Yahoo! News: Elections

Obamas report $2.7 million in income for 2008 (AP) Posted: 15 Apr 2009 04:58 PM PDT AP - President Barack Obama and his wife, Michelle, millionaires from his best-selling books, made $2.7 million last year and paid just under one-third of their adjusted income in federal taxes. While the income, mostly his, was far more than the U.S. median household income of about $50,000, it was quite a decrease from the $4.2 million the Obamas made in 2007.

Holder: Law not always followed in terror fight (AP) Posted: 15 Apr 2009 04:57 PM PDT AP - Attorney General Eric Holder told a military academy audience Wednesday that some people who were engaged in the battle against terrorism did not remain faithful to the law.

Obama eager to portray US as partner for Americas (AP) Posted: 15 Apr 2009 03:51 PM PDT AP - Add this tough chore to Barack Obama's journey to Latin America: convincing leaders from half the globe that the behemoth power to the north is a humble, eager partner.

Ex-Bush official says waterboarding is torture (AP) Posted: 15 Apr 2009 05:16 PM PDT AP - A former No. 2 State Department official in the Bush administration says he hopes he would have had the courage to resign if he had known the CIA was subjecting terrorism suspects to waterboarding, an interrogation technique that simulates drowning.

Rick Perry: Tea party darling (Politico) Posted: 15 Apr 2009 04:33 PM PDT Politico - Gov. Rick Perry’s (R-Texas) star is rising among a new constituency — the anti-tax “tea party” crowd — in the wake of his recent endorsement of a Texas state House resolution affirming the state’s sovereignty.

DEA says Mexican drug cartels are creeping south (AP) Posted: 15 Apr 2009 05:24 PM PDT AP - Mexican drug cartels are creeping south into Central America, U.S. drug enforcement officials said Wednesday, as the Obama administration put new pressure on drug kingpins ahead of the president's trip to Mexico City. Drug Enforcement Administration officials said there are growing signs that stepped-up law enforcement efforts on the U.S.-Mexico border are driving the cartels south toward Central America.

Mistrial in 9-11 fund fraud case (AP) Posted: 15 Apr 2009 04:13 PM PDT AP - A judge declared a mistrial Wednesday in the case of a retired naval officer accused of defrauding a fund for the victims of the Sept. 11 terror attacks, after a jury could not agree on whether he was guilty of the central charge against him.

US, Europe mull next steps on Iran (AP) Posted: 15 Apr 2009 05:08 PM PDT AP - Top U.S. and European diplomats met Wednesday to plan a way ahead in dealing with Iran's suspected nuclear program, just hours after Iranian President Mahmoud Ahmadinejad indicated he was willing to build a new relationship with the United States.

Republicans criticize report on right-wing groups (AP) Posted: 15 Apr 2009 04:03 PM PDT AP - Republicans on Wednesday said a Homeland Security Department intelligence assessment unfairly characterizes military veterans as right-wing extremists. House Republican leader John Boehner described the report as offensive and called on the agency to apologize to veterans.

US: US experts asked by NKorea to leave country (AP) Posted: 15 Apr 2009 04:31 PM PDT AP - The United States said Wednesday that American experts working at North Korea's main nuclear plant have been asked to leave the country, further heightening tension following the North's firing of a rocket earlier this month over U.S. ally Japan.

AARP: Prescription drug prices on the rise (AP) Posted: 15 Apr 2009 05:13 PM PDT AP - Prices of the most popular brand-name prescription drugs are on the rise even as the economy falters, the AARP says.

US to target pirate assets (AP) Posted: 15 Apr 2009 05:30 PM PDT AP - Secretary of State Hillary Rodham Clinton said Wednesday the Obama administration will take the unusual step of trying to seize pirate financial assets and property, as it works with shippers to thwart hijackers off the coast of Somalia.

Earlier vet. report drew no fire (Politico) Posted: 15 Apr 2009 04:45 PM PDT Politico - While the American Legion and conservative commentators have pounced on a recent Department of Homeland Security report on right-wing extremism, calling it politically motivated and slanderous toward veterans, a 2008 FBI report with similar findings generated little controversy or coverage.

Obama vows to reform "monstrous" tax code (Reuters) Posted: 15 Apr 2009 04:23 PM PDT Reuters - President Barack Obama promised Americans his administration would reform the "monstrous" U.S. tax system as millions faced the dreaded annual deadline on Wednesday for filing income tax returns.

Hillary took in $5.6M in 1st quarter (Politico) Posted: 15 Apr 2009 04:03 PM PDT Politico - In the first three months of the year, Hillary Clinton paid off $3.7 million in bills left over from her failed presidential campaign, according to a report her campaign filed Wednesday afternoon with the Federal Election Commission.

Minn. Senate flashpoint: the judges (Politico) Posted: 15 Apr 2009 03:59 PM PDT Politico - Norm Coleman’s campaign hasn’t yet filed its expected appeal to the Minnesota Supreme Court, but partisans are already gearing up for what could be the next flashpoint in the Coleman-Al Franken Senate contest — the backgrounds of Minnesota’s high court justices.

Obamas Paid $855,323 in Federal Tax on $2.66 Million (Bloomberg) Posted: 15 Apr 2009 03:57 PM PDT Bloomberg - April 15 (Bloomberg) -- President Barack Obama and first lady Michelle Obama paid $855,323 in federal taxes for 2008 on an adjusted gross income of $2.66 million, according to copies of his tax returns released by the administration.

Obama tax return reveals memoirs made millions (Reuters) Posted: 15 Apr 2009 03:49 PM PDT Reuters - President Barack Obama made nearly $2.5 million in 2008 from the sales of his two best-selling memoirs, according to tax information released by the White House on Wednesday.

Napolitano defends DHS report (Politico) Posted: 15 Apr 2009 03:45 PM PDT Politico - In remarks broadcast on KVIA-TV El Paso, Homeland Security Secretary Janet Napolitano further explained her department’s report on right-wing extremism.

U.S. to release bank stress data in May (Reuters) Posted: 15 Apr 2009 03:40 PM PDT Reuters - The U.S. government will release some results of its bank stress tests in May with the goal to stabilize the ailing banking sector, the White House said on Wednesday.

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