President Barack Obama says going over the fiscal cliff by missing the deadline for a deficit reduction deal by year’s end would be a “rude shock” for Americans. Republican House Speaker John Boehner says it would be a “fiasco.”
Scott Brown of Massachusetts, Olympia Snowe of Maine and Richard Lugar of Indiana, departing Republican senators with a history of compromise, will be prime targets for Democrats seeking votes to avoid tax increases and spending cuts at the start of 2013.
U.S. Representative Joe Walsh, an Illinois Republican seeking a second House term, said abortion is “absolutely” not medically necessary to save a pregnant woman’s life, a claim contradicted by medical research and that sparked outrage from doctors and political opponents.
Illinois Representative Joe Walsh rode a wave of economic anxiety to an upset win last November. Now, he’s trying not to get pulled under as voters concerned about a debt default turn a skeptical eye toward his service.
U.S. Representative Joe Walsh, an Illinois Republican, talks about his reaction to billionaire Warren Buffett’s call to increase taxes for the wealthy. Walsh, speaking with Matt Miller and Deirdre Bolton on Bloomberg Television’s “InsideTrack,” also discusses the U.S. deficit and debt ceiling negotiations. (Source: Bloomberg)