amendment away from abridging other freedoms protected in the Constitution might be a problem.

And pornography? A federal law or amendment banning pornography could become a problem in an industry that is disseminated in hard copy formats and on the Internet (not to mention via phones). But these guys, Bachmann and Santorum, are free-market Republicans, correct? A ban on porn would facilitate the emergence of an illegal underground industry (considering the 40 million Americans access porn sites regularly). It is already a multi-billion-dollar per year industry (and that's just on the Internet). Perhaps a return to the days of Prohibition (just substitute sex for alcohol) might be necessary for the government to begin regulating the adult industries (which are already regulated -- but aren't Republicans against most governmental regulating of businesses?). Besides, banning pornography for these guys would be simple. Unlike many who use pornography as a sexual stimulant and relationship enhancer, Bachmann and Santorum obviously do not need such in their lives, having eleven children between them in their respective marriages.

At least taking a second vow of marital fidelity might not have been a waste of time (if one assumes, just for laughs, that either of these two will ever become president). Besides, fidelity has always been the measure of a great leader. One great example is the Bible's own King Solomon, who is reported to have had hundreds of wives and concubines, to all of whom he was probably faithful (maybe, most likely... it was a long time ago, so who really knows?). But the "Marriage Vow" equates bigamy and polygamy to homosexuality, which Santorum and Bachmann would like to restrict -- or so they've pledged. Maybe the ruler considered to be among the wisest of all time was not a great example. Perhaps a better example would have been King David...

Funny how there seems to be a lot of reconciling that has to be done with regard to that pledge.


View the original article here

House to stay in session pending debt limit deal (AP)

WASHINGTON – House Republican leaders say they are cancelling a mid-July week off as the deadline approaches for the White House and Congress to reach an agreement on extending the debt limit.

House Majority Leader Eric Cantor put lawmakers on notice that the House will be in session from Tuesday, July 19 through Friday, July 22. That week was to have been a "constituent week" where lawmakers would have returned to their districts.

The Virginia Republican said that during the week the House will consider a balanced budget amendment to the Constitution.

The Senate also canceled a scheduled week off last week as lawmakers demanded that they stay in session to debate deficit reduction and efforts to extend the debt ceiling by the Aug. 2 deadline set by the Treasury Department.


View the original article here

Tuesday, July 12, 2011

GOP on Taxes: Boehner Says 'No;' Cantor Says 'Maybe' (ContributorNetwork)

COMMENTARY | As Republicans and Democrats go back to work on a debt compromise, there is less than a month before critical mass is reached. The debt ceiling for the United States needs to be raised by August 2 or the United States will default on its loans.

Members of the GOP are holding conferences with top Democrats and the White House to hammer out a proposal to reduce the national debt. Otherwise, the Republican-led House of Representatives may not raise the maximum amount of debt the United States can borrow.

Speaker of the House John Boehner (R-Ohio) reiterated his stance by saying there will be no tax raises on working Americans or job creators. Yet his partner in House leaderships, Majority Leader Eric Cantor (R-Va.) said just a day earlier Republicans would be open to a tax increase , but only if they are cut somewhere else.

Which is it? Either there are more tax increases or their might be. It's just a small sliver of difference between what both men said during the negotiations, but it presents a wide difference in bargaining tactics. It also exposes a rift in the GOP.

Boehner must please the conservative base and the tea party when he says no new taxes. Cantor seems to be a little more pragmatic and deals with more centrist and mainstream Republicans who believe a more rounded approach is necessary to solve the budget crisis.

There are no easy answers. President Barack Obama even went so far as to say cuts in Social Security and Medicare may be an option when previously he hadn't. Both sides are supposedly still far apart on the issue. They are all agreeing to disagree even though they already agree. Leaders all come to the consensus that the national debt needs to be solved. Their dispute comes in how they should go about reducing the debt and creating jobs.

Obama's National Commission on Fiscal Responsibility and Reform warned the president and the House leadership that tough choices would have to be made. Cuts will have to come from everywhere, regardless if taxes are raised. The commission suggested raising excise and use taxes on things like gasoline to help bring in more revenue while making cuts at the same time.

Eventually both parties are going to have to realize the combination of more taxes and less spending will bring the United States into fiscal responsibility faster than severe cuts with no tax increases.

William Browning is a research librarian specializing in U.S. politics. Born in St. Louis, Browning is active in local politics and served as a campaign volunteer for President Barack Obama and Missouri Sen. Claire McCaskill.


View the original article here

GOP-leaning group hits Democrats in new TV ads (AP)

WASHINGTON – A Republican-leaning fundraising group with ties to GOP strategist Karl Rove has launched a new phase of its $20 million ad campaign attacking Democrats.

Crossroads GPS is running television ads targeting five Democratic senators up for re-election in 2012. They are Bill Nelson of Florida, Claire McCaskill of Missouri, Jon Tester of Montana, Sherrod Brown of Ohio and Ben Nelson of Nebraska.

The group also is running ads on national cable TV outlets and in presidential battleground states including Colorado, Iowa, North Carolina, New Mexico, Nevada and Virginia criticizing President Barack Obama. It's also targeting a handful of House districts.

The ads will begin running Friday. Crossroads is spending about $7 million on the effort.

Crossroads and an affiliated organization, American Crossroads, spent $38.6 million in 2010 against Democrats.


View the original article here

Can Mitt Romney Win Without Tea Party Support? (ContributorNetwork)

ANALYSIS| Of course Tea Party activists would like the Republican candidates for president to believe that not receiving the Tea Party official stamp of approval will cost them the 2012 GOP nomination, but do they really have that kind of power? If one watches Fox News and CNN, one might think so. But does it actually exist? Mitt Romney has almost no support from Tea Partyers, according to a recent CNN article, yet he leads the Republican field in most national polls by a large margin.

"My prediction would be is that somebody is going to fill that vacuum, the true fiscal conservative in the race," said Matt Kibbe, president of the Tea Party organizer FreedomWorks. He added, "We're not waiting. We're shopping."

At a June planning session, 150 Tea Party organizers were invited and asked to name their top choice for the 2012 GOP nomination. Only one supported former governor Romney.

Romney's most challenging problem with Tea Party members seems to be the health care reforms that he endorsed and signed into law in Massachusetts while governor of the state. He has defended the reforms, noting differences between the state's health care reforms and the unpopular reforms undertaken by the Obama administration. Many in the Tea Party movement, like Kibbe, feel that his defense of Massachusett's health care system is "doubling down."

Another part of Romney's problem is the evangelical vote. Since 44 percent of Tea Partyers self-identify as evangelicals, the members not lost on the health care could be lost among that particular demographic because of Romney's Mormon beliefs. A recent Gallup poll indicated that 18 percent Republicans and 19 percent Independent voters said they would not vote for a Mormon for president, which would indicate that, since nearly 80 percent of Tea Party members are Republicans or Republican-leaning Independents, there is most likely some overlap.

As troubling as the numbers might be, it should also be considered that, despite all the media hype and coverage given the Tea Party movement, their actual numbers may not be that strong. According to Patchwork Nation, a reporting project of the Jefferson Institute that studies American demographics, online databases only point to Tea Party membership nationwide as around 67,000 individuals. As Jefferson Institute Director Dante Chinni pointed out in an article for PBS, even if magnified ten-fold, the number of actual Tea Partyers remains insignificant.

So can candidate Mitt Romney simply write off the Tea Party during the 2012 Republican nomination process and hope they realign with the GOP if he eventually wins the Republican nomination for president? Or does he find a way to woo the seemingly more conservative element to his camp, such as offering the vice presidency to the likes of Tea Party Caucus leader Rep. Michele Bachmann or Tea Party favorite Herman Cain? The movement does seem to have a strong media presence, especially at Fox News Channel, which has been accused of fostering a marginal fringe movement as a national groundswell. But perception can be powerful thing. And regardless of how powerful the Tea Party actually is, the perception of its power and influence is seen as rather important in GOP circles.

