Election showcases Obama’s eroding base

Election showcases Obama’s eroding base

Near the midpoint of his presidency, Barack Obama‘s diverse voter coalition reveals giant cracks and he faces major work repairing his standing among independents in states crucial to his re-election chances. Catholics. Older people. Women. Young adults. They shifted toward Republicans in this month’s elections and failed to support Obama’s Democratic Party as they did […]

Democrats cut deal to avoid leadership battle

Democrats cut deal to avoid leadership battle

House Democrats averted a messy leadership struggle, clearing the way for Maryland Rep. Steny Hoyer to become second in command of their new minority without a challenge from South Carolina Rep. James Clyburn. Under an arrangement worked out in private, officials said late Friday that Clyburn would instead receive a new position, title unknown and […]

Obama urges earmark reform; GOP says just get rid of them

Obama urges earmark reform; GOP says just get rid of them

Confronting the nation’s mounting deficit, President Barack Obama is urging Congress to limit spending on pet home-state projects, while Republicans are challenging him to support an outright ban. In his weekly radio and online address Saturday, Obama said that with the economy still struggling to recover from the recession, the U.S. cannot afford unnecessary spending […]

Deficit commission challenges conventional wisdom on budget

Deficit commission challenges conventional wisdom on budget

The leaders of the deficit commission are baldly calling out the budget myths of both political parties, challenging lawmakers to engage in the “adult conversation” they say they want. Their plan — mixing painful cuts to Social Security and Medicare with big tax increases — has no chance of enactment as written, certainly not as […]

Voters not sold on GOP’s agenda

Voters not sold on GOP’s agenda

People back Republican tax cut plans but not the GOP campaign to repeal President Barack Obama‘s health care overhaul, according to a poll suggesting that the Republicans’ big Election Day win was not a mandate for the party’s legislative wish list. Fifty-three percent say income tax cuts that soon will expire should be renewed for […]

Obama on the road and still on a losing streak

Obama on the road and still on a losing streak

President Barack Obama claimed a stronger hand on the world stage Friday despite electoral defeats at home, failure to get a free-trade agreement with South Korea and lackluster international support for his get-tough policy with China on trade and currency disputes. “It wasn’t any easier to talk about currency when I was first elected and […]

Poll: Palin ‘most polarizing’ of GOP wannabes

Poll: Palin ‘most polarizing’ of GOP wannabes

Sarah Palin is the most polarizing of the potential 2012 Republican presidential candidates, while impressions of Mike Huckabee and Mitt Romney lean more positive, according to an Associated Press-GfK poll. As for the rest — Pawlenty, Barbour, Thune, Daniels — most Americans say, “Who?” The election, of course, is far away, and polls this early […]

Public split over GOP’s agenda

Public split over GOP’s agenda

People back Republican tax cut plans but not the GOP campaign to repeal President Barack Obama‘s health care overhaul, according to a poll suggesting that the Republicans’ big Election Day win was not a mandate for the party’s legislative wish list. Fifty-three percent say income tax cuts that soon will expire should be renewed for […]

Democrats to Pelosi: Time to quit

Democrats to Pelosi: Time to quit

In a fresh sign of turmoil among defeated Democrats, a growing number of the rank and file say they won’t support House Speaker Nancy Pelosi in a politically symbolic roll call when the new Congress meets in January. “The reality is that she is politically toxic,” said Illinois Rep. Mike Quigley, one of several Democrats […]

Foreclosures drop 9 percent in October

Foreclosures drop 9 percent in October

The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most or all of their foreclosures amid allegations thousands of foreclosures were handled improperly. Home repossessions dropped 9 percent from September to October, foreclosure listing firm RealtyTrac Inc. said Thursday. The decline […]