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	<title>Archive &#187; Richard Cowan</title>
	<atom:link href="http://blogs.reuters.com/archive/author/richard.cowan/feed/" rel="self" type="application/rss+xml" />
	<link>http://blogs.reuters.com/archive</link>
	<description>Reuters blog archive</description>
	<pubDate>Fri, 27 Nov 2009 22:50:46 +0000</pubDate>
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		<title>Great gift ideas for the political animal</title>
		<link>http://blogs.reuters.com/frontrow/?p=22221</link>
		<comments>http://blogs.reuters.com/frontrow/?p=22221#comments</comments>
		<pubDate>Thu, 12 Nov 2009 20:17:16 +0000</pubDate>
		<dc:creator>Richard Cowan</dc:creator>
		
		<category><![CDATA[Front Row Washington]]></category>

		<category><![CDATA[2010 election]]></category>

		<category><![CDATA[DSCC]]></category>

		<category><![CDATA[LBJ]]></category>

		<category><![CDATA[Lyndon Johnson]]></category>

		<category><![CDATA[Robert McNamara]]></category>

		<category><![CDATA[sarah palin]]></category>

		<category><![CDATA[Vietnam War]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/frontrow/?p=22221</guid>
		<description><![CDATA[Democrats are using a photograph of two of the Vietnam War's leading characters to try to rally the party and raise money.]]></description>
			<content:encoded><![CDATA[<p>The Vietnam War caused the biggest political division in the United States since the Civil War. It also radicalized a generation and drove a president from office. Yet Democrats are using a photograph of two of the Vietnam War's leading characters to try to rally the party and raise money.</p>
<p>The fund-raising outfit that helps elect Democrats to the U.S. Senate has opened the Democratic Senatorial Campaign Committee <a href="http://www.dsccstore.com/">Online Store</a> "just in time for the holidays."<br />
<a title="jonson2" href="http://blogs.reuters.com/frontrow/files/2009/11/jonson2.jpg"><img class="attachment wp-att-22225 " src="http://blogs.reuters.com/frontrow/files/2009/11/jonson2.jpg" alt="jonson2" width="300" height="376" align="right" /></a><br />
Yes, there are the typical campaign buttons you'd expect. But besides being the first in your neighborhood with a fashionable DSCC mug, this year's holidays also can be celebrated with a framed photo of President Lyndon Johnson, conferring with his secretary of defense. That would be Robert Strange McNamara, an architect of the American troop escalation in Vietnam.</p>
<p>"Every purchase helps get Democrats elected," the DSCC says.</p>
<p>Nineteen Democratic-held seats are up for grabs in elections next year,  out of 38 races, and Democrats will have to fight hard not to lose seats in the 2010 mid-term elections.</p>
<p>Republicans shouldn't feel left out in the cold on gift-giving. There are plenty of websites offering  up ideas that showcase their stars.</p>
<p>For those who really want to get into the holiday spirit, the Sarah Palin <a href="http://www.victorystore.com/sarah-palin/?gclid=COPy_fm_2pcCFQEoGgodBjXbDg">wine glass</a> or "can cooler" might be right up their alley.</p>
<p><a href="http://www.reuters.com/news/politics" target="_blank">For more Reuters political news, click here</a></p>
<p>Photo credit: Reuters from Defense Department handout (McNamara)</p>
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		<title>Pelosi bites hand that feeds her?</title>
		<link>http://blogs.reuters.com/frontrow/?p=18798</link>
		<comments>http://blogs.reuters.com/frontrow/?p=18798#comments</comments>
		<pubDate>Fri, 31 Jul 2009 21:14:41 +0000</pubDate>
		<dc:creator>Richard Cowan</dc:creator>
		
