Timeline: Debt debate
Thu,21 Jul 2011 10:03 PM PDT
Reuters - (Reuters) - White House and congressional negotiators are racing against the clock to forge a deficit reduction deal that would clear the way for Congress to raise the $14.3 trillion U.S. debt ceiling by August 2 and avert an unprecedented default. Full Story |
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Pentagon and its supporters brace for deeper cuts
Thu,21 Jul 2011 10:01 PM PDT
Reuters - WASHINGTON (Reuters) - The Pentagon and its supporters are bracing for the likelihood of much deeper reductions in the U.S. military's budget, as budget negotiators now eye defense cuts of $800 billion or more over the next decade. Full Story |
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House passes bill aimed at new consumer agency
Thu,21 Jul 2011 06:44 PM PDT
Reuters - WASHINGTON (Reuters) - Republicans in the House of Representatives marked the anniversary of the 2010 financial oversight law on Thursday by passing legislation aimed at scaling back the powers of the new Consumer Financial Protection Bureau. Full Story |
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USTR says deal needed before sending trade pacts
Thu,21 Jul 2011 04:54 PM PDT
Reuters - WASHINGTON (Reuters) - President Barack Obama's administration on Thursday fended off Republican demands that it send three long-delayed free trade pacts to Congress for approval, saying it first needed more assurance that a retraining program for displaced workers will be extended. Full Story |
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White House insists debt deal to include revenues
Thu,21 Jul 2011 12:39 PM PDT
Reuters - WASHINGTON (Reuters) - The White House stressed on Thursday that President Barack Obama is seeking a deficit-cutting agreement that includes some added revenues alongside spending curbs in order to raise the debt ceiling. Full Story |
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 WASHINGTON (Reuters) - Republican presidential contender Jon Huntsman's campaign manager resigned Thursday in a blow to an election effort that has failed to catch fire. |
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Factbox: Texas Governor Rick Perry
Thu,21 Jul 2011 10:48 AM PDT
Reuters - (Reuters) - Texas Governor Rick Perry appears likely to make a 2012 Republican presidential run, and his candidacy could dramatically shake up the field. Full Story |
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 WASHINGTON (Reuters) - The likely entrance of Texas Governor Rick Perry in the 2012 Republican White House race promises to dramatically reshape the field, pushing aside lesser contenders and threatening early leader Mitt Romney. |
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White House sees momentum on debt deal, but "not close"
Thu,21 Jul 2011 10:37 AM PDT
Reuters - WASHINGTON (Reuters) - The White House said on Thursday it saw momentum for a "balanced" deficit deal, but it denied reports that President Barack Obama and Republican House of Representatives speaker John Boehner were close to a pact. Full Story |
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Snapshot: Developments in U.S. debt talks
Thu,21 Jul 2011 09:55 AM PDT
Reuters - WASHINGTON (Reuters) - Here is what's happening on Thursday in negotiations to raise the U.S. government's $14.3 trillion debt limit by August 2 and avoid a U.S. credit default: Full Story |
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 WASHINGTON (Reuters) - New York Federal Reserve Bank President William Dudley received a waiver allowing him to keep investments in firms the Fed was rescuing at the height of the financial crisis when he was a top staffer, a congressional watchdog agency found. |
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Republican enforcer of "no tax" pledge signals leeway
Thu,21 Jul 2011 08:12 AM PDT
Reuters - WASHINGTON (Reuters) - An influential conservative activist who has pushed Republican lawmakers to reject tax increases signaled some leeway on the issue Thursday, which a leading Democrat said may help lawmakers reach a deal to reduce the deficit and raise the U.S. debt limit. Full Story |
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CFTC should follow Congress on Dodd-Frank: Wetjen
Thu,21 Jul 2011 06:49 AM PDT
Reuters - WASHINGTON (Reuters) - Mark Wetjen, selected as a commissioner at the U.S. futures regulator, said the agency should follow the intent of Congress when writing nearly 50 rules to implement the sweeping Dodd-Frank legislation. Full Story |
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 LOS ANGELES (Reuters) - Republican presidential candidate Mitt Romney took aim at President Barack Obama's economic leadership on Wednesday, saying the Democrat's policies were hurting, not helping, the U.S. economy. |
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 WASHINGTON (Reuters) - President Barack Obama said on Wednesday that the deciding factor for voters next year in his re-election campaign will be their verdict on his track record, not the Republican running against him. |
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 WASHINGTON (Reuters) - A poll released on Wednesday carried warning signs for President Barack Obama's re-election chances in 2012. |
