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Tuesday, June 28, 2011 12:02 AM PDT

Today's Politics - Bloomberg News Headlines - Yahoo! News: Pawlenty hits Obama on "Arab spring" Christie to sign New Jersey benefits overhaul Tuesday Senate deplores China's use of force at sea Snap Analysis: California Democrats control reform agenda California governor, Democrats OK budget deal Debt deadline unlikely to deviate much: source Geithner eyes India financial reforms, U.S. access California governor, Democrats reach budget deal Obama confident debt deal can be struck Geithner: U.S., India not at odds on financial goals Democrat Levin will fight Colombia trade deal Romney to favor business people for cabinet posts Clinton calls New York gay marriage vote "historic" Arrest warrant shows Gaddafi lost legitimacy: U.S. Bachmann launches 2012 presidential bid U.S. urges Cameroon to hold fair election White House confident U.S. won't default on debt White House confident U.S. won't default on debt White House says significant debt deal possible Tax code hurts stability: Fed's Kocherlakota Factbox: Bachmann enters field of 2012 Republican contenders Romney and Bachmann lead Iowa poll Supreme Court strikes down Arizona campaign finance law Hungary intellectuals ask Clinton to defend democracy Analysis: Hugs, politics: Michelle Obama's savvy helps husband New Yorkers celebrate marriage law at Gay Pride Parade Republican Romney to tap ex-pat wealth in London Bachmann's campaign tests Tea Party power limits Romney and Bachmann lead Iowa poll Gingrich defends campaign strategy; criticizes gay marriage Obama says committed to working to cut debt Illinois governor signs election law favoring Democrats Lawmakers send Obama message of discontent on Libya Lawmakers harden positions on taxes, spending Oil release not a political move: Geithner Europe must do more on debt crisis: Geithner Treasury's Geithner: Oil release not political move U.S., South Korea to keep pressure on Pyongyang U.N. council voices "grave concern" about Yemen Geithner says economic weakness mostly temporary Pawlenty hits Obama on "Arab spring" Mon,27 Jun 2011 09:10 PM PDT Reuters - WASHINGTON (Reuters) - Republican presidential candidate Tim Pawlenty will question President Barack Obama's handling of the "Arab spring" movement on Tuesday in what is being billed as a major foreign policy address. Full Story1 Top Christie to sign New Jersey benefits overhaul Tuesday Mon,27 Jun 2011 08:31 PM PDT Reuters - NEW YORK (Reuters) - New Jersey Governor Chris Christie plans to sign into law on Tuesday a major overhaul of pension and health benefits, a spokesman for the Republican governor said. Full Story1 Top Senate deplores China's use of force at sea Mon,27 Jun 2011 08:11 PM PDT Reuters - WASHINGTON (Reuters) - The U.S. Senate unanimously approved a resolution on Monday that deplored China's use of force against Vietnamese and Philippine ships in the South China Sea. Full Story1 Top Snap Analysis: California Democrats control reform agenda Mon,27 Jun 2011 07:02 PM PDT Reuters - SAN FRANCISCO (Reuters) - A budget deal between California's governor and fellow Democrats in control of the state legislature on Monday has left Republicans with little role to play in major reforms. Full Story1 Top California governor, Democrats OK budget deal Mon,27 Jun 2011 06:33 PM PDT Reuters - SAN FRANCISCO (Reuters) - California Governor Jerry Brown and Democratic legislative leaders have reached a deal that bypasses Republicans and relies on higher tax revenue forecasts and some spending cuts to close a $10 billion gap. Full Story1 Top Debt deadline unlikely to deviate much: source Mon,27 Jun 2011 06:18 PM PDT Reuters - WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner is not expected to significantly shift the August 2 date when the government will have exhausted all of its emergency measures to stave off default, a source familiar with the administration's efforts said on Monday. Full Story1 Top Geithner eyes India financial reforms, U.S. access Mon,27 Jun 2011 05:46 PM PDT Reuters - WASHINGTON (Reuters) - India has outgrown its financial system, Treasury Secretary Timothy Geithner said on Monday, calling for cooperation on reforms that would deepen India's capital markets and allow U.S. firms more access to them. Full Story1 Top California governor, Democrats reach budget deal Mon,27 Jun 2011 03:52 PM PDT Reuters - SAN FRANCISCO (Reuters) - California Governor Jerry Brown and Democratic leaders of the state Senate and Assembly said on Monday that they had reached a budget deal that closes a roughly $10 billion shortfall. Full Story1 Top Obama confident debt deal can be struck Mon,27 Jun 2011 03:42 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama is confident Democrats and Republicans can cut a "significant deal" to trim the U.S. deficit and increase its borrowing limit to avoid