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Texas Gov. Rick Perry

Rick Perry: I Can Restore America?s Greatness

Surely wearing his boots emblazoned with the words "liberty" and "freedom," Texas Gov. Rick Perry announced he is making a run for the U.S. presidency in 2012. And if the recent polls prove to be a trend, he and his boots have already walked over many of his competitors.
U.S. President Barack Obama signs the Budget Control Act of 2011 in the Oval Office at the White House in Washington

Analysis: Confidence in Obama's leadership shaken

A spree of bad news -- market gyrations, fears of a double-dip recession, stubborn unemployment and fallout from a debt deal -- has shaken confidence in President Barack Obama's leadership and could cloud his chances for winning re-election.
At Issue: U.S. Deficit Reduction

U.S. Debt Deal: With Super Committee Seats Filled, Hard Work Begins

House Minority Leader Nancy Pelosi, D-Calif., rounded out the super committee by announcing her three House Democratic members for the special bipartisan board. Now the tough work begins: reducing the deficit by at least another $1.5 trillion over 10 years, and as far as the financial markets are concerned, the sooner the reduction is announced, the better.

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