What we’re watching: Monday Nov. 28, 2011

Updated
 

Republican presidential hopeful Herman Cain says he’s expecting another accusation soon to be made public – that he once had an extended extramarital affair with a woman.

In an interview on CNN, Cain said he knows the woman, whom he did not name, and said the accusation is baseless.

Extending a payroll tax cut for American workers will be high on Congress’s agenda as lawmakers return from a Thanksgiving break on Monday, but Democrats and Republicans are deeply divided about how to pay for it.

New York Democratic Sen. Charles Schumer said his party would introduce a plan to extend the tax cut into 2012 next week, and pay for it with a surtax on incomes greater than $1 million.  Schumer will be our guest at 8p/11p ET.

Democratic Rep. Barney Frank of Massachusetts announced his retirement today effective at the end of next year, closing out a congressional career of more than three decades capped by passage of legislation imposing new regulations on Wall Street. 

Frank, 71 and a lifelong liberal, won a House seat in 1980 and was one of the first lawmakers to announce that he is gay.

 Former Speaker of the House Newt Gingrich’s political star continued to rise over the weekend with an endorsement from the powerful Manchester Union Leader and new polls showing him surpassing Ron Paul for second place in the key primary state.

Kansas Gov. Sam Brownback apologized today for his office’s response to a disparaging Twitter post by a high school senior who was attending a school function at the state Capitol.

And as shoppers flocked to malls across Wisconsin to find deals over the weekend, so did volunteers gathering signatures to recall Gov. Scott Walker.  Wisconsin Democratic Chair Mike Tate joins us to tell us how many signatures the Walker recall effort has on the books so far.


 

What we're watching: Monday Nov. 28, 2011

Updated