Wednesday, August 31, 2011

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

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Wednesday, August 31, 2011 12:08 AM PDT
Today's Politics - Bloomberg News Headlines - Yahoo! News:
Obama to urge approval of stop-gap air, road bills
Tue,30 Aug 2011 08:26 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama will urge Congress on Wednesday to approve stop-gap aviation and transportation infrastructure legislation to temporarily maintain funding for airport and road construction projects and preserve jobs in a tough economy.


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Japan's Noda: Held call with Geithner, no talk of FX
Tue,30 Aug 2011 07:38 PM PDT
Reuters -

photoTOKYO (Reuters) - Japan's new prime minister, Yoshihiko Noda, said on Wednesday he held a courtesy phone call with Treasury Secretary Timothy Geithner, but they did not discuss foreign exchange rate movements or other policy issues.


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Factbox: Obama weighs mix of ideas for jobs plan
Tue,30 Aug 2011 07:20 PM PDT
Reuters - (Reuters) - U.S. President Barack Obama, facing sliding approval ratings amid fears the economy could fall back into recession, is crafting a jobs package he will unveil next week. Full Story
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Obama: could add 1 million new jobs
Tue,30 Aug 2011 07:20 PM PDT
Reuters - WASHINGTON (Reuters) - President Barack Obama said on Tuesday there were a range of policy options available that could create up to a million new U.S. jobs, in remarks ahead of a major economic speech that he will deliver next week. Full Story
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Obama: could add 1 million new jobs
Tue,30 Aug 2011 03:52 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama said on Tuesday there were a range of policy options available that could create up to a million new U.S. jobs, in remarks ahead of a major economic speech that he will deliver next week.


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Deficit panel names Republican as staff director
Tue,30 Aug 2011 03:48 PM PDT
Reuters - WASHINGTON (Reuters) - A high-level Republican aide on the Senate Finance Committee was named on Tuesday to the top staff position on the new congressional panel charged with finding at least $1.2 trillion in government savings over the next decade. Full Story
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Analysis: Obama urged to lay out bold approach on jobs
Tue,30 Aug 2011 03:47 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Democratic allies to President Barack Obama are rallying around a mantra that they say should guide his strategy on job creation: "Go bold."


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Factbox: Obama weighs mix of ideas for jobs plan
Tue,30 Aug 2011 03:16 PM PDT
Reuters - (Reuters) - U.S. President Barack Obama, facing sliding approval ratings amid fears the economy could fall back into recession, is crafting a jobs package he will unveil next week. Full Story
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Lawmaker links U.N. funding to Palestinian issue
Tue,30 Aug 2011 02:50 PM PDT
Reuters -

photoWASHINGTON (Reuters) - A senior Republican lawmaker announced on Tuesday she was seeking to cut off U.S. funds to any United Nations organization that embraces an upgrade to the Palestinians' diplomatic status this autumn.


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Key Republican in Wisconsin union fight to run for Senate
Tue,30 Aug 2011 02:38 PM PDT
Reuters - MADISON, Wis (Reuters) - Wisconsin Assembly Speaker Jeff Fitzgerald, a key Republican leader in the state's battle earlier this year over the union rights of public workers, plans to run for the Senate being vacated in 2012 by retiring Democrat Herb Kohl, his office said on Tuesday. Full Story
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Obama: could add one million U.S. jobs -interview
Tue,30 Aug 2011 02:17 PM PDT
Reuters - WASHINGTON (Reuters) - President Barack Obama said on Tuesday he will lay out proposals in a speech next week to lift growth and hiring that could add up to one million new U.S. jobs. Full Story
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U.S. vote in 2012 will be record, $6 billion election
Tue,30 Aug 2011 09:59 AM PDT
Reuters - WASHINGTON (Reuters) - Forget the struggling economy. There's one U.S. industry -- Big Politics -- that is looking ahead to a record year in 2012. Full Story
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Most American Muslims are satisfied Obama backers
Mon,29 Aug 2011 09:13 PM PDT
Reuters - CHICAGO (Reuters) - A majority of U.S. Muslims are content with the nation's direction in contrast to many Americans and few Muslims believe there is support for Islamic extremism here, a survey released on Tuesday found. Full Story
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California lawmakers save scandal-plagued city
Mon,29 Aug 2011 04:48 PM PDT
Reuters - SAN FRANCISCO (Reuters) - California lawmakers rejected a bill on Monday that would have disincorporated Vernon, a small city near Los Angeles where excessive salaries of some officials attracted the attention of investigators. Full Story
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Obama picks labor expert Krueger as top economist
Mon,29 Aug 2011 04:06 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama, under pressure to spur job growth, said on Monday he had chosen Princeton labor economist Alan Krueger to become the top White House economist and that he will offer a jobs plan next week.


