Yahoo! News: Elections

Obama seeks $634B over 10 years for health care (AP) Posted: 25 Feb 2009 06:17 PM PST AP - President Barack Obama is asking Congress to raise taxes on the wealthy and cut Medicare costs to provide health care for the uninsured while making the just-enacted $400 tax cut for most workers permanent. In his first budget blueprint, Obama proposes setting aside $634 billion over the next decade to expand government subsidized health coverage — a little more than half the money needed to ensure that every American gets medical care.

House OKs $410B spending, reverses Bush policies (AP) Posted: 25 Feb 2009 03:56 PM PST AP - The Democratic-controlled House pushed through a $410 billion measure Wednesday that boosted domestic programs, bristled with earmarks and chipped away at policies left behind by the Bush administration.

Roundup targets Mexican drug dealers along border (AP) Posted: 25 Feb 2009 06:09 PM PST AP - Federal agents have rounded up more than 750 suspects in a wide-ranging crackdown on Mexican drug cartels operating inside the United States.

Obamas welcome Stevie Wonder to White House (AP) Posted: 25 Feb 2009 04:58 PM PST AP - First lady Michelle Obama called musician Stevie Wonder "one of the world's greatest artists" Wednesday evening as the White House honored the musical icon.

Matthews explains 'Oh God'; DeLay disses (Politico) Posted: 25 Feb 2009 02:57 PM PST Politico - As expected, Chris Matthews explained last night's "Oh God" moment on "Hardball," mentioning his surprise at the set-up for Bobby Jindal's response in the Louisiana Governor's mansion.

Intel chief: Gitmo jail hurts more than it helps (AP) Posted: 25 Feb 2009 04:13 PM PST AP - The detention center at the U.S. naval base at Guantanamo Bay, Cuba, has to be closed because of the damage it has done to America's reputation and to its ability to achieve foreign policy goals, the top U.S. intelligence officer told a House panel on Wednesday.

After pullout some US forces still in combat (AP) Posted: 25 Feb 2009 03:52 PM PST AP - Some of the U.S. forces likely to remain in Iraq after President Barack Obama fulfills his pledge to withdraw combat troops would still have a combat role fighting suspected terrorists, the Pentagon said Wednesday.

Remaking America, several big dreams at a time (AP) Posted: 25 Feb 2009 03:01 PM PST AP - When times get tough, big ideas happen. "In a crisis," John F. Kennedy said, "be aware of the danger — but recognize the opportunity."

THE INFLUENCE GAME: Banks shift bankruptcy tactics (AP) Posted: 25 Feb 2009 03:34 PM PST AP - Big banks, scrambling to prevent the government from forcing them to rewrite mortgages for struggling homeowners, are using their lobbying clout to press the Obama administration and Congress to scale back a key measure to rescue borrowers from foreclosures.

Panetta: CIA to limit countries getting detainees (AP) Posted: 25 Feb 2009 04:37 PM PST AP - President Barack Obama may limit the countries to which the U.S. sends alleged terrorists to those with good human-rights records, and will be less inclined to hand prisoners over in general, to help make sure they are not tortured or abused, CIA Director Leon Panetta said Wednesday.

Republicans, Democrats criticize Jindal's speech (AP) Posted: 25 Feb 2009 06:14 PM PST AP - Insane. Childish. Disaster. And those were some of the kinder comments from political pundits about Louisiana Gov. Bobby Jindal and his response to President Barack Obama's speech to Congress on Tuesday night. Jindal, 37, a Rhodes scholar and son of Indian immigrants, is considered a rising star in Republican ranks and a likely 2012 presidential candidate.

Sources: Obama slashes money for Yucca (AP) Posted: 25 Feb 2009 06:01 PM PST AP - President Barack Obama is taking the first step toward moving away from building a nuclear waste dump at Yucca Mountain in Nevada by slashing money for the program in his first budget.

Black Caucus Wants Obama Involved in Census (CQPolitics.com) Posted: 25 Feb 2009 06:01 PM PST CQPolitics.com - Congressional Black Caucus members plan to press President Obama to keep the 2010 census under White House supervision even if Democrat Gary Locke is confirmed as Commerce secretary.

Obama ready to set out Iraq withdrawal plan (AFP) Posted: 25 Feb 2009 05:59 PM PST AFP - President Barack Obama is to announce his timeline for withdrawing US troops from Iraq on Friday, and is leaning towards a 19-month pullout rather than the 16-month target he backed when campaigning, officials said.

Budget: $2 trillion saved over 10 years (Politico) Posted: 25 Feb 2009 05:38 PM PST Politico - With its new budget due Thursday, the White House is promising $2 trillion in 10-year savings, with an estimated $635 billion held in reserve as a down payment toward President Barack Obama’s pledge of health care reform.

Obama budget has $634 billion health fund (Reuters) Posted: 25 Feb 2009 05:23 PM PST Reuters - President Barack Obama's budget outline for the 2010 fiscal year includes a 10-year, $634-billion reserve fund to help pay for his proposed healthcare reforms, a White House official said on Wednesday.

Obama to deliver address on Iraq Friday (Reuters) Posted: 25 Feb 2009 05:19 PM PST Reuters - President Barack Obama will deliver an address on Friday on "the way forward" in Iraq, officials said, in which he is widely expected to announce steps to begin pulling out U.S. combat troops from Iraq.

Obama urges quick action on Wall Street reform (Reuters) Posted: 25 Feb 2009 04:53 PM PST Reuters - President Barack Obama called on Wednesday for a sweeping overhaul of Wall Street regulations, saying big changes were needed to avoid a repeat of the financial meltdown.

MSNBC's Chris Matthews explains 'Oh God' remark (AP) Posted: 25 Feb 2009 04:44 PM PST AP - MSNBC's Chris Matthews said he was surprised by the "peculiar stagecraft" of Louisiana Gov. Bobby Jindal's response to President Barack Obama's speech to Congress, leading him to quietly say "Oh God" as Jindal approached a microphone.

Obama set to present budget to Congress (AFP) Posted: 25 Feb 2009 04:27 PM PST AFP - President Barack Obama will Thursday ask Congress for 634 billion dollars to fund healthcare reform in his 2010 budget which must reconcile a costly agenda with a vow to slash a gaping deficit.

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