Yahoo! News: Elections

Obama tells lawmakers troops to leave Iraq by 2010 (AP) Posted: 26 Feb 2009 05:35 PM PST AP - Congressional officials say President Barack Obama has told lawmakers he plans to pull troops out of Iraq by August 2010. His plan would leave behind 35,000 to 40,000 troops — possibly as many as 50,000 — to advise Iraqi troops and protect U.S. interests.

Obama budget: Mammoth deficits but headed lower (AP) Posted: 26 Feb 2009 04:47 PM PST AP - President Barack Obama charted a dramatic new course for the nation Thursday with a bold but contentious budget proposing higher taxes for the wealthy and the first steps toward guaranteed health care for all — accompanied by an astonishing $1.75 trillion federal deficit that would be nearly four times the highest in history.

Sources: Feds moving enemy combatant to Ill. court (AP) Posted: 26 Feb 2009 03:18 PM PST AP - An accused al-Qaida sleeper agent held for 5-1/2 years at a Navy brig in South Carolina will soon be sent to Illinois for trial in civilian court, a move the government has fought for years saying terror suspects caught in the U.S. could be held indefinitely without charges.

FACT CHECK: GOP adrift on small business claim (AP) Posted: 26 Feb 2009 03:14 PM PST AP - Claims that President Barack Obama's tax plans are an assault on small business skirt the likelihood that most job-producing small businesses wouldn't feel that pinch at all.

Obama pledge could hamper Dems (Politico) Posted: 26 Feb 2009 03:14 PM PST Politico - As if the economy wasn’t causing enough fundraising problems, Democrats may face another impediment: President Barack Obama’s campaign pledge not to accept money from lobbyists and political action committees.

Obama budget has new $750B bank rescue contingency (AP) Posted: 26 Feb 2009 03:05 PM PST AP - President Barack Obama is budgeting for a new $750 billion bank bailout this year, raising the prospect of a dramatic increase in the stake taxpayers already hold in the beleaguered financial sector.

Stevens: No White House oath needed for justices (AP) Posted: 26 Feb 2009 03:54 PM PST AP - Justice John Paul Stevens said Thursday Supreme Court justices shouldn't take their judicial oaths at the White House, calling it "inappropriate symbolism" for an independent branch of government.

AP: Mexico president wants to win drug war by 2012 (AP) Posted: 26 Feb 2009 05:51 PM PST AP - President Felipe Calderon said Thursday he wants to win the war against the world's most powerful drug gangs before his term ends in 2012, and disputed U.S. fears that Mexico is losing control of its territory.

Analysis: Obama plan brings cries of class warfare (AP) Posted: 26 Feb 2009 02:39 PM PST AP - He's not being timid, that's for sure.

Senate votes to give DC citizens vote in Congress (AP) Posted: 26 Feb 2009 04:39 PM PST AP - WASHINGTON(AP — The right to a vote in Congress denied the District of Columbia when it became the nation's capital two centuries ago would be granted under legislation the Senate passed Thursday.

Poll: Southern blacks have high hopes for country (McClatchy Newspapers) Posted: 26 Feb 2009 05:31 PM PST McClatchy Newspapers - COLUMBIA, S.C. — President Barack Obama will help America rid itself of racial prejudice, nearly 75 percent of African-American Southerners surveyed said, an indicator of the high hopes black America has invested in Obama's ability to improve race relations.

Obama budget plan forecasts soaring deficits (Reuters) Posted: 26 Feb 2009 05:24 PM PST Reuters - President Barack Obama forecast the biggest U.S. deficit since World War Two in a budget on Thursday that urges a costly overhaul of the healthcare system and would spend billions to arrest the economy's freefall.

Obama swings axe at private student lenders (Reuters) Posted: 26 Feb 2009 03:44 PM PST Reuters - The U.S. college student loan business was reeling on Thursday from an unexpected proposal in President Barack Obama's 2010 federal budget to axe the giant federally guaranteed student loan program.

Class warfare returns to Washington (Politico) Posted: 26 Feb 2009 03:34 PM PST Politico - President Barack Obama has spent months recasting Democratic goals on climate change and health care reform from liberal-leaning moral imperatives to hard-core economic necessities.

Under Obama plan, tax burden shifts to the wealthy (AP) Posted: 26 Feb 2009 03:27 PM PST AP - President Barack Obama's budget proposal would shift much of the tax burden from middle- and low-income families to the wealthy, while increasing taxes on many businesses.

Obama seeks $130 billion for wars next year (AP) Posted: 26 Feb 2009 03:20 PM PST AP - President Barack Obama proposed war spending Thursday that nears $11 billion a month for the next year and a half despite the planned drawdown of U.S. forces in Iraq.

Black caucus presses Obama on priorities (AP) Posted: 26 Feb 2009 03:20 PM PST AP - President Barack Obama reassured members of the Congressional Black Caucus that he's on their side and will do what he can to support the group's left-leaning agenda, lawmakers said Thursday after an hour-long session at the White House.

Budget buzz words: "new," "billion," "health" (AP) Posted: 26 Feb 2009 03:10 PM PST AP - Certain key words pop up repeatedly in President Barack Obama's initial budget proposal and they are telling: "new," "billion," "health," "increase," and "million." He used versions of those words more than one thousand times in just 134 pages.

Obama would spend more to make college affordable (AP) Posted: 26 Feb 2009 03:08 PM PST AP - President Obama on Thursday proposed a huge expansion of the government's role in making college more affordable and putting it within reach of more students.

Gates: Media photos of war dead need families' OK (AP) Posted: 26 Feb 2009 03:07 PM PST AP - The Obama administration is reversing an 18-year ban on news coverage of the return of war dead, allowing photographs of flag-covered caskets when families of the fallen troops agree, Defense Secretary Robert Gates said Thursday.

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