Mark Zandi, chief economist at Moody's Analytics, is 'optimistic' about the economy and sees unemployment trending down toward 8 percent by the end of 2012 as cyclical forces such as higher oil and food prices, as well as effects from the Japanese earthquake, begin to ease.
Republican 'Super PAC' American Crossroads aims to spend $120 million during Election 2012, a level it says it needs to compete with big dollars raised by President Obama. However, Chairman Mike Duncan and President Steven Law won't weigh in for any candidate during the GOP primary.
Two Republican pollsters say their data show that both Republican and independent voters are growing angrier about the stubbornly high jobless rate.
The increase in the nation’s unemployment rate in June is a major moment in President Obama’s reelection campaign, a top Republican strategist says.
The US economy will double its growth rate by the end of the year, if Congress raises the debt ceiling, says economic forecaster Mark Zandi. Otherwise, 'we would be thrown into recession.'
Kentucky Sen. Mitch McConnell told reporters at a Christian Science Monitor breakfast that Republicans likely 'muted' their foreign policy disagreements during the Bush administration and that Obama's health-care reforms 'constitute the single worst piece of legislation' he's seen passed. He also reminded the public that pundits previously wrote off the field of GOP candidates in 1980 – including one Ronald Reagen.
American Crossroads, a 'super PAC' created by political mastermind Karl Rove and others, doesn't intend to back any GOP presidential candidate during the primary season, its leaders said Friday.
Senate Republican leader Mitch McConnell says he is 'comforted' that General Petraeus supports President Obama's plan to withdraw troops from Afghanistan.
President Obama inherited a difficult economic situation, but his administration has made the situation worse, Sen. Mitch McConnell (R) said at a Monitor breakfast Wednesday.
After reassuring reporters "the reports of my campaign's death were highly exaggerated," former House Speaker and current candidate for the 2012 Republican presidential nomination Newt Gingrich told reporters at a Christian Science Monitor Breakfast that, among other things, Republicans needed to win the debate over Medicare or risk creating "for Obama the Harry Truman moment of coming back and winning by being against us."
Congressional Budget Office Director Douglas Elmendorf discussed the "dangerous gamble" of a potential American default on its debt ceiling, the heavy impact of even slight shifts upward in US borrowing costs and his belief that a "great deal of the pain of this downturn lies in front of us still" at a June 14 Monitor breakfast.
The rising number of seniors and the increase in health-care costs means the US government will have to cut some things it has done in the past or raise taxes, says Douglas Elmendorf, director of the Congressional Budget Office (CBO).
Congressional Budget Office (CBO) Director Douglas Elmendorf said he could not predict with precision what would happen if Congress can't come to a compromise over increasing the US debt limit and a default takes place.
Debbie Wasserman Schultz, chairwoman of the DNC, says GOP targeting of Planned Parenthood and the effort to further restrict abortion funding are part of a Republican ‘war on women.'
Rep. Steve Israel, the Democrats' congressional campaign chief, hasn't said Democrats will retake the House – just that they might.
Democrats’ chief congressional campaigner discusses his plan to defeat Paul Ryan, author of the GOP’s budget blueprint.
Obama's recent Middle East policy speech didn't significantly hurt his support from Jewish voters, says Debbie Wasserman Schultz, chair of the DNC.
The GOP's anti-bailout stance 'would have let the automobile industry in America go down the tubes,' said Democratic Party chair Debbie Wasserman Schultz.
When asked about coverage of candidates' personal lives, Newt Gingrich first referred to society’s preoccupation with gossip and then said he was 'mystified' by interest in his jewelry credit account.