Friday, January 29, 2010

CQ Today Midday Update

Highlights from today's news on CQ.com

Midday Update for Friday, January 29, 2010

In This Issue

  • Obama Budget Will Assume Revenue From Climate Law
  • With Eye on Congress, Administration Rethinks Terror-Trial Venue
  • Indiana's Rep. Buyer Retiring
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Today in Washington

The House is not in session.

The Senate is not in session.

The President meets with his Cabinet; travels to Baltimore to speak at House Republicans' policy conference; returns to Washington for a meeting with Treasury Secretary Timothy F. Geithner.

In Washington, The Washington Auto Show continues at the Washington Convention Center, Mount Vernon Square N.W.

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Top Stories

Obama Budget Will Assume Revenue From Climate Law

President Obama's fiscal 2011 budget will project hundreds of billions of dollars in new federal revenue from a proposed comprehensive cap-and-trade climate law, according to Democratic aides — despite dimming prospects for enacting such legislation this year. [Read More]

With Eye on Congress, Administration Rethinks Terror-Trial Venue

The Justice Department is looking for an alternate venue outside of Manhattan to put five alleged terrorists on trial, after running into bipartisan resistance from Congress and New York officials. [Read More]

Indiana's Rep. Buyer Retiring

Rep. Steve Buyer, R-Ind., said at a tearful press conference in Indianapolis that he is forgoing a bid for a 10th term so he can spend more time with his wife, whom he said has an "incurable autoimmune disease." [Read More]

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Political Clippings

According to the Boston Herald, "Joseph P. Kennedy II said he regrets not seeking the U.S. Senate seat vacated by his uncle," but the Democratic former congressman "won't challenge U.S. Sen.-elect Scott Brown in 2012." The newspaper asked Kennedy if Brown's victory over Martha Coakley made him regret his decision not to enter the race to succeed the late Sen. Edward M. Kennedy. "The thought has crossed my mind," Kennedy said. "Maybe that wasn't the greatest decision I ever made." He made the remark while delivering heating oil to a needy couple in Brighton, Mass., for his nonprofit Citizens Energy Corp. He added that he wasn't surprised that Coakley lost. "To be honest with you, I was surprised that [Brown' s] margin was as small as it was," he said, according to the Herald.

The Dallas Morning News reports, "One day after skipping the State of the Union address to campaign in Dallas" in the Texas governor race, Republican Sen. Kay Bailey Hutchison "jetted back to Washington to oppose the reappointment of Federal Reserve Chairman Ben Bernanke on Thursday. The two high-profile events – one missed and one attended – are part of a tricky political and scheduling calculus that Hutchison's gubernatorial campaign is trying to solve as the March primary approaches. She must be both senator and candidate, and balancing those two can be nearly impossible." The newspaper notes: "She started this week campaigning in the Panhandle with former House Majority Leader Dick Armey. She spent Tuesday in Washington, then flew to Dallas to meet with constituents Wednesday. She was back in D.C. Thursday but will return to Dallas today for the second gubernatorial debate."

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