June 2012

Jun 26, 2012

On the Campaign Trail, Obama and Romney React to the Justices’ Decision

By Helene Cooper and Trip Gabriel, The New York Times

The Supreme Court’s decision on Arizona’s strict immigration law gave President Obama another shot at energizing Latino voters, while Mitt Romney defended states’ aggressive efforts to fight illegal immigration. For Mr. Obama, both parts of the court’s split decision — striking down most of the law while letting stand the most controversial provision, which critics have dubbed “show me your papers” — have the potential to encourage get-out-the-vote efforts. He appealed to voters worried about racial profiling, given that the provision of the law the court let stand requires police offers to check for proof of legal residence.

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Narrow win for Arizona immigration law

With Pete Williams, NBC News

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Analysis: What takes so long? Behind the scenes at Supreme Court

By Joan Biskupic, Reuters

During a break from the crush of last-minute opinion-writing, U.S. Supreme Court Justice Ruth Bader Ginsburg told an audience of 1,000 people this month at a Washington legal convention: "It is flood season at the court." For the rest of the country it had been more like a drought, a stretch of weeks without any word in the most closely watched cases - the blockbuster challenges to President Barack Obama's healthcare plan and Arizona's crackdown on illegal immigration.

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Jun 25, 2012

Romney's arithmetic problem

By Doyle McManus, The Los Angeles Times

Here's an issue that hasn't been debated much in the presidential campaign but ought to be: How much should we spend on defense? President Obama has proposed keeping the Pentagon budget essentially flat for the next 10 years. Mitt Romney, by contrast, wants to increase defense spending massively — by more than 50% over current levels, according to one estimate. That could mean almost $2 trillion in additional military spending over 10 years.

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Egypt Results Leave White House Relieved but Watchful

By Helene Cooper and Eric Schmitt, The New York Times

The Obama administration, expressing relief on Sunday that the Muslim Brotherhood’s candidate will be Egypt’s next president, voiced cautious optimism that the choice could keep the country’s rocky transition to democracy on track.

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Health Care Decision Due This Week

With Pete Williams, NBC News

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The Cornerstone

By Beth Reinhard, National Journal

Florida’s Hillsborough County, the site of this summer’s GOP convention, voted for Bush twice and then flipped to Obama. Winning here in 2012 might hold the key to the entire election.

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BIS Official Warns of Central-Bank Overreach

By David Wessel, The Wall Street Journal

Jaime Caruana, general manager of the Bank for International Settlements and former governor of the Bank of Spain, warned Sunday that the recent aggressiveness of the world’s central banks may be creating “unrealistic expectations” about their power to “resolve the fundamental problems that hold back sustainable growth” and argued that more central bank action poses unwelcome risks.

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Jun 22, 2012

The Border Battle

With John Harwood, CNBC

CNBC's John Harwood reports on the details of Romney's immigration plan; and Henry Cisneros, CityView chairman & CEO; and T.J. Rodgers, Cypress Semiconductor CEO, weigh in on the presidential election and border militarization reforms.

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Commerce Secretary Resigns

By Peter Baker, The New York Times

John E. Bryson announced his resignation as President Obama’s commerce secretary on Thursday, citing medical reasons after an episode in which he had a seizure and was involved in a sequence of car crashes. Mr. Bryson, a longtime California electricity conglomerate executive, served in the cabinet for just eight months and had kept a low profile in Washington during his short tenure. But that changed when he was found unconscious behind the wheel of his car in California earlier this month after reportedly hitting two other vehicles.

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Supreme Court health-care ruling likely to have long-term fallout

By Karen Tumulty, The Washington Post

Though no one outside the Supreme Court has an inkling how it is going to rule on President Obama’s health-care law, the political fallout — at least initially — is easy to predict. If the law is upheld in full, the decision will be hailed as a triumph for Obama and his leadership. If it is struck down entirely, Republicans will claim vindication in their unanimous opposition to what they see as a massive overreach of government.

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Hoyer: House majority relies on Obama victory

By Susan Davis, USA Today

The House's number two Democrat said he believes the party will win control of the U.S. House this November, but President Obama must win re-election for it to happen. "In order for us to win back the House, the president will have to win this election," Hoyer said today. "And I think he will win this election."

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