Obama asks Republican Senators McCain, Graham to visit Egypt

The parties have agreed here today that all of the final status issues, all of the core issues and all other issues are all on the table for negotiation, Kerry said. And they are on the table with one simple goal: a view to ending the conflict. Kerry spoke of the meeting President Obama and Vice President Biden had with the parties on Tuesday morning, thanking the president for his leadership in the process. The presidents support for our efforts, including his personal engagement with the parties this morning, has been essential, and I thank him for that, Kerry said. A senior White House official told reporters that Obama has been engaged in the process since his visit to Israel and the West Bank last March and has been working closely with Kerry on the issue. The official said the president spoke extensively with Kerry before the secretarys announcement July 19 that talks would resume, following the presidents call the previous day with Prime Minister Netanyahu. The official said Obama appreciates Kerrys diligent work, but understands that the most difficult work lies ahead.
Source: http://abcnews.go.com/blogs/politics/2013/07/obama-administration-hopeful-realistic-about-mideast-peace-talks/

Obama hosts Hillary Clinton for lunch — ‘friendship’ on the menu

Instead, the White House released a picture snapped by an official photographer. An embarrassing scandal involving top Clinton aide Huma Abedin may be another reason the former secretary of state wasn’t planning to speak to reporters. Abedin is married to Anthony Weiner, who is refusing to quit the New York City mayor’s race even after acknowledging he had continued the sexting behavior that forced him out of Congress in 2011. Even barely past the halfway mark in 2013, Hillary 2016 rumors have swirled around Washington notably because of the possibility that this could pit her against Biden. I can die a happy man never having been president of the United States of America, Biden recently told GQ .
Source: http://news.yahoo.com/-obama-hosts-hillary-clinton-for-lunch-132105936.html

Obama proposes ‘grand bargain’ for jobs

He said specifics of the trip, including with whom he and McCain would meet, had not yet been worked out. McCain and Graham, two of the Senate’s most influential voices on foreign policy matters, have at times been harsh critics of Obama’s foreign policy. The White House has recently been reaching out to them on a range of issues. U.S. officials have been grappling with how to respond to the situation in Egypt since its elected Islamist president, Mohamed Mursi, was ousted by the military on July 3. In particular, they have struggled with how to handle the $1.55 billion in mostly military aid Washington sends to Cairo each year.
Source: http://www.reuters.com/article/2013/07/30/us-egypt-protests-usa-aid-idUSBRE96T1BN20130730

But he wants it to be coupled with a significant investment on some sort of job creation program, such as manufacturing, infrastructure or community colleges. “As part of his efforts to focus Washington on the middle class, today in Tennessee the president will call on Washington to work on a grand bargain focused on middle-class jobs by pairing reform of the business tax code with a significant investment in middle-class jobs,” Obama senior adviser Dan Pfeiffer said. Senior administration officials described the corporate tax proposal as the first new economic idea Obama plans to offer in the coming months, with budget deadlines looming in the fall. Administration officials wouldn’t put a price tag on the proposal or say how much would be a “significant” investment in jobs since the dollar figures would be part of negotiations with Congress. But in an example from this year’s State of the Union address, Obama proposed $50 billion to put Americans to work repairing roads and bridges and other construction jobs.
Source: http://abclocal.go.com/wabc/story?section=news/politics&id=9189540

Obama’s NY Times Interview A Rare Sit-Down With A Newspaper

We look forward to continuing to work with the administration. Pushing Forward Separately, Baucus told reporters yesterday that it was wonderful that Obama was pushing forward on taxes. Asked about his previous statement that Obamas hands-off approach was helpful, Baucus said that the addition of infrastructure was favorable because the issue is less partisan. Obama supports reducing the corporate tax rate to 28 percent for most companies and 25 percent for manufacturers, down from 35 percent today. As outlined in a 2012 administration proposal, he would pay for those changes by curtailing tax breaks. One of the largest tax breaks for businesses is accelerated depreciation. Making that tax benefit less available increases the chances that the administration would have to turn to other changes to lower the rate to 28 percent.
Source: http://www.bloomberg.com/news/2013-07-30/obama-tax-plan-tackles-budget-issue-with-political-hurdle.html

Barack Obama revives tax plan in bid for fiscal ‘bargain’

RELATED CHATTANOOGA, UNITED STATES: US President Barack Obama on Tuesday offered to lower corporate tax rates in exchange for simplifying a code “riddled with loopholes,” in a renewed bid to strike a fiscal deal with rival Republicans. The reheated tax reform plan, first proposed by Obama and rejected by Republicans in 2011, is part of an attempt by the president to create a “better bargain” for the middle class in a second term thus far marked by few accomplishments. Republicans, especially Tea Party conservatives, have rejected any proposals that would increase government revenue, insisting that only spending cuts can roll back the bloated deficit without further harming the sluggish economic recovery. Seeking middle ground, Obama, in a speech in Chattanooga, Tennessee, proposed lowering the maximum rate to 28 percent, down from 35 percent. “Our tax code is so riddled with loopholes and special interest tax breaks that a lot of companies who are doing the right thing and investing in America pay 35 percent in their taxes,” Obama said. In contrast, “corporations who have got fancy accountants and stash their money overseas, they pay apply for student loan forgiveness act of 2012 little or nothing in taxes.
Source: http://timesofindia.indiatimes.com/world/us/Barack-Obama-revives-tax-plan-in-bid-for-fiscal-bargain/articleshow/21499754.cms

Obama Entrance Into Tax Rewrite Draws Republican Rebuke

By contrast, the president has done hundreds of interviews with television outlets, especially local news stations, during his time in office. He also likes having reporters and pundits come to the White House for off-the-record meetings . The Times is widely viewed as having especially good access to the Obama team, even if it has received one-on-one, on-the-record access to Obama himself so infrequently. Recently, former White House assistant press secretary Reid Cherlin described the paper as one of the administration’s “three favored outlets,” along with the Associated Press and Politico’s Mike Allen. The Times made the most of the opportunity, posting three separate stories about the interview, as well as audio excerpts and a full transcript .
Source: http://www.huffingtonpost.com/2013/07/28/obama-ny-times-interview-newspapers_n_3665002.html


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