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Friday, November 12, 2010

Daily Political Wire 11-12-2010

George Wenschhof

President Obama in Japan today -
on the last leg of his Asian trip. The G-20 meetings did not result in any major agreements and the long negotiated trade deal with South Korea also delayed. Japan is facing major economic problems including deflation. CNN.com has more here.

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Obama faces economic issues when he returns home -
to compromise or not on the extension of the Bush tax cuts is one of the first issues the president has to confront as the tax cuts expire at the end of the year. Liberal democrats, led by House speaker Nancy Pelosi says Democrats should not compromise. The Washington Post has more here.

In addition, the bipartisan deficit reduction commission co-chairs have released a series of proposals to reduce the deficit which has angered both the Left and Right. The NY Times has more here.

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Congressional Approval Only 17% -
the recent mid term elections did little to improve the rating Americans have of Congress. The Gallup poll shows a drop from the 21% approval prior to the elections. Gallup.com has more here.

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Steele to face Challenges for RNC Chair - Saul Anuzis, former chair of the Michigan republican Party has announced he will run for chair of the Republican National Committee. In spite of huge Republican victories in the mid term elections, Steele has been beset with problems and political gaffes after barely winning the chair position in the 11th round of balloting less than two year ago. You can read more here.

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Will an Energy bill be introduced in Lame Duck Session? -
doubtful any major legislation will be introduced. However, attempts might be made to require utilities to increase use of clean energy in producing electricity. TheHill.com has more here.

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Dream Act Likely to be Introduced during lame Duck Session -
a bill which would provide a pathway to U.S. citizenship for children of illegal immigrants. Citizenship would be earned after serving in the military for two years or attending college. You can read more here.

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FreedomWorks Provides Orientation to Incoming Tea Party Congressmen -
Former Republican Majority Leader Dick Armey is leading the several day orientation to new members. Politico.com has more
here.

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