As it stands, in the coming weeks and months, unless Romney alters his political stance considerably, it appears as if he will campaign without much, if any, Tea Party support. Although it might hurt him somewhat in the Republican race, it might not hurt him at all in the general election, as nearly half of Americans' hold an unfavorable opinion of the Tea Party movement.


View the original article here

House GOP set to repeal incandescent bulb ban (Daily Caller)

Republican House members are preparing themselves to take a stand to save the incandescent light bulb.

Monday, the House of Representatives will vote on H.R. 2417, the Better Use of Light Bulbs (BULB) Act, a bill to repeal the federal ban on the incandescent light bulb, contained in a 2007 energy law.

Sponsored by Texas Republican Rep. Joe Barton, the bill would protect Americans’ ability to use the kind of light bulbs they want and not be forced to use mercury containing light sources such as compact fluorescent lights.

“This is about more than just energy consumption, it is about personal freedom. Voters sent us a message in November that it is time for politicians and activists in Washington to stop interfering in their lives and manipulating the free market,” Barton said. “The light bulb ban is the perfect symbol of that frustration. People don’t want Congress dictating what light fixtures they can use.”

Texas Republican Rep. Michael Burgess and Tennessee Republican Rep. Marsha Blackburn joined Barton and 12 other Republicans to reintroduce the bill in early 2011.

“These are the kinds of regulations that make the American people roll their eyes,” said Blackburn. “It is typical of a ‘big Washington’ solution to a non-existent problem. In this case it manifests itself as an overreach into every American home, one that ships good jobs overseas and infuriates the American consumer.” (FEMA faces House heat for taking over flood insurance policies)

Come Monday, Americans may be one step closer to having absolute freedom in their light source choices.

“Traditional incandescent bulbs are cheap and reliable. Alternatives, including the most common replacement Compact Fluorescent Lights or CFL’s, are more expensive and health hazards – so why force them on the American people?” said Barton. “From the health insurance you’re allowed to have, to the car you can drive, to the light bulbs you can buy, Washington is making too many decisions that are better left to you and your family.”

Follow Caroline on Twitter

Read more stories from The Daily Caller

House GOP set to repeal incandescent bulb ban

Obama sounds a lot like the Chamber of Commerce

Hell hath no fury or fundraising like a union scorned

Where is the Democratic budget?

Former federal employees still receiving taxpayer credit cards


View the original article here

GOP leader: Rise in unemployment rate could sink Obama (VIDEO) (The Christian Science Monitor)

Washington – The increase in the nation’s unemployment rate in June is a major moment in President Obama’s reelection campaign and comments by one of Obama’s top advisers minimizing the political effects of joblessness are “like nails on a chalkboard to voters,” a top Republican strategist says.

Ed Gillespie, a former chairman of the Republican National Committee, told reporters at a Monitor-sponsored breakfast Friday that recent focus groups show independent voters think unemployment “is very important, and it is personal to them as we saw in these focus groups.”

Mr. Gillespie is referring to a series of focus groups conducted among independent voters in June by Resurgent Republic. It is a Republican group aimed at shaping the debate on the role of government. Gillespie is on the board of Resurgent Republic.

RECOMMENDED: Unemployment up? Not in these four maverick cities.

The focus groups included 41 independent voters. These independents – 31 of whom voted for Obama – don’t hold the president solely responsible for the economy’s problems, but are skeptical of his leadership and spending policies. They “don’t think he has made things better,” Gillespie said.

Jobless figures released Friday morning, showing the unemployment rate rose to 9.2 percent in June, are "reinforcing" data released last month which showed joblessness on the rise in May. Rising joblessness as the election draws closer “was a seminal moment in the reelection campaign,” Gillespie said. No modern president has been reelected with unemployment at its current level.

Gillespie blasted Obama confidant David Plouffe, who ran the President’s 2008 election campaign and now carries a “senior adviser” title at the White House. Mr. Plouffe spoke at a Bloomberg News breakfast on Wednesday, where he said that “the average American does not view the economy through the prism of GDP or unemployment rates or even monthly job numbers.”

Instead, Plouffe said, voters will vote based on “how do I feel about my own situation? Do I believe the president makes decisions based on me and my family?”

Voters “know the economy is bad,” Gillespie said. “When they hear people say, like the president of the United States, 'Well, just a bump in the road' or 'Things are not that bad,' it is like nails on a chalkboard to them. And for Plouffe to say, 'Well, unemployment doesn’t really matter in terms of the president’s reelection,' that will be more nails on the chalkboard to voters.”

RECOMMENDED: Unemployment up? Not in these four maverick cities.

----

youtube


View the original article here

GOP looks for upset in race for Calif. House seat (AP)

By MICHAEL R. BLOOD, AP Political Writer Michael R. Blood, Ap Political Writer – Sun Jul 10, 2:28 pm ET

TORRANCE, Calif. – Coastal California is Democratic turf, where the party often rolls up landslide victories for its candidates. In 2008, President Barack Obama scored a 31-point win in the 36th Congressional District, which runs from the famous Venice boardwalk through the beaches south of Los Angeles International Airport.

But this is a different year.

In a season of turbulent politics, a little-noticed runoff election Tuesday for the House seat vacated by former Democratic Rep. Jane Harman has become unusually competitive.

Supporters for the Democratic candidate, Los Angeles City Councilwoman Janice Hahn, are jittery, while Republicans see a potential upset in the making for businessman Craig Huey, who owns marketing and advertising companies and has largely bankrolled his campaign with at least $795,000 in personal funds.

"This is the West Coast's `Scott Brown moment,'" the conservative California Republican Assembly wrote to supporters in an email Friday, referring to the Republican senator's upset in Massachusetts last year. Brown won a special election for the Senate seat long held by Democratic Party icon Edward M. Kennedy.

In May, Democrats picked off a New York congressional seat in a heavily Republican district after capitalizing on fears over a Republican plan to roll back Medicare and Social Security benefits, making the GOP eager to turn the tables in California, a reliably Democratic state in national elections.

GOP activists say a Huey upset could be a harbinger for U.S. national elections next year, but it may have little meaning for 2012 in California because legislative and congressional districts are being redrawn by an independent commission.

Despite a commanding 18-point registration edge for Democrats in the district, tallies of mail-in ballots suggest a potentially tight finish. Hahn remains the favorite, but the likelihood of a paltry turnout in a mid-summer special election means a small number of votes could swing the result.

In a state with double-digit unemployment, a housing crisis and government budget problems "voters are cranky and don't feel good about what's going on," said veteran Democratic consultant Bill Carrick.

"The potential for surprises in elections — not just in this election, but in the next year or so — are pretty high," Carrick added.

One unknown is the role of independent voters, who account for 22 percent of the district's electorate. Statewide, voters who decline to state a party preference typically side slightly more with Democrats than Republicans, but also tend to be unpredictable and more fiscally conservative than typical Democrats.

Huey was able to mobilize the district's conservative and tea party voters during the May primary, where he scored a narrow — and somewhat surprising — victory over Democratic Secretary of State Debra Bowen, the third-place finisher. Many had expected Hahn and Bowen to finish 1-2 in the first congressional election under California's new top-two primary system. If no candidate clears 50 percent of the vote to win outright in the primary, the contest is decided in a runoff between the top two finishers.

Tuesday's election provides a stark choice: Hahn, 59, is a labor-backed liberal eager to see the end of the wars in Iraq and Afghanistan and growth in the alternative-energy industry; the conservative Huey, 61, has attacked Obama's leadership while promising to help his party slash spending, taxes and debt in Washington.

Underscoring the stakes, the California Republican Assembly is busing in volunteers from as far away as the San Francisco Bay area and San Diego to knock on doors for Huey. Hahn's campaign, which has been piling up debt, pleaded Friday for supporters to send at least $11 to help pay for volunteers to knock on doors.

Organizing for America, the group that provides the Democratic Party's foot-soldiers, is appealing to supporters to make thousands of phone calls.

