Entries

Senate Has Deal to End Ethanol Credit

The Associated Press reports : Two senators from ethanol-producing states are proposing to immediately end a tax credit for the corn-based fuel, agreeing to support shifting some of that money to debt reduction. Sens. Amy Klobuchar of Minnesota and John Thune of South Dakota, along with …

Written by FrumForum News on Thursday July 7, 2011

Dept. of Education Gets it Wrong on Rape Cases

Under new Department of Education regulations, people accused of rape on college campuses will have no rights to confront their accuser. It’s hard to sustain the common right-of-center critique that the Obama administration is bent on a weird Marxist/postcolonial/radical socialist agenda. I …

Written by Eli Lehrer on Thursday July 7, 2011

Pakistan Violence Kills 49

The Associated Press reports : Gunmen opened fire on two bus and waged street battles in Pakistan's largest city Thursday, killing at least 22 people as part of a spate of violence that has claimed 49 lives in three days, officials said. It was some of the worst strife so far this year in …

Written by FrumForum News on Thursday July 7, 2011

What to Watch in the Debt Negotiations

Here are the things to watch as the news about the debt negotiations comes out today. While we await the news from today’s debt ceiling negotiations between Republicans and Democratic leaders, news outlets are already leaking and reporting on the possible contours of a deal. But which …

Written by Noah Kristula-Green on Thursday July 7, 2011

No. 2 Pentagon Official Quits

The Associated Press reports : In a further shakeup of U.S. defense leaders, the Pentagon's second-ranking official has told The Associated Press that he intends to resign. Deputy Defense Secretary William J. Lynn said he agreed to remain in his post until the new Defense Secretary Leon …

Written by FrumForum News on Thursday July 7, 2011

2 U.S. Soldiers Killed in Baghdad

The Associated Press reports : The U.S. military says two American soldiers have been killed by a roadside bomb outside the main U.S. base in Baghdad. Two military officials said Thursday's bomb at a checkpoint outside Victory Base Camp used armor-piercing explosives known as EFPs. The …

Written by FrumForum News on Thursday July 7, 2011

Boehner: 50-50 Chance of Debt Deal in 48 Hours

National Journal reports : House Speaker John Boehner, R-Ohio, informed fellow House Republicans on Thursday that the chances of congressional leaders and President Obama reaching a tentative debt-ceiling deal within 48 hours are “maybe 50-50.” That prognosis from Boehner …

Written by FrumForum News on Thursday July 7, 2011

Boehner: Tax Reform On The Table In Debt Talks

Reuters reports : Comprehensive tax reform that would close breaks and lower rates for businesses and individuals is under discussion in budget talks, House of Representatives Speaker John Boehner said on Thursday. "We believe that comprehensive tax reform, both on the corporate side and …

Written by FrumForum News on Thursday July 7, 2011

Plouffe: Americans Won't Vote on Jobless Rate

The Hill reports : Americans won't cast their votes in the next presidential election based on the unemployment rate, President Obama's top political adviser said. "The average American does not view the economy through the prism of GDP or unemployment rates or even monthly jobs numbers," …

Written by FrumForum News on Thursday July 7, 2011

NATO Denies Aiding Libyan Rebels' Advance

The Associated Press reports : NATO denied a Libyan government charge Thursday that the alliance is intentionally using its airstrikes to assist rebel advances, saying it is sticking to its mandate to protect civilians. Wing Cmdr. Mike Bracken, an alliance spokesman in Naples, Italy, said …

Written by FrumForum News on Thursday July 7, 2011

Dems Pick Candidate To Run For Weiner's Seat

The New York Times reports : Queens Democratic leaders on Thursday named David I. Weprin , a 58-year-old state assemblyman, as their nominee in a Sept. 13 special election to replace former Representative Anthony D. Weiner , according to Democratic officials. The winner of the …

Written by FrumForum News on Thursday July 7, 2011

Data Points To Job Growth In June

The New York Times reports : New claims for unemployment benefits in the United States declined last week to their lowest level in nearly two months, according to a government survey on Thursday, while a separate report on jobs from the payroll processor ADP was better than economists …

Written by FrumForum News on Thursday July 7, 2011

UN Report Blasts Israel For Actions At Border

The New York Times reports : A new United Nations report strongly criticizes Israel for using live fire against unarmed demonstrators who tried in May to breach its border fence from Lebanon . Israel is planning a detailed and critical response to the report in a letter to the United …

Written by FrumForum News on Thursday July 7, 2011

DeMint, Snowe: Debt Deal Must Include Budget Amendment

Politico reports : No deal to raise the debt ceiling is complete without an amendment to the Constitution requiring a balanced federal budget to prevent Congress “from hijacking the promise of American prosperity, ” two Senate Republicans are arguing as a bipartisan group of congressional …

Written by FrumForum News on Thursday July 7, 2011

Bachmann's 1st TV Ads Air In Iowa

Politico reports : Michele Bachmann is going up in Iowa with the first television ad of her presidential campaign, a 30-second spot titled “Waterloo” that Bachmann’s team says will start running statewide today. The bio spot, produced by Strategy Group Media, features a direct-to-camer…

Written by FrumForum News on Thursday July 7, 2011

China Warns U.S. Not To Meet With Dalai Lama

Reuters reports : China's Foreign Ministry warned U.S. officials on Thursday not to meet with visiting exiled spiritual leader the Dalai Lama, saying it hoped Washington "appropriately dealt" with Tibet-related issues. China reviles the Nobel Peace Prize-winning Dalai Lama, saying he …

Written by FrumForum News on Thursday July 7, 2011

Banks Discuss Buying Back Greek Debt

Reuters reports : International banks, under pressure from European governments to help with another Greek bailout, discussed buying back the country's bonds in another attempt to stitch together a rescue plan after a French initiative failed. European Central Bank and Greek government …

Written by FrumForum News on Thursday July 7, 2011

White House Warns Of Dire Default Consequences

The New York Times reports : As the high-wire negotiations with the Congressional leadership resume Thursday over raising the nation’s debt ceiling , one message from President Obama and his top aides has remained consistent: The consequences of default would be very, very scary. …

Written by FrumForum News on Thursday July 7, 2011

Treasury secretly weighs options to avert default

Reuters reports : A small team of Treasury officials is discussing options to stave off default if Congress fails to raise the country's borrowing limit by an August 2 deadline, sources familiar with the matter said on Wednesday. Senior officials, including Treasury Secretary Timothy …

Written by FrumForum News on Thursday July 7, 2011

Obama Seeking Wider Debt Deal

The New York Times reports : Heading into a crucial negotiating session on a budget deal on Thursday, President Obama has raised his sights and wants to strike a far-reaching agreement on cutting the federal deficit as Speaker John A. Boehner has signaled new willingness to bargain on …

Written by FrumForum News on Thursday July 7, 2011