Daily News Digest: Politics - Bloomberg News Headlines - Yahoo! News

Yahoo! Alerts

Yahoo! News | My Alerts | Edit Alert

Wednesday, July 27, 2011 12:03 AM PDT

Today's Politics - Bloomberg News Headlines - Yahoo! News: Obama seeks "Plan B" as debt plans stall General Dempsey warns against deep defense cuts Two senators tell airlines not to "pocket" tax Kirk hopes for September approval of trade deals Kirk hopes for September approval of U.S. trade deals North Carolina lower house overrides abortion bill veto Illinois Congressman arrested in front of White House House passes bill to speed up oil sands pipe review Boehner reworks plan after cuts fall short Gov. Brown nominates controversial judge for California court Americans answer Obama's call, contact lawmakers White House rules out Constitution debt option Alabama's Jefferson County hires bankruptcy lawyers Factbox: Pawlenty clings to White House bid despite slow start Top general warns against deep defense cuts Debt ceiling wiggle room runs out August 2: White House Analysis: Debt negotiators eye 2012 Boehner short Republican votes for debt plan, conservative says A few Democrats may back Boehner debt plan: Hoyer Boehner says his debt plan can pass House and Senate Text: Obama address on debt ceiling impasse Analysis: The politics behind Boehner's two-step debt hike Amid dueling debt plans, Obama to address nation Head of U.S. cyber agency resigns suddenly Boehner introduces debt plan, says can pass Senate White House backs Reid debt plan Senate Democrats unveil debt limit plan NJ Governor Christie more like 2016, not 2012, hopeful House Speaker Boehner to hold press conference 4 p.m. Monday House Republicans seek $1 trillion debt limit hike Debt talks rain on Obama 50th birthday parade World watches and hopes U.S. will avoid debt "suicide" Analysts view: Lawmakers still divided; debt deadline looms Pelosi seeks ethics probe of Oregon Democrat Wu Eyeing Iowa, Bachmann hits at Pawlenty on credentials Snapshot: Developments in U.S. debt talks Daley sees a few stressful days for markets Obama cannot raise debt ceiling on his own: Geithner House Speaker Boehner: last offer still on table Senator Coburn says short-term debt deal likely Obama seeks "Plan B" as debt plans stall Tue,26 Jul 2011 11:00 PM PDT Reuters - WASHINGTON (Reuters) - A Republican plan to cut the U.S. deficit faced delay and stiff opposition on Wednesday, piling anxiety onto investors and ordinary Americans hoping for a late compromise to avoid a crippling debt default. Full Story Top General Dempsey warns against deep defense cuts Tue,26 Jul 2011 09:09 PM PDT Reuters - WASHINGTON (Reuters) - The nominee to become the top U.S. military officer warned on Tuesday it would be "extraordinarily difficult and very high risk" to cut $800 billion from defense spending as part of efforts to reduce the nation's $14.3 trillion debt. Full Story Top Two senators tell airlines not to "pocket" tax Tue,26 Jul 2011 05:32 PM PDT Reuters - WASHINGTON (Reuters) - Airlines should not "pocket" revenue from a passenger tax that has lapsed during a partial aviation shutdown, two U.S. Senate transportation leaders said in a letter sent to the industry association on Tuesday. Full Story Top Kirk hopes for September approval of trade deals Tue,26 Jul 2011 05:07 PM PDT Reuters - WASHINGTON (Reuters) - Trade Representative Ron Kirk said on Tuesday he was optimistic a deal could be struck with Republicans clearing the way for Congress to pass free trade pacts with South Korea, Colombia and Panama after lawmakers return in September from a month-long recess. Full Story Top Kirk hopes for September approval of U.S. trade deals Tue,26 Jul 2011 04:26 PM PDT Reuters - WASHINGTON (Reuters) - U.S. Trade Representative Ron Kirk said on Tuesday he was optimistic a deal could be struck with Republicans clearing the way for Congress to pass free trade pacts with South Korea, Colombia and Panama after lawmakers return in September from