Daily Political Wire

George Wenschhof

Debt Talks Intensify - as support appears to be growing for the bi-partisan 3.7 trillion proposal put forward by the "gang of five" senators yesterday. This comes the same day the House passed the tea party favored balanced budget bill 234-190. President Obama has threatened to veto that bill, but it would never pass in the Senate. Which makes the new proposal from the gang of five which includes new revenue of 1 trillion and adjustments to social security and medicare look promising. The Washington Post has more here.

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Warren for Senate? - just one day after President Obama passed her over for the nomination to head the new Consumer Finance Protection Agency, her progressive supporters are calling for Elizabeth Warren to run for U.S. Senate in Massachusetts. Her opponent would be Republican Scott Brown who won the seat long held by the late Ted Kennedy. TPM.com has more here.

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Partisan Anger Erupts in House - with Republican Representative Allen West (Fla.) criticizing Democratic Representative Debbie Wasserman-Schultz (Fla.) over yesterday's "cut, cap and balance" bill which passed yesterday. Wasserman-Schultz, who is also chair of the DNC criticized the vote. Allen West said she was "the most vile, unprofessional, and despicable member of the US House of Representatives." The response was "... Republicans are once again trying to balance the budget on the backs of seniors, children and the middle class," Jonathan Beeton, spokesman for Wasserman Schultz. TheHill.com has more here.

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Maryland One of Five States Warned of Lower Credit Rating by Moody's - New Mexico, Tennessee, South Carolina and Virginia were the other states warned due to their heavy reliance on federal jobs. This warning sent as the national debt ceiling debate continues, pointing out states in addition to the federal government will have their credit ratings lowered if no deal is reached. Politico.com has more here.

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Six Republican Presidential Candidates to Participate in Twitter Debate - from the CNN.com piece : "The debate is sponsored by the online tea party group, TheTeaParty.net. It will feature Minnesota Rep. Michele Bachmann, businessman Herman Cain, former House Speaker Newt Gingrich, Michigan Rep. Thad McCotter, former New Mexico Gov. Gary Johnson and former Pennsylvania Sen. Rick Santorum."

Let's see who is best at answering questions in 140 characters or less.

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