Posted Today: Friday, September 03, 2010

Geithner Defends Letting Tax Cuts for Wealthy Expire, Cites Deficit

Focus: POLITICAL POLICY | July 25, 2010
Geithner Defends Letting Tax Cuts for Wealthy Expire, Cites Deficit

Treasury Secretary Timothy Geithner on Sunday disputed claims that allowing a portion of the Bush tax cuts to expire will choke economic growth, saying the government needs to do the "responsible" thing and show the world it is capable of tackling the deficit.


Obama, GOP spar over how to revive ailing economy

Focus: REPUBLICAN NEWS | July 24, 2010

President Barack Obama derided an economic plan from the top House Republican as repeating job-killing policies of the past that help drive the country into recession.


House Democratic leader issues party's election battle cry

Focus: DEMOCRAT NEWS | July 23, 2010

House Majority Leader Steny Hoyer , D- Md. , plans to detail Friday what's expected to be his party's rallying cry in this year's congressional elections: Republicans can't be trusted, and remember the economic horrors of the Bush administration.


No new recession, let tax cuts die: Geithner

Focus: POLITICAL HEADLINES | July 25, 2010

The economy is not likely to slip back into recession but letting tax cuts for the wealthiest Americans expire is necessary to show commitment to cutting budget deficits, Treasury Secretary Timothy Geithner said on Sunday.


Checks are coming: Obama signs unemployment bill

Focus: DOMESTIC POLICY UPDATES | July 23, 2010

Federal checks could begin flowing again as early as next week to millions of jobless people who lost up to seven weeks of unemployment benefits in a congressional standoff.


U.S. seeks to ease India's Afghan fears, backs Pakistan

Focus: WAR AND CONFLICTS | July 22, 2010

India has a legitimate role to play in stabilizing Afghanistan but peace can not be brought to the region without help from its nuclear-armed rival Pakistan, U.S. envoy Richard Holbrooke said on Thursday.


Obama signs broad reform of financial regulation into law

Focus: POLITICAL POLICY | July 21, 2010

President Barack Obama signed into law Wednesday an overhaul of banking and Wall Street regulations that he says will end many of the practices that sent the U.S. economy into the worst recession since the 1930s.


Obama challenges Arizona immigration law in court

Focus: PRESIDENTIAL COVERAGE | July 22, 2010

President Barack Obama's administration heads to court on Thursday in a showdown over whether Arizona's crackdown on illegal immigrants encroaches on federal authority over immigration policy and enforcement.


Additional jobless benefits hinge on House vote

Focus: UNITED STATES POLITICS | July 22, 2010

A House vote Thursday is expected to send President Barack Obama a long-sought measure to resume unemployment payments to millions of people whose benefits have lapsed.


US to resume ties to Indonesia's special forces

Focus: WORLD POLITICS | July 22, 2010

The United States announced Thursday it will resume cooperation with Indonesia's special forces after ties were severed more than a decade ago over human rights abuses allegedly committed by the commando unit.


North Korea says U.S. drills pose danger to region

Focus: FOREIGN POLICY UPDATES | July 22, 2010
North Korea says U.S. drills pose danger to region

North Korea on Thursday denounced planned U.S.-South Korean military drills as a grave danger to the region and criticized new U.S. sanctions as "hostile," urging Washington to focus instead on restarting nuclear weapons talks.


Nepal election stalemate a setback for Maoists

Focus: ELECTIONS AND VOTING | July 21, 2010
Nepal election stalemate a setback for Maoists

Nepal's failure to elect a prime minister Wednesday exposed deep divides in the political landscape and made clear that the road ahead for the country’s peace process could still be bumpy.


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