Daily Political Wire

George Wenschhof

Budget Battle Begins Anew - Today at 10:30 AM ET, at Parkville Middle School in Baltimore County, President Obama will unveil his 2012 budget, which includes the goal of reducing the deficit by 4 Trillion over the next decade. You can read more here.

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Congress Beset With Ethics Investigations - Congress, already reeling with a all time low approval rating of 10%, is also facing at least a dozen ethics investigations of Republican and Democratic lawmakers. Politico.com has more here.

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Greek Parliament Approves Drastic Spending Cuts - Riots Erupt - the austerity measures required by the European Union were approved yesterday as protesters, weary of the effects of the recession, set buildings on fire. The measures call for cuts in the minimum wage and a 20% reduction in government workers. Euro zone leaders meet Wednesday to decide on whether to give the 182 Billion bailout. The Washington Post has more here.

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Chinese Vice President Xi Jinping In D.C. Today - the anticipated future ruler of China will makes the rounds today, meeting with President Obama, Vice President Biden, Secretary of State Hillary Clinton and Defense Secretary Leon Panetta. Xi will then travel to Iowa and California. TheHill.com has more here.

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Violence in Syria Continues - the days are numbered for President Bashar al-Assad, but he continues to order the bombardment on the city of Homs, even as the Arab League has pledged support for the opposition and has called for international peacekeepers. Reuters.com has an update here.

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Pakastan Prime Minister Indicted - the Pakistan Supreme Court has charged Yousaf Raza Gilani with contempt of court for failing to pursue corruption charges against President Asif Ali Zardari. The NY Times has more here.

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