Democratic and Republican members of the supercommittee announced earlier today that they would be unable to recommend $1.2 trillion in deficit reducing cuts by the Wednesday deadline. Congressman Jeb Hensarling, a Republican, and Senator Patty Murray, a Democrat, the co-chairs of the supercommitee, released the following statement:
According to the survey, 24% of Republicans and independent voters who lean towards the GOP say they are most likely to support Gingrich for their party's nomination, with 20% saying they back Mitt Romney, the former Massachusetts governor who is making his second bid for the presidency.
Masscahusetts senator John Kerry admitted today that allowing the Bush tax cuts to expire will result in a "major tax increase." Kerry is a member of the so-called supercommittee.
"You're guaranteed, unless it's changed, a major tax increase on January 1st, 2013, when the Bush tax cuts expire," Kerry said this morning on MSNBC's Morning Joe. Watch the video below:
The latest Gallup poll of registered Republican and Republican-leaning voters shows Newt Gingrich in first place in the race for the GOP presidential nomination, edging Mitt Romney by 1 percentage point (22 to 21 percent). Herman Cain is in 3rd place, with 16 percent support — followed by Ron Paul at 9 percent, Rick Perry at 8 percent, Michele Bachmann at 4 percent, and Jon Huntsman and Rick Santorum at 1 percent apiece.
The talking heads this morning on MSNBC's Morning Joe reacted to Republican presidential candidate Newt Gingrich's assessment of Occupy Wall Street. "All of the Occupy movement starts with the premise that we all owe them everything," Gingrich said over the weekend. "It's a pretty good symptom for how much the left has collapsed as a moral system in this country, and why you need to reassert something as simple as saying, 'Go get a job right after you take a bath.'"
A new poll suggests Newt Gingrich may be closing the electabilty gap with voters in key swing states. According to Purple Poll, Gingrich is just two points behind President Barack Obama in a head to head match-up. The poll, which surveys likely voters in 12 swing states, found that Obama earned 46 percent support compared to Gingrich's 44 percent, with 10 percent "not sure."
In an on odd exchange on Meet the Press this morning, Senator John Kerry, a Democratic member of the supercommittee, suggested that taxes should be raised because men and women have died fighting for America in Afghanistan and Iraq, and he seemed to equate the sacrifice:
