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ABC News: Iraq or Afghanistan? Obama And McCain Spar Over Which War To Win (U.S., 24 articles)
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WASHINGTON - Senator Barack Obama said on Tuesday that the addition of tens of thousands of combat troops to Iraq last year had significantly reduced violence in the country. According to excerpts released by the campaign, the goals include ending the war in Iraq, wrapping up the fight against al Qaeda, securing nuclear weapons from rogue states, achieving energy security and rebuilding alliances. Moments earlier, his Democratic rival , Barack Obama, said in a speech in Washington that the U.S. must end the war in Iraq and that Afghanistan, by contrast, is " a war that we have to win. Barack Obama has said his main priority as US president will be to end the US involvement in Iraq. The proposed increase of about 7,000 troops is part of Obama's plan to pull combat troops out of Iraq and focus on the growing threat from a resurgent Al Qaeda in Afghanistan. WASHINGTON - The Bush administration is considering the withdrawal of additional combat forces from Iraq beginning in September, according to administration and military officials, raising the prospect of a far more ambitious plan than expected only months ago.
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Treasury Acts to Shore Up Fannie Mae and Freddie Mac (U.S., 27 articles)
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As share prices in the nation's largest mortgage companies tumbled for a third day, Massachusetts Democratic Rep. Barney Frank said Democrats plan to alter the Treasury's plan " to enhance taxpayer protection. Fresh credit concerns also drove regional banking stocks lower as Federal Reserve Chairman Ben Bernanke said financial markets remain under " considerable stress. The US government has announced sweeping measures to shore up the nation's two largest mortgage finance companies, Freddie Mac and Fannie Mae.
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Israel and Hezbollah set for swap (World, 11 articles)
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Hezbollah has been touting the prisoner exchange deal with Israel as confirmation that the Shi'ite militant group ultimately defeated Israel in the Second Lebanon War, but the swap is at least as much of a Hezbollah victory within Lebanon. Consider the Harans and the Goldwassers, two families in Nahariya linked by shocking killings nearly 30 years ago that have returned anew to break mothers' hearts. The Israeli government on Tuesday gave final approval to a controversial prisoner swap with Hizbollah, paving the way for the release of the two Israeli soldiers whose capture triggered Israel's war with the Lebanese Shia group two years ago.
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Bush: Offshore drilling will have psychological impact - (U.S., 11 articles)
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WASHINGTON President Bush lifted a long-standing White House ban Monday on new oil and gas drilling off the nation's coastlines and pressured Congress to take a similar step, stoking the battle over how Washington should respond to high gasoline prices. Bush's decision to lift the executive order, which was imposed by his father in 1990 and renewed by President Clinton, will have no effect unless Congress cancels its own ban on offshore drilling. WASHINGTON - President Bush acknowledged today that expanded drilling in coastal waters would have no immediate impact on oil supplies, but said greater exploration would "change the psychology" of global markets.
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Congress rejects veto of bill to halt Medicare payment cuts (U.S., 13 articles)
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WASHINGTON - President Bush on Tuesday vetoed a bill protecting doctors from a Medicare pay cut, but both houses of Congress swiftly overrode the veto with large bipartisan majorities, so the bill is now law. Hours later, the House and Senate voted to override the veto, making the Medicare measure the fourth bill to become legislation over Mr. Bush's opposition. The White House supports rescinding the pay cut, but objects to the way the legislation would finance the plan, largely by reducing spending on private health plans.
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blaster@cs.columbia.edu
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