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Obama defends push to raise taxes on rich

MOUNTAIN VIEW, Calif. (AP) — Inviting questions, President Barack Obama got one he was happy to answer.

"Would you please raise my taxes?"

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Economic woes drive down gas prices

Storm cloud's silver lining: Pain eases at the pump as producers foresee dismal prospects for global economy

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GOP debate: Winners and losers - CBS News

The Associated Press
 -


Reuters

GOP debate: Winners and losers
CBS News
The six Republican presidential debate this year, which took place Thursday night in Orlando, Florida, left some candidates more prepared than others and gave some candidates some key standout moments. Here's our breakdown of the winners and losers: ...
FACT CHECK: Slippery assertions in GOP debateBoston Globe
Texas toast Perry worries GOPPolitico
Analysis: Perry, Romney defend records in forum

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Republicans already blasting ideas in Obama's jobs speech

Even before President Barack Obama unveils his jobs package this week, GOP congressional leaders returned to Washington on Tuesday criticizing most of the proposals as nonstarters, showing the difficult road the White House faces in getting any legislation through the divided Congress this fall.

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Going Broke: America Without a Post Office?

As the U.S. Postal Service begins shuttering offices across the country to stem their ever-growing $9.2 billion deficit, the entire agency now faces default and could shut down next summer.

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U.S. Commanders Pushing for Permission to Run Covert Ops to Counter Iran

U.S. military commanders and intelligence officers are pushing for greater authority to conduct covert operations to thwart Iranian influence in neighboring Iraq, according to officials quoted Tuesday.


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Martin Luther King Jr. is honored at national prayer service in Washington

Bernice King scanned a sea of more than a thousand faces in the great church — black, white, Asian and Latino — and described her life as the youngest daughter of the Rev. Martin Luther King Jr. She was 5 years old when he was assassinated in 1968.

Because he was so often on the road during the civil rights struggle, she said, “I came to know Dr. King more than I knew Daddy.”

But after his death and her own call to the ministry, she said from the pulpit on Saturday, “the Daddy I came to know was a servant of a high God, obedient.”

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Arizona sues federal government over voter rights law

PHOENIX (Reuters) - Arizona filed a lawsuit on Thursday challenging a U.S. federal voting rights law governing how the state conducts its elections.

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Hispanics surpass blacks in college enrollment

Hispanics surpassed blacks in 2010 to become the second-largest racial or ethnic group of young adults in America’s colleges, according to a new analysis of Census Bureau data.

The number of Hispanic college students ages 18 to 24 rose by a remarkable 24 percent in one year, to 1.8 million, according to a report released Thursday by the Pew Hispanic Center. The federal Current Population Survey found 7.7 million white college students in that age group, 1.7 million black students and 800,000 Asian Americans.

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Slower mail could save Postal Service $1.5B

Think snail mail is too slow? Imagine if it got slower.

The U.S. Postal Service could save about $1.5 billion annually if it relaxed its one- to three-day guarantees for First-Class and Priority Mail deliveries by a day, according to a new study.

Postal executives are seriously considering the idea and are expected to announce new plans regarding delivery schedules after Labor Day, according to USPS officials.

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Did the stimulus work? A review of the nine best studies on the subject

 

If you ask the Obama administration, economists are virtually united in thinking the 2009 stimulus package worked. “I’m absolutely convinced, and the vast majority of economists are convinced, that the steps we took in the Recovery Act saved millions of people their jobs or created a whole bunch of jobs,” Obama declared at a press conference last month. Or, to quote NEC chair Gene Sperling from an interview a few weeks ago, “There is no question that the evidence is showing that the type of things the president did to help state and local governments really mattered, were really helpful in pulling us from the brink of depression to a recovery.”

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Warren makes first steps on potential Senate bid

WASHINGTON (AP) — Consumer advocate Elizabeth Warren is taking the first steps toward launching a possible challenge against Republican Scott Brown, the U.S. senator from Massachusetts and a top Democratic target in 2012.

The 62-year-old Harvard law professor began contacting top Massachusetts Democrats on Thursday, including party Chairman John Walsh, about a potential candidacy.

Warren plans to make a decision after Labor Day and will spend the next few weeks talking with voters and party activists, a Democrat close to the national leadership told The Associated Press.

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Wisconsin Republican lawmakers hang on in recall vote

MILWAUKEE (Reuters) - Democrats appeared to have ousted one Wisconsin lawmaker but three Republicans survived recall on Tuesday, leaving two races still in doubt in the nation's largest ever group of recall votes.

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The debt ‘super committee’: Who will serve on it?

The “super committee” was already facing high expectations, but Friday night’s downgrade of U.S. debt has placed an even greater burden on congressional leaders as they make their selections for the deficit-reduction panel over the next week.