Retiree Ann Dupuy is a loyal Democrat who has watched a forest of Huey lawn signs sprout in her Redondo Beach neighborhood. She said her son, visiting from Texas, is so alarmed that Hahn might lose that he plans to volunteer for her campaign while he's in California.

Does Dupuy see much enthusiasm for Hahn?

"No," she answered.

With the election scheduled for a July day "it's hard to get people stoked up," she said.

The district's voting history and registration give some perspective to Huey's challenge.

Harman held the seat for eight terms before resigning earlier this year to run a Washington think tank, and in 2008 was re-elected in a 37-point win. Democrats hold a registration edge of 45 percent to 27 percent over Republicans.

Both campaigns have pooled more than $1 million for the race, although Huey's money has come mostly as loans from his own pocket.

Huey has focused his campaign on the economy, but less visible has been his courtship of social conservatives and the church community.

An opponent of abortion rights and gay marriage, Huey has been endorsed by the Government is Not God political committee, which supports candidates "who stand firmly against the unbiblical welfare state." The group supports some of the most conservative members of Congress, and last year backed Nevada Republican Sharron Angle in her bid to oust Majority Leader Harry Reid.

Huey is active in social networking — one Twitter account, which mixes Bible quotes and political commentary, is intended to "help Evangelical Christians vote their values."

He calls Obama's health care overhaul "one of the most irresponsible pieces of legislation in modern history" and has railed against "career politicians," an obvious reference to Hahn.

Hahn is the scion of a political family that counts a Los Angeles mayor and legendary Los Angeles County supervisor in its ranks. She has won a string of high-profile Democratic endorsements, including from former President Bill Clinton.

Her videos have sought to link Huey to Sarah Palin and refer to his agenda as "extremist."

Both sides agree on one thing: The outcome will be decided by turnout — which campaign does a better job of identifying supporters and getting them to the polls.

That might not be easy, given the sour mood of many voters.

Anne Backes of Torrance, a civil engineer and registered Republican, said she expected to vote Tuesday but is undecided.

In recent years "every election I've voted in, I feel like it's the lesser of two evils," said Backes, 49, standing outside a local library. "I'm disappointed in general in the whole system.


View the original article here

Monday, July 11, 2011

Republican Presidential Primary Fundraiser Winners and Losers (ContributorNetwork)

Few lines are as memorable as "Show me the money!" from "Jerry Maguire." Presidential politics requires more than experience, it also requires a lot of money. First quarter fundraising numbers are due from presidential candidates by July 15, but most of the candidates have released their numbers early.

It is easy to get lost in the top line numbers; however, we need to examine the results carefully in order to determine the winners and losers.

Winners

Mitt Romney. The obvious winner of the Q1 money cycle is Romney. The Romney campaign disclosed that they brought in $18.5 million this cycle clearly exceeding his competitors. The only drawback for Romney is that his haul was not a large as it was in 2007 and many people expected larger numbers from him.

Jon Huntsman. Huntsman is attempting to position himself as a moderate alternative to Romney and as an ambassador to China he has not been able to dedicate himself to fundraising like other candidates. He had a very respectable $4.1 million. The Huntsman campaign has clearly stated they were going to skip the Iowa caucuses and this fundraising total will make him competitive in the New Hampshire primary.

Barack Obama. Wait -- wasn't this article about the Republicans? The July 15 deadline applies to the Democrats as well. Obama and the Democratic National Committee had set a target to raise $60 million and they expected to eclipse that mark. Obama is likely to skip public financing and his staff has hinted at spending as much as $1 billion on his re-election campaign.

Losers

Tim Pawlenty. Pawlenty's campaign indicated that it raised $4.2 million. Unlike Huntsman, Pawlenty was one of the first to announce his candidacy and has been raising money longer than the other candidates. These results are disappointing as he is fighting off a challenge from Bachmann in Iowa and will need to compete in both Iowa and New Hampshire. Pawlenty will need to boost his fundraising if he hopes to compete in both states.

Michele Bachmann. Bachmann is known for her grassroots fundraising efforts; however, her Q1 numbers are not expected to be impressive as she announced her candidacy late in the cycle. Her campaign has indicated that they are going to wait until the July 15 deadline, and it is unlikely that they are doing so because they are ecstatic about their numbers. More than likely the campaign is working on a strategy to prevent this disclosure from stopping her momentum from the New Hampshire debate.

The Rest of the Field. The rest of the field provided numbers that were expected and have not changed the race. Newt Gingrich's campaign raised $2.5 million, but is in debt and Ron Paul disclosed $4.5 million to fund his vanity contest. The rest of the candidates will be spending the next few weeks spinning their low numbers (if press talks to them at all).

Based on the first debate and the Q1 results there is no doubt now that Mitt Romney is the front runner. Republican donations are coming in at a slower pace than in 2007. Before we give Obama a second term we need to ensure that we understand the differences between the 2008 and 2012 elections. The 2008 election was an open election with a small number of serious candidates. The upcoming election is against an incumbent and the Republicans have at least three strong candidates and two (Palin, Perry) that have not ruled out a run. It is not unusual for the incumbent party to outpace the challengers. This year it appears that the gap is larger as the Republican money is sitting on the sidelines waiting for the field to sort itself out; however, it is likely that once a challenger is chosen the Republican candidate will not hurt for resources.


View the original article here

GOP Still Not Realistic on Debt Reduction Talks (ContributorNetwork)

COMMENTARY | Despite Speaker of the House John Boehner, R-Ohio, claiming Republicans have backed down in debt talks, they still don't have a grip on reality. Instead of going for $4 trillion in deficit reductions over the next 10 years, Boehner and the Republicans are aiming for a proposal about half that. Boehner claims the White House won't go for larger reductions without raising taxes.

"I believe the best approach may be to focus on producing a smaller measure, based on the cuts identified in the Biden-led negotiations, that still meets our call for spending reforms and cuts greater than the amount of any debt limit increase," Boehner said in a released statement.

Majority Leader Eric Cantor, R-Va., reiterated the need for no tax increases. He sided with Boehner when it came to the present negotiations.

"It does not make sense for Americans to suffer under higher taxes in an economy like this. As the Speaker said, there is no way that the House of Representatives will support a tax increase," Cantor said, according to his website.

Despite the assertions the GOP is caving in to the White House's demands, their statements are still way off base. It doesn't make sense to focus on who to blame for the current situation, but Republicans need a reality check. Boehner's further comments need to be examined.

"Washington's spending problem has continuously created uncertainty among private-sector job creators. Instead of cutting spending and getting our fiscal house in order, the Democrats who run Washington want to increase taxes to pay for their out-of-control spending," Boehner said in a released statement.

There are two problems with Boehner's and Cantor's words. Cantor claims taxpayers don't need to suffer. Well, Americans have been suffering for 10 years of two wars to pay for, a housing bubble that burst and huge bailouts started by the George W. Bush plan during his eight years in office.

The other thing to take exception with is that Boehner doesn't seem to remember it was the "job creators" who helped produce this fiscal emergency in the United States. American home lenders went overboard and got drunk on making money quickly on a housing market when they allowed less-than-worthy citizens own homes on bad credit.

High gas prices at the same time didn't help consumer prices and Americans had a choice--pay for the gas to get to work or pay for a mortgage. In the end, they tried to just get to work but then ended up losing their jobs anyway. Big oil companies are still reaping the benefits of high gasoline prices.

The housing market and the jobs in America were dependent upon construction and property prices. The entire economy hasn't been the same since.

Boehner and Cantor are complaining to Democrats who run Washington. But it was Obama's predecessor, with Boehner as the leader of the GOP in the House, who ran the economy into the ground. The very same industry that creates jobs didn't care about Americans and just wanted to make a quick buck. It's time for them to pay. Job creators such as large banks and huge oil companies don't need to make any more money. They owe Americans who are suffering because of them.

Health care costs are also skyrocketing and high medical bills continue to plague Americans. Perhaps taxing health care, cigarette makers and alcohol distillers will help fill the U.S. Treasury in order to ease the pain of the United States.