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Factbox: Obama picks labor economist as top aide
Mon,29 Aug 2011 03:46 PM PDT
Reuters - WASHINGTON (Reuters) - President Barack Obama on Monday named Princeton professor Alan Krueger as chairman of the White House Council of Economic Advisers, replacing Austan Goolsbee who has returned to teaching. Full Story
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Debt super committee vexes even lobbyists
Mon,29 Aug 2011 02:45 PM PDT
Reuters - WASHINGTON (Reuters) - Thousands of Washington lobbyists are scrambling to influence the work of a congressional "super committee" given the job of identifying up to $1.5 trillion in deficit reductions, with many worried about how to gain access to its 12 members. Full Story
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Pentagon defends efforts to fight waste
Mon,29 Aug 2011 02:31 PM PDT
Reuters - WASHINGTON (Reuters) - The Pentagon on Monday defended its efforts to eliminate wasteful wartime spending in Iraq and Afghanistan, as two new reports accused it of squandering tens of billions of dollars while tripling the amount of no-bid contracts. Full Story
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Irene smacks states amid tighter disaster budgets
Mon,29 Aug 2011 02:28 PM PDT
Reuters - WASHINGTON (Reuters) - U.S. state and local governments may have to pay for some of the billions of dollars in costs from Hurricane Irene after slashing disaster spending in recent years to shore up bleeding budgets. Full Story
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Q+A: Can the "super committee" get a budget deal?
Mon,29 Aug 2011 01:29 PM PDT
Reuters - WASHINGTON (Reuters) - Congress may have averted default through a last-minute budget deal that will enable the government to extend its borrowing authority, but much of the hard work remains. Full Story
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Candidate Bachmann brushes off hurricane joke
Mon,29 Aug 2011 01:19 PM PDT
Reuters -

photoMIAMI (Reuters) - Republican White House hopeful Michele Bachmann insisted on Monday she was joking when she said a hurricane and quake were God's warning to Washington, in an effort to control the damage from her latest controversial comments.


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U.S. sees economy, assets as Libya's priorities now
Mon,29 Aug 2011 01:12 PM PDT
Reuters - WASHINGTON (Reuters) - Libya's rebel leaders should look to retrieve frozen assets and revive the country's oil industry to finance its reconstruction rather than rely on aid from abroad, the State Department said on Monday. Full Story
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White House: midsession budget review out this week
Mon,29 Aug 2011 01:11 PM PDT
Reuters - WASHINGTON (Reuters) - The White House said on Monday that its midsession review of President Barack Obama's fiscal 2012 budget proposal would be released later this week, but an exact date had not yet been set. Full Story
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Republicans take aim at regulations, taxes
Mon,29 Aug 2011 12:34 PM PDT
Reuters - WASHINGTON (Reuters) - Republicans in the House of Representatives want to create jobs by killing regulations on companies and passing tax breaks for small business and government contractors, Majority Leader Eric Cantor said on Monday. Full Story
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Perry stresses preparedness, aiming to win in speech to veterans
Mon,29 Aug 2011 09:20 AM PDT
Reuters - SAN ANTONIO (Reuters) - Texas Governor Rick Perry told veterans on Monday that the United States should "renew our commitment to taking the fight to the enemy before they strike at home" as the nation approaches the 10th anniversary of the September 11 attacks. Full Story
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Obama says will unveil jobs plan next week
Mon,29 Aug 2011 08:41 AM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama said Monday he would unveil proposals next week aimed at spurring job growth in part through infrastructure improvements.