With an Aug. 16 deadline ahead for making the 12 picks, the top four congressional leaders have so far held their cards close to the vest, not publicly declaring which lawmakers will be tapped for the committee. It’s not even clear whether the leaders will announce their selections on the same day, at the same hour, or if they will dribble out over the next week.

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Lawmaker Tackled FAA, Now Roads

The Republican congressman at the center of the partisan dispute that shut down parts of the FAA said he was prepared to clash again with Senate Democrats, this time over a major highway bill.

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FAA shutdown imperils billions in projects

They don’t take tickets, hand peanuts to passengers or control airliners in flight, but the people furloughed a week ago by a funding stalemate in Congress are key players in the future of aviation.

They are thousands of construction workers in Warrenton, Richmond, Baltimore, New York, Memphis, Los Angeles and elsewhere, many of them expanding airports to handle anticipated increases in air travel. More significantly, hundreds of engineers working on the multibillion-dollar air-traffic-control system expected to revolutionize air travel have been sidelined.

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Rural US disappearing? Population share hits low

WASHINGTON (AP) — Rural America now accounts for just 16 percent of the nation's population, the lowest ever.

The latest 2010 census numbers hint at an emerging America where, by midcentury, city boundaries become indistinct and rural areas grow ever less relevant.

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Debt debate reverberates in state governments

Virginia's governor is livid that his famously tight-fisted state could face higher borrowing costs to build roads and schools. Maryland has put off a $718 million bond sale for three days because of the current financial uncertainty. And California plans to borrow about $5 billion from private investors next week to ensure it can cover day-to-day operating expenses should the federal government default on its debt.

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Ron Paul Campaign Raises Most Donations from Military

LAKE JACKSON, Texas--(BUSINESS WIRE)--Today, it was confirmed that the campaign of 2012 Republican presidential candidate Ron Paul has raised more than any other current presidential candidate in donations from members of the military. Of those donors who indicated their occupation and employer, Paul topped the other contenders, a distinction he also achieved during his 2008 presidential run. “Our fighting men and women take an oath to protect America, defend our Constitution and defend our bord

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McConnell warns default could ‘destroy’ GOP brand

Senate Minority Leader Mitch McConnell (R-Ky.) warned Wednesday that a default on the nation’s debt would not only be dangerous for the country, but could also have damaging political repercussions for the Republican Party.

Ahead of the latest meeting between congressional leaders and the White House on Wednesday, however, Republicans appeared to be of two minds when it came to McConnell’s proposed “back-up plan” for raising the county’s debt limit.

“(Democrats) want to blame the economy on us and the reason default is no better an idea today than when Newt Gingrich tried it in 1995 is that it destroys your brand. It would give the president an opportunity to blame Republicans for a bad economy,” McConnell told conservative commentator Laura Ingraham in a Wednesday morning radio interview. “Look, he owns the economy. He’s been in office almost three years now, and we refuse to let him entice us into co-ownership of a bad economy.”

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Minnesota leaders fail to break impasse, to meet again

MINNEAPOLIS (Reuters) - Minnesota's Democratic Governor Mark Dayton and Republican legislative leaders met on Tuesday but failed to break a budget impasse five days into a state government shutdown.

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Tea party Democrats do exist

Is there such a thing as a tea party Democrat? The answer, it seems, is yes. Polls show the group exists, but determining its actual impact is difficult. What role the group could play in the 2012 elections is even murkier, except as a rallying cry for Republicans who claim the movement is a bigger tent than it appears.

Recently, Republican leaders have gone out of their way to make the argument that the tea party is more than just a group of (somewhat) disaffected Republicans who are angry about government spending they perceive to be out of control and the large size of the federal government.

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Not all public campaign financing will raise Supreme Court ire

The Supreme Court ruled this week that Arizona’s system of public campaign funding is unconstitutional, but the decision does not signal that the court is ready to reject all public financing for elections.

The finding focused on one aspect of the law, a trigger that increases money for publicly funded candidates who face high-spending challengers. Such attempts to “level the playing field” could discourage contributions or spending from some who fear their money will lead to more public funding for opponents, and therefore they violate the First Amendment, the court said.

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Happy Independence Day America!

 On July 2nd, the Continental Congress voted in favor of independence, and two days later its delegates adopted the Declaration of Independence, a historic document drafted by Thomas Jefferson. From 1776 until the present day, July 4th has been celebrated as the birth of American independence, with typical festivities ranging from fireworks, parades and concerts to more casual family gatherings and barbecues.

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Texas lawmakers pass airport "anti-groping" bill

AUSTIN, Texas (Reuters) - Legislation to make enhanced airport security pat-downs a crime if they involve touching a passenger's "private" areas was approved by the Texas House and Senate on Monday.

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