House Republicans met on Friday to think through the best person for the House Speaker position. Former Texas Senator Kay Bailey Hutchison, shares her opinion on Rep. Paul Ryan.» Read More
Journalists in Washington spend most of their time focusing on warfare between Democrats and Republicans. There's a good reason for that: in the dysfunctional capital city of 2007, warfare is what they do best.
Those of who follow political campaigns often can't discern turning points until the campaigns are over. The 2008 contest may be no different. But just now there's a sense of ferment in both parties' presidential contests--and it's happening awfully close to the Jan 3 kickoff of the nomination process in Iowa.
Democrats enter the 2008 presidential race with powerful political advantages. But they face a tough and unpredictable battle because of the vulnerabilities of front-runner Hillary Clinton. A new Wall Street Journal-NBC poll shows that Americans have turned sharply away from President Bush and toward domestic issues favoring his partisan adversaries
There are a couple ways to tell that we’ve hit the critical competitive phase of the 2008 Democratic presidential nomination fight. One is the way that all major campaigns are now spending a large chunk of the millions they’ve raised on television ads in Iowa. The state’s Jan. 3 caucuses have traditionally turned on contest may once have turned overwhelmingly on organizational prowess.
The FEC is questioning 2008 contenders about contributions that “appear to exceed” legal limits. Hundreds of donors wrote checks for more than the $2,300 per election cap. Some failed to attribute parts of donations from joint bank accounts to their spouses.
Charlie Rangel’s tax reform bill isn't likely to become law anytime soon. Yet its already an active part of the presidential campaign, as Republicans try to reclaim control of the tax issue in advance of the 2008 elections.
Presidential rivals are having lots of fun with Rudy Giuliani's statement that he's rooting for the Red Sox in the World Series, casting it as a John Kerry-style, "against-'em-before-I-was-for-'em," made-for-New Hampshire flip-flop for a candidate who has been so staunchly identified with the Yankees.
In their interview this morning with my colleague Dylan Ratigan, President Bush's economic advisers emphasized all that was going right with the American economy: low inflation, a strong job market, continued growth and booming exports, whether those exports are driven by a weaker dollar or not.
I took some grief a few months back for convicting Hillary Clinton, in this space and elsewhere, of calculation in the public display of cleavage that prompted a Washington Post fashion review and lots of talk in the blogosphere. I still think I was right.
House Ways and Means Chairman Charlie Rangel has adopted an unorthodox strategy for his attempt to achieve tax reform. Forget polarization--Rangel is trying to hug the Bush administration as tightly as possible.
The U.S. House Thursday failed to overturn President Bush's veto of a plan to expand a popular children's health care program and pay for it by raising tobacco taxes.
Presidential power ebbs and flows and George W. Bush is holding very weak cards just now. But as he likes to point out, sometimes with more than flattering zeal, he is still the president and everyone also just kibitzes. `
Those of us who cover politics in Washington are constantly trying to figure out what we DON'T know. Seeing a huddle of strange bedfellows instantly sets off our alarms that something remarkable could be happening.
It’s going to be a joyful—and profitable—holiday season for retailers, according to the latest CNBC Wealth in America survey. Americans plan to spend an average $839 during the holiday season, up 17.6% from last year.
Forget the credit crunch, housing recession and fears of slower economic growth. Americans plan to open their wallets during the holidays this year, though maybe not on those cheap Chinese toys. Spending is expected to jump 17% from last year, to an average of $839.
My take on the results of the debate: Fattest Pitch Down the Center of the Plate: Ron Paul's comment about the absence of "imminent" threats against the U.S. -- which Rudy Giuliani knocked over the fence by asking where Paul was on 9/11.
Mitt Romney is a big (and very rich) boy, and has earned some of the shots that have come his way in the 2008 presidential race. Most prominent among them have been barbs at the evident calculations he has made in flip-flopping on key issues to appeal to the conservative Republican base.
On stage just before our debate yesterday, we had one of those classic moments that mocked the egos and pretentions of those of us in the world of politicians and television. Those of us questioning the candidates -- my CNBC colleague Maria Bartiromo, MSNBC's Chris Matthews, my longtime Wall Street Journal colleague Jerry Seib, and me -- had been introduced to the crowd at the Ford Community and Performing Arts Center in Dearborn. Then the Republican candidates strode onto the stage.
Up to the minute blog of the CNBC/MSNBC/WSJ GOP Presidential Debate in Dearborn, Michigan.
In recent history, Democrats have been the party of disorder and confusion in the ranks. To their House of Commons, Republicans have been the House of Lords. That has typically meant an orderly line of succession, with one establishment candidate after the other stepping up to claim their chance at the presidential prize: Ronald Reagan in 1980, his vice president George Bush in 1988, Bob Dole in 1996, the younger George Bush in 2000.