Summit Notebook

Exclusive outtakes from industry leaders

Beautiful or ugly we’re all in this together – or not

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The massive overhaul of the U.S. healthcare system backed by President Barack Obama could face a court challenge if it is ever enacted into law.

Republican Senator Charles Grassley, speaking at the Reuters Washington Summit, said a number of people, including Republican Senator Orrin Hatch, have questioned whether it is constitutional for the government to require U.S. citizens and residents to purchase a product offered by private, for-profit companies.

WASHINGTON-SUMMIT/The U.S. Constitution gives Congress the power to regulate interstate commerce.

But many conservatives believe that clause does not allow Congress to require U.S. residents to purchase a good or service.

Healthcare reform legislation would require U.S. citizens and residents to purchase healthcare insurance, with the federal government providing subsidies to help low and moderate income people afford it.

Napolitano: recommendations split on threat color system

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U.S. Homeland Security Secretary Janet Napolitano says she is reviewing recommendations on the color-coded threat alert system and experts are evenly split over its usefulness.

She said the committee of experts that made the recommendations to her were “equally divided, 50-50″ on whether the color-coded threat alert system developed after the Sept. 11 attacks was useful. It currently stands at “yellow” for elevated.

Grassley grades Obama’s performance C to F

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We asked Senator Charles Grassley to grade President Barack Obama’s performance (close your ears Sasha and Malia) and the top Republican on the Senate Finance Committee was a bit of a tough schoolmaster.

“He’s still learning an awful lot,” Grassley said at a Reuters Washington Summit.

Washington divided, more trouble ahead for Obama?

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Washington insiders say that not since the 1890′s have the people that represent the U.S. been so divided. From Gay rights to Afghanistan lawmakers are at polar opposites on issues that are on the Obama administration’s agenda. What’s next? And, what’s likely to get the green light or the stop sign?

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