a month-long recess. Full Story Top North Carolina lower house overrides abortion bill veto Tue,26 Jul 2011 04:25 PM PDT Reuters - RALEIGH, North Carolina (Reuters) - The North Carolina House of Representatives narrowly overrode a veto on Tuesday of a bill requiring women to wait 24 hours before getting an abortion and be presented with a ultrasound of the fetus. Full Story Top Illinois Congressman arrested in front of White House Tue,26 Jul 2011 04:23 PM PDT Reuters - WASHINGTON (Reuters) - Democratic Congressman Luis Gutierrez was arrested in front of the White House on Tuesday afternoon while protesting deportation of illegal immigrants, a spokesman said. Full Story Top House passes bill to speed up oil sands pipe review Tue,26 Jul 2011 04:12 PM PDT Reuters - WASHINGTON (Reuters) - The House of Representatives on Tuesday approved legislation that would set a firm deadline for the Obama administration to decide the fate of a proposed $7 billion pipeline that would transport Canadian oil sands crude to the U.S. Gulf Coast. Full Story Top Boehner reworks plan after cuts fall short Tue,26 Jul 2011 04:00 PM PDT Reuters - WASHINGTON (Reuters) - House Speaker John Boehner is reworking his budget plan after an analysis found that its spending cuts fall short of what he promised, a spokesman said on Tuesday. Full Story Top Gov. Brown nominates controversial judge for California court Tue,26 Jul 2011 03:39 PM PDT Reuters - NEW YORK (Reuters) - Goodwin Liu, a University of California law professor whose confirmation to a federal appeals court was blocked in the U.S. Senate, has been nominated to serve as a justice on the top court in California. Full Story Top Americans answer Obama's call, contact lawmakers Tue,26 Jul 2011 02:32 PM PDT Reuters - WASHINGTON (Reuters) - Americans wasted little time on Tuesday answering President Barack Obama's request to make their voice heard on the looming debt crisis, crashing websites with e-mails and flooding the telephone lines of lawmakers in Washington with thousands of calls. Full Story Top White House rules out Constitution debt option Tue,26 Jul 2011 12:55 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama will not use a clause in the Constitution to bypass Congress and raise the federal government's debt limit on his own, the White House said Tuesday. Full Story Top Alabama's Jefferson County hires bankruptcy lawyers Tue,26 Jul 2011 10:49 AM PDT Reuters - BIRMINGHAM, Alabama (Reuters) - Alabama's Jefferson County on Tuesday hired outside bankruptcy lawyers ahead of a critical decision on its debt that could result in what would be the largest municipal bankruptcy in U.S. history. Full Story Top Factbox: Pawlenty clings to White House bid despite slow start Tue,26 Jul 2011 10:41 AM PDT Reuters - WASHINGTON (Reuters) - Former Minnesota Governor Tim Pawlenty, who was on Senator John McCain's short list for vice presidential running mate in 2008, is fighting low poll numbers and his vanilla image to remain in the 2012 Republican U.S. presidential field. Full Story Top Top general warns against deep defense cuts Tue,26 Jul 2011 10:05 AM PDT Reuters - WASHINGTON (Reuters) - The nominee to become the top U.S. military officer warned on Tuesday it would be "extraordinarily difficult and very high risk" to cut $800 billion from defense spending as part of efforts to reduce the nation's $14.3 trillion debt. Full Story Top Debt ceiling wiggle room runs out August 2: White House Tue,26 Jul 2011 10:00 AM PDT Reuters - WASHINGTON (Reuters) - The United States has no wiggle room on the debt after next week's default deadline, White House spokesman Jay Carney said on Tuesday, adding he expected a deal to be reached through compromise before then. Full Story Top Analysis: Debt negotiators eye 2012 Tue,26 Jul 2011 09:48 AM PDT Reuters - WASHINGTON (Reuters) - U.S. lawmakers bogged down in talks on the debt limit need to reach a deal by an August 2 deadline but the politicians also have