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Wednesday, February 2, 2011

Daily Political Wire

George Wenschhof

Egypt Demonstrators clash with Mubarak Supporters -
in Cairo, the call for change took a new turn as supporters of President Mubarak clashed with demonstrators calling for his ouster. The Egyptian army has also now called for demonstrations to end after President Mubarak announced yesterday he would not run for another term. Reuters has a quick update below:



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Yemeni President Ali Abdullah Saleh to Step Down -
as a result of mass demonstrations in Yemen inspired by Tunisia's revolt and the unrest in Egypt. He promised to not run for another term or have his son run for president. Yemen has also been an ally to the u.s. for thirty years. The Washington Post has more here.

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Senate Republicans to Try to Repeal Heath Care Today -
using a procedural move by tacking on the repeal as an amendment to the Federal Aviation Administration (FAA) authorization bill which is scheduled to receive a vote today.

Democrats will counter with another procedural vote which requires all amendments to be fully paid for, which repeal of the health care bill would add 230 billion to the deficit.

Very few of the 53 Senate Democrats are expected to defect, which will ensure the the 60 needed votes will not be obtained for the Republican amendment. Politico.com has more here.

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No Earmarks in Congress This Year -
Senator Daniel Inouye (D-Hawaii) who chairs the senate Appropriations Committee said yesterday he will not allow earmarks on spending bills this year. Earlier, the House passed a resolution also banning earmarks and President Obama had promised in his State of The Union speech to veto any bills which contained earmarks. The NY Times has more here.

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Wall Street Pay Hits Record in 2010 -
135 billion was paid to those working in the market last year as the rest of the nation continues to struggle after financial mismanagement from Wall Street brought about the market crash of 2008. The Wall Street Journal has more here.

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Charlotte, North Carolina will host 2012 Democratic Convention -
Cleveland, Minneapolis and St. louis were the other cities under consideration. The 2008 Democratic Convention in Denver generated an estimated 160 million. CNN.com has more here.

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