		<category><![CDATA[Front Row Washington]]></category>

		<category><![CDATA[campaign contributions]]></category>

		<category><![CDATA[Congress]]></category>

		<category><![CDATA[healthcare]]></category>

		<category><![CDATA[insurance companies]]></category>

		<category><![CDATA[Pelosi]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/frontrow/?p=18798</guid>
		<description><![CDATA[Is House Speaker Nancy Pelosi biting the hand that feeds her? Despite her blistering criticism of health insurers, the industry is one of her leading donors.]]></description>
			<content:encoded><![CDATA[<p><a title="USA/" href="http://blogs.reuters.com/frontrow/files/2009/07/rtr25xkd_comp.jpg"><img class="attachment wp-att-18804" src="http://blogs.reuters.com/frontrow/files/2009/07/rtr25xkd_comp.jpg" alt="USA/" width="365" height="263" align="left" /></a>Over the past few days, with the healthcare reform debate raging in Congress, House Speaker Nancy Pelosi has lit into the U.S. insurance industry.</p>
<p>"Immoral" and "villains" are among the words she has used to describe the companies for their opposition to a publicly run health plan.  And she has castigated their policies of refusing to take care of pre-existing medical conditions and capping benefits of cancer patients.</p>
<p>"The glory days are coming to an end," Pelosi warned those companies, vowing to build support for the bill she's pushing.</p>
<p>But will the tough talk bring to an end insurance industry campaign contributions to Pelosi?</p>
<p>For the current 2009-2010 election cycle, insurance industry contributions to Pelosi total $41,000, according to the Center for Responsive Politics. Only health professionals have given her more money, $113,000, according to the group, which tracks campaign contributions to lawmakers and lobbying activities. In the 2007-2008, of the top 20 industries contributing to her, insurance contributions ranked fifth, totaling $177,000 out of a total $3.78 million raised.</p>
<p>"As the Speaker's opposition to the health insurance companies being in charge of America's health care shows, there is no link between political contributions and positions on policy," said Brendan Daly, a spokesman for Pelosi.</p>
<p>Dave Levinthal, spokesman for the Center for Responsive Politics, said of the mismatch between the contributions and Pelosi's criticisms: "They have a right to donate money to her.  She has a right speak her mind."</p>
<p>He notes that insurance industry campaign contributions to Pelosi's re-election campaigns and a separate "leadership" campaign fund have risen dramatically in the last couple years, as healthcare reform prospects have risen.</p>
<p>"It is possible they may look in a different direction" if they conclude she's not going to be "receptive to their influence," Levinthal adds.</p>
<p>Cue up Bruce Spingsteen and "Glory days, well, they'll pass you by."</p>
<p>Photo credit: REUTERS/Yuri Gripas (Pelosi at July 22 news conference)</p>
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		<title>Washington politicians finally meet someone who can fast-talk them</title>
		<link>http://blogs.reuters.com/frontrow/?p=17647</link>
		<comments>http://blogs.reuters.com/frontrow/?p=17647#comments</comments>
		<pubDate>Thu, 21 May 2009 20:32:02 +0000</pubDate>
		<dc:creator>Richard Cowan</dc:creator>
		
