THIS WEEK (ABC): Senate Majority Leader Harry Reid (D-NV). Roundtable: Matthew Dowd; Univision anchor Jorge Ramos; Paul Krugman; Carly Fiorina; Rep. Lou Barletta (R-PA). Then, Michelle Rhee.
FACE THE NATION (CBS): NFL Commissioner Roger Goodell. Plus, CBS Sports’ Jim Nantz, Phil Simms, Shannon Sharpe.
STATE OF THE UNION (CNN): Defense Secretary Leon Panetta, Joint Chiefs Chairman Martin Dempsey, Hines Ward and George Allen.
FOX NEWS SUNDAY: National Rifle Association’s Wayne LaPierre. Captain Mark Kelly, U.S. Navy (Ret.). Roundtable: Kevin Madden, Nina Easton, Laura Ingraham, Evan Bayh.
MEET THE PRESS (NBC): Defense Secretary Leon Panetta, Joint Chiefs Chairman Martin Dempsey. Roundtable: Robert Gibbs; Ralph Reed; former National Hispanic Co-Chair for John McCain’s 2008 presidential campaign, Ana Navarro; David Brooks. Also, Bob Costas.
No John McCain?!
Mooooooorning everyone, another busy-ish Sunday but I’ll be in out and out all day checking if Manchester United are still winning that poll. It’s looking good. :cool:
AP: The U.S. economy grew at a faster 2.7 percent annual rate from July through September, although the strength may fade in the final months of the year.
The Commerce Department says growth in the third quarter was much better than the 2 percent rate estimated a month ago and more than twice the 1.3 percent rate logged in the April-June quarter.
The two biggest factors in the upward revision were larger gains in business stockpiles and a boost in export sales. That offset weaker consumer spending.
Economists believe growth is slowing to a rate below 2 percent in the current October-December quarter because of disruptions from Superstorm Sandy and worries about sharp tax increases and spending cuts that would occur in January without a budget deal in Washington.
Steve Benen: Initial unemployment claims spiked a few weeks ago after Hurricane Sandy slammed the Northeast, but the new figures from the Department of Labor points to a steady improvement:
Applications for U.S. unemployment benefits fell 23,000 to a seasonally adjusted 393,000 in the week ended Nov. 24, the Labor Department said Thursday. Initial claims from two weeks ago were revised up to 416,000 from an original reading of 410,000, based on more complete data collected at the state level. Economists surveyed by MarketWatch expected claims to drop to 390,000 as the effects of Hurricane Sandy fade.
CNBC: Buyers are coming back to the housing market in ever greater numbers, as an industry index measuring contracts to purchase existing homes surged 5.2 percent in October from September.
The monthly gauge of pending home sales from the National Association of Realtors was also revised higher in September and is now up 13.2 percent from October of 2011. This is a forward looking indicator for closed sales one to two months from now.
President Barack Obama and Vice President Joe Biden meet with business leaders to discuss the actions needed to keep the economy growing and find a balanced approach to reduce the deficit, in the Roosevelt Room of the White House, Nov. 28, 2012. (Official White House Photo by Pete Souza)
An angry President Obama admonishes Bo for eating Romney’s White House lunch:
E.J. Dionne: Here’s the first lesson from the early skirmishing over ways to avoid the fiscal cliff: Democrats and liberals have to stop elevating Grover Norquist, the anti-government crusader who wields his no-tax pledge as a nuclear weapon, into the role of a political Superman.
Pretending that Norquist is more powerful than he is allows Republicans to win acclaim they haven’t earned yet. Without making a single substantive concession, they get loads of praise just for saying they are willing to ignore those old pledges to Grover … kudos for an openness to compromise should be reserved for Republicans who put forward concrete proposals to raise taxes.
The corollary is that progressives should be unafraid to draw their own red lines. If you doubt that this is a good idea, just look at how effective Norquist has been.
CNN: In the final race deemed too close to call, Republican David Rouzer conceded Wednesday after a recount in the race for North Carolina’s 7th Congressional District showed incumbent Rep. Mike McIntyre won by a razor-thin margin.
…. Despite facing a newly-drawn district that appeared to have been created to end his career, McIntyre showed strong signs of life in the race and ran a competitive race in the district that skews heavily Republican. He led in fundraising over Rouzer, a state senator, and kept even with ad spending by pro-Republican outside groups and the national Republican Party. Rouzer, however, stayed off the airwaves.
The contest was considered the final unresolved House race from Election Day that could make a difference in the makeup of the 113th Congress…. McIntyre’s victory gives Democrats a net gain of eight House seats from the November election, and the next Congress will consist of 234 Republicans and 201 Democrats.
2:15: Delivers remarks at a campaign rally at Elm Street Middle School, Nashua
4:30: Vice President Biden, Jill and Beau Biden campaign in Lynchburg, Virginia (live on C-Span)
5:05: President Obama departs Nashua
6:45: Arrives White House
On Wednesday, the President will travel to Cincinnati, Ohio and Akron, Ohio for campaign events. In the evening, the President and the First Lady will welcome local children and children of military families to trick-or-treat at the North Portico of the White House.
Col. Lawrence Wilkerson:
Paul Krugman: For a few days there the Romney campaign was boasting a lot about having Big Mo — and the press corps actually fell for it, briefly. At this point, however, the reality seems to be sinking in: if Romney has Big Mo, it looks like this:
Despite the Denver Debacle and its aftermath, state polls are showing a clear Obama lead in the electoral college, which if anything is getting a bit stronger….
Why? Jonathan Cohn singles out the auto bailout, and rightly so. I’d add, however, that the killing of Osama bin Laden mattered too …. what the auto rescue and the bin Laden strike have in common is that they were both very courageous decisions — decisions that could easily have gone wrong, that faced lots of second-guessing. You can criticize Obama for many things (and I have, and will in future), but he showed true grit when it mattered, and now seems likely to reap the reward.
Mediaite: Bill Maher used his final New Rule of the night to warn voters unhappy with President Obama of the political and social consequences of the other guy winning. Maher argued that Mitt Romney winning the presidency would not just be a victory for him, but for every Republican extremist Romney has ever supported in his recent political career. Maher said Romney “may seem like a nice fella,” but he’s “a compulsive liar whose whole life is secret” and would bring too much unwanted baggage into a relationship with America.
…. Maher also warned about the “fresh can of nuts” in Congress with wildly anti-scientific beliefs that would have more free reign under a Republican administration. Maher said that a Republican in the White House would mean the return of “Bible-thumping bullshit” in government.