It only makes sense.

William Browning is a research librarian specializing in U.S. politics. Born in St. Louis, Browning is active in local politics and served as a campaign volunteer for President Barack Obama and Missouri Sen. Claire McCaskill.


View the original article here

Perry putting out feelers in Iowa (Daily Caller)

A new development in the will-he-or-won’t-he guessing game over Rick Perry’s possible presidential run: the Texas governor has started to call Iowa Republican donors, according to Politico.

Apparently a number of donors in the state are unhappy with the current crop of Republicans vying for the Republican nomination, and plan to convene a meeting of national donors in Austin in late July. The meeting, which Perry may not even attend, is a meeting of his political allies, hoping to determine what kind of funding would be available for a presidential run. “This isn’t the first or last meeting,” a source told Politico. (Rick Perry may have tough time swaying Latino voters)

One activist, a prominent Iowa Republican named Joni Scotter, said Perry called her and asked if he should run. He was undecided, but she told him “of course” he should.

Scotter wouldn’t say more about the conversation, but Perry’s spokesman Dave Carney confirmed that the governor had been reaching out, “calling some folks, returning some calls and listening to what folks have to say.”

Meanwhile, a group not officially affiliated with Perry hired former Newt Gingrich staffer Craig Schoenfeld to gather support for the governor in Iowa’s Ames Straw Poll. Schoenfeld is a key player in Iowa politics, and the group hopes to raise both Perry’s Iowa and national profiles.

Read more stories from The Daily Caller

Perry putting out feelers in Iowa

Does Eric Cantor have a conflict of interest in debt ceiling debate?

Even Whoopi Goldberg confused why she hosted Dalai Lama talk

Would you give up the internet? [VIDEO]

Congressional staffer resigns after sending inappropriate tweets


View the original article here

GOP says weak job report means no tax hikes (AP)

WASHINGTON – Top congressional Republicans said Friday that a report that few new jobs were created last month shows this is not the time for the government to be raising taxes. But the GOP House speaker said the gloomy numbers also underscored the need for a deal on raising the federal debt limit and cutting massive budget deficits.

With the Obama administration and Congress looking for a compromise to end their standoff over government debt, House GOP leaders used the latest jobs reports to drive home their position on taxes.

"The situation that we face is pretty urgent, as a matter of fact I would describe it as dire," House Speaker John Boehner said at a news conference, emphasizing that "a debt limit increase that raises taxes or fails to make serious spending cuts won't pass the House."

He was backed up by Majority Leader Eric Cantor, who said that deficit reduction talks held by Vice President Joe Biden that Cantor abandoned had ended because Democrats were insisting on raising taxes.

"Now it just does not make sense for Americans to suffer under higher taxes in an economy like this," said Cantor, R-Va.

Obama has insisted that some revenue increases be included in a deficit-reduction plan.

Boehner, R-Ohio, also stressed the need to reach a deal before the government starts defaulting on its debt on Aug. 2.

"I frankly think it puts us in an awful lot of jeopardy and puts our economy in jeopardy, risking even more jobs. So I believe it is important that we come to an agreement," he said.

The Labor Department said Friday that the economy added only 18,000 jobs last month. The unemployment rate ticked up slightly to 9.2 percent.

Boehner said congressional leaders and President Barack Obama were not near a debt limit agreement.

"I don't think this problem has narrowed at all in the last several days," he said.

After Obama met with congressional leaders Thursday at the White House, Obama said the session had been constructive. The talks are to resume at the White House on Sunday.


View the original article here

Republicans take advantage of Department of Energy’s Twitter Q and A session (Daily Caller)

The Obama Administration is using social media for all it’s worth. On Wednesday, President Obama participated in a first-ever Twitter town hall, and federal agencies are following suit.

The Department of Energy is hosting a Twitter Question-and-Answer session Friday afternoon on fuel economy. Inquirers can tweet questions like “how can I save money on gas this summer?” provided they are 140 characters or less.

Some Republicans on the Hill already got a head start asking questions. Many of them are from the House Energy Action Team (HEAT).

Rep. Steve Womack asked, “@Energy Will the Admin support an #energy plan to cut the red tape stalling domestic energy production & create new jobs? #4jobs #heat.”

Rep. Bill Johnson of Ohio went a more personal route and asked “When will @energy OK loan guarantee for #Piketon OH #USEC plant that will bring #jobs 2 southern Ohio? #HEAT #OH06.”

Rep. Mike Rogers of Alabama tweeted “RT @Energy: Will the Admin support the House-passed #energy legislation to end bureaucratic barriers to domestic production? #HEAT.” (Electric cars get renewed push on Capitol Hill)

And Rep. Cathy McMorris Rogers followed suit by asking “Q: @Energy: Americans don’t face a shortage of domestic #energy; we face a surplus of gov’t regulations. How are regs #4jobs? #HEAT.”

The question-and-answer session will behind Friday afternoon at 1 p.m. Questions will be answered by the Department of Energy’s fuel economy expert, Dr. David Greene. The agency’s Energy Blog already has some suggestions for getting the most bang for your buck at the pump.  “Don’t B-E aggressive” and “Don’t carry extra junk in your trunk,” are just two of the many tips.

Read more stories from The Daily Caller

Republicans take advantage of Department of Energy's Twitter Q and A session

Miss America 2011 Teresa Scanlan discusses young people, politics, hard work and confidence with TheDC

Bloomberg to officiate one of New York's first gay weddings

TheDC Morning: Another stunning stimulus success

Romney: I would fire Obama aide


View the original article here

Republicans Have a Short Memory in Debt Ceiling Talks (ContributorNetwork)

COMMENTARY | "Many of you have talked about the need to pay down our national debt. I listened, and I agree. We owe it to our children and our grandchildren to act now, and I hope you will join me to pay down $2 trillion in debt during the next 10 years. At the end of those 10 years, we will have paid down all the debt that is available to retire. That is more debt repaid more quickly than has ever been repaid by any nation at any time in history." - George W. Bush, 2001, in his first State of the Union address.

This was the promise Bush made. Not only was it not kept, it went in the opposite direction. According to Politifact, under Bush the debt went from $5.73 trillion to $10.7 trillion. Whenever I talk about these figures, the inevitable response is "stop blaming Bush" and the like. But this relates to today's ongoing argument about raising the debt ceiling. It's important to look by comparison at the behavior of Congress surrounding this important issue to determine the motive behind the argument.

A recent article on ThinkProgress highlights the hypocrisy. Between 2001-2008, the current GOP leadership, including House Speaker John Boehner, House Majority Leader Eric Cantor, Senate Minority Leader Mitch McConnell, and Senate Minority Whip Jon Kyl voted 19 times to increase the debt limit. NINETEEN! And for what? Let's look at the main spending priorities: two unfunded wars, an unfunded prescription drug program, and the Bush tax cuts. Reuters reports the wars alone will end up costing $3.7 trillion minimum. But look at all we got for the money, right?

I want some consistency in these "leaders." Ezra Klein at the Washington Post shows how ending the Bush tax cuts alone would have a massive effect on the deficit, but Republicans are totally against it. Why? Where are the jobs the Heritage Foundation promised as a result of the cuts? I'm sure they'll show up any day now. The tax argument fascinates me as well. Taxes are at the lowest rate in 60 years, but still we have people out with their signs: Taxed Enough Already. Really?

When Republicans try to exclude their sacred cows and hold the country hostage over the debt they had no problem cranking up by $5 trillion, that's a problem. I wouldn't bet on support in 2012.


View the original article here

Sunday, July 10, 2011

Obama: 'We need to' work out debt deal in 10 days (AP)

By JIM KUHNHENN and LAURIE KELLMAN, Associated Press Jim Kuhnhenn And Laurie Kellman, Associated Press – 2 hrs 7 mins ago

WASHINGTON – President Barack Obama said Sunday that "we need to" work out a debt deal within the next 10 days as he convened a meeting with congressional leaders, aiming to fashion a deficit reduction package for the next 10 years.

