Daily Political Wire

George Wenschhof

Government Shut Down? - President Obama is meeting with Congressional leaders today in hopes of reaching an agreement on a budget for the remainder of the current fiscal year. The latest continuing resolution expires Friday and memos have been sent to government agency heads detailing what will happen if a government shut down does occur. The Washington Post has more here.

Politico.com is reporting, Republicans are offering a one week extension with 12 billion in cuts.

Stay Tuned..

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GOP FY'12 Budget Cuts 6 Trillion - Representative Paul Ryan (R-Wisc.) presents his budget today which contains 6 times the cuts the Obama administration proposed cuts. Reuters.com has more here.

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U.S. To Hit Debt Limit By Middle of May - Treasury Secretary Timothy Geithner reminds Congress in a letter to Senate Majority Leader Harry Reid (D-Nev.) that a move to raise the debt ceiling is needed to avoid what would be an incredible financial hardship for Americans. TheHill.com has more here.

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Japan Sets Radiation Limits for Fish - as the radioactive water continues to pour into the Pacific Ocean as workers try to resolve the leaks from the damaged Fukushima nuclear reactors. The first ever safe radiation levels for fish has been put in place by the government of Japan. You can read more here.

The seafood industry has been hurt over the past year with the BP oil leak in the Gulf and now radiation in the Pacific Ocean.

Makes one question nuclear and oil as energy sources of the future.

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Petraus To C.I.A.? - seems a series of upcoming personnel moves could result in General Petraus becoming the new head of the central intelligence agency. Leon Panetta, the current C.I.A. director is in line to become Secretary of State when Robert Gates steps down this year. NPR.org has more here.

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