Yahoo! News: Elections

Obama expresses regret for Afghan civilian deaths (AP) Posted: 06 May 2009 06:24 PM PDT AP - Flanked by the leaders of Afghanistan and Pakistan, President Barack Obama expressed deep U.S. regret Wednesday for civilian casualties in a deadly incident this week in western Afghanistan, promising "every effort" to avoid recurrences in the war against a rising Taliban insurgency.

Analysis: Obama scrambles against militant threat (AP) Posted: 06 May 2009 05:18 PM PDT AP - The fuse that could ignite an explosion of Islamic militancy in Afghanistan and Pakistan is burning so fast that the Obama administration is scrambling to keep pace.

AP sources: Obama to seek $17B in budget savings (AP) Posted: 06 May 2009 06:49 PM PDT AP - After a line-by-line scrub of the federal budget, President Barack Obama has signed off on a roster of 121 budget cuts totaling $17 billion — or about one-half of 1 percent of the $3.4 trillion budget Congress has approved for next year.

Senate moves toward easing mortgage terms (AP) Posted: 06 May 2009 06:23 PM PDT AP - Trying to curb home foreclosures, the Senate voted on Wednesday to make it easier for homeowners with risky credit to switch to a lower-cost mortgage backed by the government. The bill, passed 91-5, also would give banks a break by encouraging reduced fees they must pay for the government to insure deposits.

Kerry on journalism: 'Brave new world' (Politico) Posted: 06 May 2009 04:33 PM PDT Politico - Senator John Kerry (D-Mass.) began Wednesday's commerce subcommittee hearing on "the Future of Journalism" by welcoming media executives, Senate colleagues and audience members to a "brave new world."

Democrats to hold majority on meltdown commission (AP) Posted: 06 May 2009 05:52 PM PDT AP - Democrats will hold sway on a new independent commission to investigate the cause of the financial meltdown and chart the nation's path ahead, with the majority party picking six members and Republicans four.

Joe the Plumber calls gays 'queer' (AP) Posted: 06 May 2009 06:12 PM PDT AP - Samuel Wurzelbacher, the Ohio man hailed as "Joe the Plumber" by Republican John McCain's presidential campaign last year, said he believes gays are "queer" and said he won't allow them near his children. Nevertheless, Wurzelbacher said the decision about whether to allow same-sex couples to marry should be left to states.

Report: Foreign analysts cite Iran bomb progress (AP) Posted: 06 May 2009 03:35 PM PDT AP - Congressional investigators say some foreign intelligence analysts believe U.S. intelligence is underestimating Iran's progress toward designing a nuclear warhead before Tehran halted its program in 2003.

Report: FBI slow to update terror watchlist (AP) Posted: 06 May 2009 06:18 PM PDT AP - The FBI has been slow to update the national terror suspect watchlist — and the lapses pose real risks to U.S. security, a Justice Department audit has found.

Specter plays down loss of committee seniority (AP) Posted: 06 May 2009 05:06 PM PDT AP - Sen. Arlen Specter sought to minimize any political damage Wednesday after fellow Democrats decided against honoring the 28 years' seniority he accumulated as a Republican before switching parties last week.

Obama, China's Hu discuss North Korea, Pakistan (Reuters) Posted: 06 May 2009 05:59 PM PDT Reuters - U.S. President Barack Obama spoke with Chinese President Hu Jintao on Wednesday about global economic issues, concerns over North Korea and the issue of militants in Pakistan, the White House said in a statement.

Man accused of threatening Obama ordered released (AP) Posted: 06 May 2009 05:23 PM PDT AP - A Texas man who pleaded guilty to threatening to kill President Barack Obama and blow up the Mall of America in Minneapolis has been ordered released from jail.

US again urges Iran to free reporter, aid worker (AP) Posted: 06 May 2009 05:12 PM PDT AP - The U.S. on Wednesday appealed to Iran to free an American journalist and a U.S. aid agency worker who both are jailed on national security charges and appealing their convictions.

White House says FEMA nominee should be confirmed (AP) Posted: 06 May 2009 05:02 PM PDT AP - The White House said Wednesday that its nominee to run the Federal Emergency Management Agency deserves immediate Senate confirmation, not "political posturing" from a Republican senator who is standing in the way of a vote.

Obama to propose $1.25B for black farmers (AP) Posted: 06 May 2009 04:56 PM PDT AP - President Barack Obama is proposing that the government provide $1.25 billion to settle discrimination claims by black farmers against the Agriculture Department.

Google: American phenomenon and antitrust target (Reuters) Posted: 06 May 2009 04:49 PM PDT Reuters - Google is more than a fabulously successful company -- it is a cultural phenomenon facing increasing U.S. government scrutiny despite its chief executive's campaign support for President Barack Obama.

Obama speaks with Chinese President Hu (AP) Posted: 06 May 2009 04:48 PM PDT AP - President Barack Obama discussed the global economy and health issues in a phone call with Chinese President Hu Jintao.

Waxman under fire on climate change (Politico) Posted: 06 May 2009 04:46 PM PDT Politico - As the clock ticks on a self-imposed deadline, Rep. Henry Waxman is facing fire from all sides over his landmark measure to curb carbon emissions.

Senate hears a dim forecast for newspapers' future (AP) Posted: 06 May 2009 04:43 PM PDT AP - One way to save some of the nation's struggling newspapers would be to let them become nonprofits similar to public broadcasting stations, a senator said Wednesday as editors and other journalists painted a grim future for daily print journalism.

Geithner: Banks negotiated intensely (Politico) Posted: 06 May 2009 04:19 PM PDT Politico - Stress-test results showing major banks need to raise new capital were finalized after intense negotiation between the government and the banks, Treasury Secretary Tim Geithner told Charlie Rose in an interview taped on Wednesday.

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