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Defense chief admits there is 'some risk' to slashing military

President Obama's new defense strategy which slashes tens of thousands of troops from the Army and Marine Corps and cuts about half a trillion dollars from the Pentagon's budget over the next decade exposes the U.S. to "acceptable risk," according to Defense Secretary Leon Panetta, who said that was necessary in the face of new budget realities. But critics charged Thursday that the president cut too much muscle along with the fat, and has left the United States vulnerable. Read More

Victory in hand, Romney looks to NH

Mitt Romney is moving on from Tuesday's narrow victory in Iowa to next week's primary in New Hampshire, and anticipating sharper criticism from his rivals. The former Massachusetts governor was declared the winner of the leadoff Republican presidential caucuses early Wednesday by a mere eight votes over Rick Santorum. Santorum, a former Pennsylvania senator, declared "Game on" after emerging as Romney's foremost conservative rival for the primaries yet ahead. Read More

Romney ekes out 8-vote win over Santorum in Iowa

Mitt Romney, Ann Romney
DES MOINES, Iowa (AP) — Mitt Romney eked out a minuscule 8-vote victory over Rick Santorum in Iowa's Republican presidential caucuses, the state party chairman said early Wednesday, bringing down the curtain on an improbable first act in the campaign to pick a challenger to President Barack Obama in the fall. Appearing hours after the caucuses had ended, Matt Strawn said Romney had 30,015 votes, to 30,007 for Santorum, whose late surge carried him to a near win. Even before his victory was announced, Romney looked past his GOP rivals and took aim at Obama. Read More

Romney's watchwords in Iowa: Divide and conquer

Elections are contests held during a moment in time between candidates who have records stretching back, often far back, into the past. So there is always a tension between the man (or woman) who is running and the moment. That tension is greater than usual when the contest is for the nomination of a political party dominated by a large number of newcomers to politics motivated by strong opposition to current policies. Read More

Steady in Iowa, Romney counts on in N.H., Florida

Election year has finally arrived, well after the beginning of a turbulent and unpredictable elections season, and voting begins two days from now in the Iowa Republicans caucuses. The few days of post-Christmas polling have shown the numbers oscillating and opinion changing in ways it hadn't been earlier in the campaign. Read More

Hope reigns as Americans prepare to ring in 2012

Times Square was awash in hopeful sentiments as it began to welcome hordes of New Year's Eve revelers looking to cast off a rough year and cheer their way to something better in 2012. For all of the holiday's bittersweet potential, New York City always treats it like a big party — albeit one that, for a decade now, has taken place under the watchful eye of a massive security force. Read More

Hope reigns as Americans prepare to ring in 2012

Times Square was awash in hopeful sentiments as it began to welcome hordes of New Year's Eve revelers looking to cast off a rough year and cheer their way to something better in 2012. For all of the holiday's bittersweet potential, New York City always treats it like a big party — albeit one that, for a decade now, has taken place under the watchful eye of a massive security force. Read More

World rings in 2012 and bids adieu to a tough year

With glittering fireworks and star-studded celebrations from New Zealand to Times Square, the world eagerly welcomed a new year and hoped for a better future Saturday, saying goodbye to a year of hurricanes, tsunamis and economic turmoil that many would rather forget. Read More

Americans frustrated by congressional stalemates

As Americans watch yet another political drama play out on Capitol Hill — this time over whether to extend the payroll tax cut and jobless benefits — they have a question for Congress: Can't you all just get along? For once?"It's like, 'Kids, kids, kids,'" said Brenda Bissett, a lawyer from Santa Clarita, Calif., as she waited for coffee Wednesday at a Starbucks in downtown Los Angeles. "It's just frustrating that there's no compromise ... I do it all the time." Read More

Romney sidesteps tax dispute; Gingrich dives in

Mitt Romney
Mitt Romney refused to be pinned down Wednesday on how Congress should break an impasse that threatens to raise taxes for 160 million workers — the latest pressing policy debate the Republican presidential hopeful has sidestepped. Rival Newt Gingrich, in contrast, castigated Congress for "an absurd dereliction of duty." With less than two weeks before the Iowa caucuses, the two rivals exchanged ever sharper words over a barrage of negative ads coming from Romney's allies as they took a divergent approach on the payroll tax dispute deadlocking Washington. Read More
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