Daily Political Wire 12-12-2010

George Wenschhof

President Obama to Host Business Leaders - on Wednesday, at the Blair House in D.C., the president will meet with about twenty corporate heads to discuss the economy. One of the subjects which will be discussed is an overhaul of the current tax system. The NY Times has more here.

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Axelrod says Tax Cut extension will Pass - on CNN's "State of the Union", White House senior adviser David Axelrod was confident the bill will pass. The Senate will take up the 856 billion bill tomorrow, where it is expected to pass and then move to the House. House Democrats have threatened to not vote on the bill. Stay Tuned... Reuters.com has more here.

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Cancun Climate Change Conference produces Agreement - from the 193 UN member delegation who attended. Wealthier nations will contribute to a fund which will help developing countries deal with the effects of global warming and to protect rain forests from destruction.

However, no agreement was reached on the reduction of greenhouse emissions. CNN.com has more here.

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Palin Visits Haiti, hope to improve her Foreign Policy Image - Tina Fey's impersonation and her words "I can see Russia from my house" is the image most voters have of former Alaska Governor Sarah Palin when it comes to her knowledge of foreign policy.

In another sign she is seriously considering a presidential run in 2012, Palin traveled to Haiti, with Fox News in tow. The Huffington Post has more here.

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