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2012/07/15

Obama again calls for action on Bush-era tax cuts - The Washington Times

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Sunday, July 15, 2012

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President Barack Obama speaks during a campaign stop at the historic Fire Station No. 1, in downtown Roanoke, Va., Friday, July 13, 2012. Obama traveled to southwest Virginia to discuss choice in this election between two fundamentally different visions on how to grow the economy, create middle-class jobs and pay down the debt. (AP Photo/Don Petersen)

Obama again calls for action on Bush-era tax cuts

President Obama on Saturday defended his plan for extending the Bush-era tax cuts, set to expire at the end of this year, only for those earning under $260,000 a year.


U.N. team investigates reported Syria massacre

U.N. observers investigated the latest reported massacre in Syria, entering a village Saturday where activists say regime forces killed dozens of people the past week, as Turkey's prime minister blasted Damascus' leadership, warning that the Syrian people will "make them pay" for such mass killings.

Romney: No role in Bain management after 1999

His credibility under attack, Republican presidential hopeful Mitt Romney insisted on Friday that he had "no role whatsoever in the management" of a private equity firm after early 1999, and demanded that President Barack Obama apologize for campaign aides who persist in alleging otherwise.

Clinton in Egypt for first meeting with president

U.S. Secretary of State Hillary Rodham Clinton hoped to use her first meeting with Egypt's new Islamist president on Saturday to steer Mohammed Morsi toward opening a dialogue with the military that could end the country's political crisis.

Candidates from both parties benefiting financially from domestic oil boom

For many candidates in energy boom states, support for increased oil and gas drilling isn't just sound policy — it's also good business.

Team USA shares court with soldiers in D.C. as it preps for Olympics

The score was tied at 20. The eight-minute scrimmage was over. Olympic coach Mike Krzyzewski motioned for the players to come off the court, which they did — just long enough to tell him and the coaching staff that a tie wasn't going to cut it. They wanted to play overtime.

Legal experts say Paterno could have faced charges

If he were alive today, Joe Paterno — the coach who stood for so long for character and integrity both on and off the football field — could be looking at charges such as child endangerment, perjury and conspiracy.

Visa, MasterCard in $6B settlement over card fees

Visa, MasterCard and major banks agreed to pay retailers at least $6 billion to settle a long-running lawsuit that alleged the card issuers conspired to fix the fees that stores pay to accept credit cards. As part of the settlement, announced late Friday, stores from Rite Aid to Kroger will be allowed to charge customers more if they pay using a credit card.

Lanier: 'No place for jokes' about first family's safety

A D.C. police officer assigned to the White House motorcade is now on desk duty while police and the Secret Service investigate a report that the officer made threatening comments about first lady Michelle Obama.

Obama Va. visits sparks GOP attacks over defense

Republicans blasted President Obama Friday for campaigning in Virginia near the largest U.S. naval base while ignoring their proposed solution to avoid looming defense cuts.

U.N. blames regime forces for Syria massacre

The U.N. singled out government forces Friday for blame in the latest massacre in Syria, a frenzy of killing that raises new questions about whether diplomacy has any chance to end the crisis more than 16 months into the bloodiest revolt of the Arab Spring.

JPMorgan says bad trade has ballooned to $5.8B

JPMorgan Chase said Friday that its traders may have tried to conceal the losses from a soured bet that has embarrassed the bank and cost it almost $6 billion — far more than its CEO first suggested.

Clinton pushes China on maritime pact

Secretary of State Hillary Rodham Clinton said Thursday that she hopes China will work diplomatically with its regional partners toward "finalizing a code of conduct" for resolving territorial disputes over the oil-rich South China Sea.

Nationals sign first-rounder Lucas Giolito at deadline

Minutes before Friday's 5 p.m. deadline to sign draft picks, the Washington Nationals agreed to terms with first-round selection Lucas Giolito.

Kaine affidavit discovered among Soering legal defense papers

An affidavit from U.S. Senate candidate Tim Kaine was used by convicted double-murderer Jens Soering in his case fighting extradition to the U.S. in 1988, but Mr. Kaine's camp on Friday denied any connection and said the evidence was plucked by Soering's attorneys from an unrelated hearing after it became public record.

Deal puts Forsberg on Capitals path

The Washington Capitals preach patience with their draft picks.

Commentary

FRIST: Helping Haiti build back better

As a board member of the Clinton Bush Haiti Fund, I traveled to Haiti last month to check on the post-earthquake progress being made through the fund's projects. What I saw confirms that developmental aid can have a greater impact than the humanitarian aid most people know.

BERMAN: Misreading Iran at our peril

When it comes to the financial markets, it is a rule of thumb that past success is a poor indicator of future performance. Sadly, it turns out, that's also the case with political science.

ORIENT: Obamacare doesn't mean actual care

As soon as the Supreme Court upheld Obamacare, people started celebrating that their worries soon would be over.

GREEN: Food stamps for votes

Welfare to work is the cornerstone of a reform passed in 1996 by a Republican Congress and signed by Bill Clinton. The Obama administration on Thursday announced it was taking steps to gut this landmark law.

EDITORIAL: It's for the children

School's out for the summer, so it came as a bit of a surprise Wednesday when Baltimore County, Md., announced new steps supposedly being taken to protect school children. According to officials, construction has begun for the positioning of a speed camera outside Stoneleigh Elementary.

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