Monday, October 31, 2011

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

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Monday, October 31, 2011 12:38 AM PDT
Today's Politics - Bloomberg News Headlines - Yahoo! News:
Republicans criticize Obama on Iraq, Libya
Sun,30 Oct 2011 10:34 AM PDT
Reuters -

photoWASHINGTON (Reuters) - Republican presidential candidates showed Sunday how they plan to attack President Barack Obama's credentials as commander in chief by criticizing his actions on Iraq and Libya.


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Perry: can balance U.S. budget with lower revenues
Sun,30 Oct 2011 09:57 AM PDT
Reuters -

photoWASHINGTON (Reuters) - Republican presidential candidate Rick Perry said on Sunday his plan for a 20 percent flat tax option would achieve a balanced budget by 2020 even if it brought in lower revenues initially.


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U.S. flying drones out of Ethiopia: paper
Sun,30 Oct 2011 12:46 AM PDT
Reuters - WASHINGTON (Reuters) - The U.S. Air Force has been secretly flying drones from a civilian airport in southern Ethiopia as part of an aggressive campaign against al Qaeda affiliates in Somalia and Yemen, the Washington Post reported on Sunday. Full Story
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Perry urges repeal of New Hampshire gay marriage law
Sat,29 Oct 2011 02:37 PM PDT
Reuters -

photoMANCHESTER, New Hampshire (Reuters) - Texas Governor Rick Perry pressed a conservative social agenda at an appearance in New Hampshire, calling for the repeal of the state's 2009 law legalizing same-sex marriage.


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Van Pelt overcomes false start to take Malaysia lead
Sat,29 Oct 2011 04:45 AM PDT
Reuters - (Reuters) - Bo Van Pelt did not let two opening bogeys bog him down and hit a four-under-67 to take a one-stroke lead over fellow American Jeff Overton after the penultimate round in the $6.1 million CIMB Asia Pacific Classic in Malaysia Saturday. Full Story
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Obama; wealth gap shows need for fairer approach
Sat,29 Oct 2011 03:03 AM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama, seizing on a report that showed America's rich getting richer while the rest of the country struggled to get ahead, said on Saturday that Republicans were thwarting a fairer approach.


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Republican Perry chides Romney, defends Texas actions
Fri,28 Oct 2011 05:22 PM PDT
Reuters -

photoCONCORD, New Hampshire (Reuters) - Texas Governor Rick Perry renewed his attack on Republican presidential rival Mitt Romney as untrustworthy, and defended Texas illegal immigration policy that has been criticized by conservative Republicans.


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U.S. moves to sell attack helicopters to Turkey
Fri,28 Oct 2011 02:55 PM PDT
Reuters - WASHINGTON (Reuters) - The Obama administration formally notified the Congress on Friday of an unusual proposal to take three AH-1W "SuperCobra" attack helicopters from the U.S. Marine Corps inventory and sell them to Turkey. Full Story
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Republican Perry criticizes Romney, defends Texas actions
Fri,28 Oct 2011 02:11 PM PDT
Reuters -

photoCONCORD, New Hampshire (Reuters) - Texas Governor Rick Perry renewed his attack on Republican presidential rival Mitt Romney as untrustworthy, and defended Texas illegal immigration policy that has been criticized by conservative Republicans.


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Rep. Pelosi: Must tie repatriation tax to jobs
Fri,28 Oct 2011 02:06 PM PDT
Reuters -

photoWASHINGTON (Reuters) - House of Representatives Democratic leader Nancy Pelosi on Friday said she could support a plan allowing U.S. companies to repatriate overseas profits at a reduced tax rate if it would also create new jobs domestically.


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Top Obama aide vents frustration with Congress
Fri,28 Oct 2011 01:49 PM PDT
Reuters -

photoWASHINGTON (Reuters) - A top aide to President Barack Obama expressed frustration on Friday with his fellow Democrats as well as Republican members of Congress for resisting the White House's domestic agenda.


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Factbox: Nine Senate races to watch in 2012
Fri,28 Oct 2011 01:28 PM PDT
Reuters -

photo(Reuters) - President Barack Obama's Democratic Party has to do more than just hold on to the White House in the 2012 elections.


