BARACK OBAMA

U.S. defense bill would pay Taliban to switch sides

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The defense bill President Barack Obama will sign into law on Wednesday contains a new provision that would pay Taliban fighters who renounce the insurgency, Senate Armed Services Committee Chairman Carl Levin said on Tuesday.
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Daily Outlook - Oct 27

Gears Begin Moving on Climate Bill ; Smart Grid to Get Big Boost; Corporate Spending Set to Rise
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U.S. welcomes yuan rise so far, wants more

The United States welcomes the rise in the yuan's exchange rate in recent years but wants the currency to climb further, visiting Commerce Secretary Gary Locke said on Tuesday.
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Obama to give $3.4 billion in grants for smart grid

President Barack Obama on Tuesday will announce $3.4 billion in government grants to help build a smart electric grid that will save consumers money on their utility bills, reduce blackouts and carry power supplies generated by solar and wind energy, the White House said.
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Senate panel kicks off climate bill drive

A Senate committee on Tuesday launches three long days of hearings on a Democratic climate bill in a bid to further convince an international summit in December that Washington is serious about tackling global warming.
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Reid says healthcare bill to include public option

Senate Democratic leader Harry Reid said on Monday the Senate's sweeping healthcare reform bill would include a government-run insurance plan that lets states opt out of participation if they choose.
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Obama readies tougher too big to fail strategy

The Obama administration within days will move to get tougher with large financial firms that are in trouble by urging Congress to let the government seize control, wipe out shareholders, boot management and restructure debts, an administration official said on Monday.
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Obama plans big smart grid announcement

President Barack Obama will announce the largest investment of economic stimulus funds in clean energy during a visit to Florida, an Obama administration official said on Monday.
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How much is too much government debt?

When it comes to borrowing trillions of dollars, it helps to have a golden reputation, a steady income stream, and plenty of rich, trusting friends.
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Senate Democrats close in on health reform votes

Senate Democratic leaders are close to securing enough votes to advance a sweeping healthcare reform backed by President Barack Obama, a top Senate Democrat said on Sunday, adding that it likely would include a national health plan that would allow states the option of dropping out.
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Healthcare system wastes up to $800 billion a year

The U.S. healthcare system is just as wasteful as President Barack Obama says it is, and proposed reforms could be paid for by fixing some of the most obvious inefficiencies, preventing mistakes and fighting fraud, according to a Thomson Reuters report released on Monday.
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Health reform moves to close U.S. Medicare drug gap

Democratic leaders moved on Friday to build support among the elderly for a massive overhaul of the U.S. healthcare system, saying the measure would immediately start closing a gap in Medicare prescription drug coverage.
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Karzai rival sets ultimatum ahead of Afghan run-off

President Hamid Karzai's rival in a November 7 run-off presidential vote demanded on Monday that Afghanistan's chief election official be sacked, laying out a ultimatum that could complicate the pre-election process.
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Shots fired to disperse Afghan Koran protest

Afghan police fired into the air on Sunday to break up a protest by thousands of people who had gathered in the capital, Kabul, to protest against what they said was the desecration of a copy of the Koran by foreign troops.
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Taliban threaten Afghan run-off vote

The Taliban called on Afghans on Saturday to boycott next month's presidential election run-off and vowed to disrupt voting in a repeat of their threat to derail the disputed first round.
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Health reform a slow moving freight train

Health reform negotiations have moved behind closed doors in Congress, but chances are high that a bill will pass this year -- even if it doesn't do all that much to revamp the nation's swelling $2.5 trillion health care system.
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Obama sees consensus growing on climate change bill

President Barack Obama said on Friday he saw consensus building in the U.S. Congress on climate change and energy legislation that is considered critical to international talks on a new global warming pact.
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Democrats gauge options on public health plan

Democrats in the U.S. House of Representatives struggled on Friday to agree on which version of a government-run health insurance plan to include in a reform bill, but said one was certain to be in the final legislation.
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Karzai says wants better Afghan election run-off

Afghanistan's Hamid Karzai said he wanted a better and cleaner presidential election run-off in November to bring stability at a time when Taliban violence is at its worst in eight years of war.
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President Hu talks with Obama on climate deal

Chinese President Hu Jintao, made the fifth phone conversation with U.S. President Barack Obama Wednesday. President Hu expressed his confidence that a positive outcome at the upcoming Copenhagen world climate summit in December could be provided improvement in bilateral relations and faced the weather pattern challenge.

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