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Tuesday, December 11, 2012

Daily Political Wire

George Wenschhof


Visit NBCNews.com for breaking news, world news, and news about the economy

"Fiscal Cliff" Deal Nearing? - raising the debt ceiling may become the obstacle in reaching a deal and not raising taxes on the wealthy upper 2% of wage earners or reform in entitlement programs.  House Speaker John Boehner (R-Ohio) will address the Republican caucus today on the status of the negotiations.  You can read more here.

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Michigan Set To Pass "Right to Work" Legislation Today - over ten thousand protestors gathered outside a packed Capitol building in Lansing, Michigan as the legislation to make it illegal to require financial support of a labor union as a condition of employment is set to pass.  You can read more here. 

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Republicans Begin to Bail From Norquist Pledge - the number of Republican Senators and members of the House is growing who are will to accept a tax rate increase for the wealthy upper 2% of wage earners.  TPM.com has the list here.

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60% Have Favorable Impression of Hillary Clinton - the latest poll by Politico/George Washington University shows the popularity the outgoing Secretary of State is enjoying.  Only 35% held her in an unfavorable light.  You can read more here. 

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Clinton Cancels Mideast Trip Due To Illness - suffering from a stomach flu, Secretary of State Hillary Clinton had to cancel planned trips to North Africa and the Middle East.  You can read more here.

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Treasury Sells Last Shares in A.I.G. - Ends TARP Bailout - the unpopular government program that shored up a fragile economy, has come to an end with an overall profit of $22.7 billion.  You can read more here.

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An Lautenberg Retirement Would Encourage a Booker Run For Senate - as speculation swirls around a possible run by Newark mayor Cory Booker for Governor, keep an eye on 89 year old Democratic Senator Frank Lautenberg.  If, Lautenberg would announce retirement, the decision by booker to run for Senate in 2014 would be an easy one.  You can read more here.

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