Thursday, September 1, 2011

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

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Thursday, September 1, 2011 12:07 AM PDT
Today's Politics - Bloomberg News Headlines - Yahoo! News:
Exclusive: Obama moves to sell Northrop drones to South Korea
Wed,31 Aug 2011 08:24 PM PDT
Reuters - WASHINGTON (Reuters) - The Obama administration has begun consulting Congress on plans to sell remotely piloted Global Hawk surveillance planes to South Korea, which came close to all-out war with North Korea last year, two people familiar with the matter said. Full Story
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Obama to address Congress on September 8
Wed,31 Aug 2011 08:19 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama on Wednesday agreed to unveil new jobs proposals in an address to Congress on September 8, bowing to pressure from Republicans, who objected to the original date set for his high-profile speech.


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Law professor Liu confirmed for California high court
Wed,31 Aug 2011 08:08 PM PDT
Reuters - SAN FRANCISCO (Reuters) - Goodwin Liu, a University of California law professor whose confirmation to a federal appeals court was blocked in the U.S. Senate, was confirmed on Wednesday to serve as a justice on California's top court. Full Story
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Pennsylvania capital rejects debt recovery plan
Wed,31 Aug 2011 06:57 PM PDT
Reuters - HARRISBURG, Pennsylvania (Reuters) - Pennsylvania's capital of Harrisburg rejected a rescue plan designed to address its debt crisis on Wednesday, in a move that could prompt a state takeover of its finances. Full Story
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Obama shifts date of jobs address to September 8
Wed,31 Aug 2011 06:31 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama will address a joint session of Congress on September 8 instead of September 7 to unveil proposals to create new jobs, bowing to objections from Republicans, the White House said on Wednesday.


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Exclusive: Condoleezza Rice fires back at Cheney memoir
Wed,31 Aug 2011 04:09 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Former Secretary of State Condoleezza Rice said on Wednesday she resented what she viewed as an attack on her integrity by former Vice President Dick Cheney in his just-published memoir.


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Factbox: Unpopular Congress returns next week
Wed,31 Aug 2011 03:36 PM PDT
Reuters - (Reuters) - A highly unpopular U.S. Congress returns to work from a month-long recess next week facing a crush of challenges -- from creating jobs to expanding U.S. trade to finding another $1.2 trillion or so in spending cuts. Full Story
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White House to release budget review Thursday
Wed,31 Aug 2011 03:13 PM PDT
Reuters -

photoWASHINGTON (Reuters) - The White House will release its delayed midsession budget review Thursday, updating projections for the economy ahead of a congressional review to lower the deficit by $1.5 trillion over 10 years.


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Pentagon criticized for lax contractor oversight
Wed,31 Aug 2011 02:03 PM PDT
Reuters - WASHINGTON (Reuters) - Ineffective Pentagon oversight of private contractors in Iraq and Afghanistan has wasted up to $60 billion over the past decade, a "troubling" failure that undermines U.S. security and cannot continue in an era of tight budgets, a special panel reported on Wednesday. Full Story
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Boehner urges Obama to delay jobs speech
Wed,31 Aug 2011 01:59 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Top congressional Republican John Boehner on Wednesday urged President Barack Obama to delay a planned jobs speech to a joint session of Congress by a day in order to avoid "impediments."


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Mitt Romney comes out of 2012 shell
Wed,31 Aug 2011 01:56 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Republican presidential hopeful Mitt Romney, under rising pressure from rival Rick Perry, has been forced to drop his play-it-safe campaign strategy and launch a more direct appeal for support from Tea Party conservatives.


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Global partners monitor U.S. F-35 program: Lockheed
Wed,31 Aug 2011 01:53 PM PDT
Reuters - ATLANTA (Reuters) - Lockheed Martin Corp's F-35 fighter jet has firm support from its international partners, but they are keeping a close eye on changes the government might make to the program, a company executive said on Wednesday. Full Story
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Labor group wants Obama to go big on jobs plan
Wed,31 Aug 2011 01:05 PM PDT
Reuters - WASHINGTON (Reuters) - The leader of the largest labor group called on President Barack Obama on Wednesday to offer an ambitious jobs program and said unions would be judging his plan as they decide where to throw their support as he runs for re-election in 2012. Full Story
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Obama pushes transport bills, says jobs at stake
Wed,31 Aug 2011 11:18 AM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama urged Congress Wednesday to quickly pass multibillion-dollar temporary funding bills for aviation and highway projects, saying inaction would needlessly cost jobs.


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Nebraska governor asks Obama to nix Keystone pipeline
Wed,31 Aug 2011 10:58 AM PDT
Reuters -

photoWASHINGTON (Reuters) - Nebraska's governor urged U.S. President Barack Obama on Wednesday to block TransCanada's planned Keystone oil pipeline from Alberta to the Gulf Coast, saying it could hurt a regional water source.


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U.S. and Iraq talking but no F-16 deal yet
Wed,31 Aug 2011 09:56 AM PDT
Reuters -

photoBAGHDAD (Reuters) - Washington and Baghdad have made significant progress on a deal for Iraq to buy Lockheed Martin F-16 warplanes but do not have a signed contract, a U.S. military official said on Wednesday.


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Obama says Congress must pass transport bills
Wed,31 Aug 2011 08:09 AM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama, seeking to preserve jobs in a tough economy, urged Congress on Wednesday to not hold up temporary funding measures for aviation and highway spending.


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Deficit panel names Republican staff chief
Wed,31 Aug 2011 07:48 AM 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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White House could unveil mortgage plan next week
Wed,31 Aug 2011 06:42 AM PDT
Reuters -

photoWASHINGTON (Reuters) - The Obama administration is considering unveiling new plans next week to revive the ailing housing market and reduce foreclosures, including an effort to help troubled borrowers refinance their mortgages.


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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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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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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 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 -

photoMADISON, 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.


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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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