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Battleground states in the 2012 presidential election
Fri,28 Oct 2011 01:26 PM PDT
Reuters - (Reuters) - "Swing" or "battleground" states, which can switch back and forth between the two major parties in U.S. presidential votes and are heavily courted by candidates, will be crucial to deciding the winner of next year's election for the White House. Full Story
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China key suspect in U.S. satellite hacks: commission
Fri,28 Oct 2011 01:13 PM PDT
Reuters - WASHINGTON (Reuters) - At least two U.S. environment-monitoring satellites were interfered with four or more times in 2007 and 2008 via a ground station in Norway, and China's military is a prime suspect, a draft report to Congress said. Full Story
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Insurgent safe havens in Pakistan big threat: U.S
Fri,28 Oct 2011 12:48 PM PDT
Reuters - WASHINGTON (Reuters) - Insurgent safe havens in Pakistan are now the biggest threat to NATO forces in Afghanistan, the Pentagon said on Friday. Full Story
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Top Obama aide delays trip to China, India: White House
Fri,28 Oct 2011 12:25 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama's top national security adviser delayed a planned trip to China and India last week to help Obama deal with Libya and a decision on U.S. troops in Iraq, the White House said on Friday.


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Rick Perry 2.0 seeks second chance from Republicans
Fri,28 Oct 2011 12:21 PM PDT
Reuters -

photoWASHINGTON (Reuters) - After a rocky two months, Republican presidential candidate Rick Perry has brought in new advisers and is trying to limit distractions that have slowed his bid to emerge as Mitt Romney's conservative alternative.


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Factbox: Tax plans of Republican presidential contenders
Fri,28 Oct 2011 11:24 AM PDT
Reuters - (Reuters) - The major Republican presidential contenders are offering tax programs that range from radical to rehashed corporate wish lists. Full Story
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Factbox: Obama rolls out more executive office job measures
Fri,28 Oct 2011 09:48 AM PDT
Reuters - (Reuters) - U.S. President Barack Obama, sidestepping Republicans in Congress who have thwarted his $447 billion jobs plan, has invoked his executive powers to help homeowners, students and veterans struggling to find work. Full Story
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Election worries give momentum to deficit talks
Fri,28 Oct 2011 08:44 AM PDT
Reuters -

photoWASHINGTON (Reuters) - The congressional "super committee" charged with slashing the U.S. deficit have heard from legions of lobbyists and lawmakers bent on influencing the outcome. Now members are getting an earful from Republican and Democratic leaders who want them to reach a deal and help restore voters' faith in Congress before the 2012 elections.


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Factbox: Has Obama delivered on his 2008 campaign promises?
Fri,28 Oct 2011 08:08 AM PDT
Reuters -

photo(Reuters) - President Barack Obama said at a fundraiser in California this week he has kept 60 percent of his 2008 campaign promises.


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Factbox: Key dates in 2012 presidential race
Fri,28 Oct 2011 05:53 AM PDT
Reuters - (Reuters) - Florida set its presidential primary election for January 31, triggering a game of leapfrog as various states try to increase their influence by moving ahead in the nominating process. Full Story
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Jet-lagged Overton scorches course for joint lead
Fri,28 Oct 2011 04:25 AM PDT
Reuters -

photo(Reuters) - American Jeff Overton, a last-minute entry in the CIMB Asia Pacific Classic in Malaysia, hit a new course record of nine-under 62 to share the half-way lead in the $6.1 million tournament.


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George McGovern released from South Dakota hospital
Thu,27 Oct 2011 04:58 PM PDT
Reuters - (Reuters) - George McGovern, the longtime Senator from South Dakota who ran as the Democratic Party candidate for president in 1972, was released on Thursday from a Sioux Falls hospital where he had been admitted for fatigue. Full Story
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Analysis: Dodd-Frank, the jobs bill no one talks about
Thu,27 Oct 2011 04:10 PM PDT
Reuters - (Reuters) - President Barack Obama may be smarting because his sweeping jobs bill has mostly stalled in Congress, but the Dodd-Frank bill -- much maligned as a job killer -- could boost the kind of work Democrats find hard to tout. Full Story
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Committee's deficit plans show deep divisions
Thu,27 Oct 2011 04:07 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Republicans proposed a $2.2 trillion deficit reduction plan heavy on spending cuts and light on tax increases that highlighted a yawning divide with Democrats over how to ease the country's huge debt burden.