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 WASHINGTON (Reuters) - Republican presidential candidate Michele Bachmann sought on Wednesday to reassure voters that her migraines are not debilitating, releasing a doctor's statement that said she is able to manage them. |
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Senator Kohl says AT&T deal should be blocked
Wed,20 Jul 2011 02:28 PM PDT
Reuters - WASHINGTON (Reuters) - Senator Herb Kohl, chairman of the U.S. Senate's antitrust subcommittee, urged the federal government to block AT&T's $39 billion plan to buy T-Mobile USA, a unit of Deutsche Telekom. Full Story |
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 WASHINGTON (Reuters) - President Barack Obama bucked decades-old electoral trends to win the White House in 2008, taking nine states that had supported Republican George W. Bush four years earlier. |
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 (Reuters) - The White House and a number of congressional leaders are seeking to put elements of a new bipartisan deficit-cutting plan into what may be a last-ditch bid to avert a debt default. |
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Snapshot: Developments in debt talks
Wed,20 Jul 2011 12:27 PM PDT
Reuters - WASHINGTON (Reuters) - Here is the status on Wednesday in negotiations to raise the government's $14.3 trillion debt limit by August 2 and avoid a credit default. Full Story |
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Obama to meet House Republican leaders Wednesday: White House
Wed,20 Jul 2011 11:37 AM PDT
Reuters - WASHINGTON (Reuters) - President Barack Obama will meet with Republican House of Representatives leader John Boehner and House Republican number two Eric Cantor at 5 p.m. (2100 GMT) on Wednesday to discuss the ongoing deficit talks, the White House said. Full Story |
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 CHENNAI, India (Reuters) - Secretary of State Hillary Clinton pushed one of her simplest but potentially most transformative diplomatic priorities in India on Wednesday: clean cooking stoves. |
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 WASHINGTON (Reuters) - If Texas Governor Rick Perry jumps into the Republican presidential contest, the crowded field will get a formidable fundraiser competing for millions of dollars up for grabs from on-the-fence donors. |
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 CHENNAI, India (Reuters) - Secretary of State Hillary Clinton told India on Wednesday "it's time to lead", urging the government to do more to integrate economically with neighbors Afghanistan and Pakistan and take a more assertive role across the Asia-Pacific. |
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U.S. trade deals could be delayed past August: Daley
Tue,19 Jul 2011 06:21 PM PDT
Reuters - WASHINGTON (Reuters) - President Barack Obama will soon send free-trade pacts with Colombia, South Korea and Panama to Congress for votes, White House Chief of Staff Bill Daley said on Tuesday, but doubts are building on its passage. Full Story |
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NEW DELHI (Reuters) - Secretary of State Hillary Clinton urged India on Tuesday to amend a law that has put off U.S. companies from taking part in the $150 billion nuclear energy market and further open up Asia's third largest economy to foreign investment. |
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 WASHINGTON (Reuters) - For the first time in a long, bitter fight over budget deficits and raising the U.S. debt limit, Democrats and Republicans have found a big idea they both might like: a "Gang of Six" proposal that unexpectedly burst onto the scene on Tuesday. |
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Factbox: Details of Senate group's deficit-cut plan
Tue,19 Jul 2011 01:47 PM PDT
Reuters - (Reuters) - A bipartisan group of U.S. senators on Tuesday offered an ambitious deficit reduction plan that could help break an impasse over spending cuts and tax increases and advance efforts to raise the U.S. credit limit by August 2. Full Story |
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 AUSTIN, Texas (Reuters) - Former Louisiana Governor Buddy Roemer will formally announce his candidacy for president on Thursday in New Hampshire, campaign aides told Reuters on Tuesday. |
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WASHINGTON (Reuters) - Republican presidential hopeful Michele Bachmann said Tuesday she suffers from migraines and controls them with prescription medication but denied a report the headaches leave her incapacitated. |
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Factbox: McConnell-Reid backup plan on debt limit
Tue,19 Jul 2011 12:58 PM PDT
Reuters - (Reuters) - A bipartisan fallback plan is emerging to avert an unprecedented U.S. debt default -- if Congress and the White House fail to reach a comprehensive deal to raise the U.S. borrowing limit by an August 2 deadline. Full Story |
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Factbox: Key dates in 2012 presidential race
Tue,19 Jul 2011 12:32 PM PDT
Reuters - (Reuters) - The first contests on the road to the 2012 Republican presidential nomination are scheduled to take place next February, but there is a series of important events on the political calendar before then. Full Story |
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