- Obama military downsizing leaves U.S. too weak to counter global threats, panel finds
- Sen. Tom Coburn vows to slow down budget-busting bills ahead of recess
- Obama fantasizes about more executive power, signs new order on federal contractors
- Clintons call Klein, Halper, Kessler ‘a Hat Trick of despicable actors’: report
- Boehner accuses Obama of ‘legacy of lawlessness’
- Pro-marijuana group claims responsibility for Brooklyn Bridge flag swap
- Young adults shun Obamacare mostly due to cost: survey
- Stabbing attack on transgender girl, 15, was ‘bias motivated,’ police say
- LGBT adults still lean overwhelmingly toward Democratic Party
- Lawmakers rattled by Syria genocide horrors, call on Obama to act
Question of the Day
Geithner: Obama won’t ask me to stay in post
“He’s not going to ask me to stay on, I’m pretty confident,” Mr. Geithner said in a Bloomberg Television interview. “I’m also confident he’s going to have the privilege of having another Treasury secretary.”
Mr. Geithner is the only remaining top official on Mr. Obama’s original economics team. He had considered leaving in August after the congressional battle over raising the debt limit was resolved.
Mr. Obama asked him to reconsider and remain in the Cabinet, and Mr. Geithner did. But the incident heightened expectations that Mr. Geithner would serve only through the 2012 election.
Giffords resigns seat to focus on recovery
Rep. Gabrielle Giffords has resigned from the House with a standing ovation from her colleagues, more than a year after she was gravely wounded by a would-be assassin.
The Arizona congresswoman formally resigned after a series of tributes from her colleagues. She’s stepping down to focus on her recovery from a gunshot wound to the head.
As Ms. Giffords sat in the chamber’s front row, lawmakers praised her dignity, grace and perseverance. Her mother, Gloria, and husband, retired Navy Capt. Mark Kelly, who is a former astronaut, watched from the gallery. Ms. Giffords stood in the well of the House as her close friend, Rep. Debbie Wasserman Schultz, read her resignation letter. Other members of the Arizona delegation surrounded her.
Democrats promise to push tax agenda
President Obama’s Democratic allies in the Senate promised Wednesday to press ahead this year with legislation drawn from his plans to require millionaires pay at least 30 percent in taxes and curb tax preferences for companies that ship jobs overseas.
Senate Democratic leaders promise votes soon on such tax “fairness” initiatives, which were a key theme of Mr. Obama’s State of the Union address Tuesday night. They include the so-called Buffett rule, named for a recommendation by billionaire financier Warren Buffett that he be required to pay a higher rate than his secretary. He currently benefits from a low 15 percent tax rate on investments.
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