a damaging default, the White House said on Monday. Full Story1 Top Geithner: U.S., India not at odds on financial goals Mon,27 Jun 2011 03:27 PM PDT Reuters - WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Monday that the United States and India had complementary objectives in developing India's financial markets. Full Story1 Top Democrat Levin will fight Colombia trade deal Mon,27 Jun 2011 02:00 PM PDT Reuters - WASHINGTON (Reuters) - A leading Democrat in the U.S. House of Representatives said on Monday he will fight a proposed trade pact with Colombia because it is unclear whether labor rights provisions will be enforced. Full Story1 Top Romney to favor business people for cabinet posts Mon,27 Jun 2011 12:46 PM PDT Reuters - CONCORD, New Hampshire (Reuters) - Mitt Romney, the early front-runner for the Republican presidential nomination, on Monday said he would want people with extensive private sector experience in his Cabinet, defended his work at a private equity firm and touted the need for lower corporate tax rates. Full Story1 Top Clinton calls New York gay marriage vote "historic" Mon,27 Jun 2011 12:31 PM PDT Reuters - WASHINGTON (Reuters) - Secretary of State Hillary Clinton said on Monday that the New York state legislature's vote to approve same-sex marriage was "historic" and upheld the basic rights of gay people. Full Story1 Top Arrest warrant shows Gaddafi lost legitimacy: U.S. Mon,27 Jun 2011 11:51 AM PDT Reuters - WASHINGTON (Reuters) - The International Criminal Court's issuance of an arrest warrant for Muammar Gaddafi is another sign the Libyan leader has lost his legitimacy, the White House said on Monday. Full Story1 Top Bachmann launches 2012 presidential bid Mon,27 Jun 2011 11:24 AM PDT Reuters - WATERLOO, Iowa (Reuters) - Rising Tea Party star Michele Bachmann leaped into the Republican 2012 presidential nomination race on Monday, saying the country cannot afford four more years of President Barack Obama's handling of the economy. Full Story1 Top U.S. urges Cameroon to hold fair election Mon,27 Jun 2011 11:20 AM PDT Reuters - YAOUNDE (Reuters) - The United States on Monday urged Cameroonian authorities not to stifle the opposition ahead of a presidential poll planned for October. Full Story1 Top White House confident U.S. won't default on debt Mon,27 Jun 2011 10:44 AM PDT Reuters - WASHINGTON (Reuters) - The White House on Monday said it remained confident that the United States would not default on its debt. Full Story1 Top White House confident U.S. won't default on debt Mon,27 Jun 2011 10:43 AM PDT Reuters - WASHINGTON (Reuters) - The White House on Monday said it remained confident that the United States would not default on its debt. Full Story1 Top White House says significant debt deal possible Mon,27 Jun 2011 10:33 AM PDT Reuters - WASHINGTON (Reuters) - The White House said on Monday that a significant federal deficit-reduction deal was possible this year if negotiators from both parties are willing to compromise. Full Story1 Top Tax code hurts stability: Fed's Kocherlakota Mon,27 Jun 2011 09:54 AM PDT Reuters - BIG SKY, Montana (Reuters) - Lawmakers should change the tax code to discourage household and business borrowing that threatens the stability of the financial system, a top Federal Reserve official said on Monday. Full Story1 Top Factbox: Bachmann enters field of 2012 Republican contenders Mon,27 Jun 2011 09:50 AM PDT Reuters - (Reuters) - Congresswoman Michele Bachmann formally announced her 2012 Republican candidacy for president on Monday after emerging from relative obscurity as one of the most energetic hopefuls in the Republican field. Full Story1 Top Romney and Bachmann lead Iowa poll Mon,27 Jun 2011 09:36 AM PDT Reuters - DES MOINES, Iowa (Reuters) - Republican front-runner Mitt Romney and U.S. Representative Michele Bachmann led a closely watched presidential poll of Iowa Republicans, the state that holds the first contest in the nomination battle. Full Story1 Top Supreme Court strikes down Arizona campaign finance law Mon,27 Jun 2011 09:01 AM PDT Reuters - WASHINGTON (Reuters) - The Supreme Court struck down on Monday an Arizona law that provides additional public money to political candidates for state office who face big-spending opponents, ruling it violated free-speech rights. Full Story1 Top Hungary intellectuals ask Clinton to defend democracy Mon,27 Jun 2011 07:15 AM PDT Reuters - BUDAPEST (Reuters) - A group of Hungarian intellectuals have called on Secretary of State Hillary Clinton to speak out against what they called their country's "autocratic system" during her visit to Budapest this week. Full Story1 Top Analysis: Hugs, politics: Michelle Obama's savvy helps husband Mon,27 Jun 2011 05:01 AM PDT Reuters - WASHINGTON (Reuters) - She does not consider herself a "secret weapon," but Michelle Obama's trip to Africa showed the first lady has sharp political