Obama and the eight top House and Senate leaders assembled in the White House Cabinet Room for about 90 minutes during a rare Sunday session, less than 24 hours after House Speaker John Boehner abandoned plans to negotiate a massive $4 trillion deal for reducing the debt.

As the meeting opened, Obama and the leaders sat around the table in Sunday casual dress. Asked whether the White House and Congress could "work it out in 10 days," Obama replied, "We need to."

Despite Boehner's preference for a smaller, $2 trillion plan for deficit reduction, White House aides said Sunday that Obama would press the lawmakers to accept the larger deal. Republicans object to its substantial tax increases and Democrats dislike its cuts to programs for seniors and the poor. The aides, however, left room for negotiations on a more modest approach.

"He's not someone to walk away from a tough fight," White House chief of staff William Daley said. "Everyone agrees that a number around $4 trillion is the number that will ... make a serious dent in our deficit." But embedded among the tough words was rhetoric that acknowledged the "big deal's" prospects had become uncertain at best.

"We're going to try to get the biggest deal possible," said Treasury Secretary Timothy Geithner.

It was an abrupt change from 24 hours earlier. Republicans late Saturday rejected the $4 trillion proposal, the largest of three under consideration, because its tax increases would doom it in the GOP-led House, Speaker John Boehner said.

The Ohio Republican informed Obama that a package of about $2 trillion, which bipartisan negotiators had identified but not agreed to, was more realistic.

Senate GOP leader Mitch McConnell of Kentucky left little doubt that the $4 trillion deal was dead.

"I think it is," McConnell said. Raising taxes amid 9.2 percent unemployment, he added, "is a terrible idea. It's a job killer."

The statements threw into question the extent to which the Sunday meeting, called for 6 p.m. EDT, would move the talks toward a resolution as an Aug. 2 deadline loomed. That's when the nation would begin to default on its debts, administration officials say, if no deal is reached to raise the borrowing limit from $14.3 trillion.

The International Monetary Fund's new chief, Christine Lagarde, said that if the U.S. fails to act, she foresees "interest hikes, stock markets taking a huge hit and real nasty consequences" for the American and global economies.

"I would hope that there is enough bipartisan intelligence and understanding of the challenge that is ahead of the United States, but also the rest of the world," she said.

Republicans have demanded that any plan to raise the debt limit be coupled with massive spending cuts to lighten the burden of government on the struggling economy. Higher taxes, Republicans have said from the start, are deal-killers if not offset elsewhere.

But Obama has a long way to go to satisfy lawmakers in his own party, too. Many Democrats are unnerved by the president's $4 trillion proposal because of its changes to Medicare and Medicaid.

Political pain is part of the deal and should be worth bearing, Daley said. Obama, he added, was calling on lawmakers to "step up and be leaders."

He cast Obama as uninterested, for now, in a more modest proposal which, like the $4 trillion deal, would extend the debt limit through 2012.

Geithner cautioned that a package about half the size of the one Obama prefers would be equally tough to negotiate because it, too, could require hundreds of billions in new tax revenue — anathema to Republicans. Lawmakers said that previous bipartisan talks, led by Vice President Joe Biden, identified a fraction of cuts that would be needed even for the more modest packages.

Even so, Boehner insisted the smaller proposals had more realistic chances of passing. One would call for about $2 trillion in deficit reductions, most accomplished through spending cuts that have been identified but not signed off on by the Biden group.

"I believe the best approach may be to focus on producing a smaller measure, based on the cuts identified in the Biden-led negotiations, that still meets our call for spending reforms and cuts greater than the amount of any debt limit increase," Boehner said.

The package of $2 trillion to $2.4 trillion in deficit reduction identified by the Biden-led negotiators would still require Republicans to accept some increase in tax revenue. Republicans walked out of those negotiations after they were unable to accept about $400 billion in new tax money that the White House proposed by closing loopholes, ending some corporate subsidies, and limiting the value of deductions for wealthy taxpayers.

One option now under consideration by Obama administration officials would call for capping some deductions for wealthy taxpayers at the 28 percent tax rate and using the revenue to help pay for a yearlong extension of a current payroll tax cut. The extension would expire at the end of 2012, but the cap on deductions would continue, generating new revenue in the long term. Capping all itemized deductions at the 28 percent rate would generate about $293 billion over 10 years.

Daley was on ABC's "This Week," as was Lagarde. McConnell appeared on "Fox News Sunday" and Geithner was interviewed on NBC's "Meet the Press" and CBS' "Face the Nation."


View the original article here

Boehner reportedly raises $29 million for Republicans (The Ticket)

(Photo of Boehner: Chip Somodevilla/Getty Images)

Fundraising in the 2012 GOP presidential race may have gotten off to a slow start, but that's not the case for the cash-collecting work of House Speaker John Boehner.

Sources close to Boehner tell The Hill's Michael O'Brien the top House Republican has raised more than $29 million so far this year. Of that total, $12 million went to his various fund-raising committees, including his leadership PAC. The rest he raised for individual GOP candidates and party committees.

By comparison, Boehner raised $50 million over the entire course of the 2010 election, when Republicans were fighting to regain majority control of the House.

Boehner's enormous fundraising haul comes as Republicans prepare for what could be a bruising 2012 campaign.

It's probably not a coincidence that aides to the House speaker are leaking out how much Boehner is doing to financially boost the party. As he continues to attempt to negotiate a deal with the White House over the debt limit, Boehner is facing a rebellion within his own ranks over how to reduce the federal deficit.

As the New York Times' Carl Hulse reports, Boehner has reportedly signaled his willingness to generate new revenues though an overhaul of the tax code. But other House Republicans have rejected that proposal, saying that it could prompt tax increases. Meanwhile, a significant portion of the House GOP caucus simply won't vote to raise the debt limit, no matter how strongly Boehner lobbies them.

If a budget deal is to be struck, Boehner must convince at least two-thirds of his caucus to support him--hence the reminder of how much the speaker has done to help them in their bids for re-election.


View the original article here

Cantor signals flexibility on tax loopholes (AP)

WASHINGTON – A top House Republican is signaling that he's willing to consider White House proposals to close tax loopholes in advance of a meeting tomorrow with President Barack Obama over cutting the budget and permitting the government to continue to borrow to meet its obligations.

Majority Leader Eric Cantor said that "we'll be glad to talk loopholes" at the White House. The Virginia Republican was a participant in budget talks led by Vice President Joe Biden but left the talks because of administration demands on taxes.

Cantor said any revenue raised by closing loopholes like preferences for the oil and gas industry should be used to pay for "tax cuts somewhere else." His earlier position was that closing loopholes should wait for a comprehensive effort to reform the tax code.


View the original article here

Republicans back new revenues in debt deal: Kyl (Reuters)

WASHINGTON (Reuters) – Republicans have tentatively agreed to between $150 billion and $200 billion in increased revenues in budget talks, Republican Senator Jon Kyl said on Wednesday.

"If the government sells something and gets revenue from it, that's revenue. If there is a user fee of some kind and we want to raise that to keep up with the times, that's revenue. And if you add up all of the revenues that we Republicans have agreed to, it's between $150 billion and $200 billion," Kyl said on the Senate floor.

(Reporting by Andy Sullivan and Richard Cowan; Editing by Philip Barbara)


View the original article here

Obama, GOP to meet Thursday on debt limit (The Ticket)

(Manuel Balce Ceneta/AP)

Following a public breakdown in debt limit talks on Capitol Hill, President Obama reports he will meet with congressional Republicans to continue the discussion Thursday at a closed-door meeting.

"I've asked leaders of both parties and both houses of Congress to come here to the White House on Thursday so we can build on the work that's already been done and drive towards a final agreement," the president said at a Tuesday night press briefing.

Obama slammed talk of a short-term deal to raise the government's debt ceiling to avoid default before the Aug. 2 deadline. He insisted that such an agreement would simply "kick the can down the road" and would achieve no long-term accord on the country's deficit problems. Senate Minority Leader Mitch McConnell (Ky.) is among those lawmakers who've publicly floated that idea.

