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Click here to visit the new home of Politics Daily!(April 7) -- President Barack Obama's tougher line with China in recent months seems to be paying off, with U.S.-Chinese cooperation appearing to improve on both the economic and national-security fronts. A spokesman for Treasury Secretary Timothy Geithner today announced that Geithner would travel to Beijing to meet with the Chinese vice premier for economic affairs on Thursday. Though their agenda wasn't made public, the decision to stop in China on the way back from Geithner's planned visit to India was widely read as a sign the two countries are close to settling a long, sometimes harsh ...
(April 2) -- Unconditional love is a lot harder than it looks. Brothers and sisters can be morons, parents can be buffoons, spouses can be louses and kids can be brats. But we try, every day, to love people just as they are. Patriotism is a form of unconditional love, too. I may get really ticked off at the state of our nation, but my love for America is unwavering. I think most of us are like this, so I'm generally loath to question another person's patriotism -- just because you don't believe what I do doesn't mean you love this country any less. But recently, I've felt that my ...
The Obama administration is expected to announce Wednesday whether it will allow drilling in the ocean off the East Coast, as it outlines its updated plan for oil and natural gas exploration. It's likely President Obama will speak about off-shore drilling in a speech on energy security at Andrews Air Force Base in Maryland, but the White House wouldn't confirm it, reported Reuters. Interior Secretary Ken Salazar has said he wanted to release the updated drilling plan by the end of March. Last year Obama halted a Bush administration plan to drill along the East Coast and off California. A two ...
Educators in Delaware and Tennessee were celebrating Monday after learning their states will receive hundreds of millions of dollars in extra education funding under the Obama administration's "Race to the Top" program. A total of 40 states and Washington, D.C., were vying for a portion of $4.35 billion aimed at boosting underperforming schools. Fifteen finalists were announced earlier this month. Delaware won as much as $107 million and Tennessee could be awarded $502 million, The Washington Post reported. The money will be spread out among every school in both states. Georgia and ...
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The government's mortgage modification plan hasn't helped as many defaulting homeowners as was hoped, so the Obama administration will try a different tack to avoid foreclosures. Instead of trying to keep people in their homes, the government will pay them to leave, The New York Times reported. Under the new program going into effect April 5, homeowners at risk of defaulting would be allowed to sell for less than they owe. They could also get an additional cash payment. Banks and other lenders will have to accept the short sale, forgiving the difference between the market price of the home ...
WASHINGTON (March 3) -- President Barack Obama will go before the cameras yet again this afternoon to outline a path for health care reform. Unlike past speeches, Obama's real audience this time is relatively narrow: wavering congressional Democrats and independent voters. The president is expected to make the case for pushing forward with a comprehensive bill, despite a lack of Republican support. Obama needs the backing of most Democrats in the Senate to win approval for a simple-majority, 51-vote reconciliation bill. In the House, it may be even tougher. While Democrats have a huge edge, ...
(March 2) -- Who's looking out for the little guy? During all the debate over government cures for the financial crisis, billions of dollars in bank bailouts and fiery finger-pointing at greedy executives and heedless regulators, questions about the plight of American consumers have largely gone unanswered. Repair to Wall Street periodically emerged as a headline issue in Washington, but it always overshadowed accompanying provisions aimed at helping Main Street. Now those consumer-protection rules are back in play, as a spark of potentially bipartisan financial legislation is kindled in ...
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States are pushing through new measures and reviving old laws that expand gun rights, as the White House largely ignores the issue. Gun advocates had feared President Obama would move quickly to restrict arms and ammunition upon taking office. But a year later, the issue appears to be low on his agenda, disappointing supporters of stricter gun control. Last week, lawmakers in Virginia voted to repeal a ban on purchasing more than one handgun a month and passed another measure that allows people to carry concealed weapons in bars and restaurants that serve alcohol. Other states are making ...
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