Yahoo! News: Elections

WH: Agenda on track despite worsening deficits (AP) Posted: 20 Mar 2009 03:27 PM PDT AP - President Barack Obama's budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush's presidency, congressional auditors said Friday.

Senate Republicans brake rush to tax AIG bonuses (AP) Posted: 20 Mar 2009 02:11 PM PDT AP - Senate Republicans are drawing out a flap that has made the Obama administration squirm, applying the brakes to Democratic attempts to quickly tax away most of the bonuses at troubled insurance giant AIG and other bailed-out companies.

Obama urges states to use recovery money carefully (AP) Posted: 20 Mar 2009 03:44 PM PDT AP - With states eager to spend, President Barack Obama announced guidelines Friday aimed at preventing waste and fraud and limiting the influence lobbyists will have in carrying out the $787 billion economic stimulus program.

Ground is broken for White House 'kitchen garden' (AP) Posted: 20 Mar 2009 01:09 PM PDT AP - Twenty-six elementary schoolchildren wielded shovels, rakes, pitchforks and wheelbarrows to help first lady Michelle Obama break ground for a produce and herb garden on the White House grounds.

Palin whacks Obama on Special Olympics (Politico) Posted: 20 Mar 2009 02:10 PM PDT Politico - Time differences tend to slow these things down, but here's Palin:

Post office offering early out, cutting managers (AP) Posted: 20 Mar 2009 02:52 PM PDT AP - Battered by the economy, the post office is offering early retirement to 150,000 workers, cutting management and closing offices, the agency said Friday.

Bernanke says exec compensation must be monitored (AP) Posted: 20 Mar 2009 01:49 PM PDT AP - Federal Reserve Chairman Ben Bernanke on Friday called for banking supervisors to pay "close attention" to compensation practices as they examine the soundness of financial institutions.

Obama reaches out to Iranians with video message (AP) Posted: 20 Mar 2009 11:02 AM PDT AP - President Barack Obama is reaching out to the Iranian people in a new video with Farsi subtitles, saying the U.S. is prepared to end years of strained relations if Tehran tones down its bellicose rhetoric.

Obama could make top high court lawyer a justice (AP) Posted: 20 Mar 2009 01:18 PM PDT AP - Elena Kagan on Friday became the nation's first female Solicitor General, a position informally regarded as the 10th Supreme Court justice and, for her, a possible audition for a spot in the starting nine.

Former AIG head denies he started exec bonuses (AP) Posted: 20 Mar 2009 08:37 AM PDT AP - Former AIG chief executive officer Hank Greenberg said the company under his leadership never had the kind of retention bonus system that has subjected it to withering criticism.

DNC raises only $3.2 million in February (AP) Posted: 20 Mar 2009 03:38 PM PDT AP - The Democratic National Committee raised $3.2 million in February, a strikingly low take for a financial juggernaut led by President Barack Obama and his legions of grass-roots supporters who helped him shatter campaign fundraising records.

How I botched the bonus story (Politico) Posted: 20 Mar 2009 03:13 PM PDT Politico - The Washington ritual of the boiling scandal, with howls of outrage and frantic demands for a high-ranking scalp, is now in full swing over $165 million in bonuses for employees at failed insurance giant AIG.

8 plead not guilty in Ky. election-rigging case (AP) Posted: 20 Mar 2009 03:07 PM PDT AP - An eastern Kentucky judge, school superintendent and county clerk have pleaded not guilty in federal court a day after being indicted on charges they bribed voters in a scheme to rig several elections.

Michelle Obama starts White House vegetable garden (Reuters) Posted: 20 Mar 2009 03:06 PM PDT Reuters - First Lady Michelle Obama broke ground on a new White House vegetable garden on Friday, digging a plot on the mansion's south lawn to help provide her children and visitors with fresh, healthy food.

Obama budget deficit seen at record 1.845 trillion dlrs (AFP) Posted: 20 Mar 2009 02:39 PM PDT AFP - The US budget deficit could hit 1.845 trillion dollars this year under the budget proposed by President Barack Obama, quadrupling the 2008 record shortfall, a new forecast showed Friday.

FACT CHECK: Obama's gas-mileage claim sputters (AP) Posted: 20 Mar 2009 02:20 PM PDT AP - What's more fuel-efficient, a Ford Model T or a modern-day sport utility vehicle? President Barack Obama says the Model T, but his comparison is a stretch.

NRA appeals ruling blocking guns in national parks (AP) Posted: 20 Mar 2009 02:12 PM PDT AP - The National Rifle Association has appealed a federal court ruling that blocked a Bush administration policy allowing people to carry concealed, loaded guns in national parks.

Official: US strategy will move soldiers out front (AP) Posted: 20 Mar 2009 01:43 PM PDT AP - The United States will change the way its forces are arrayed in Afghanistan as part of an overhaul of U.S. strategy in the flagging war, a senior defense official said Friday.

Obama offers new start with Iran (Reuters) Posted: 20 Mar 2009 01:22 PM PDT Reuters - U.S. President Barack Obama made his warmest offer yet of a fresh start in relations with Iran, which cautiously welcomed the overture but said on Friday it was waiting for "practical steps," not talk.

Who is the next AIG? (Politico) Posted: 20 Mar 2009 01:17 PM PDT Politico - If AIG’s bonus checks make you mad, keep your pitchfork handy. Here’s the secret behind the government’s bailouts: Any bank big enough to get billions in bailout cash is almost certainly giving out bonus checks too.

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