Talks with congressional leaders appeared to stall two weeks ago when House Majority Leader Eric Cantor (R-Va.), walked out of discussions headed by Vice President Joe Biden over Democratic demands for an increase in tax revenue--a move Cantor and other critics say would just translate into tax hikes. Republicans say any deal to increase the debt limit must include offsets via spending cuts.

Obama chose to publicly scold members of Congress at a press conference last week, accusing Republicans of an unwillingness to cut their "sacred cows" and suggesting all members have procrastinated on the debt ceiling issue, comparing their work ethic--unfavorably--to that of his two young daughters.

Republicans quickly pushed back on the accusations, including the president's claim that he's been more available to work on this issue than have members of Congress, who have been in and out of recess.

"I think the best way to get an appointment with the president is to set up a tee time," Sen. John Thune (R-S.D.) said on Fox News last week, referencing Obama's enthusiasm for golf.

McConnell (who has invited the president to talks and been refused in recent days) and other GOP lawmakers have confirmed that they have accepted the president's invitation, but they note that they have yet to see what will be proposed.

McConnell expressed hope, but also doubts about the talks during a speech on the Senate floor Wednesday morning:

We're eager to meet with the president to see if he is really willing to do something big for the country. We don't think it's absolutist to oppose more stimulus spending. We don't think it's Maximalist to oppose hundreds of billions of dollars of tax hikes in the middle of a job crisis. We have a better term for it: common sense. So we're ready to meet with the president on Thursday. Maybe he will have changed his mind and returned to his commonsense approach just back in December when he said that preventing tax hikes means -- quote -- 'freeing up other money to hire new workers.'

Indeed, amid all the partisan charges and counter-charges, leaders on both sides of the aisle remain doubtful about the odds for a final accord on a deal to raise the debt ceiling.

Even as he announced the scheduled Thursday meeting, the president made a point of tamping down expectations. "I don't want to fool anybody," he said, "we still have to work through some real differences."

The Treasury Department says the government will run out of available tools to pay its bills as of Aug. 2. The White House set July 22 as the target date for Congress to reach an agreement to avoid default.


View the original article here

Saturday, July 9, 2011

Republicans agree to revenue increases: Senator Kyl (Reuters)

WASHINGTON (Reuters) – One day before a crucial U.S. budget meeting between the White House and congressional leaders, a high-ranking senator said Republicans have agreed to including significant revenue increases in a deficit-reduction framework.

"If you add up all of the revenues that we Republicans have agreed to, it's between $150 billion and $200 billion," said Senator Jon Kyl, the No. 2 Republican in the Senate.

Kyl said two possible ways to bring additional revenue to the government would be through sales of government property and additional fees for government services,

Meanwhile, House of Representatives Majority Leader Eric Cantor floated a possible tax compromise, saying Republicans could agree to closing some tax breaks in a budget deal as long as they were offset with tax cuts elsewhere.

"Any discussion about loopholes must be accompanied by offsetting tax cuts," Cantor said at a news conference.

Republicans had been adamant about tax increases not being included in a deficit-reduction deal that President Barack Obama hopes clears the way for also increasing U.S. borrowing authority.

In a lengthy speech on the Senate floor, Kyl talked about increased revenues from the sale of government assets or higher user fees.

He criticized, however, Democratic proposals to get rid of tax breaks on corporate jets or tossing an accounting method known as "last in first out" that eases business tax burdens.

Democrats say they have offered up a "menu" of revenue increases of as much as $400 billion in the deficit-reduction and debt limit talks.

If the limit on U.S. borrowing authority, now at $14.3 trillion, is not raised by the Treasury Department's August 2 deadline, there are fears the United States could either miss some debt repayments or be forced into cutting off major government benefits including Social Security checks.

Obama said such an outcome could push the United States economy into a second recession or worse.

On Thursday, Obama is scheduled to meet at 11:15 EDT with a bipartisan group of congressional leaders. Obama will push for a big agreement that could target as much as $4 trillion in savings -- double the size of what had been under discussion, according to Democratic officials. They provided no details on how they would reach that target.

(Additional reporting by Thomas Ferraro, Susan Cornwell, Jeff Mason and Steve Holland in Washington and Richard Leong in New York; editing by Ross Colvin and Jackie Frank)


View the original article here

Pawlenty chides top adviser over Bachmann comment (AP)

AMES, Iowa – Republican presidential candidate Tim Pawlenty says a top campaign adviser was wrong to suggest GOP rival Michele Bachmann's popularity was due partly to her "sex appeal."

One of Pawlenty's senior campaign advisers, Vin Weber, made the comment during an interview with The Hill, a congressional newspaper. Weber was explaining why he thought the Minnesota congresswoman would be difficult to beat in Iowa's leadoff nominating caucuses in February.

Pawlenty, Minnesota's former governor, told The Associated Press during a campaign stop Wednesday in Iowa that Weber wasn't speaking for the campaign and "you shouldn't use sex appeal in evaluating a candidate's fitness for office." Weber has apologized for the remark.

Bachmann recently finished near the top in an Iowa poll. Pawlenty was campaigning in northern and central Iowa Wednesday.


View the original article here

Bush allies could target Rick Perry’s presidential bid (The Ticket)

Perry and Bush (Pablo Martinez Monsivais/AP)

Rick Perry is still weeks away from deciding whether he'll make a bid for the GOP presidential nomination, but there are already signs he might face opposition from at least one influential GOP constituency: supporters of George W. Bush.

While Perry and Bush used to be close political allies, the bad blood between the two has become legendary in Texas in recent years, dating back to when the current Texas governor was quoted questioning Bush's conservative credentials in 2007.

As the New York Times' Jim Rutenberg and Jeff Zeleny write today, it's a message that Perry could revive in hopes of distinguishing himself from Bush in a potential 2012 run. But the strategy could also mobilize Bush's inner circle to work against a Perry candidacy, which they are already threatening to do.

"If you're really trying to be the nominee and want to go the distance, you just don't want the former president of the United States and his people working against you," a close "associate" of Bush, who declined to be named, tells the Times.

But it's unclear if Bush allies could really derail a Perry White House bid. Their previous attempts to undermine the governor have failed. Last year, several former Bush advisers and members of the Bush family, including former President George H.W. Bush, endorsed Kay Bailey Hutchison's primary challenge to Perry in the state's governor's race. But Perry ultimately hung on, becoming the longest serving governor in the country.

Dave Carney, a Perry adviser, downplays the tensions between his boss and Bush, telling the Times, "They are in the same church, different pews."


View the original article here

GOP senators bash Holder’s decision to give civilian trial to Somali terrorist (Daily Caller)

Several Republican senators have signed a letter to Attorney General Eric Holder ripping him for transferring a Somali-based terrorist to the United States for a civilian trial, The Daily Caller has learned.

U.S. officials transferred Somali terror suspect Ahmed Abdulkadir Warsame from a Navy ship, where he was detained for the past couple of months for interrogation, to New York.

The Obama administration did not announce Warsame’s capture before transferring him to New York, where he’s now been indicted on federal charges. If they did announce Warsame’s capture before his transfer, congressional Republicans may have had an opportunity to publicly object to Holder’s decision.

In their letter to Holder objecting to the decision to give Warsame a civilian trial, the GOP senators say Warsame was an “unlawful combatant” who “wore no uniform and fought for no country. But, they say Warsame “is not an American citizen and was not captured on American soil.”

“Mr. Warsame should have been detained outside the United States and, if necessary, tried by military commission,” the GOP senators wrote.

Illinois Republican Sen. Mark Kirk authored the letter. (Elizabeth Warren snubbed Oversight hearing for Vanity Fair interview, internal meetings)

Signing senators, including Senate Minority Leader Mitch McConnell, wrote that Holder’s decision goes against legal precedents and grants a terrorist Constitutional rights that, normally, only American citizens enjoy.

