Congress had been hoping the deal supercommittee would, along with its deficit cutting plan, also deal with unemployment benefits and the payroll tax holiday. Now, with the supercommittee failed and folded, Congress will need to act in the final weeks of the year on these and other pressing deadlines.
The accuser tells an Atlanta TV station that she had a physical relationship with the Republican presidential candidate for 13 years. Cain says that while the accuser was a "friend," their relationship was not sexual.
Massachusetts Rep. Barney Frank says he decided not to seek re-election to a 17th term in 2012 because congressional redistricting would have given him a slew of new constituents and a difficult, expensive campaign."I think I would have won," Frank, 71, said during a Monday press conference in Massachusetts announcing his retirement. "But it would have been a tough campaign."
The Democratic National Committee released an Obama campaign ad Monday suggesting that Mitt Romney's worst enemy is Mitt Romney. The TV ad, airing in targeted markets in five swing states — including Ohio and Pennsylvania — highlights Romney's evolving positions on such central issues as health care, abortion and bank bailouts. It suggests Democrats assume Romney will be the nominee and indicates their plan of attack for the year.
Democratic Rep. Barney Frank announced Monday afternoon that he will not seek re-election next year. Among the strongest voices for liberals in Congress, Frank was co-author of the Dodd-Frank Act, the most stringent regulations on the banking industry since the Great Depression.
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