Here are some stories we’re following today:
Payroll tax cut: President Obama has hit the campaign trail and ramped up his rhetoric; he says he’ll forego his annual Hawaiian vacation to stay in Washington until Congress passes an extension of last year’s payroll tax holiday. Failure to extend the cuts would mean the average American family would see an additional $1000 taken out of their paychecks in 2012. With less than three weeks until the new year, Congress continues to battle over this legislation.
Debate night: A string of new polls this week confirm Newt Gingrich as the current GOP frontrunner. His surge couldn’t have come at a better time, with only three and a half weeks until the Iowa caucuses. Gingrich and the other leading Republican presidential candidates will take the stage on Saturday for another presidential debate. After being knocked off his top-of-the-pack perch, will Mitt Romney go on the attack?
But wait, there's more: FULL POST
It’s Thursday, but our work week started yesterday. Here’s a couple things we’re talking about today. The news changes fast though, so think of this more as a guide to our show planning and less as an outline of what the broadcast will look like on Sunday.
Presidential press conferences: President this morning continued to pressure Congress to pass his jobs plan. The plan, it was announced last night, would be paid for by a 5.6 percent tax increase on personal income over $1 million (dubbed the “millionaire’s tax”) that Senate Democrats have tacked onto the legislation. Senate Majority Leader Harry Reid will schedule a vote for next week; House Republicans are expected to defeat the legislation.
Presidential politics: With Chris Christie out of the presidential race once and for all, frontrunner Mitt Romney is locking up big money donors left and right. But Rick Perry raised $17 million in his first 49 days in the race. And while Herman Cain isn’t likely to raise nearly as much as Perry or Romney, some recent polls show he’s competitive with both of them.
The booking calls are out. We’ll give you an update tomorrow and as more develops.