		<category><![CDATA[Front Row Washington]]></category>

		<category><![CDATA[climate change]]></category>

		<category><![CDATA[Henry Waxman]]></category>

		<category><![CDATA[Joe Barton]]></category>

		<category><![CDATA[speed reader]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/frontrow/?p=17647</guid>
		<description><![CDATA[Democrats in the House Energy and Commerce Committee had a secret weapon -- a speed-reader -- who they were prepared to pull out in case Republicans forced the public reading of a nearly 1,000-page climate change bill and lengthy amendments that have been debated all week.
The procedural maneuver to delay progress on the bill had [...]]]></description>
			<content:encoded><![CDATA[<p>Democrats in the <a href="http://energycommerce.house.gov/">House Energy and Commerce Committee</a> had a secret weapon -- a speed-reader -- who they were prepared to pull out in case Republicans forced the public reading of a nearly 1,000-page climate change bill and lengthy amendments that have been debated all week.</p>
<p><a title="US-FINANCIAL/" href="http://blogs.reuters.com/frontrow/files/2009/05/rtr22f9p.jpg"><img class="attachment wp-att-17649" src="http://blogs.reuters.com/frontrow/files/2009/05/rtr22f9p.jpg" alt="US-FINANCIAL/" width="300" height="238" align="right" /></a>The procedural maneuver to delay progress on the bill had been threatened by Republicans, who oppose the "cap and trade" program Democrats constructed to gradually reduce industry's greenhouse gas emissions.</p>
<p>In the end, Republicans didn't resort to the delay.</p>
<p>But not wanting to waste the talents of the speed-reader Chairman Henry Waxman hired, the committee gave Douglas Wilder his moment in the sun by asking him to read out loud hundreds of pages contained in a Republican counter-proposal that everyone knew was doomed.</p>
<p>Sporting an orange-colored shirt, patterned tie and brushed-back hair, Wilder took off, sounding almost like an auctioneer.</p>
<p>The words flew by, sometimes almost  unintelligible and too fast for even the most competent note-takers in the hearing room filled with lawmakers, lobbyists and journalists.</p>
<p>"Section one...short title...energy production and conservation act...table of contents...federal...efficiency..."</p>
<p>After about 40 seconds, Joe  Barton, the senior Republican on the committee who played along with the moment of levity, signalled he had enough of the fast-talking Wilder.</p>
<p>Amid a burst of applause and laughter that rippled through the room, Barton folded. "I ask unanimous consent that the reading of the amendment be dispensed with," said the Texan in his soft drawl. "If he'll just work on his accent a bit, he'll have a bright future," Barton said.</p>
<p><a href="http://www.reuters.com/news/politics">Click here for more Reuters  political coverage.</a></p>
<p>- Photo credit: Reuters/Jason Reed (Waxman at a House hearing)</p>
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		<title>What is the cost of staving off climate change?</title>
		<link>http://blogs.reuters.com/frontrow/?p=16828</link>
		<comments>http://blogs.reuters.com/frontrow/?p=16828#comments</comments>
		<pubDate>Wed, 01 Apr 2009 23:24:01 +0000</pubDate>
		<dc:creator>Richard Cowan</dc:creator>
		
		<category><![CDATA[Front Row Washington]]></category>

		<category><![CDATA[climate change]]></category>

		<category><![CDATA[Energy]]></category>

		<category><![CDATA[environment]]></category>

		<category><![CDATA[U.S. Congress]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/frontrow/?p=16828</guid>
		<description><![CDATA[Republicans in the U.S. Congress say they know how much it is going to cost to save the world from the predicted ravages of climate change. But others say their math is way off.
 
"It would cost every family as much as $3,100 a year in additional energy costs and will drive millions of good-paying American [...]]]></description>
			<content:encoded><![CDATA[<p>Republicans in the U.S. Congress say they know how much it is going to cost to save the world from the predicted ravages of climate change. But others say their math is way off.<br />
 <br />
"It would cost every family as much as $3,100 a year in additional energy costs and will drive millions of good-paying American jobs overseas," warned House of Representatives Republican leader John Boehner in response to House Democrats unveiling their climate-change bill on Tuesday.<br />
 <br />
Senate Republican leader Mitch McConnell offered the same figure. "According to some estimates, this tax could cost every American household up to $3,100 a year just for doing the same things people have always done, like turning on the lights and doing laundry."<br />
 <br />
There's a problem, though. <br />
 <a title="USA/" href="http://blogs.reuters.com/frontrow/files/2009/04/climate.jpg"><img class="attachment wp-att-16835 " src="http://blogs.reuters.com/frontrow/files/2009/04/climate.jpg" alt="USA/" width="150" height="102" align="left" /></a><br />
The Republicans cite a Massachusetts Institute of Technology study as the basis for their cost estimate. But a lead author of that study complained in a letter to Boehner on Wednesday that the calculation is way off.<br />
 <br />
John Reilly, an economist at MIT's Sloan School of Management, said the average annual cost to U.S. families for controlling emissions of carbon and other harmful greenhouse gases is actually $340.<br />
 <br />
In a telephone interview with Reuters, Reilly said updates to his 2007 study that take into account some higher costs could nudge the figure up to around $440 per household per year.<br />
 <br />
Republicans say they simply took a $366 billion revenue estimate from a climate change bill that sputtered in Congress last year and divided by the number of U.S. households to come up with $3,100. The thinking is that the revenues would be collected in pollution permits to industries, a cost that likely could be passed on to consumers.<br />
 <br />
"Taking that number and saying that is the cost is just wrong," Reilly said, adding that many other calculations, including government rebates to consumers, have to be factored in.<br />
 <br />
Don Stewart, a spokesman for McConnell, said there are no assurances yet that consumers would get rebates, which the MIT study assumed, and thus the $3,100 figure is accurate and possibly even higher.<br />
 <br />
"If they (Democrats) change their bill to give money back to consumers, the numbers on cost would change (downward)," Stewart said.<br />
 <br />
Eben Burnham-Snyder, a spokesman for Representative Edward Markey, one of Congress' leading advocates of climate control legislation, saw other possibilities.<br />
    <br />
If a range of energy initiatives in coming legislation is factored in -- electric vehicles, improved transmission and other alternative energy steps -- he said that would "significantly cut down the costs and some say would save people money on energy bills."</p>
<p>For more Reuters political news, <a href="http://www.reuters.com/news/politics">click here</a></p>
<p><span style="color: #0000ff;"><span class="Src_value label_value"><span style="color: #000000;">Photo credit: Reuters/Kevin Lamarque (<span class="Caption_value label_value">Demonstrators for clean energy hold a rally on Capitol Hill in Washington on March 2)</span> </span></span></span></p>
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		<title>Whoever runs in Minnesota stays in Minnesota?</title>
		<link>http://blogs.reuters.com/frontrow/?p=16769</link>
		<comments>http://blogs.reuters.com/frontrow/?p=16769#comments</comments>
		<pubDate>Thu, 26 Mar 2009 15:33:46 +0000</pubDate>
		<dc:creator>Richard Cowan</dc:creator>
		
