The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. Click the headlines for more.
CNN Security Clearance: White House: Obama talks with Netanyahu on Iran, no meeting sought
President Barack Obama talked with Israeli Prime Minister Benjamin Netanyahu in a call Tuesday night about the threat posed by Iran's nuclear program, according to a White House statement. Obama placed the call to Netanyahu, a senior administration official told CNN. The one-paragraph statement from the White House, which referred to the Obama-Netanyahu discussion as "a part of their ongoing consultations," followed reports earlier in the day that the White House had rejected a request by Netanyahu to meet with Obama this month to discuss Iran's nuclear program.
CNN: Romney: Obama handling of Libya, Egypt violence 'disgraceful'
Republican presidential nominee Mitt Romney on Tuesday issued a paper statement sharply critical of President Barack Obama over his handling of violence in the Middle East earlier in the day. "It's disgraceful that the Obama Administration's first response was not to condemn attacks on our diplomatic missions, but to sympathize with those who waged the attacks,” Romney said in the statement.
CNN: Clinton calls young people to the polls in support of Obama
On a relatively quiet day on the campaign trail, former President Bill Clinton stumped for President Barack Obama at a university in Miami on Tuesday, urging young people to register, then vote come November. Appearing at Florida International University, Clinton called the election pivotal, saying, "If you sit on the sidelines, you are responsible for the consequences."
CNN: Portman: Sequestration hasn't worked, not a good idea
Sen. Rob Portman, who is close to GOP presidential nominee Mitt Romney and was a member of the congressional so-called "super committee" tasked with devising a deficit reduction plan, said Tuesday that the upcoming sequestration – a penalty and incentive for the two partisan sides to work together – has been ineffective and prevented accomplishing across-the-aisle cooperation.
CNN: Chicago school strike hits third day
Talks were set to start again Wednesday morning with Chicago's school board and striking public school teachers seemingly miles apart from reaching a deal to get 350,000 children back in school. And as rhetoric and accusations came from both sides, mothers like Terrilyn Alexander scrambled to turn her family dining room into a classroom. Alexander and her husband are giving their three children four hours of schoolwork daily and say they can't help but resent it.
CNN: 5 more charged in anti-government militia plot linked to Fort Stewart
Five more Georgia men were charged in connection with an anti-government militia with ties to Fort Stewart that's been accused of killing two people and plotting to assassinate President Barack Obama, authorities said Tuesday.
CNN: U.S. watchdog to review airline safety program
U.S. government auditors will review a program that allows airlines to avoid penalties for safety problems by self-disclosing them to the Federal Aviation Administration. The Transportation Department's Office of Inspector General, a watchdog, said on Tuesday that it would examine the voluntary initiative to ensure it is not being misused as happened previously in the case of a major carrier. Congress has requested the review.
CNN: Former college professor pleads guilty to attempted murder charge
Amy Bishop Anderson - the professor accused of shooting six of her colleagues, killing three - pleaded guilty to attempted murder charges on Tuesday and agreed to plead guilty to a capital murder charge in two weeks.
CNN: Protesters attack U.S. diplomatic compounds in Egypt, Libya
The United States said it was taking measures to protect its citizens worldwide after protesters angry about an online film considered offensive to Islam attacked U.S. diplomatic compounds in Libya and Egypt on Tuesday. In Libya, witnesses say members of a radical Islamist group called Ansar al-Sharia protested near the U.S. Consulate in Benghazi. A U.S. State Department officer was killed in the violence in Benghazi, Secretary of State Hillary Clinton said in a statement late Tuesday.
CNN: Indian cartoonist facing sedition charges to be freed on bail
An Indian cartoonist charged with sedition over images critical of the government is expected to be released on bail Wednesday, his lawyer said. Aseem Trivedi had originally refused to seek bail and wanted the charges dropped, but changed his mind after receiving assurances from authorities that they would be reviewed, Vijay Hiremath said.
CNN: Absence of Chinese vice president fuels intrigue before power transition
The conspicuous absence from public view of China's presumptive next top leader is adding new uncertainty to the succession plan for the normally secretive Communist leadership. For ten days, Vice President Xi Jinping has dropped off the radar of state-run domestic news media, which usually meticulously record official activities of senior leaders.
CNN: German constitutional court to rule on Euro rescue fund
A German court is poised to rule on whether the proposed European rescue fund, the European Stability Mechanism, breaches the country's constitution. It's the largest lawsuit in the court's history, filed by 37,000 German citizens who say the ESM violates Germany's right to retain control of its own budget.
CNNMoney: U.S. credit rating hinges on Congress – Moody's
Next year will be a pivotal one for the United States' credit standing. Moody's said Tuesday it would likely strip the United States of its sterling AAA rating if lawmakers fail to produce a long-term debt reduction plan next year. But if negotiations go well, the rating agency said, it would probably affirm the country's AAA rating and change its outlook to "stable" from "negative."
CNNMoney: Dow closes at 5-year high
U.S. stocks advanced Tuesday, rebounding from the previous day's pullback, as investors geared up for key decisions out of Europe and from the Federal Reserve later this week. The Dow Jones industrial average rose 0.5% and the S&P 500 rose 0.3%. The day's gains put the Dow back at its highest level since December 2007, while the S&P 500 is within spitting distance of the multi-year high it reached last week. The tech-heavy Nasdaq finished flat.
CNNMoney: Taxpayers still owed more than $200 billion from bailouts
The federal government is slowly closing the books on its bailouts of 2008, many of which have actually turned a profit. But taxpayers are still owed more than $200 billion from some of the highest-profile bailouts. On Tuesday, Treasury announced that it sold $20.7 billion worth of American International Group stock. That brought payments to Treasury from the AIG bailout to $66.3 billion, plus another $930 million in dividends and interest. Treasury also cut its stake in the company to 15.9% from 53%.
In case you missed it…
Brian Todd reports on a long lost note from a WTC victim on 9/11, returned recently to his family.
Knee-jerk, hot-head Romney (along with bibi and adelson) may have just help that southern preacher start WW 3.
At least President Obama keeps a cool head and tries to calm things down before making any drastic decisions or statements.
To each his own, but my preference is calm and cool -------not Knee-jerk hothead.
Because calm heads need to prevail.
Obama is lien to the American people with his OBAMACRE,he is not telling the true.Mitt Romney got a better plan.Dont listen to Obama lies.thanks