Tuesday, January 08, 2008

CQ Today Midday Update

Highlights from today's news on CQ.com
Midday Update for TUESDAY, JAN. 8, 2008 – 2 P.M.

In This Issue

  • Growing Deficit Adds to Complexity of Budget Decisions
  • U.S. Chamber Urges Targeted Mortgage Help, Tax Stimulus
  • Dispute Over FEC Nominations Stalls Enforcement of Bundling Law
  • Iowa: Someone Still Loves You
  • Political Trivia for Jan. 8
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Today in Washington

The House is not in session; reconvenes for business on Jan. 15.

The Senate  is not in session; reconvenes for business on Jan. 22.

The President meets with Turkish President Abdullah Gul at the White House; departs for Middle East trip.

In Washington, the Central Asia-Caucasus Institute at SAIS, Johns Hopkins University, hosts a discussion, “CAREC (Central Asia Regional Economic Cooperation Program): A coming forth in regional affairs?” 5-7 p.m., Rome Auditorium, Rome Building, 1619 Massachusetts Ave., N.W.

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Top Stories

Growing Deficit Adds to Complexity of Budget Decisions

Concerns about a slowing economy and growing deficit are sure to become part of this year’s debate in Congress over efforts to balance the federal budget.  [Read More]

U.S. Chamber Urges Targeted Mortgage Help, Tax Stimulus

Amid the ongoing housing collapse and credit crunch, the U.S. Chamber of Commerce favors helping “responsible” homeowners stay in their homes, while opposing help for speculative real estate buyers.  [Read More]

Dispute Over FEC Nominations Stalls Enforcement of Bundling Law

A Senate standoff over nominations to the Federal Election Commission has left the agency unable to implement, much less enforce, the bundling provision in a new lobbying law.  [Read More]

Iowa: Someone Still Loves You

The presidential candidates may have moved on to New Hampshire and beyond, but Iowans still can count on visits from at least one politician.  [Read More]

Political Trivia for Jan. 8

When was the last U.S. House special election in Indiana?  [Read More]

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Political Clippings

The Coeur d’Alene Press reports that Post Falls, Idaho, businessman Richard Phenneger, 71, a retired Air Force and airline pilot, “wants to restore ethics and accountability to the U.S. Senate. Which is why at 71 years of age, he’s . . . seeking the seat currently held by Republican Larry Craig,” who is retiring. “Phenneger commissioned a survey by Robinson Research, a Spokane polling company, to test the political climate in North Idaho. He presented a thick data file that shows only 21 percent of Idahoans are happy with Senate candidates Jim Risch and Larry LaRocco. The poll surveyed 400 Idaho residents between Nov. 26 and Dec. 12.” Also running for the open seat are Republicans Rex Rammell, Scott Syme and Ken Marmon.

According to the Bloomington (Ill.) Pantagraph, “area Democrats are working to find a candidate to try to run for U.S. Rep. Ray LaHood’s seat in Congress, even though they can’t make any official decisions for a month,” when Democratic county leaders in the 18th Congressional District will choose a replacement for “former college and professional basketball coach Dick Versace, who dropped his Democratic bid last month.” Three Republicans are already in the race to succeed LaHood: economic developer Jim McConoughey, former Peoria City Councilman John Morris and state Rep. Aaron Schock of Peoria. “The seat has been held by a Republican for decades.”

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Today on Governing.com

State and local government news from CQ’s sister publication
LOS ANGELES: Controller: City's Lawsuit Handling 'Knee-Jerk'
BALTIMORE: City Sues Lender to Stem Foreclosures
SEATTLE: Feds Launch Criminal Probe of Port
THE MILWAUKEE REGION: Costs Sidetrack Commuter-Rail Push
INDIANA: Governor Still Has Ambitious Privatizing Plans
FLORIDA: Tribe Pays State $50 Million in Gambling Deal

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