WASHINGTON, Oct 7- The Obama administration says a U.S. default would be "catastrophic." Barton's position could reflect a genuine disagreement with warnings by Wall Street and Washington analysts or he could be downplaying the default to gain tactical advantage in negotiations with President Barack Obama.
WASHINGTON, July 17- With a smile periodically playing across his face, Ben Bernanke almost looked pleased to face questions from members of the U.S. House of Representatives on Wednesday, but that might be because he knows that it was for the last time.
Many politicians want to change the way Congress operates. So why do so many—Republican or Democrat—ultimately become the very creatures of habit they initially promised to replace, at least when it comes to pork and earmarks?
WASHINGTON-- A prominent gay Republican group offered Mitt Romney its "qualified endorsement" on Tuesday, calling it the right decision for the nation even as it slammed Romney's opposition to gay marriage.
"The best and most effective way to balance the budget is through booming economic growth and prosperity. I know. That is how we did it the last time we balanced the budget, when I was Speaker of the House, and it stayed balanced for four straight years. And that is how we would do it again if I am elected President," writes the candidate in this Guest Blog.
"I am running for President to offer more than just a change in policy. I am offering a dramatic change in perspective and philosophy," the candidate writes in this Guest Blog.
Offering no explanation, the Iowa Republican Party has declared Rick Santorum as winner of the Iowa caucuses, days after saying incomplete vote results precluded it from doing just that.
Mitt Romney won broad support from conservatives and moderates and was widely viewed as Republicans' best hope of defeating President Barack Obama in this fall's elections, preliminary exit polls of voters in Tuesday's New Hampshire primary showed.
Chuck Todd, NBC News has the latest details on the Iowa shake-up of the GOP field, and discussing the differences between the candidates, with Jen Psaki, fmr. White House deputy comm. dir.; Phil Musser, fmr. Romney 2008 campaign advisor; and Sara Fagen, DDC Advocacy partner. Also, Robert Costa, National Review reports on Rick Santorum's chances against Mitt Romney, going into New Hampshire.
Minnesota Congresswoman Michele Bachmann announced her decision to drop out of the presidential race Wednesday, leaving her supporters up for grabs to other GOP contenders.
Minnesota congresswoman Michele Bachmann announced her decision to drop out of the presidential race Wednesday, leaving her supporters up for grabs to other GOP contenders.
CNBC's John Harwood has the update on the Iowa caucuses.
J.C Watts, Watts Partners, discusses Newt Gingrich's showing in Iowa, and a look at the GOP strategy, as the candidates finish up in Iowa and head to New Hampshire, with Howard Dean, former DNC chairman, and Michael Steele, former RNC chairman.
Discussing the likely outcome of the Iowa caucus and a look ahead to New Hampshire's GOP primary and Mitt Romney's big lead there, with James Pethokoukis, American Enterprise Institute; Bob Lutz, fmr. General Motors vice chairman; and Mort Zuckerman, New York Daily News publisher. Also, an update from Iowa, with Robert Costa, Nation Review.
CNBC's John Harwood reports the latest poll numbers from the Iowa Caucuses, saying "a new NBC/Marist poll shows in fact, Mitt Romney has a slight lead over Obama."
Grading Newt's tax plan and breaking down the GOP presidential field and the likely frontrunner, after the Iowa caucuses, with Steve Forbes, Forbes Media chairman & editor in chief; Jared Bernstein, fmr. chief economist to VP Joe Biden; and James Pethokoukis, American Enterprise Institute.
Discussing Rick Santorum's sudden surge in the polls, tax reform, and the likely outcome of the Iowa cascuses, with Steve Forbes, Forbes Media chairman & editor in chief; Jared Bernstein, fmr. chief economist to VP Joe Biden; and James Pethokoukis, American Enterprise Institute.
Robert Costa, National Review reports on the Iowa ground game; a look at how close the race has become in the Hawkeye State, with Howard Dean, CNBC contributor, and Kevin Madden, republican strategist; and Lanhee Chen, Romney campaign policy director discusses Romney's supply-side message.
Discussing whether Ron Paul is poised to make a power play in the Hawkeye State, with Doug Wead, Ron Paul campaign senior advisor, and the likely outcome of the Iowa caucuses, with David Freddoso, The Washington Examiner; Ari Melber,The Nation; and James Pethokoukis, American Enterprise Institute.
CNBC's John Harwood shares the latest update of the Iowa Cacuses. Also, Paul Equale, Equale and Assosciates president and Chris Krueger, Guggenheim Partners senior policy analyst weigh in.