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Some insurers stop writing new coverage for kids (AP)

Posted by Yahoo! News: Politics News On July - 23 - 2010 1 COMMENT

In this May 27, 2010 photo, a patient is transferred to Hope Children's Hospital from Advocate Trinity Hospital's emergency room in Chicago. Emergency rooms, the only choice for patients who can't find care elsewhere, may grow even more crowded and wait times even longer under the nation's new health law.  By later this decade, 32 million more Americans will have health insurance. A shortage of primary care doctors will mean many of those newly insured patients will visit ERs for both real emergencies and problems that could be handled more cheaply in doctor's offices. (AP Photo/Kiichiro Sato)AP - Some major health insurance companies will no longer issue certain types of policies for children, an unintended consequence of President Barack Obama's health care overhaul law, state officials said Friday.


U.S. trims ’10 deficit forecast as economy faces headwinds (Reuters)

Posted by Yahoo! News: Politics News On July - 23 - 2010 ADD COMMENTS

President Barack Obama walks off the stage after signing the Dodd-Frank Wall Street Reform and Consumer Protection Act in Washington, July 21, 2010. REUTERS/Jim YoungReuters - The Obama administration warned on Friday the U.S. economy had encountered "strong headwinds" and the country's fiscal challenge remained grim, but it lowered an estimate for the budget deficit this year.


Despite Sherrod spotlight, black farmers denied (AP)

Posted by Yahoo! News: Politics News On July - 23 - 2010 ADD COMMENTS

In a photo made from video provided by CBSNews.com, former USDA official Shirley Sherrod is interviewed Thursday, July 22, 2010 on 'The Early Show'.  President Barack Obama on Thursday apologized to Sherrod over her ouster in the midst of a racially tinged firestorm that ensnared the White House, Agriculture Department, NAACP and a blogger.  (AP Photo/CBSNews.com)AP - Black farmers, due $1.2 billion for a legacy of discrimination by the Agriculture Department, suffered a new and disheartening setback this week, despite the national spotlight provided by the quickly disavowed firing of a black department worker.


Obama to defend car bailout with auto plant visits (AFP)

Posted by Yahoo! News: Politics News On July - 23 - 2010 1 COMMENT

US President Barack Obama speaks to auto workers at the GM plant in Lordstown, Ohio in 2009. Obama will visit Chrysler and General Motors plants next week, to defend the AFP - President Barack Obama will visit Chrysler and General Motors plants next week, to defend the "tough decisions" he made last year to save the firms from going under, the White House said Friday.


White House predicts record $1.47 trillion deficit (AP)

Posted by Yahoo! News: Politics News On July - 23 - 2010 ADD COMMENTS

President Barack Obama delivers remarks on the economy in the Roosevelt Room of the White House in Washington, Friday, July 23, 2010.(AP Photo/Pablo Martinez Monsivais)AP - New estimates from the White House on Friday predict the budget deficit will reach a record $1.47 trillion this year. The government is borrowing 41 cents of every dollar it spends.


Walsh tapped as acting comptroller replacing Dugan (AP)

Posted by Yahoo! News: Politics News On July - 23 - 2010 1 COMMENT
AP - The Obama administration said Friday it had selected a top staffer at the Office of the Comptroller of the Currency to head the agency on a temporary basis.

House pressured to pass stripped-down war measure (AP)

Posted by Yahoo! News: Politics News On July - 23 - 2010 1 COMMENT

U.S. Army 1st Lt.Christopher Babcock, from New Orleans, La., serving with 1-320th Alpha Battery, 2nd Brigade of the 101st Airborne Division, jokes with Afghan villagers as one of them uses his camera to take a photograph, just outside COP Nolen, in the volatile Arghandab Valley, Kandahar, Afghanistan, Thursday, July 22, 2010. (AP Photo/Rodrigo Abd)AP - After a take-it-or-leave-it vote by the Senate, House Democrats face little choice but to drop more than $20 billion in domestic spending from a must-pass bill funding President Barack Obama's troop surge in Afghanistan.