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Factbox: Republicans, Democrats advance debt plans
Thu,27 Oct 2011 02:05 PM PDT
Reuters - (Reuters) - Republicans and Democrats in the U.S. Congress who serve on a "super committee" tasked with slashing deficits have advanced rival plans to address the country's mounting fiscal woes as negotiations heat up before a November 23 deadline. Full Story
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In politics, business experience rarely a winner
Thu,27 Oct 2011 01:27 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Republican presidential hopefuls Mitt Romney and Herman Cain tout their real-world business experience as the cure for an ailing U.S. economy, but political history suggests it is rarely a deciding factor in elections.


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House Democrat wants foreclosure case details
Thu,27 Oct 2011 01:15 PM PDT
Reuters -

photoWASHINGTON (Reuters) - The top Democrat on a House oversight panel is calling on his Republican counterpart to subpoena copies of certain contracts used by mortgage servicing companies that might provide insight into past foreclosure abuses.


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Perry may not take part in all Republican debates
Thu,27 Oct 2011 12:06 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Republican presidential candidate Rick Perry, who admits he is not the "slickest" debater, may not participate in all the remaining 2012 debates because there are so many.


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House passes minor element of Obama jobs plan
Thu,27 Oct 2011 11:51 AM PDT
Reuters -

photoWASHINGTON (Reuters) - The Republican-led House of Representatives passed a minor element of President Barack Obama's jobs bill on Thursday as consensus remained elusive on other efforts to boost the struggling U.S. economy.


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Defense companies post profits, cite rising backlogs
Thu,27 Oct 2011 11:39 AM PDT
Reuters -

photo(Reuters) - Raytheon Co and L-3 Communications Holdings on Thursday reported a drop in quarterly sales, but the defense contractors cited rising backlogs as a cause for optimism in the face of falling defense budgets.


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U.S. criticizes Iran leaders as "hypocritical"
Thu,27 Oct 2011 10:33 AM PDT
Reuters - WASHINGTON (Reuters) - The United States on Thursday accused Iran's leaders of hypocrisy and said it has taken actions that suggest it might not meet its international obligations. Full Story
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Republican proposes reshaping mortgage market
Thu,27 Oct 2011 08:51 AM PDT
Reuters -

photoWASHINGTON (Reuters) - A top Republican in the House of Representatives on Thursday proposed legislation to retool the mortgage market and pave the way for a larger private sector role in the housing finance system.


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White House sees fragile moment for world economy
Thu,27 Oct 2011 08:30 AM PDT
Reuters -

photoWASHINGTON (Reuters) - The White House said on Thursday it was encouraged by data showing the U.S. economy grew in the third quarter of 2011 but said faster expansion was needed to recover jobs and fortify the global economy.


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Factbox: What are US foreign profit tax reform options?
Thu,27 Oct 2011 07:54 AM PDT
Reuters - (Reuters) - Republican Representative Dave Camp, the chairman of the tax-writing House of Representatives Ways and Means Committee, on Wednesday proposed a "territorial system" for taxing overseas profits of U.S. corporations. Full Story
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Lockheed airs gripes with Pentagon contract demands
Wed,26 Oct 2011 09:33 PM PDT
Reuters - WASHINGTON/ATLANTA (Reuters) - After months of grumbling behind the scenes, U.S. arms makers are now publicly criticizing Pentagon plans to change the way it buys weapons and make industry shoulder more of the risks of development. Full Story
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Brazilian sports minister quits over corruption scandal
Wed,26 Oct 2011 04:08 PM PDT
Reuters -

photoBRASILIA (Reuters) - Brazil's sports minister resigned on Wednesday over a corruption scandal, reviving concern about President Dilma Rousseff's unstable coalition and the country's lagging preparations for the 2014 soccer World Cup.


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Lawmakers ask Obama to delay Keystone decision
Wed,26 Oct 2011 04:05 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Fourteen lawmakers called on President Barack Obama to delay a decision on the Canada-to-Texas Keystone oil sands pipeline, while Obama was interrupted in Denver on Wednesday by a protester opposing TransCanada Corp's project.


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Rep. John Olver of Massachusetts announces retirement plans
Wed,26 Oct 2011 03:59 PM PDT
Reuters - CONWAY, Mass (Reuters) - Representative John Olver, a Massachusetts Democrat, said on Wednesday he plans to retire from Congress when his current term ends next year, citing family issues. Full Story
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