"Where's Barack Obama on these issues? You can't find his plans on some of the most pressing financial issues of our country. For example, where's Barack Obama's plan on Social Security reform, Medicare reform, Medicaid reform?" Fmr. Gov. Tim Pawlenty (R-Minn.) asked at the GOP debate in Iowa tonight. Pawlenty says he will "offer a prize" to any

Rep. Michele Bachmann (R-Minn.) responds to former Minnesota Gov. Tim Pawlenty's attack on her record. "Governor, when you were governor in Minnesota, you implemented cap and trade in our state, and you praised the unconstitutional individual mandate, and you called for requiring all people in our state to purchase health insurance that governm

REP. RON PAUL (R-TX): "I've been in politics for 35 years. My cause has been the cause of liberty. And I am convinced that liberty does not come from our government, but it comes from our creator. And our goal should be peace and prosperity. "It is under the principles of liberty that you have the greatest chance of achieving peace and prosperit

When asked how he would boost job creation, Herman Cain said his plan would include a combination of things including lowering the top corporate and personal tax rates and taking capital gains tax rates to zero.He said, "I don't know one company that sits around the board room and talks about how we're going to stand still. It's about gro

Michele Bachmann is asked to clarify what she meant when she said, "the Lord said,

"I made a suggestion, which is a serious suggestion, and there's been quite a few who have supported me on this. We owe the Fed 1.6 trillion in Treasury bills. Where'd they get the money to buy it? They created it out of thin air. So, we pay them interest. That' on our books. So, we literally, with legislation could wipe 1.6 trillion off. That is n

Obama on credit downgrade from Standard & Poor's: "It happened because Washington does not have the capacity to come together and get things done. It was a self-inflicted wound. That is why people are frustrated. Maybe you can hear it in my voice. That is why I am frustrated. Because you deserve better."

Obama senior adviser and senior campaign aide David Axelrod also calls Gov. Rick Perry (R-TX) a "formidable" candidate. "I've always that Romney was a presumptive -- weak front-runner. I still believe that to be the case. Obviously Governor Perry is now emerged on the scene. He could be a very formidable candidate. But one thing I've learned, yo

Chris Wallace, one of the FOX News debate moderators, brought up Newt Gingrich losing his national campaign staff as well as his Iowa staff. Wallace also reminds Gingrich that he is a million dollars in debt as he asks the former House speaker if his campaign "has been a mess so far?" Gingrich was none too happy after receiving the tough questio

After Chris Matthews finishes reading an excerpt from a front-page Washington Post article by Karen Tumulty, he adds his editorial opinion. However, Matthews makes it okay when he says "of course that's me talking there that Karen Tumulty has described. And I'm not a Democratic activist, I am a political commentator and that's my view. In cas

Senior political correspondent Carl Cameron just told Shepard Smith that aides to Texas Governor Rick Perry have told him exclusively that Perry will make a “definitive announcement that he is in for the 2012 race for the presidency on Saturday.” He is said to spend most of next week on the campaign trail. (per FOX News)

"So they voted -- you voted for divided government, but you did not vote for dysfunctional government. You didn't vote for a do-nothing government. You didn't vote for a government where folks are just looking out for special interests. You didn't vote for a government beholden to lobbyists. We've got a lot of work to do. The only way we will get i

At the Iftar dinner, a White House sponsored Ramadan event, President Obama says "Islam has always been part of our American family." Obama also says "this has been especially true over the past 10 years," referring to the attacks on September 11, 2001. Here's what he said: "This evening reminds us of both the timeless teachings of a

"The fact is, [the economy] is not growing fast enough the economy. Now, some of what we are facing today has to do with events beyond our control. It had been improving, improving through 2009, 2010, the beginning of this year and then suddenly it was hit with the unrest in the Middle East that helped send gas prices through the roof. Europe is de

"I'm expecting it's going to get real ugly. My guess is you're going to see all kinds of things drudged up, made up and puffed up," Romney said in an interview with "FOX News'" Sean Hannity in response to an article that appeared in Politico this week in which the Obama campaign threatened the GOP frontrunner with a ferocious personal assault."

Rep. Tim Scott, (R-SC), on what the government can do to turn the economy and markets around. "There is simply no confidence in this market today. And look at the global situation that we have. Look at Italy, Spain, France and our economy and you find yourself wondering 'how much more can we spend trying to dig out of a hole that was created by

The ad, titled "Always Proud," focuses on American presidents who have hailed from small towns. Palin makes the point that the ingenuity of those from middle America is what keeps our country strong. Fmr. Alaska Gov. Sarah Palin is continuing her tour that started earlier this summer on the east coast.

(AP) Des Moines, Iowa: Former Massachusetts Gov. Mitt Romney faced a rowdy crowd at the Iowa State Fair, with people interrupting his answers to chant "Wall Street greed." One questioner asked the GOP presidential c

Politico reporter Ken Vogel on how Republicans could use millions from "Super PACs" to fund attack ads and an update on the Republican race. Vogel talks about how the "Republican establishment" is backing Romney and fears the so-called "conservative establishment" that will back Bachmann if it hasn't fully already.

"We saw within a few days that this president was going to be heavy-handed, he was going to implement his agenda and pay back his political allies. And then we quickly saw with the stimulus that he moved into spending literally $1 trillion on what was effectively a government spending plan, and it just went on from there to ObamaCare and then to Do

Mark Halperin, TIME Magazine: "Does any aspect of running for President intimidate you?" Gov. Rick Perry, Republican of Texas: "No." Halperin: "Does any aspect of it excite you or enthuse you?" Gov. Rick Perry: "Yeah. I'm kind of getting to the all-in point and the idea that, this is what I'm supposed to be doing. I mean, this is sta

David Shuster, sitting in for Keith Olbermann, discusses the so-called "Super Congress" - the special committee tasked with fixing the deficit - with Bill Press, host of "The Bill Press Show." On "Countdown" Bill Press questions if the "Super Committee"B is constitutional.

Sen. Pat Toomey (R-PA) is unsure why the U.S. lost its AAA rating. Sen. Toomey has been selected to be one of the three GOP Senators on the bipartisan "Super Committee."

Charles Krauthammer: "We just heard that soundbite from Jay Carney in which he said, 'The president will have specific ideas on debt reduction.' Will have? This is after the government announced today that the deficit for this fiscal year -- we're only 10 months in, two months to go -- already has exceeded a trillion dollars. Af

Rachel Maddow explains how Democrats can use stimulus spending to create jobs by using the stimulus funds requests submitted by Republicans.

Bill O'Reilly on the riots in Britain."Great Britain is a quasi-nanny state. They have free health care, generous pensions and safety nets all over the place, yet their society is on fire. No question that is a warning to us."

Watch the 2012 presidential debate Thursday night at 9pm ET live presented by Fox News and the Washington Examiner. The debate takes place in Iowa. Candidates are given 1 minute to answer a question and 30 seconds to give a rebuttal, if necessary.

What are the national implications of the Wisconsin recall elections? Ed Schultz and Lawrence O'Donnell discuss.