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Federal government open Monday after hurricane
Sun,28 Aug 2011 05:11 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Federal agencies in the Washington area will be open on Monday following a brush with Hurricane Irene over the weekend, the Office of Personnel Management said on Sunday.


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Obama warns Hurricane Irene flooding could worsen
Sun,28 Aug 2011 02:19 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama on Sunday warned that flooding from Hurricane Irene could worsen as rivers flood their banks and said federal recovery efforts would last a few weeks.


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Colin Powell says Cheney book takes "cheap shots"
Sun,28 Aug 2011 12:32 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Former U.S. Vice President Dick Cheney's new book levels "cheap shots" at colleagues and mischaracterizes events, ex-Secretary of State Colin Powell said on Sunday.


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Obama meets with advisers for update on Irene
Sun,28 Aug 2011 09:43 AM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama held a video conference on Sunday with key officials involved in the response to Hurricane Irene as the storm pounded New York City with winds and heavy rain.


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Irene's worst over for much of East Coast: Napolitano
Sun,28 Aug 2011 09:09 AM PDT
Reuters -

photoWASHINGTON (Reuters) - Homeland Security Secretary Janet Napolitano said on Sunday that the worst of Hurricane Irene had passed for much of the East Coast including New York and New Jersey.


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Tea Party Express launches bus tour from California
Sat,27 Aug 2011 06:11 PM PDT
Reuters -

photoNAPA, California (Reuters) - With the Republican campaign for the White House taking shape, hundreds of Tea Party activists kicked off a national bus tour on Saturday, aiming to rally their base and new recruits to the conservative political cause.


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Obama speaks with top aides on Hurricane Irene
Sat,27 Aug 2011 04:48 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama held a conference call on Saturday evening as Hurricane Irene pounded the U.S. East Coast and scoured north toward New York.


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Rick Perry pledges to support traditional marriage
Fri,26 Aug 2011 04:33 PM PDT
Reuters -

photoSAN ANTONIO (Reuters) -- Texas Governor and Republican presidential contender Rick Perry has signed a pledge vowing to support a Constitutional amendment declaring marriage to be a union of one man and one woman, the group sponsoring the pledge said on Friday.


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Boehner asks Obama to disclose costly regulations
Fri,26 Aug 2011 03:36 PM PDT
Reuters -

photoWASHINGTON (Reuters) - With a battle looming over U.S. regulations on businesses, the top Republican in Congress asked President Barack Obama on Friday to identify all proposed rules with a projected economic impact of at least $1 billion.


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Obama, IMF chief agree on need to boost growth
Fri,26 Aug 2011 01:27 PM PDT
Reuters - VINEYARD HAVEN, Massachusetts (Reuters) - President Barack Obama and International Monetary Fund chief Christine Lagarde both feel the world economy needs further steps to boost growth in the short term, the White House said on Friday. Full Story
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Biden: U.S. needs more stimulus, business mad at S&P
Fri,26 Aug 2011 12:14 PM PDT
Reuters -

photoON BOARD AIR FORCE TWO (Reuters) - Vice President Joe Biden said on Friday the U.S. economy needed more stimulus, putting in a plug for government intervention shortly before the White House unveils new proposals to boost job growth.


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Obama to end vacation early ahead of hurricane
Fri,26 Aug 2011 11:09 AM PDT
Reuters -

photoVINEYARD HAVEN, Massachusetts (Reuters) - President Barack Obama will cut short his vacation and head back to the White House on Friday, before Hurricane Irene hits the U.S. East Coast, the White House said.


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Obama to end vacation early ahead of Hurricane Irene
Fri,26 Aug 2011 10:08 AM PDT
Reuters - VINEYARD HAVEN, Massachusetts (Reuters) - The White House said that President Barack Obama would depart from his vacation here Friday evening, one day earlier than planned, and return to Washington. Full Story
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Romney says would not put limits on emissions
Fri,26 Aug 2011 08:59 AM PDT
Reuters -

photoLEBANON, New Hampshire (Reuters) - Presidential candidate Mitt Romney, in danger of losing his 2012 Republican primary front-runner status, on Wednesday he would not place restrictions on carbon emissions if elected.


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