one eye another big date: Election Day on November 6, 2012. Full Story Top Boehner short Republican votes for debt plan, conservative says Tue,26 Jul 2011 09:16 AM PDT Reuters - WASHINGTON (Reuters) - House Speaker John Boehner will not have enough Republican votes to pass his budget plan through the House of Representatives without Democratic support, a leader of the chamber's conservatives said on Tuesday. Full Story Top A few Democrats may back Boehner debt plan: Hoyer Tue,26 Jul 2011 08:21 AM PDT Reuters - WASHINGTON (Reuters) - The chief Democratic vote counter in the House of Representatives said on Tuesday that a few members of his party may back a budget plan developed by House Speaker John Boehner. Full Story Top Boehner says his debt plan can pass House and Senate Tue,26 Jul 2011 07:31 AM PDT Reuters - WASHINGTON (Reuters) - House Speaker John Boehner, the top Republican in Congress, said Tuesday his two-stage deficit reduction plan could pass through the House and the Senate. Full Story Top Text: Obama address on debt ceiling impasse Mon,25 Jul 2011 06:30 PM PDT Reuters - WASHINGTON (Reuters) - Following is the full text of President Barack Obama's Monday evening address on the debt ceiling impasse in Washington, as prepared for delivery: Full Story Top Analysis: The politics behind Boehner's two-step debt hike Mon,25 Jul 2011 04:58 PM PDT Reuters - WASHINGTON (Reuters) - So many Americans are so sick of political acrimony over raising the U.S. debt limit that it might seem unfathomable to have to do it all over again early next year. But that is exactly what the top U.S. Republican, John Boehner, is proposing for some practical political reasons. Full Story Top Amid dueling debt plans, Obama to address nation Mon,25 Jul 2011 03:54 PM PDT Reuters - WASHINGTON (Reuters) - Top U.S. lawmakers dueled with diverging debt plans on Monday that offered little compromise and raised the threat of a ratings downgrade and national default as President Barack Obama prepared to address Americans on the impasse. Full Story Top Head of U.S. cyber agency resigns suddenly Mon,25 Jul 2011 01:59 PM PDT Reuters - WASHINGTON (Reuters) - The head of a U.S. agency that helps respond to cyber attacks resigned suddenly after several high-profile attacks on government computer systems but the Department of Homeland Security declined Monday to comment on the reason. Full Story Top Boehner introduces debt plan, says can pass Senate Mon,25 Jul 2011 01:14 PM PDT Reuters - WASHINGTON (Reuters) - House Speaker John Boehner, the top Republican in Congress, introduced a new plan on Monday to approve an increase in the debt ceiling based on the principles of the "cut, cap and balance" plan that can pass in the Democratic-controlled Senate. Full Story Top White House backs Reid debt plan Mon,25 Jul 2011 12:20 PM PDT Reuters - WASHINGTON (Reuters) - The White House on Monday endorsed a deficit reduction plan put forward by Senate Democratic leader Harry Reid, saying it would remove the cloud of a possible default from the U.S. economy through 2012. Full Story Top Senate Democrats unveil debt limit plan Mon,25 Jul 2011 11:49 AM PDT Reuters - WASHINGTON (Reuters) - Senate Democrats on Monday offered a $2.7 trillion spending-cut plan that includes large savings from domestic and defense programs to try to break the impasse over raising the government's $14.3 trillion debt limit. Full Story Top NJ Governor Christie more like 2016, not 2012, hopeful Mon,25 Jul 2011 11:29 AM PDT Reuters - NEW YORK (Reuters) - New Jersey Governor Chris Christie has said he has no interest in running for president but relentless speculation about his plans could make him a kingmaker in 2012 and position him to run in 2016. Full Story Top House Speaker Boehner to hold press conference 4 p.m. Monday Mon,25 Jul 2011 11:04 AM PDT Reuters - WASHINGTON (Reuters) - House of Representatives Speaker John Boehner has scheduled a press conference for 4 p.m. EDT on Monday, his