		<category><![CDATA[Front Row Washington]]></category>

		<category><![CDATA[2008 elections]]></category>

		<category><![CDATA[Al Franken]]></category>

		<category><![CDATA[norm coleman]]></category>

		<category><![CDATA[U.S. politics]]></category>

		<category><![CDATA[U.S. Senate]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/frontrow/?p=16769</guid>
		<description><![CDATA[Nearly five months after the 2008 election, there's no sign that either Norm Coleman or Al Franken will definitively be declared the winner in the race for one of Minnesota's U.S. Senate seats, allowing him to spend the next six years in Washington.
Senate Republican leader Mitch McConnell told Reuters in an interview that it could be many [...]]]></description>
			<content:encoded><![CDATA[<p>Nearly five months after the 2008 election, there's no sign that either <a href="http://www.colemanforsenate.com/" target="_blank">Norm Coleman </a>or <a href="http://www.alfranken.com/" target="_blank">Al Franken</a> will definitively be declared the winner in the race for one of Minnesota's U.S. Senate seats, allowing him to spend the next six years in Washington.</p>
<p><a title="USA/" href="http://blogs.reuters.com/frontrow/files/2009/03/rtr23po1.jpg"><img class="attachment wp-att-16771" src="http://blogs.reuters.com/frontrow/files/2009/03/rtr23po1.jpg" alt="USA/" width="300" height="202" align="right" /></a>Senate Republican leader <a href="http://mcconnell.senate.gov">Mitch McConnell</a> told Reuters in an interview that it could be many months before all legal challenges are exhausted. "I don't think we're going to see the end to this matter any time soon," McConnell said.</p>
<p>For those who have forgotten about this cliff-hanger: Coleman, the Democrat-turned-Republican first-term senator running for reelection, lagged behind Democratic comedian-author-Franken by only 225 votes after a recount of nearly 2.4 million ballots cast for the two.</p>
<p>Legal challenges followed and the two candidates are awaiting a ruling any day now by a three-judge panel in Minnesota.</p>
<p>But McConnell said that won't be the end of it. He said Coleman is likely to employ a <a href="http://caselaw.lp.findlaw.com/scripts/getcase.pl?court=US&amp;vol=531&amp;invol=98" target="_blank">Bush v. Gore</a> argument and try to convince the courts that there needs to be a uniform standard of counting ballots throughout the state.</p>
<p>It "will be litigated out not only in state court but potentially in federal court as well," McConnell predicted.</p>
<p>Asked whether he was concerned that Minnesota is going so long without a full team in the U.S. Senate, McConnell replied, "Yeah, it's a shame."</p>
<p>In the meantime, Democrats are two votes short of a filibuster proof majority in the U.S. Senate that's needed to advance most major legislation, instead of the one vote short they would be if Franken was declared the winner based on his narrow margin.</p>
<p>Senator <a href="http://durbin.senate.gov">Dick Durbin</a>, the number-two Democrat in the Senate, is getting impatient.</p>
<p>"There reaches a point where Minnesota is entitled to two senators and if it keeps coming up Al Franken the winner, Al Franken the winner,  I think it's time for the national Republican Party to move on." Asked whether he and Senate Majority Leader <a href="http://reid.senate.gov">Harry Reid</a> might just try to seat Franken at some point soon, Durbin replied,  "I'm not ready to say that."</p>
<p><a href="http://www.reuters.com/news/politics">Click here for more Reuters political coverage</a>.</p>
<p>- Photo credit: Reuters/Mitch Dumke (Franken and Reid meeting in January.)</p>
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		<title>Red Alert: Gorby dines with Democrats!</title>
		<link>http://blogs.reuters.com/frontrow/?p=16614</link>
		<comments>http://blogs.reuters.com/frontrow/?p=16614#comments</comments>
		<pubDate>Wed, 18 Mar 2009 21:54:06 +0000</pubDate>
		<dc:creator>Richard Cowan</dc:creator>
		
		<category><![CDATA[Front Row Washington]]></category>

		<category><![CDATA[Barack Obama]]></category>

		<category><![CDATA[Mikhail Gorbachev]]></category>

		<category><![CDATA[Socialist]]></category>

		<category><![CDATA[USSR]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/frontrow/?p=16614</guid>
		<description><![CDATA[Just as Republicans have been trying to tar President Barack Obama and his fellow Democrats as socialists, guess who's coming to lunch on Capitol Hill?
None other than Mikhail Gorbachev -- the last leader of the Union of Soviet SOCIALIST Republics.
Gorbachev, in town to speak at a Woodrow Wilson Center forum on the evolution of Russia's [...]]]></description>
			<content:encoded><![CDATA[<p>Just as Republicans have been trying to tar <a href="http://www.whitehouse.gov/" target="_blank">President Barack Obama</a> and his fellow Democrats as socialists, guess who's coming to lunch on Capitol Hill?</p>
<p><a title="RUSSIA/" href="http://blogs.reuters.com/frontrow/files/2009/03/rtr22ugg.jpg"><img class="attachment wp-att-16618" src="http://blogs.reuters.com/frontrow/files/2009/03/rtr22ugg.jpg" alt="RUSSIA/" width="300" height="362" align="left" /></a>None other than Mikhail Gorbachev -- the last leader of the Union of Soviet SOCIALIST Republics.</p>
<p>Gorbachev, in town to speak at a <a href="http://www.wilsoncenter.org/" target="_blank">Woodrow Wilson Center</a> forum on the evolution of Russia's constitution, will join on Thursday Senate Democrats at one of their weekly closed-door luncheons where he is expected to give his perspective on international affairs.</p>
<p>Some Republicans have been hurling the "socialist" epithet at Obama, complaining that his big-spending economic stimulus plan, Wall Street bailouts and moves to expand the federal government's role into health care, while also proposing tax hikes for the wealthy, were signs that he's abandoned the capitalist system that is reeling from a global economic meltdown.</p>
<p>Gorby, as he was affectionately known in the late 1980s as he opened his failing country to market reforms, is a Nobel Peace Prize winner who joins an interesting list of past guests at the Senate Democrats' lunch. Others have included Republican Vice President Dick Cheney (sometimes dubbed "Darth Vader") and Rupert Murdoch, the global media tycoon who has strong conservative credentials.</p>
<p><a href="http://www.reuters.com/news/politics">Click here for more Reuters political coverage</a>.</p>
<p>- Photo credit: Reuters/Alexander Natruskin (Gorbachev at a news conference in December.)</p>
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		<title>Mod Squad infiltrates U.S. Senate budget fight</title>
		<link>http://blogs.reuters.com/frontrow/?p=16339</link>
		<comments>http://blogs.reuters.com/frontrow/?p=16339#comments</comments>
		<pubDate>Thu, 05 Mar 2009 19:28:00 +0000</pubDate>
		<dc:creator>Richard Cowan</dc:creator>
		
