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Thursday, November 19, 2009

Daily Democratic Wire 11-19-2009

George Wenschhof

Senate releases their health care bill - after what has seemed like forever, Senate Majority Leader Harry Reid (D-Nev.), joined by other Democratic Senate Leaders unveiled the bill yesterday. It is called the Patient Protection and Affordable Care Act and promises to provide aid to more Americans while reducing the budget deficit by 130 Billion over the next decade. The NY Times has more here. The first Senate battle will be if there are 60 votes to avoid a filibuster and that vote may come this week.

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Afghanistan President Hamid Karzai sworn in - he promised to end corruption and to bring about an end to the international terrorism in his country. Of note, was the presence of Pakistan leader Asif Ali Zardari whose cooperation is vital in ending the safe havens for the Taliban and al Qaeda in the mountainous border regions between their countries. Time.com has more here.

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The process of political appointments given to major donors has continued under the Obama administration - seems this process has resulted in 56% of the overseas appointments, while only 44% of the appointments went to career foreign service diplomats. Politico.com has more here.

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AOL will eliminate 1/3 of it's jobs as it divorces from merger with Time Warner Inc. - the previous merger, now nine years old did not work and AOL is forced with restructuring. It is estimated 2500 jobs will be cut. Reuters.com has more here.

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Another Obama nominee has tax issues - Lael Brainard who has been nominated for Undersecretary of the Treasury for International Affairs was late in paying real estate taxes on property in northern Virginia in 2005-2007. MSNBC.com has more here.

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Republican National Committee continues strong fundraising - 8.79 million was reported in October which was similar to the 8.74 million raised in September. They have 11.2 million cash on hand with zero debt. CNN.com has more here.

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