“Your decision to grant this terrorist full U.S. Constitutional rights and to try him in a civilian court on American soil reverses U.S. policy and legal precedent, and adds unnecessary costs and risks to local governments and populations,” they wrote. “Under your decision, Mr. Warsame will be prosecuted as a civilian with considerable expense and time diverted from U.S. criminal cases. His prosecution will trigger more Jihadist attention to the city and court where the prosecution will take place.”

At the time TheDC obtained a copy of the letter and confirmation that it will be sent, 39 of the 47 Senate Republicans had signed it. The letter is still in circulation, so more Republicans may sign it.

Read more stories from The Daily Caller

Gwyneth Paltrow poses topless for Vanity Fair UK

GOP senators bash Holder’s decision to give civilian trial to Somali terrorist

Obama recognizes mistakes in Twitter town hall

Education secretary can go around Congress for No Child reform, report says

New book asks, 'Whatever Happened to Pudding Pops?'


View the original article here

Tea Party Rift? Jim DeMint 'Disappointed' in Michelle Bachmann Over Pledge (ContributorNetwork)

While hawking his new book, The Great American Awakening, Sen. Jim DeMint, R-S.C., told CNN's Christine Romans on "American Morning" today that the government had to stop spending more than it received in revenues. As part of the ongoing budget battles in Congress, the South Carolina senator has developed a pledge for the Republican candidates to sign that advocates stricter spending policies, but fellow tea party favorite Michele Bachmann, a recent poll climber in the present 2012 GOP field, has not signed on.

DeMint finds Bachmann's reluctance "disappointing."

It does not appear to be a rift in the wording of the "cut, cap, balance" pledge, which is designed to slash spending and balance the budget, but in the overall message. Apparently, according to DeMint, Bachmann does not think the pledge goes "far enough."

Romans asked if the Senator was disappointed. "Yes, I am disappointed," he said. "She says she wants to add things like repealing Obamacare, but my point is: This is not the conservative agenda. What it is is one focus we have to have is we have to stop spending more than we're bringing in. Let's let the states decide. This is a point of leverage. If we don't get a balanced budget now, we probably won't anytime in the next few years, maybe never, and we could bankrupt our country in the next 18 months."

Part of that "bankrupt" status comes in the form of whether or not the nation is able to pay its debts, which currently it can only do if it is allowed to borrow enough money with which to maintain operations. According to law, the debt ceiling would have to be raised in order for the U. S. Treasury to borrow enough to pay and keep the nation solvent. Otherwise, according to Treasury Secretary Timothy Geithner, the government will have to shut down everything save essential government operations after Aug. 2. However, Michele Bachmann, in keeping with her tea party agenda (the Minnesota Republican also is the elected leader of the House Tea Party Caucus), maintains that she will not vote to raise the debt ceiling, which is, in effect, curbing spending.

In short, Bachmann seems to agree with Sen. DeMint's pledge, she just seems to think it should include a bit more, like repealing the health care reforms.

But Bachmann just might be shooting herself in the political foot with single-mindedness when dealing with the Health Care reforms issue. Sen. Jim DeMint is considered somewhat of a "kingmaker" when it comes to politicians, his favor curried by any and all that associate themselves with southern, Tea Party, and South Carolina political offices and issues. Of the major 2012 Republican presidential contenders, six have signed his pledge.

A Public Policy Polling South Carolina miscellaneous survey in June showed that Bachmann only garners 13 percent of Republican support when matched up against her GOP colleagues. However, if DeMint were one of the choices for president, her support falls to 5 percent (DeMint: 35 percent).

Refusing to sign Sen. DeMint's pledge might not be a campaign killer, but it could be. South Carolina is traditionally the first primary in the South, a place that has in the past made and broke campaigns. DeMint has stated he will not support a candidate that does not sign his pledge. So disappointing the Senator might lead to Michele Bachmann's disappointment in her run for the presidency.

The South Carolina Primary as yet has no definite scheduled date.


View the original article here

Romney raises $18 million for White House bid (Reuters)

WASHINGTON (Reuters) – Republican presidential hopeful Mitt Romney raised more than $18 million over the last three months, a total that dwarfed his Republican rivals but lagged some predictions.

Romney's second-quarter fundraising reinforced the former Massachusetts governor's role as early Republican front-runner. But it also raised questions about voter enthusiasm for the party's current field of White House hopefuls.

The Romney campaign said on Wednesday the $18.25 million came from all 50 states and the District of Columbia and represented primary donations, not funds for a prospective general election battle against Democratic incumbent President Barack Obama.

Some advisers and analysts had speculated that Romney could raise $30 million or more in the second quarter. Republicans said the sputtering economic recovery may be dampening giving.

"Part of it is the economy. People have less money to give on things like this," said Romney fundraiser Lee Cowen.

A pillar of Romney's support comes from those on Wall Street, Cowen noted, many of whom he said feel "betrayed" by some of Obama's policies.

More Republican establishment figures are giving to the former governor this election season, he said.

Romney, who mounted an unsuccessful presidential bid in 2008, raised more money -- $23 million -- in the first fundraising quarter of 2007, according to Federal Election Commission records. Four years ago, he was less well known.

Still, those figures included some of his own funds. He did not contribute to his campaign for the second quarter of 2011.

The Romney campaign also said it ended the second quarter with $12.6 million in cash on hand.

The sum was at least four times larger than second-quarter fundraising totals for Romney's closest money race rivals, some of whom have only just entered the contest.

Former Minnesota Governor Tim Pawlenty reported raising $4.2 million last week, while Texas congressman Ron Paul's campaign said he collected about $4.5 million.

Jon Huntsman, the former Utah governor and U.S. ambassador to China, formally entered the race on June 21 and has taken in $4.1 million, according to aides. But just under half of that is his own money.

Both Romney and Huntsman have large personal fortunes.

Minnesota congresswoman Michele Bachmann, a Tea Party favorite and formidable fundraiser, has yet to report her second-quarter takings.

Meanwhile, the Obama campaign's second-quarter goal is to raise $60 million including money from a joint account with the Democratic National Committee.

(Editing by Doina Chiacu)


View the original article here

Friday, July 8, 2011

Republicans', Tea Party's Love of Money is Threatening America's Existence (ContributorNetwork)

COMMENTARY | Senate Majority Leader Harry Reid, D-Nev., put forth a bill in the Senate on Monday that calls for "shared sacrifice" by millionaires, according to Real Clear Politics. This comes while the still ongoing debt ceiling talks have yet to produce a deal to keep America from defaulting on its debts after August 2.

President Barack Obama continues to bend over backwards to appease the Republicans and tea partiers, proposing deeper cuts to social programs like Medicare and Medicaid, which would affect hospitals and beneficiaries, according to the Daily Mail. This while chief financial officers of S&P 500 companies saw in 2010 a 19 percent increase in pay to a median average of $2.9 million while American families' median income has fallen $2,500 per year over the last 10 years as stated in the "shared sacrifice" Senate bill.

Yet Republicans like House Speaker John Boehner continually spout public rhetoric against any tax increases, such as that it would make a bipartisan debt limit summit between Congress and Obama "fruitless," even as these same people demand more and more spending cuts, according to UPI.

The Republican and tea party philosophy is one that perversely prefers seeing this country go over a cliff financially (and taking the world with it) than see those who can afford to pay more in taxes pay even just a dollar more of out their precious piles of loot. What is it about money and making sure that rich people get and keep all they can get that is the cornerstone of a conservative philosophy that also likes to espouse Christian values? This despite the biblical warning by Jesus about the "deceitfulness of wealth" that has poisoned the thinking of many of our lawmakers to the point of obsession and delusion.

If a deal on the debt ceiling isn't reached on or before Aug. 2, the responsibility will rest solely with many Republicans and tea partiers, whose greed, selfishness, disdain of the non-rich, and contempt for the founding principles of this nation based on compromise, will threaten the very existence of the America they claim to be so patriotic about.


