Obama signals may compromise on tax cuts

WASHINGTON (Reuters) – President Barack Obama gave his clearest signal yet on Saturday of a possible post-election compromise with resurgent Republicans that could prevent tax rates from rising for any American, even the wealthiest, come January. Read the full story from Reuters

Summers sees prospects for eventual budget deal

WASHINGTON (Reuters) – A bipartisan agreement to tackle huge budget deficits is achievable, though it would take a lot of work, outgoing White House economic adviser Larry Summers said on Friday. Read the full story from Reuters

Speaker Pelosi running for House minority leader

WASHINGTON (Reuters) – Speaker of the House of Representatives Nancy Pelosi ended speculation that she may quietly step aside after her Democrats lost midterm elections, announcing on Friday she will run for minority leader in the new Republican-led chamber next year. Read the full story from Reuters

Obama heads to Asia, hopes to deliver on jobs

WASHINGTON (Reuters) – President Barack Obama launched a 10-day trip to Asia Friday aimed at boosting exports and creating U.S. jobs, three days after voters punished his Democrats for stubbornly high unemployment. Read the full story from Reuters

White House sees little change in foreign policy

ABOARD AIR FORCE ONE (Reuters) – President Barack Obama’s top security adviser said on Friday he expected Republicans to continue to support the administration’s foreign policy strategy in the wake of the opposition party’s capture of the House of Representatives. Read the full story from Reuters

Group asks high court to end military gay ban

WASHINGTON (Reuters) – A gay rights group asked the Supreme Court on Friday to overturn a federal appeals court ruling that allowed the Pentagon to maintain its ban on gays serving openly in the U.S. military. Read the full story from Reuters

Bush considered attack on Syrian facility: book

WASHINGTON (Reuters) – Former President George W. Bush says he considered ordering a U.S. military strike against a suspected Syrian nuclear facility at Israel’s request in 2007 but ultimately opted against it. Read the full story from Reuters

Demoralized Democrats ponder the future

WASHINGTON (Reuters) – Demoralized Democrats face an uncertain future after their bruising U.S. election losses, and the soul-searching and finger-pointing already have begun. Read the full story from Reuters

Obama’s signal and elections tilt Bush-era tax debate

WASHINGTON (Reuters) – President Barack Obama’s new willingness to work with Republicans on tax policy after his Democrats were routed in congressional elections boosts the chances tax rates will not rise for any American, including the wealthiest, come January. Read the full story from Reuters

U.S. defends human rights record at U.N.

GENEVA (Reuters) – The United States weathered criticism of its human rights record from friends and foes alike on Friday in a United Nations forum that the former Bush administration had boycotted as hypocritical. Read the full story from Reuters