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Obama firm, won't yield on tax hike for wealthiest (AP)AP - Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans — and some fellow Democrats — just two months before bruising midterm elections.
Gulf compensation chief retreats from promises to speed claims process (Exclusive to Yahoo! News)
Exclusive to Yahoo! News - Just over two weeks ago, Kenneth Feinberg took over the process for handling damage claims from the Gulf oil spill, pledging to cut down the response time from BP’s widely criticized system to two days for individuals and seven days for businesses that file fully documented claims.
Fears of a second recession ease, at least for now (AP)
AP - No, the economy isn't roaring ahead. And no, companies aren't making lots of job offers. But a fresh batch of economic data Thursday at least eased summertime fears that the economy might be on the brink of another recession.
Biden thanks Bush, troops on ‘The Colbert Show’ (The Upshot)
The Upshot - Vice President Joe Biden publicly thanked former President George W. Bush for his role in helping to end major combat missions in Iraq, allowing that even though they had disagreed on "policy," the 43rd president deserves "a lot of credit." Appearing on "The Colbert Show" Wednesday night during a week of episodes devoted to honoring [...]
Who Wants to Be Next Mayor of Chicago? (Time.com)
Time.com - The floodgates have opened with Richard Daley's surprise decision not to run for a seventh term. But the wannabes don't have much time.
Would raising taxes on the rich help or hurt the economy? (McClatchy Newspapers)
McClatchy Newspapers - WASHINGTON — Raising taxes on the wealthiest Americans, as President Barack Obama proposes to do, probably wouldn't wreck the moribund U.S. economy, but extending the tax cuts they've enjoyed since 2001 could spur some economic benefit.
How GOP front-runners are commemorating 9-11 (The Upshot)
The Upshot - One of the narratives of the summer has been the Republican Party's changing attitude toward Islam as seen in the response to the proposed mosque near Ground Zero. A few Republicans considered front-runners for the 2012 presidential nomination have taken very strong stances against the facility, known as the Park51 Islamic Center, aligning themselves with [...]
Clinton vets say 2010 is no 1994 (Politico)
Politico - Even as they worry about an enthusiasm gap, they say it won’t be as big a disaster as 16 years ago.
Warren delay has Wall St. wondering (Politico)
Politico - Some banking executives ask why Obama is taking so long to nominate a consumer protection chief.
Fla. minister cancels burning of Qurans on 9/11 (AP)
AP - The leader of a small Florida church that espouses anti-Islam philosophy says he is canceling plans to burn copies of the Quran on Sept. 11.