National Journal Online

Repatriation Tax Holidays Don't Create Jobs, Levin Says

Companies awarded tax holidays in 2004 for bringing profits back to the U.S. ended up cutting jobs rather than creating them, according to a report from the Democratic staff of the Senate Permanent Subcommittee on Investigations released Monday night.

The report found that the 15 companies which repatriated the most of their earnings cut a net 20,931 jobs between 2004 and 2007.

Posted: Tuesday, October 11, 2011 - 9:40am

Members Bare It All in C-SPAN's Body Issue, Plus: Happy Birthday Bo Obama! -- VIDEO

As the Obamas celebrate their dog Bo's third birthday this week, David Letterman points out some facts that you might not know about the first family's pet:

Bo "has the lowest approval rating of any White House dog going into an election year," Letterman joked. "Do you know the difference between Obama's dog and the economy? ... Obama fixed the dog."

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Posted: Tuesday, October 11, 2011 - 9:40am

Report: Obama Met With Romney Advisers to Discuss Health Care Reform

Though presidential candidate Mitt Romney shuns the term “Romney-care,” White House records show his top advisers helped the president draft the federal health care law, according to NBC News.

President Obama cited the health care law that Romney enacted as governor of Massachusetts as an inspiration for the Affordable Care Act, which passed in March 2010. But Romney discounted any association with Obama’s plan when he began campaigning in April.

Posted: Tuesday, October 11, 2011 - 9:40am

Hotline Sort: Try, Try Again

Welcome back to Hotline Sort. Elizabeth Warren posts an eye-popping fundraising haul in Massachusetts, while David Dewhurst makes a strong statement in Texas. Romney is looking strong in New Hampshire and takes the lead in the Iowa caucuses. And Linda Lingle could make Hawaii an unlikely Senate battleground.

Posted: Tuesday, October 11, 2011 - 9:40am

Plouffe Says President Not Worried by Numbers

White House senior adviser David Plouffe told NBC that members of the Occupy Wall Street movement will find common ground with President Obama’s 2012 platform. Speaking on Today on Tuesday morning, Plouffe drew a hard line between Obama’s economic policies, which he says will rebuild the middle class, and those put forward by Republican candidates.

“For people who are  concerned about this financial system, I think there’s going to be a clear difference in this election,” Plouffe said.

Posted: Tuesday, October 11, 2011 - 9:40am

Poll: Allen, Kaine Still Tied in Va. Senate Race

Former Virginia Gov. Tim Kaine and former Sen. George Allen, R-Va., remain deadlocked in the race to become the Old Dominion's next senator, according to a new Quinnipiac University poll released Tuesday.

Kaine leads Allen, 45 percent to 44 percent. In all three surveys Quinnipiac has conducted in the race this year, the two likely candidates have never been separated by more than a point.

Posted: Tuesday, October 11, 2011 - 9:40am

Race to the Top's Long Shadow

The Race to the Top competitive grant program is one of President Obama's proudest accomplishments, but its relevance may be fading as money runs out and other education policies compete for space on the national stage. Senate lawmakers this week are expected to unveil a draft bill to reauthorize the 2001 No Child Left Behind law. The Education Department is offering to waive some of the more onerous provisions of the law if states meet certain criteria.

Posted: Tuesday, October 11, 2011 - 9:40am

About Those Bicycles

Congress has put off its fight over surface transportation funding until early next year, and for that we all can breathe a sigh of relief. Still, conservatives like Sen. Tom Coburn, R-Okla., have made it clear that unresolved issues remain for lawmakers when they start discussing transportation policy in earnest. Coburn objected to the "transportation enhancement" funding in the stopgap funding extension as "an indefensible threat against public safety that forces states to prioritize bike paths over bridge repair," according to his spokesman.

Posted: Tuesday, October 11, 2011 - 9:40am

Lingle Running For Senate In Hawaii

Former Hawaii Republican governor Linda Lingle will announce she's running for the Senate for the seat of retiring Sen. Daniel Akaka, D-Hawaii, according to the Honolulu Star-Advertiser. Her decision gives Republicans a shot at competing in the state's open-seat race, given her past ability to win in a solidly Democratic state.

The paper reported she will be announcing her candidacy Tuesday at a luncheon with business leaders in Honolulu.

Posted: Tuesday, October 11, 2011 - 9:40am

Polls: Romney Maintains Lead on Eve of Next Debate

Mitt Romney, Herman Cain and Texas Gov. Rick Perry comprise the top tier of the field of Republican presidential candidates before the next in a series of televised debates, according to two new polls of national GOP primary voters released Monday.

In each survey, Romney, the former Massachusetts governor, leads, followed by Cain and Perry, whose fortunes have reversed over the past two weeks, with the former Godfather's Pizza CEO climbing into second place and the Texas governor sinking from first to third.

Posted: Monday, October 10, 2011 - 6:40pm