Friday News Roundup - Domestic
White House sources say Vice President Biden apologized for declaring his support of same-sex unions ahead of President Obama. The president's announcement spurred a major spike in donations to his re-election campaign. J.P. Morgan Chase disclosed a $2 billion trading loss, giving supporters of tighter banking regulation new ammunition. Six-term U.S. Senator Dick Lugar's defeat to a Tea Party favorite could give Democrats a chance to hold onto a Senate majority. And the U.S. Postal Service dropped plans to close thousands of rural post offices. Clarence Page of the Chicago Tribune, Jeanne Cummings of Bloomberg News and syndicated columnist Steve Roberts join Diane for analysis of the week's top national news stories.
syndicated columnist for the Chicago Tribune.
deputy government editor, Bloomberg News.
syndicated columnist and journalism professor at George Washington University.
The panelists discuss the social and political implications of President Obama's announcement of his support for same-sex marriage earlier this week, and explore the political calculations and risks for the president. Jeanne Cummings said that the announcement could possibly knock at least one important swing state out of play for Obama in the presidential election, but that ultimately the issue will likely be secondary to the state of the economy and job creation: