As the White House and Congress debate taxes and entitlement reform, an influential liberal think tank is offering what appears to be an olive branch: a plan to squeeze savings out of Medicare — long a target of GOP cuts — that Democrats can support.
As the recovery from Hurricane Sandy continues, states are making more requests for federal aid. New York alone wants $30 billion in assistance. The requests come as Congress is already consumed with reducing the deficit.
The Center for American Progress, a think-tank closely associated with President Obama, offered up a deal on Wednesday on how to cut the deficit by reducing spending for Medicare without, it says, hurting seniors.
Rep. Cathy McMorris Rodgers of Washington beat out Rep. Tom Price of Georgia for a top leadership post in the House Republican Conference. The race took on broader significance about the direction of the Republican Party going forward. Audie Cornish talks to Martin Kady, congressional editor for Politico.
Audie Cornish talks with Gary Loveman, CEO of Caesars, which operates 52 casinos around the world in seven countries. They talk about what he would like to see from the Obama administration over the coming months, and thoughts on the looming "fiscal cliff." The White House hosted a roundtable of CEOs on Wednesday.
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