Daily Political Wire 6-11-2010

George Wenschhof

Today, President Obama will announce from the White House Rose Garden small business initiatives - most of it is extension of what already exists and will be accomplished with the passage of the "American Jobs and Closing Tax Loopholes Act of 2010". You can read more about the bill here.

The president also announced he has scheduled a meeting with the chair of BP; Carl-Henric Svanberg and other critical parties to be held at the White House next Wednesday. You can read more here.

Later today, President Obama will meet with Secretary of State Hillary Clinton who just returned from her trip to Africa.

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Senate Republican move to limit EPA authority fails - yesterday the vote was 47-53 with six moderate democrats joining the 41 republican Senators. They wanted to block the greenhouse gas rules established by the Environmental Protection Agency. President Obama had promised a veto if the measure had passed. TheHill.com has more here.

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Bill Clinton Campaigns for Reid in Nevada - at a fundraiser last night, former President Clinton slammed Reid's Republican opponent Sharon Angle. Her far right views include the elimination of social security and medicare. The Senate Majority leader had thought to be vulnerable in the mid term election until Republican voters chose Angle to oppose him in the recent primary. CNN.com has more here.

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Former Blagojevich Chief of Staff testifies - tales of cash pay-offs (mainly to himself) and orders from former Governor Rod Blagojevich to keep silent were the order of the day as Alonzo Monk took the stand. Tony Rezko, who has been charged in other cash - for - influence schemes reportedly gave Monk thousands of dollars which Monk says he never told Blagojevich about. Rezko also came up during the 2008 presidential election Obama had bought a lot from him. There will be more to come. MSNBC.com has more here.

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