It's All Politics
3:22 am
Wed November 7, 2012

After Election, Congress Turns To 'Fiscal Cliff,' Other Money Issues

If Congress fails to address the alternative minimum tax, millions of households could see their federal 2012 tax bills jump.
iStockphoto.com

Originally published on Wed November 7, 2012 8:40 pm

For months, Americans have been watching the presidential political drama play out nightly on the news. Now, with President Obama's victory, that story is ending.

But for the economy, an action thriller is just beginning.

Congress has just weeks to jump to the rescue of an economy moving closer and closer to the so-called fiscal cliff. That phrase refers to a $600 billion cluster of automatic spending cuts and tax hikes — all coming together at year's end.

Read more
It's All Politics
3:21 am
Wed November 7, 2012

For Obama, Vindication, But Not A Mandate

Obama has become only the third U.S. president to win re-election by a narrower margin than his first victory. Having won a second term, Obama will seek to set the nation's agenda on issues ranging from taxes to immigration, but he may continue to struggle in selling his ideas to Congress.
Robyn Beck AFP/Getty Images

Originally published on Wed November 7, 2012 3:37 pm

  • Special Coverage: Hour 1
  • Special Coverage: Hour 2

Winning matters. Having earned a second term, President Obama will attempt to build on and expand the agenda from his first, launching new initiatives on tax policy, education and immigration.

But having won the popular vote by a bare majority — and still facing a divided Congress — Obama may find it difficult to gather momentum for his policies.

Despite the close result in the popular vote nationwide, Obama wasted no time claiming vindication for his ideas. In his victory speech early Wednesday in Chicago, he tied his re-election to two centuries of American progress.

Read more
Election 2012
3:10 am
Wed November 7, 2012

Media Circus: Fox Struggles With Obama's Win

Fox News anchor Megyn Kelly walked down the hallway to ask the Fox decision team to explain the reasoning behind its Ohio call, which contradicted Rove's analysis. Click here to watch the interview.
Fox News

Originally published on Wed November 7, 2012 1:10 pm

Imagine a ballot Tuesday that confronted you not with a choice between candidates named OBAMA and ROMNEY, but that looked more like this:

How much do you support the REPUBLICAN?

Pick only one.

Utterly _____

More than that ____

For much of Election Day, that was what viewers encountered in watching Fox News' coverage. President Obama was, in the words of Fox & Friends co-host Steve Doocy at the outset of the day, a guy who "promised hope and change — a lot of stuff — and he didn't deliver."

Read more
It's All Politics
2:31 am
Wed November 7, 2012

How Third-Party Candidates Fared

Independent Angus King celebrates under a splash of champagne in Freeport, Maine, on Tuesday after winning the Senate seat vacated by Republican Olympia Snowe.
Robert F. Bukaty AP

In a highly polarized electorate, there's not a lot of room for third-party candidates to make a strong showing. Still, minor parties did see some bright spots on Tuesday.

Maine elected an independent to the Senate, former Gov. Angus King, while Vermont re-elected its independent senator, Bernard Sanders.

Both those victories may have been "idiosyncratic," says Cary Covington, a University of Iowa political scientist, having more to do with the personal popularity of the candidates than pointing to any wider desire for independent candidates.

Read more
It's All Politics
2:27 am
Wed November 7, 2012

Gubernatorial Battles: Republican Takes N.C., Democrat Wins N.H.

New Hampshire Gov.-elect Maggie Hassan speaks to supporters Tuesday in Manchester, N.H., after defeating Republican Ovide Lamontagne to keep the governor's seat in Democratic control.
Jim Cole AP

Voters in North Carolina put a Republican in their governor's office for the first time in two decades, and New Hampshire elected a new female Democratic governor.

But the closely watched tossup races in Montana and Washington, where Democrats currently serve as governors, remained too close to call late Tuesday.

Eight of the gubernatorial seats up for grabs are now held by Democrats; three are in Republican hands. Republicans currently hold 29 governorships, Democrats have 20, and Rhode Island Gov. Lincoln Chafee is an independent.

Read more
Local News
2:05 am
Wed November 7, 2012

Top State Senate Leader Defeated

ALBUQUERQUE, N.M. (AP) — A top Democrat Senate leader lost his re-election bid Tuesday after being targeted by Republican Gov. Susana Martinez in one of the most costly legislative races in this year's general election.

Roswell farmer Cliff Pirtle defeated Senate President Tim Jennings, a Roswell Democrat, according to unofficial returns.

Read more
Local News
1:59 am
Wed November 7, 2012

PRC Qualifications Amendment Okayed by Voters

ALBUQUERQUE, N.M. (AP) — New Mexico voters have approved one of the proposed constitutional amendments aimed at revamping the Public Regulation Commission, one of the state's most powerful, highest paid and most scandal-plagued bodies.

The amendment allows the state Legislature to establish minimum qualifications for PRC candidates.

Currently, a candidate needs only to be 18, a New Mexico resident for at least one year and have no felony convictions.

Two other proposed amendments that target PRC duties have yet to be decided.

Read more
Local News
1:55 am
Wed November 7, 2012

Exit Polls Showed Strong Support For Obama From Hispanics

ALBUQUERQUE, N.M. (AP) — Highlights of results of exit polls conducted in New Mexico for The Associated Press:

___

WHY OBAMA WON: President Barack Obama scored well among first-time voters and younger voters, and he nearly split votes with Republican challenger Mitt Romney among voters over 30.

The newly re-elected president had a commanding lead among Hispanic men and women, but white voters favored Romney.

Both candidates maintained votes within their political bases.

Read more
It's All Politics
1:48 am
Wed November 7, 2012

Scenes Of Celebration At The White House

The scene outside the White House Wednesday after President Obama's re-election.
Mladen Antonov AFP/ Getty Images

Originally published on Wed November 7, 2012 4:15 am

Supporters of President Obama partied outside the White House on Wednesday morning, chanting "Four More Years!" and "U-S-A!" — and singing off-tune renditions of The Star-Spangled Banner.

"I knew I'd be coming here. I just didn't know whether I'd be coming to protest or to celebrate," said AnaLysa Sawyers, 38, a teacher from Maryland.

Read more
Election 2012
12:21 am
Wed November 7, 2012

Transcript: President Obama's Victory Speech

President Obama speaks at his election night party Wednesday in Chicago after defeating Republican challenger Mitt Romney.
M. Spencer Green AP

Originally published on Wed November 7, 2012 1:35 pm

Transcript of President Obama's victory speech in Chicago. Source: Federal News Service

Editor's Note: NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future.

(Cheers, applause.)

AUDIENCE MEMBERS: (Chanting.) Four more years! Four more years! Four more years! Four more years! Four more years! Four more years! Four more years! Four more years!

Read more

Pages