		<category><![CDATA[Front Row Washington]]></category>

		<category><![CDATA[Barack Obama]]></category>

		<category><![CDATA[Ben Nelson]]></category>

		<category><![CDATA[budget]]></category>

		<category><![CDATA[Congress]]></category>

		<category><![CDATA[economics]]></category>

		<category><![CDATA[Mod Squad]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/frontrow/?p=16339</guid>
		<description><![CDATA[Their mission is to handcuff some of the money President Barack Obama seeks in his budget request to Congress ... deficit-spending that they fear will prey on future generations.
They are the "Mod Squad," a group of about 15 Senate Democrats, some of them freshmen, whose tentative name reflects their moderate political leanings and is borrowed from [...]]]></description>
			<content:encoded><![CDATA[<p>Their mission is to handcuff some of the money President <a href="http://www.whitehouse.gov/">Barack Obama</a> seeks in his budget request to Congress ... deficit-spending that they fear will prey on future generations.</p>
<p>They are the "Mod Squad," a group of about 15 Senate Democrats, some of them freshmen, whose tentative name reflects their moderate political leanings and is borrowed from a 1960s television drama.</p>
<p><a title="USA-STIMULUS/" href="http://blogs.reuters.com/frontrow/files/2009/03/rtxbb6a.jpg"><img class="attachment wp-att-16341" src="http://blogs.reuters.com/frontrow/files/2009/03/rtxbb6a.jpg" alt="USA-STIMULUS/" width="300" height="200" align="left" /></a>"The purpose is not to be adversarial to the White House," ringleader <a href="http://bennelson.senate.gov">Ben Nelson</a> of Nebraska told reporters on Thursday. Yes, it's the very same Nelson who helped broker the compromise on the $787 billion economic stimulus bill.</p>
<p>But Nelson said many in the group are worried about the overall size of Obama's budget -- $3.55 trillion just for next year -- and others fret about specific initiatives within the budget.</p>
<p>With Republicans already warning they could boycott the Democrats' budget, Senate Majority Leader <a href="http://reid.senate.gov">Harry Reid</a> just may have to pay attention to this group of moderate Democrats if he wants to get a budget passed this spring.</p>
<p>There's plenty at stake: Obama's budget proposal calls for significant expansions of environmental and education programs, establishing new accounts to expand health insurance to those who can't afford it and to combat global warming, along with bringing U.S. combat troops out of Iraq.</p>
<p>"We don't even have a name yet, or a mascot," Nelson quipped. But when asked about possible names, he was quick to blurt out a possibility: "Mod Squad. I just threw that out."</p>
<p>No details yet on specific programs the gang might want to arrest in the budget.</p>
<p><a href="http://www.reuters.com/news/politics">For more Reuters political news, click here.</a></p>
<p>- Photo credit: Reuters/Jonathan Ernst (Senator Ben Nelson with reporters last month)</p>
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		<title>No small differences over Obama&#8217;s treatment of small business</title>
		<link>http://blogs.reuters.com/frontrow/?p=16146</link>
		<comments>http://blogs.reuters.com/frontrow/?p=16146#comments</comments>
		<pubDate>Thu, 26 Feb 2009 21:58:17 +0000</pubDate>
		<dc:creator>Richard Cowan</dc:creator>
		
