TPM News

The bad news just keeps on coming for former House Speaker Newt Gingrich, whose bid for the Republican presidential nomination has become an instant classic for train wreck aficionados.

The AP reports Gingrich's campaign is more than $1 million in debt, already.

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When Rep. Eric Massa (D-NY) left Congress amid a cloud of charges that he inappropriately touched and sexually harassed a male staffer, most of his Democratic colleagues hoped the issue would fade away -- or at least disappear from public view.

But the House Ethics Committee announced Friday that it has voted to continue an investigation it began last year.

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After more than a decade of research and testing, electronics that can bend and stretch over virtually any surface are finally making their way to the marketplace.

One company in the space is mc10, a start-up in Cambridge Massachusetts. mc10 bases its products on research by co-founder and University of Illinois materials scientist John Rogers, and it's developing a new class of semiconductor applications that broadly range from from catheters to clothes.

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A Republican on the federal commission charged with finding the cause of the nation's financial crisis is pushing back at allegations that he improperly advocated for a repeal of financial regulations. He's flinging back in the faces of his Democratic opponents the charge that he wanted a pre-determined outcome from the panel's report.

Peter Wallison, in an article posted on the conservative group American Enterprise Institute's website, accuses Financial Crisis Inquiry Commission Chairman Phil Angelides, a Democrat, of a "concerted effort to suppress" data from Wallison's colleague that they claim showed the government's mortgage policies played a role in the financial crisis.

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The blogger who first surfaced Marcus Bachmann's "barbarians" audio from 2010 says in no uncertain terms that the clip of Rep. Michele Bachmann's (R-MN) husband saying gays "need to be disciplined" was not altered whatsoever.

"I didn't doctor a damn a thing," blogger Ken Avidor told New York magazine.

Bachmann and one of the counselors at his clinic are distancing themselves from the controversial remarks by saying, in essence, that they never happened.

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Voodoo economics has made a triumphant return to Capitol Hill in the debate over deficits and raising the national debt limit.

Take Rep. Tim Scott (R-SC) -- a high profile freshman, popular with the tea party. After a GOP caucus meeting Friday morning, he explained to a group of reporters that even if tax increases could pass the House, they would hasten a debt crisis.

"Tax increases only makes the situation worse, and at the end of the day it has the exact opposite effect that we would think that it would have," Scott claimed. "Fewer revenue dollars."

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President Obama said his 2008 campaign message of hope still springs eternal when it comes to breaking the impasse in debt ceiling negotiations with Republicans in the next few days.

"I'm hopeful that over the next couple of days we will see this logjam broken," he said at a Friday press conference, his second in a week.

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David VanderLeest, the Republican candidate in next week's Wisconsin recall election targeting Democratic state Sen. Dave Hansen, is continuing to rebut stories of his legal and financial problems. Allegations about his personal finances and reports of domestic violence in his former marriage have dogged his campaign.

"I read a social services report yesterday that says I smoke crack," said VanderLeest, during an interview on Joy Cardin of Wisconsin Public Radio. "None of it's true. I don't smoke rocks, and that's the truth."

To be clear, VanderLeest was not the GOP's preferred candidate. Instead, Republicans became stuck with VanderLeest after their originally recruited candidate, state Rep. John Nygren, failed to submit the required 400 valid petition signatures. Nygren submitted slightly over 400 signatures for himself -- despite the fact that Republicans had been able to gather 18,000 signatures to trigger a recall -- with not enough of a buffer for when a few them were disqualified. Nygren initially filed a lawsuit to get onto the ballot, but lost in court and announced he would not further appeal the decision.

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Former New York City Mayor Rudy Giuliani doesn't believe his "honorable, honest" friend Rupert Murdoch knew anything about the phone hacking that may have taken place in the name of his U.K. newspapers.

"Give people the presumption of innocence," he told CNN's Candy Crowley Thursday, "I think that just how high up it goes is a big question and one we shouldn't be jumping to conclusions about."

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