skills that White House aides can exploit to help re-elect her husband. Full Story1 Top New Yorkers celebrate marriage law at Gay Pride Parade Sun,26 Jun 2011 02:45 PM PDT Reuters - NEW YORK (Reuters) - Two days after the state legalized same-sex marriages, New York's annual Gay Pride Parade seemed more like a brash, colorful wedding procession on Sunday than an annual rally. Full Story1 Top Republican Romney to tap ex-pat wealth in London Sun,26 Jun 2011 12:14 PM PDT Reuters - BOSTON (Reuters) - Republican presidential hopeful Mitt Romney takes his fund-raising machine to London next month, holding a reception aimed at wealthy American expatriates working at banks and hedge funds. Full Story1 Top Bachmann's campaign tests Tea Party power limits Sun,26 Jun 2011 10:49 AM PDT Reuters - WASHINGTON (Reuters) - Conservative firebrand Michele Bachmann will test the limits of how far a favorite of the Tea Party movement can go when she formally launches her campaign for the 2012 Republican presidential nomination on Monday. Full Story1 Top Romney and Bachmann lead Iowa poll Sun,26 Jun 2011 08:35 AM PDT Reuters - DES MOINES, Iowa (Reuters) - Republican front-runner Mitt Romney and U.S. Representative Michele Bachmann led a closely watched presidential poll of Iowa Republicans, the state that holds the first contest in the nomination battle. Full Story1 Top Gingrich defends campaign strategy; criticizes gay marriage Sat,25 Jun 2011 01:58 PM PDT Reuters - INDIANOLA, Iowa (Reuters) - Republican presidential contender Newt Gingrich on Saturday said the adoption of same-sex marriage in New York showed the nation is "drifting toward a terrible muddle." Full Story1 Top Obama says committed to working to cut debt Sat,25 Jun 2011 03:05 AM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama said on Saturday he remained committed to working with Congress to find a solution to the government's debt problem, but the focus could not only be on spending cuts. Full Story1 Top Illinois governor signs election law favoring Democrats Fri,24 Jun 2011 04:41 PM PDT Reuters - CHICAGO (Reuters) - Illinois Democratic Governor Pat Quinn signed into law on Friday a new congressional district map that could reverse gains Republicans made in the state in 2010 midterm elections. Full Story1 Top Lawmakers send Obama message of discontent on Libya Fri,24 Jun 2011 04:39 PM PDT Reuters - WASHINGTON (Reuters) - A move to curb President Barack Obama's military intervention in Libya was defeated in the U.S. House of Representatives on Friday, despite having the support of leaders of the majority Republicans. Full Story1 Top Lawmakers harden positions on taxes, spending Fri,24 Jun 2011 04:38 PM PDT Reuters - WASHINGTON (Reuters) - Republicans and Democrats dug in their heels Friday as President Barack Obama prepared to wade into a divisive debate over taxes and spending aimed at heading off a default on the U.S. government's debt. Full Story1 Top Oil release not a political move: Geithner Fri,24 Jun 2011 03:52 PM PDT Reuters - HANOVER, New Hampshire (Reuters) - U.S. Treasury Secretary Timothy Geithner defended the decision by industrialized nations to release emergency oil reserves into global energy markets, saying on Friday that it was not a political move. Full Story1 Top Europe must do more on debt crisis: Geithner Fri,24 Jun 2011 02:58 PM PDT Reuters - WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Friday that Europe needs to step up efforts to deal with the debt crisis in Greece and other parts of the continent. Full Story1 Top Treasury's Geithner: Oil release not political move Fri,24 Jun 2011 02:12 PM PDT Reuters - WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Friday that the decision by the international community to release government oil reserves was not a political move. Full Story1 Top U.S., South Korea to keep pressure on Pyongyang Fri,24 Jun 2011 01:57 PM PDT Reuters - WASHINGTON (Reuters) - The United States and South Korea on Friday signaled they would not ease pressure on North Korea's government, saying Pyongyang must show it had changed its ways before resumption of stalled nuclear talks could take place. Full Story1 Top U.N. council voices "grave concern" about Yemen Fri,24 Jun 2011 01:46 PM PDT Reuters - UNITED NATIONS (Reuters) - The U.N. Security Council on Friday voiced its "grave concern" at the situation in Yemen, ending months of disagreement that had prevented the 15-nation body from speaking unanimously on the unrest there. Full Story1 Top Geithner says economic weakness mostly temporary Fri,24 Jun 2011 01:30 PM PDT Reuters - WASHINGTON (Reuters) - Around two-thirds of recent softness in the U.S. economy can be attributed to temporary factors such as higher energy costs and Japan's earthquake, Treasury Secretary Timothy Geithner told CNBC on Friday. Full Story1 Top

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