Checks are coming: Obama signs unemployment bill (AP)

Posted by Yahoo! News: Politics News On July - 22 - 2010 ADD COMMENTS

President Barack Obama signs emergency unemployment benefits legislation in the Oval Office of the White House, Thursday, July 22, 2010, Washington. (AP Photo/Carolyn Kaster)AP - Federal checks could begin flowing again as early as next week to millions of jobless people who lost up to seven weeks of unemployment benefits in a congressional standoff.


Pay czar to cite Goldman, JPMorgan, Citi: report (Reuters)

Posted by Yahoo! News: Politics News On July - 22 - 2010 ADD COMMENTS
Reuters - Goldman Sachs Group Inc, JPMorgan Chase & Co and Citigroup Inc are among those Obama administration pay czar Kenneth Feinberg will cite for having made "ill-advised" payments, the Wall Street Journal reported on its web site on Thursday.

Midterm politicking hovers over economic decisions (AP)

Posted by Yahoo! News: Politics News On July - 22 - 2010 ADD COMMENTS

President Barack Obama, center, signs the Dodd Frank-Wall Street Reform and Consumer Protection Act in a ceremony in the Ronald Reagan Building in Washington, Wednesday, July 21, 2010.(AP Photo/Pablo Martinez Monsivais)AP - Midterm politics are distorting economic decision-making as leaders of both parties spin rival views of the road ahead, offering visions based on questionable economics.


Checks are coming: Obama signs unemployment bill (AP)

Posted by Yahoo! News: Politics News On July - 22 - 2010 1 COMMENT

Eric Bilderback, left, holds his resume as he talks with Mike Watson, a business employment specialist at WorkSource Oregon Tuesday, July 20, 2010, in Portland, Ore.  The U.S. Senate voted on Tuesday 60-40 to end a Republican-led filibuster of legislation that would extend unemployment benefits for an estimated 2.5 million Americans. (AP Photo/Rick Bowmer)AP - Federal checks could begin flowing again as early as next week to millions of jobless people who lost up to seven weeks of unemployment benefits in a congressional standoff.


Renewal of Bush tax cuts could be only temporary (AP)

Posted by Yahoo! News: Politics News On July - 22 - 2010 1 COMMENT

Graphic shows average after-tax income for households and share of federal tax liabilities, by income levelAP - Many Americans could be hit with a big tax increase in the next two or three years despite President Barack Obama's repeated promises to shield the middle class from higher rates.


Thousands show up for pro-drilling rally in Louisiana (The Upshot)

Posted by Yahoo! News: Politics News On July - 22 - 2010 ADD COMMENTS
The Upshot - Wanna know how unpopular the Obama administration's drilling moratorium is in oil-soaked Louisiana? Wednesday, a non-holiday weekday, an estimated 15,000 "drill, baby, drill"-chanting locals showed up for a rally to support offshore drilling in Lafayette, Louisiana. The event featured 12 …

US targets Afghan Taliban leaders with sanctions (AP)

Posted by Yahoo! News: Politics News On July - 22 - 2010 ADD COMMENTS
AP - The Obama administration targeted key leaders of Afghanistan's Taliban with new financial sanctions Thursday in a move that could complicate relations with Pakistan and Afghan efforts to reconcile with insurgents.
CQPolitics.com - Speaker Nancy Pelosi of California and other House leaders said Thursday they would take their lead from the Senate on the makeup and duration of an extension of the Bush-era tax cuts that expire at the end of the year.

Democrats to propose extending middle-class tax cuts (Time.com)

Posted by Yahoo! News: Politics News On July - 22 - 2010 ADD COMMENTS
Time.com - By proposing to let tax breaks expire for wealthy Americans, the congressional leaders hope to force Republicans into another politically uncomfortable position

Obama signs sweeping Wall Street overhaul into law (Reuters)

Posted by Yahoo! News: Politics News On July - 21 - 2010 ADD COMMENTS
Reuters - President Barack Obama signed into law on Wednesday the most comprehensive financial regulatory overhaul since the Great Depression, vowing to stop risky behavior on Wall Street that imperiled the U.S. economy.
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