		<category><![CDATA[Front Row Washington]]></category>

		<category><![CDATA[Barack Obama]]></category>

		<category><![CDATA[budget]]></category>

		<category><![CDATA[small businesses]]></category>

		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/frontrow/?p=16146</guid>
		<description><![CDATA[U.S. budgets can really bring out the passion in people. So much so that it's no wonder it's hard for anyone to agree on how Washington should tax and spend.
When it was released on Thursday, the budget President Barack Obama unveiled sparked a war of words all over the capital. The disagreements were so profound, [...]]]></description>
			<content:encoded><![CDATA[<p>U.S. budgets can really bring out the passion in people. So much so that it's no wonder it's hard for anyone to agree on how Washington should tax and spend.</p>
<p><a title="OBAMA/BUDGET" href="http://blogs.reuters.com/frontrow/files/2009/02/rtxc4aj.jpg"><img class="attachment wp-att-16150 " src="http://blogs.reuters.com/frontrow/files/2009/02/rtxc4aj.jpg" alt="OBAMA/BUDGET" width="300" height="194" align="right" /></a>When it was released on Thursday, the <a href="http://www.whitehouse.gov/omb/budget/">budget President Barack Obama</a> unveiled sparked a war of words all over the capital. The disagreements were so profound, it's almost as if people were looking at two entirely different documents.</p>
<p>Take the impact of Obama's budget on small businesses which, like many in the United States, are reeling from the deep economic recession.</p>
<p>"It is not just misguided, but dangerous to raise taxes on small businesses and families that can't afford to pay," warned <a href="http://cantor.house.gov/">Eric Cantor</a>, the number-two Republican in the House of Representatives.</p>
<p>His fellow conservative, Representative <a href="http://mikepence.house.gov/">Mike Pence</a> agreed. "The administration's budget raises taxes on almost every American. America's hard-working small businesses, family farms...," he said.</p>
<p>Obama's budget calls for raising taxes on those with annual incomes over $250,000.</p>
<p>But Robert Greenstein, executive director of the liberal-leaning <a href="http://www.cbpp.org/">Center on Budget and Policy Priorities</a>, said not so fast. </p>
<p>"This budget is very good for small business. The claim that it hurts small business...is often repeated but inaccurate."</p>
<p>Greenstein cited data that only nine percent of people with small businesses have incomes over $250,000 a year. And most of those people, he said, "are wealthy investors who invest in the businesses, not those who operate them."</p>
<p>Instead of reeling from Obama's budget proposals, Greenstein said small businesses will fall in love with it.</p>
<p>Among benefits he cited: around 90 percent of small business owners would benefit from Obama's proposed middle-class tax cuts and they also would revel in the elimination of the capital gains tax for small businesses.</p>
<p>Greenstein also said small businesses would benefit from Obama's plan to expand health insurance to those who cannot afford it.</p>
<p><a href="http://www.reuters.com/news/politics">For more Reuters political news, click here.</a></p>
<p>- Photo credit: Reuters/Stelios Varias (Copies of Obama's budget outline.)</p>
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		<title>Swift confirmation seen for Obama&#8217;s attorney general pick</title>
		<link>http://blogs.reuters.com/frontrow/?p=14174</link>
		<comments>http://blogs.reuters.com/frontrow/?p=14174#comments</comments>
		<pubDate>Mon, 08 Dec 2008 21:15:33 +0000</pubDate>
		<dc:creator>Richard Cowan</dc:creator>
		
		<category><![CDATA[Tales from the Trail: 2008]]></category>

		<category><![CDATA[attorney general]]></category>

		<category><![CDATA[Barack Obama]]></category>

		<category><![CDATA[eric holder]]></category>

		<category><![CDATA[nominee]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/frontrow/?p=14174</guid>
		<description><![CDATA[At least one key member of Barack Obama's Cabinet could be ready to be sworn into office just hours after Obama takes the oath as president on Jan. 20.
Senate Judiciary Committee Chairman Patrick Leahy says he'll hold confirmation hearings early next month on Obama's choice of Eric Holder to be the nation's top law enforcement [...]]]></description>
			<content:encoded><![CDATA[<p>At least one key member of <a href="http://www.reuters.com/news/globalcoverage/barackobama">Barack Obama</a>'s Cabinet could be ready to be sworn into office just hours after Obama takes the oath as president on Jan. 20.</p>
<p><a title="USA-OBAMA/ANNOUNCEMENT" href="http://blogs.reuters.com/frontrow/files/2008/12/rtr225n6_comp.jpg"><img class="attachment wp-att-14176 " src="http://blogs.reuters.com/frontrow/files/2008/12/rtr225n6_comp.jpg" alt="USA-OBAMA/ANNOUNCEMENT" width="206" height="288" align="left" /></a>Senate Judiciary Committee Chairman Patrick Leahy says he'll hold confirmation hearings early next month on Obama's choice of Eric Holder to be the nation's top law enforcement officer -- attorney general.</p>
<p>Speaking to reporters after a private meeting with Holder, Leahy called the former Clinton administration deputy attorney general "a superb man" and "a prosecutor's prosecutor."</p>
<p>Leahy said he expects Republicans on the Judiciary Committee to press Holder on his role in former President Bill Clinton's pardon of fugitive financier Marc Rich just before Clinton left office in 2001. Karl Rove, an ex-aide to President George W. Bush recently "gave marching orders" to do so, Leahy said.</p>
<p>At the time Clinton issued the pardon, Holder said his view toward it was "neutral, leaning toward favorable."</p>
<p>While living abroad, Rich was indicted in 1983 on charges of tax evasion and illegal trading with Iran. Rich's wife was a large contributor to the Democratic Party and to the presidential library that was being built to house Clinton's papers.</p>
<p><a title="HOLDER/" href="http://blogs.reuters.com/frontrow/files/2008/12/rtr22e7o_comp.jpg"><img class="attachment wp-att-14178 " src="http://blogs.reuters.com/frontrow/files/2008/12/rtr22e7o_comp.jpg" alt="HOLDER/" width="350" height="248" align="right" /></a>If confirmed by the Senate as expected, Holder would become the first black U.S. attorney general and head of the Justice Department, which was rocked by scandal during the tenure of Attorney General Alberto Gonzales.</p>
<p>With the next Congress set to convene on Jan. 6, Leahy said Holder's confirmation hearing likely would be held the first week lawmakers are back, with the goal of a Senate confirmation vote on Jan. 20, the same day Obama is to become the 44th U.S. president.</p>
<p>The 57-year-old Holder is a former D.C. Superior Court judge whose good looks often set jurors' hearts aflutter.</p>
<p><a href="http://www.reuters.com/news/politics">For more Reuters political news, please click here.</a></p>
<p>Photo credit: Top: Reuters/John Gress (Holder listens as Obama announces his national security team Dec. 1 in Chicago); Bottom: Reuters/Larry Downing (Holder meets with Leahy on Capitol Hill Dec. 8  )</p>
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		<title>What&#8217;s Next For Paulson, A Soup Line?</title>
		<link>http://blogs.reuters.com/frontrow/?p=13957</link>
		<comments>http://blogs.reuters.com/frontrow/?p=13957#comments</comments>
		<pubDate>Mon, 24 Nov 2008 18:15:40 +0000</pubDate>
		<dc:creator>Richard Cowan</dc:creator>
		
