OMB Pick Lew Received $900,000 Bonus From Bailed-Out Bank

The Washington Times is reporting that Jack Lew, the State Department official recently tapped to replace Peter Orszag as Office of Management and Budget (OMB) Director, received a $900,000 bonus from Citigroup Inc. after the conglomerate received nearly $45 billion in TARP funds.

Before stepping in as OMB Director, Lew requires Senate confirmation.

Congress May Lift Ban On Internet Gambling, But Could Tax Winnings

The New York Times reports that Congress is considering lifing a ban on internet gambling that was put in place 4 years ago. Businesses that run online gambling would be taxed, as would winnings, similiar to how live gambling in casinos and other places is taxed. Supporters say the taxes can raise as much as $42 billion in the next 10 years…

-Rob Sanna

U.S. Sailors Found Dead In Afghanistan

The U.S. Sailors whom went missing on Wednesday are now both confimed dead. CNN reports that the second sailor died of wounds received in a firefight with Taliban members before their captures. His body was recovered on Sunday. The other sailor was killed in that firefight

-Rob Sanna

Speaker Boehner?

Politico is reporting today that House Minority Leader John Boehner (R-Ohio) is positioning himself to be the face of the GOP ahead of this fall’s midterm elections. Boehner, along with help from the NRCC, recently launched a “Boehner for Speaker” fundraising committee. Of course, his party will have to win back the majority in the House in November in order for Boehner to wrestle the gavel from current Speaker Nancy Pelosi (D-Calif.).

Nevada To Host Third Annual Clean Energy Summit

By Linn Grubbstrom - Talk Radio News Service

Nevada will host the third annual National Clean Energy Summit on September 7th.

“The theme of this year’s summit will focus on the number one issue in Nevada and around the country: investing in American jobs,” said Senate Majority Leader Harry Reid (D-Nev.), who along with the University of Las Vegas and the Center for American Progress sponsors the summit, during a conference call Wednesday.

“Nevada is a perfect place to hold this important national discussion,” Reid said. “We’re leading the way in creating jobs and capitalizing on … fast, clean energy resources.” 

The summits take place each year in Nevada, and according to Reid, progress has been made since it began just two years ago.

“We’ve [made] some big announcements. We’re building a transmission line between northern and southern Nevada which will allow us to be energy independent,” said Reid.