office said. Full Story Top House Republicans seek $1 trillion debt limit hike Mon,25 Jul 2011 10:32 AM PDT Reuters - WASHINGTON (Reuters) - Republicans in the House of Representatives will push legislation to cut $1.2 trillion in spending over 10 years and provide a short-term, $1 trillion increase in the government's borrowing limit, a Republican aide said on Monday. Full Story Top Debt talks rain on Obama 50th birthday parade Mon,25 Jul 2011 07:25 AM PDT Reuters - WASHINGTON (Reuters) - Rancorous negotiations with congressional Republicans over how best to deal with the U.S. budget deficit may keep President Barack Obama away from his own 50th birthday party in Chicago next month. Full Story Top World watches and hopes U.S. will avoid debt "suicide" Mon,25 Jul 2011 03:54 AM PDT Reuters - SINGAPORE (Reuters) - Policymakers worldwide oscillated between hope and confidence on Monday that U.S. lawmakers will break a debt impasse that threatens to trigger a default and up-end global financial markets. Full Story Top Analysts view: Lawmakers still divided; debt deadline looms Sun,24 Jul 2011 10:07 PM PDT Reuters - WASHINGTON (Reuters) - A sharply divided Congress pursued rival budget plans on Sunday that appeared unlikely to win broad support, pushing the United States closer to a debt default that would reverberate around the world. Full Story Top Pelosi seeks ethics probe of Oregon Democrat Wu Sun,24 Jul 2011 09:49 PM PDT Reuters - WASHINGTON (Reuters) - House of Representatives Democratic leader Nancy Pelosi said she will seek an ethics investigation Monday into sexual misconduct allegations against Representative David Wu. Full Story Top Eyeing Iowa, Bachmann hits at Pawlenty on credentials Sun,24 Jul 2011 02:53 PM PDT Reuters - WASHINGTON (Reuters) - Presidential candidate Michele Bachmann hit back at a Republican rival on Sunday, saying her experience with the conservative Tea Party movement made her uniquely qualified to trim down Washington. Full Story Top Snapshot: Developments in U.S. debt talks Sun,24 Jul 2011 10:24 AM PDT Reuters - WASHINGTON (Reuters) - Here is what is happening on Sunday as lawmakers try to close in on a deal to raise the $14.3 trillion U.S. debt limit by August 2 and avoid a credit default: Full Story Top Daley sees a few stressful days for markets Sun,24 Jul 2011 07:45 AM PDT Reuters - WASHINGTON (Reuters) - White House Chief of Staff Bill Daley said on Sunday there will be a few stressful days ahead for financial markets but that a U.S. debt deal will ultimately be reached. Full Story Top Obama cannot raise debt ceiling on his own: Geithner Sun,24 Jul 2011 07:10 AM PDT Reuters - WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Sunday that after careful review it was not an option for President Barack Obama to raise the debt ceiling on his own by invoking constitutional authority. Full Story Top House Speaker Boehner: last offer still on table Sun,24 Jul 2011 06:53 AM PDT Reuters - WASHINGTON (Reuters) - Republican House of Representatives Speaker John Boehner said on Sunday that he would prefer to unveil a bipartisan deal to raise the debt ceiling and that his last offer to Democratic President Barack Obama was still on the table. Full Story Top Senator Coburn says short-term debt deal likely Sun,24 Jul 2011 06:39 AM PDT Reuters - WASHINGTON (Reuters) - Republican Senator Tom Coburn said he believes a deal will be struck to raise the debt ceiling for a short amount of time and that President Obama will have no choice but to sign the deal. Full Story Top

You received this email because you subscribed to Yahoo! Alerts. Use this link to unsubscribe from this alert. To change your communications preferences for other Yahoo! business lines, please visit your Marketing Preferences. To learn more about Yahoo!'s use of personal information, including the use of web beacons in HTML-based email, please read our Privacy Policy. Yahoo! is located at 701 First Avenue, Sunnyvale, CA 94089.