		<category><![CDATA[Tales from the Trail: 2008]]></category>

		<category><![CDATA[corporate boards]]></category>

		<category><![CDATA[Henry Paulson]]></category>

		<category><![CDATA[management]]></category>

		<category><![CDATA[Republicans]]></category>

		<category><![CDATA[Treasury Secretary]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/frontrow/?p=13957</guid>
		<description><![CDATA[Not likely. But Treasury Secretary Hank Paulson might want to dust off his resume because if the Academy of Management is right, he's probably not going to be getting many fat offers to serve on corporate boards after leaving government in January.
With Democrats in control of both Congress and the White House starting Jan. 20, [...]]]></description>
			<content:encoded><![CDATA[<p>Not likely. But Treasury Secretary Hank Paulson might want to dust off his resume because if the Academy of Management is right, he's probably not going to be getting many fat offers to serve on corporate boards after leaving government in January.</p>
<p>With Democrats in control of both Congress and the White House starting Jan. 20, high-ranking Republicans in the outgoing Bush administration will be less marketable for boardrooms positions, according to the association.</p>
<p>"If a party is shut out of both congressional houses plus the executive branch, as Republicans will be, its members' chance of joining the board of a large corporation is about 30 percent less than it would otherwise be," said Richard Lester of Texas A&amp;M University, who carried out a study for the Academy of Management.</p>
<p><a href="http://blogs.reuters.com/frontrow/files/2008/11/paulson.jpg"><img class="attachment wp-att-13959 " src="http://blogs.reuters.com/frontrow/files/2008/11/paulson-300x200.jpg" alt="" width="300" height="200" align="left" /></a>Helping Paulson and several of his White House colleagues, though, is that Cabinet members are the most likely among retiring governmental officials to be recruited to serve on corporate boards.</p>
<p>"They were more than twice as likely as former senators, and more than five times as likely as former representatives, to be appointed corporate directors during the 16 years covered by the research -- 1988 through 2003," according to the association.</p>
<p>Not to pick on Paulson -- there are more than a dozen Cabinet members -- but he has become one of the highest-profile, most controversial of Bush's aides for the way he has been handling the $700 billion financial industry bailout.</p>
<p>But Paulson's a survivor. This former Nixon administration official left government the first time around in 1973 (like a lot of his colleagues) and quickly worked his way up the ladder at investment firm Goldman Sachs, finally serving as chairman and CEO when he got his Treasury job.</p>
<p>Photo credit: Reuters/Larry Downing  (U.S Treasury Secretary Paulson with President Bush outside Treasury Building in Washington)</p>
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