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Watch live: Obama appeals on budget cuts at Newport ship yard

President Barack Obama speaks to a group of workers at Newport News Shipbuilding in Virginia, highlighting the devastating impact that the sequester will have on jobs and middle class families. Watch live, broadcast on Feb. 26. Visit msnbc.com for breaking news, world news, and news about the economy…

Elizabeth Warren bashes Wall St. in first TV ad

Massachusetts Senate candidate Elizabeth Warren unveiled her first television advertisement on Sunday, in which the Harvard professor and progressive Democrat condemned the influence of Wall Street on the U.S. government. Like her previous campaign video announcing that she would challenge Sen. Scott Brown (R) next November, the ad features Warren…

Obama: ‘This is not class warfare; it’s math’

President Barack Obama Monday introduced his plan to trim the deficit, including a “Buffett rule” — named after billionaire Warren Buffett — which would ensure that people making over $1 million a year would pay a tax rate as high as the people that work for them. “Middle class families…

Obama to propose ‘Buffett tax’ on millionaires

WASHINGTON (Reuters) – President Barack Obama, in a populist gesture designed to appeal to voters, will propose a “Buffett Tax” on people making more than $1 million a year as part of his deficit recommendations to Congress on Monday. Such a proposal, among suggestions to a congressional Super Committee expected…

Elizabeth Warren: Washington rigged for big corporations

Harvard professor and consumer advocate Elizabeth Warren announced Wednesday that she would challenge Massachusetts Senator Scott Brown (R) as a Democrat in 2012. “I’m going to do this, I’m going to run for the United States Senate,” she said in an announcement uploaded to YouTube. “And the reason is straightforward.…

Elizabeth Warren to enter Massachusetts Senate race Wednesday

Harvard professor and consumer advocate Elizabeth Warren will officially announce Wednesday morning that she will challenge Sen. Scott Brown (R-MA) in 2012 to reclaim the Senate seat for the Democrats, a senior Massachusetts Democratic Party official confirmed to Raw Story. Warren’s candidacy has been the subject of speculation for more…

Wisconsin Democrats defend Senate seats in final recall election

Wisconsin Democratic state Senators Jim Holperin and Bob Wirch defended their seats from Republican challengers on Tuesday in the final set of recall elections. Unofficial results show Holperin and Wirch easily defeated Republican candidates Kim Simac and Jonathan Steitz. “I am proud to continue to represent the people of the…

Liberal groups launch emotional ad in Wisconsin aimed at recalling GOP lawmakers

WASHINGTON – In the wake of a devastating legislative defeat in Wisconsin, liberal groups have unleashed a new ad campaign against state Republican lawmakers who voted to strip the collective bargaining rights of public employee unions. The one-minute spot was created by the Progressive Change Campaign Committee (PCCC) and Democracy…

Obama signals he may allow rich to keep tax cuts, kill chance of climate bill

Chastened Obama signals compromise on tax cuts, emissions controls — not on gays in military A chastened President Barack Obama signaled a willingness to compromise with Republicans on tax cuts and energy policy Wednesday, one day after his party lost control of the House and suffered deep Senate losses in…

Democrats latch onto GOP tax ideas in final blitz

Democrats seize on Republicans’ support for reforming tax code in final days of campaign Democrats desperate for a political game-changer in the final days of the campaign are raising alarms about Republican ideas for reforming the nation’s tax code, arguing that their plans will roil middle-class families. Most Republicans, wary…

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