View the original article here

Huckabee’s daughter goes to work for Pawlenty (The Ticket)

Sarah and Mike Huckabee (Danny Johnston/AP)

Mike Huckabee has been cagey about whether he'll endorse in the 2012 GOP presidential primary, but in what could be a possible hint about his preference, his daughter is going to work for Tim Pawlenty.

Sarah Huckabee Sanders will be a senior political adviser to Pawlenty in Iowa, where she'll lead the campaign's efforts to win the Iowa Straw Poll in August. She held a similar position in her father's 2008 presidential bid.

"It's clear to me that Gov. Pawlenty has what it takes to unite the party, unite the country and beat President Obama," Huckabee Sanders said in a statement.

She's the second key Huckabee adviser to go to work for Pawlenty in recent months. In March, Pawlenty hired Eric Woolson, a Des Moines-based GOP strategist who had been one of Huckabee's key advisers four years ago, to advise his Iowa effort.

Trailing in most early 2012 polls, the former Minnesota governor is investing big in Iowa, in the hopes that a win there could give him the political momentum he needs to win the GOP nomination. He's already running TV and radio ads in the state, and he's set to spend most of the next few weeks campaigning in Iowa.

Pawlenty's decision to hire Huckabee's daughter comes just weeks after the former Arkansas governor publicly advised the GOP hopeful to "get rid" of his campaign advisers after his dismal performance in last month's 2012 GOP debate.


View the original article here

GOP Blinks First in Budget Stare Down (ContributorNetwork)

Two weeks ago, federal budget talks stalled as Republicans walked out of a meeting with Vice President Joe Biden. Speaker of the House John Boehner (R-Ohio) flatly stated "tax hikes are off the table" when it came to budget talks.

The GOP blinked first after President Obama and his aides stared down Republicans in a contest to see who gives in first.

House Majority Leader Eric Cantor (R-Va.) stated July 6 that a tax hike on one part of the economy would have to be offset by tax cuts somewhere else. It's still a promising sign that debt talks can move forward before an August 2, 2011, deadline to raise the debt ceiling of the United States or face more economic problems.

Without raising the debt ceiling, the United States defaults on its loans and obligations. If that happens, the credit rating of the United States government falls, it would cost too much money to borrow more debt and countries wouldn't want to buy U.S. bonds any more.

The United States economy would be crippled by a debt default. Unfortunately, lawmakers are in a bind much like they were when the recession started in 2008. If they do nothing, it's far worse than taking a short-term hit.

The United States still has to come up with money to pay for things somehow. Whether through spending cuts, increasing taxes or both, raising the debt ceiling only postpones the problem. Massive budget deficits must be made up somehow.

Although solving the budget crisis still has a lot of work to do, the GOP caved in first. They don't want to erase any gains they made in the 2010 election. The status quo of compromise between the two parties will have to be good enough for both of them. The Democrats will have to give a little and make deeper cuts than they want to. The Republicans will simply have to raise taxes on something.

Even Obama's private-sector experts he assembled to deal with the budget difficulty said what is needed is a combination of more taxes and less spending. As with the late-term deals cut in December of 2010, These budget discussions won't be any different. Obama caved in to Republican demands to keep tax cuts for the rich . The Republicans, in turn, kept unemployment benefits for people who don't have work thanks to the recession that occurred on the GOP's watch.

What needs to happen is a tax increase that will affect everyone, rich and poor alike. Raising taxes on cigarettes, alcohol and gasoline only have minimal impacts on the individual consumer as prices would go up only a little bit. Over the long term and millions of purchases later, the tax increases add up.

It's only fair that if both sides compromise and everyone has to share a burden in the budget crisis that all Americans should pay more taxes on things we use.

William Browning is a research librarian specializing in U.S. politics. Born in St. Louis, Browning is active in local politics and served as a campaign volunteer for President Barack Obama and Missouri Sen. Claire McCaskill .


View the original article here

Presidential election: Mitt Romney top GOP fundraiser, but behind 2007 pace (The Christian Science Monitor)

Washington – So far, Mitt Romney is the champion Republican fundraiser of the 2012 presidential cycle. On Wednesday, he reported raising $18.25 million in the second quarter of 2011 – all of it for the primaries – with $12.6 million in cash on hand. That’s far more than any other GOP candidate in the field raised, of the numbers released to date.

“Voters are responding to Mitt Romney’s message that President Obama’s policies have failed and that we need new leadership in Washington,” Romney finance chair Spencer Zwick said in a statement. “Our fundraising for the second quarter represents the strong support Mitt Romney has across the country.”

Indeed, Romney’s second-quarter take solidifies his position as the early frontrunner for the GOP nomination. But he failed to match his second quarter fundraising total from his last presidential run in 2007, when he brought in $23.5 million. That figure included $2.5 million of personal funds. This time, he has yet to self-fund. So the real apples-to apples comparison is $18.25 million versus $21 million.

IN PICTURES: Republicans in the 2012 presidential race

Why the decline? The down economy is certainly a factor, political analysts say. But there’s also still a sense that the field is unsettled. Texas Gov. Rick Perry still might jump in. And with so many other competitors, donors could be hanging back to see who develops momentum heading into early caucuses and primaries.

“There’s money on the sidelines,” says Ford O’Connell, chairman of the conservative Civic Forum PAC. “It’ s not necessarily for Governor Perry as much as it is for backing a winner who can go all the way.”

Mr. O’Connell also points out that an independent “Super PAC,” Restore Our Future, founded by former Romney political aides, raised $12 million in the first six months of 2011. The group, whose goal is to help Romney win the presidency, can raise unlimited donations from corporations, unions, and individuals, but must report those donors to the Federal Election Commission.

Romney is also garnering attention for holding a $2,500-per-person fundraiser in London on Wednesday. American citizens and green-card holders are also eligible to donate.

Some presidential candidates have yet to put out their second quarter 2011 fundraising numbers, including: former Sen. Rick Santorum of Pennsylvania, Rep. Michele Bachmann of Minnesota, and President Obama. Congresswoman Bachmann has been a stellar fundraiser in the House, but she was a presidential candidate for less than three weeks of the quarter. Mr. Obama’s campaign predicts a second-quarter total of $60 million, to be shared with the Democratic National Committee. The reporting deadline for second quarter fundraising is July 15.

Here are the totals reported by other candidates:

Rep. Ron Paul of Texas: $4.5 million. Second only to Romney, Congressman Paul’s take reflects the depth of passion among his supporters.

Tim Pawlenty, former governor of Minnesota: $4.2 million. That figure is not outstanding for a candidate who started early and is thought to have top-tier potential, but it’s enough to keep going, analysts say.

Jon Huntsman, former governor of Utah: $4.1 million. That total includes personal money he loaned the campaign. He joined the race only on June 21.

Herman Cain, former CEO of Godfather’s Pizza: $2.5 million, including some “modest seed money” of his own, his campaign reports.

Newt Gingrich, former House speaker: $2 million. But he has only $225,000 in the bank, and debt of about $1 million, according to news reports.

IN PICTURES: Republicans in the 2012 presidential race


View the original article here

Cantor: GOP not responsible for debt stalemate (AP)

WASHINGTON – House Majority Leader Eric Cantor says any deal between the White House and congressional Republicans to avert a government default must include "reforms to the system" so the public will have confidence that Washington can manage the country's finances.

Cantor concedes in an interview on NBC's "Today" show that "special interest loopholes" in the tax code "are never good for growth." But he says Republicans are being wrongly accused of blocking an agreement. The government's borrowing authority expires Aug. 2.

Cantor says differences over such issues as tax breaks for corporate jet owners were not behind his decision to walk out of deficit-reduction talks led by Vice President Joe Biden. The Virginia Republican says "there was a fundamental disagreement over whether we should raise taxes right now. I believe it's counterintuitive."

Cantor's appearance came ahead of a meeting that he and other GOP leaders and leading Democrats will have later Thursday at the White House with President Barack Obama.


View the original article here