In truth, nobody knows whether the U.S. will indeed go hurtling over the fiscal cliff into recession, or inch back from the edge of the precipice. Since all economies are linked globally, host Rachel Martin speaks with Borzou Daragahi, the Middle East bureau chief for The Financial Times, about how that region views the U.S. negotiations.
In all of American history, only one woman has been awarded the Medal of Honor — and Congress tried to take it back.
Her name was Mary Edwards Walker, and she was a doctor at a time when female physicians were rare. She graduated from the Syracuse Medical College, and at the outbreak of the Civil War traveled to Washington with the intention of joining the Army as a medical officer. When she was rejected, she volunteered as a surgeon and served in that capacity for various units through the war years, continually agitating for a commission.
Jesse Jackson Jr. has a famous name and fabulous contacts, and had what looked like boundless prospects when he was first on the national stage at the Democratic National Convention in 1988.
John F. Kennedy Jr. and Caroline Kennedy had appeared to talk about the legacy of their late father, the president. But a few nights later, Jackson took the podium to present his father, the Rev. Jesse Jackson, and said, "My name is Jesse Louis Jackson Jr., and I also proudly carry a great American name."
After spending millions of dollars in the presidential and Senate campaigns with little to show for it, many superPACs and other outside groups are still tending their wounds. But it's too soon to write off superPACs as a waste of wealthy donors' money.
Consider, for instance, this upset in a congressional race outside Los Angeles.
Just 15 days after voters re-elected him, Jesse Jackson Jr. said health problems were keeping him from doing his job. He also acknowledged he is under federal investigation. Illinois Gov. Pat Quinn has to set a date for a special election by Monday, and the vote must be held within 115 days.
New Year's Day typically inspires hope and new beginnings. But this next one may be cause for trepidation. Tax cuts for all income levels expire on Jan. 1, 2013, and most federal programs will face a 10 percent haircut — because Congress failed to agree on a deficit-reduction plan.
After two weeks of dispute with St. Lucie County elections officials, Florida Rep. Allen West conceded the race for Florida's 18th Congressional District to Democrat Patrick Murphy on Tuesday.
Allen's post-election battle was the most high-profile this year, but the phenomenon is by no means unusual. In today's political climate, candidates don't like to concede, even after the votes have been counted. Increasingly, they are taking their cases to the courts, says Joshua Douglas, an assistant professor of law at the University of Kentucky.
Talk about your snake-bitten congressional districts.
The Thanksgiving-eve news that Rep. Jesse Jackson Jr. was resigning from Congress after reports that he has bipolar disorder and is the subject of a criminal probe of his spending of campaign funds, is just the latest in a series of bad endings for those who have represented Illinois' 2nd Congressional District in Washington.