Barack Obama, 2012 Presidential Election | featured news

Crossroads GPS, the sister organization to the super PAC American Crossroads, is launching a $7 million TV ad Tuesday blasting President Obama over the national debt, and accusing him of "growing our debt faster than our economy.

There were charges of racism, sexism and disrespect. There were hurt feelings and outbursts of red-faced anger. Friendships were frayed and tens of millions of dollars spent. But the shrapnel of the great Obama-Clinton war of 2008 appeared to be little more than a distant memory Monday when President Obama and former President Clinton took the stage to raise big money for Obama's reelection.

President Barack Obama enlisted Bill Clinton to campaign alongside him in New York on Monday, tapping the popular ex-president's star power to rake in cash for his re-election bid from Wall Street investors and show-business elite.

President Obama, Republican challenger Mitt Romney, and their allies have already spent $87 million on TV ads, the Associated Press reports -- most of it in nine battleground states. They are, not surprisingly, nine toss-up states that will likely decide the election: Florida, Ohio, Virginia, North Carolina, Iowa, Pennsylvania, Colorado, Nevada and New Hampshire.

To see where the presidential candidates stand on taxing the rich, just look at how they'd tax themselves. To see where the presidential candidates stand on taxing the rich, just look at how they'd tax themselves. Under his own proposal, Mitt Romney would pay half what he would under President Barack Obama's tax plan. For a man of Romney's means, that could save almost $5 million a year.

Weak jobs report and tightening poll numbers have increased perceptions that President Obama may be more vulnerable in November than once believed.

A pair of well-known politicians both have Harvard degrees and both love their iPads. They like Star Trek, Modern Family and spicy chicken. Neither is overly fond of reporters. They are, of course, President Obama and Republican opponent Mitt Romney, and a New York Times story underscores an old adage: People generally have more similarities than differences, even in politics.

The discouraging new unemployment numbers present President Barack Obama with a sobering reminder that an uneven recovery from the recession can be a fragile argument for his re-election. It's all deepening his anxiety over the political and economic threat posed by the European debt crisis....

The Romney campaign has moved quickly to exploit his unannounced visit to bankrupt solar energy company Solyndra, producing a web ad entitled "Symbol of Failure."