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February 09, 2009
President Barack Obama gives first prime time news conference
President Barack Obama tonight faced question after question about the economic stimulus plan during his first prime time news conference.
Official: Bailout overhaul likely to include buying bad assets
WASHINGTON (AP) - The Treasury Department says it’s making “minor tweaks” to its overhaul of the government’s $700 billion financial rescue, but it’s basically done.
February 08, 2009
UPDATE: Obama faces tough week; stimulus, bailout on tap
WASHINGTON (AP) - President Barack Obama takes his case for a massive economic stimulus direct to the people tomorrow night with his first prime-time news conference.
NEW: McCain: Democrats no more bipartisan than GOP
WASHINGTON (AP) - Republican Sen. John McCain says that Democratic lawmakers putting together an economic stimulus plan are no more open to input from the opposing party than the GOP was during the Bush administration.
Republicans, House Democrat wary of stimulus bill
WASHINGTON (AP) - Republican congressional leaders and a key House Democrat are voicing misgivings - but for different reasons - over the Senate version of an economic recovery plan costing more than $800 billion.
February 07, 2009
Around the Nation: Ripple Effect and Saturday Senate
WASHINGTON (AP) - The Senate goes back into session this hour (noon Eastern time), as it moves closer to passing President Barack Obama’s economic recovery plan.
February 06, 2009
NEW: Deal reached on Senate stimulus bill
WASHINGTON (AP) - Senators from both parties are announcing that a deal has been reached to advance President Barack Obama’s economic recovery plan through the Senate.
February 05, 2009
NEW: Obama plans to name economic recovery board Friday
WASHINGTON (AP) - President Barack Obama is planning a White House event for Friday to name the members of his Economic Recovery Advisory Board and outline its mission.
Obama creates faith-based office with wide mission
WASHINGTON (AP) - Expressing his own faith in “a force for good greater than government,“ President Barack Obama has set up a White House Office of Faith-Based and Neighborhood Partnerships.
NEW: Geithner to unveil bailout plan Monday
WASHINGTON (AP) - Treasury Secretary Timothy Geithner and other top officials are putting the finishing touches on a plan to overhaul the government’s $700 billion financial rescue program.
Senate centrists try to clear way for passage of stimulus
WASHINGTON (AP) - Senate moderates from both parties are trying to cut as much as $100 billion from the economic stimulus package.
February 02, 2009
White House: Obama considers Daschle issue serious
WASHINGTON (AP) - The White House says President Barack Obama considers Tom Daschle’s tax troubles to be a “very serious” matter.
Obama stimulus plan faces changes in Senate
WASHINGTON (AP) - The U.S. Senate has opened debate on President Barack Obama’s massive economic stimulus package.
February 01, 2009
UPDATE: GOP leader: Sen. Gregg departure won’t shift power
WASHINGTON (AP) - No change in the Senate’s balance of power if New Hampshire Republican Judd Gregg leaves to become commerce secretary.
NEW: GOP leaders say little Senate backing on stimulus
WASHINGTON (AP) - The Senate begins debate this week on its version of the stimulus bill and Republicans see little support from their side.
January 31, 2009
NEW: Official: Gregg leading candidate for Commerce
WASHINGTON (AP) - An Obama administration official says that Republican Sen. Judd Gregg of New Hampshire is the leading candidate to become commerce secretary.
NEW: Obama facing dilemma over protectionism
WASHINGTON (AP) - Less than two weeks into office, President Barack Obama faces a dilemma contained in a massive economic stimulus bill: Backing protectionist measures that could set off a trade war, or opposing them, which could trigger a backlash from his supporters.
NEW: Senate GOP leaders warns against `Christmas list’ approach
WASHINGTON (AP) - Republicans are pledging to work with President Barack Obama on the economy.
January 30, 2009
White House: Stricter food safety rules coming
WASHINGTON (AP) - The White House is pledging stricter oversight of food safety in response to a salmonella outbreak that has sickened more than 500 people in the United States and may have killed at least eight.
RNC elects first black national party chairman
WASHINGTON (AP) - The Republican National Committee has elected former Maryland Lt. Gov. Michael Steele the first black Republican National Committee chairman.
January 26, 2009
Obama targets greenhouse gases, fuel efficiency
WASHINGTON (AP) - President Barack Obama is ordering reviews that could allow states to impose higher auto emission standards and force automakers to produce more fuel-efficient cars.
Illinois Senate begins impeachment trial without governor
SPRINGFIELD, Ill. (AP) - The governor claims “the fix is in,“ but Illinois Senate leaders maintain that the impeachment trial of Gov. Rod Blagojevich will be fair.
January 25, 2009
Gallop Poll says Americans like Obama thus far
Senator John McCain made a relatively quiet return to the Senate after the election.
Obama pushes to pass economic stimulus plan
President Obama’s trying to make it clear that he’s focused on the economy; however, the new administration is also making it plain that a solution will not come quickly.
NEW: McCain grudgingly says confirmation of defense pick should proceed
WASHINGTON (AP) - Sen. John McCain says the confirmation of President Barack Obama’s choice for deputy defense secretary should move forward despite concerns about his role as a former defense lobbyist.
UPDATE: Democrats say economy will continue slide, even with big infusion of aid
WASHINGTON (AP) - Don’t expect a quick fix to the nation’s economic problems.
January 24, 2009
new outrage over Bank of America, Merril Lynch
President Obama promises there will be more conditions on the second half of the Wall Street bailout money.
Blagojevich’s lawyer says adios
Things keep getting worse for Illinois Governor Rod Blagojevich.
NEW: Boehner calls for tax cuts to stimulate economy
WASHINGTON (AP) - House Republican leader John Boehner (BAY’-nur) is renewing his call today to stimulate the economy through tax cuts instead of spending.
UPDATE: Obama meets with economic advisers; promotes economic plan
WASHINGTON (AP) - President Barack Obama continues to work on fixing the ailing U.S. economy.
