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Time running out for Sarah Palin

The clock is ticking for Sarah Palin, and her time is almost up. With Mitt Romney and Rick Perry taking control of a quickly shifting Republican presidential campaign, Palin may have already missed her best chance for a late entry in the race. “I think the window for Palin is closed, and every second that ticks off the clock things get more and more difficult for her,” said Craig Robinson, a former state party political director who runs the Iowa Republican website. “People are really ready to say this is our field of candidates, these are the people we have
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U.S. on alert over terror threat

President Barack Obama on Thursday ordered a redoubling of U.S. counter-terrorism efforts in the face of a “credible but unconfirmed” threat ahead of the 10th anniversary of the September 11, 2001 attacks. U.S. officials, speaking to Reuters on condition of anonymity, said the threat involved Washington D.C. and New York City, which were targeted in al Qaeda attacks a decade ago this Sunday that killed nearly 3,000 people. A counter-terrorism official said intelligence pointed to possible car bomb attacks and added the threat information came from Pakistan’s tribal areas. A manhunt was underway for two or three suspects, who one
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Obama pitches jobs plan

Wasting no time, President Barack Obama is pitching to the public his $447 billion jobs program of tax cuts and new spending after bluntly telling Congress to “stop the political circus” and fix the economy. But that doesn’t mean Republicans are buying. “The proposals the president outlined tonight merit consideration,” House Speaker John Boehner, R-Ohio, said Thursday after Obama, in a nationally televised address to Congress, laid out an agenda that leaned heavily on payroll tax cuts to put money into the economy. “We hope he gives serious consideration to our ideas as well. “It’s my hope that we can
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Republicans on ‘super committee’ want tax reform

The congressional “super committee” on deficit reduction should consider comprehensive tax reform, two Republican members of the panel said on Thursday at the bipartisan committee’s first meeting. Representatives David Camp, chairman of the House Ways and Means Committee, along with Senator Rob Portman said such reform could be a key to bringing down the deficit and spur economic growth. Related articles Republicans push tax reform in U.S. deficit panel (business.financialpost.com) Tax reform could be too big for super committee (money.cnn.com) Deficit super committee kicks off first meeting (cbsnews.com) House Democrats eye super committee tax options (huffingtonpost.com)
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Can Michelle Bachmann jump start her fading campaign?

Republican Michele Bachmann‘s presidential campaign fell just as quickly as it rose. Now, she’s looking to Iowa — at the expense of other early voting states — to get back on track. It’s a strategy of necessity for the Minnesota congresswoman. A victory in Iowa this winter would keep her afloat in the GOP nomination fight; a loss would almost certainly end her bid. “We know that when Michele is in Iowa, she wins,” said Bachmann’s Iowa campaign chairman, Kent Sorenson. “If she’s here, she’ll win Iowa.” That explains why, starting this weekend, Bachmann plans to campaign almost exclusively in
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Perry, Romney go after each other in GOP debate

Quick to tangle, Republican presidential rivals Rick Perry and Mitt Romney sparred vigorously over job creation and Social Security Wednesday night in a feisty campaign debate that marked a contentious new turn in the race to pick a 2012 challenger to President Barack Obama. Far more than in earlier GOP debates this summer, the candidates mixed it up in their first faceoff since Perry entered the race and almost instantly overtook Romney as front-runner in opinion polls. Those two — as well as other contenders on stage — sniped at one another, contradicted allegations and interrupted media questioners to demand
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Perry, Romney both twist facts in debate

When Mitt Romney and Rick Perry thumped their chests over their job-creation records as governor during the Republican presidential debate Wednesday night, they left the bad parts out. Yes, employment has grown by more than 1 million since Perry took office in Texas. But a lot of those jobs are not well paid. True, unemployment dropped to 4.7 percent when Romney was Massachusetts governor. But the state’s employment growth was among the nation’s worst. A look at some of the claims in the debate, and how they compare with the facts: ___ PERRY: “Ninety-five percent of all the jobs that
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GOP debate ramps up jobs pressure on Obama

The Republican presidential debate made two things clear: The 2012 contest is focused more than ever on jobs, and the GOP field is led by two men who can make plausible, though certainly imperfect, claims of experience in job creation. President Barack Obama, already under pressure to present a compelling new job-expansion strategy in his nationwide address Thursday, will now feel even more urgency. The California forum Wednesday night covered several topics, but above all it helped Rick Perry and Mitt Romney showcase their credentials and proposals on the jobs front. Unlike Obama, they don’t have to offer detailed plans
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Can Obama salvage his failed Presidency?

With millions of Americans out of work and out of patience, President Barack Obama is going before a skeptical Congress to pitch an economic plan aimed at creating jobs urgently and forcing Republicans to own the problem with him. The underlying political strategy: If Obama can’t get his ideas passed heading into his re-election year, he at least hopes to show why he shouldn’t take the fall. In his speech Thursday, Obama is likely to offer at least a $300 billion package of ideas that would affect people in their daily lives — tax relief, unemployment insurance, spending to support
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Congress returns to face the same old fights

Fights large and small await Congress as it gets back to business, with jobs and budget cuts topping a contentious agenda that also includes a lengthy roster of lower-profile but must-do items that also are potential victims of partisan gridlock. President Barack Obama is to unveil his jobs agenda in a nationally televised address Thursday night, but early glimpses of the package show it relies heavily on extending expiring programs. Obama is expected to propose $300 billion in tax cuts and federal spending to get Americans working again. Republicans on Tuesday offered to compromise with him on jobs — but
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