Member 567


Obama urges Congress to pass costly stimulus bill; stocks surge (AP)

25-11-2008 08h45
AP - Citing an "economic crisis of historic proportions," President-elect Barack Obama urged Congress to pass a costly, job-creating stimulus bill as quickly as possible, a rare pre-inaugural call to action delivered as the outgoing Bush administration approved fresh billions to bail out one of the nation's largest banks.

Obama's tax hike for the rich may be delayed (AP)

25-11-2008 09h29
AP - An economic crisis, rising joblessness and a credit squeeze can make a president-elect refine his words. Today's word is "repeal." During his presidential campaign, Barack Obama promised to repeal President George W. Bush's tax cuts for the wealthy ahead of their scheduled expiration in 2011.

Millionaires get farm payments; nobody checking (AP)

25-11-2008 08h42
AP - A sports team owner, a financial firm executive and residents of Hong Kong and Saudi Arabia were among 2,702 millionaire recipients of farm payments from 2003 to 2006 — and it's not even clear they were legitimate farmers, congressional investigators reported Monday.

In Summers, Obama gets a lauded economic thinker (AP)

25-11-2008 07h18
AP - As Treasury secretary, Lawrence Summers was famous for wolfing down a bag of Cheetos and polishing them off with a can of Diet Coke. The tip-off was the patina of orange dust on his suit.

Key to end gridlock lies in center (Politico)

25-11-2008 09h27
Politico - The Republican U.S. senator sits glumly across the restaurant table.

Americans rush plans for Obama inauguration (AP)

25-11-2008 00h04
AP - Pattie Brew, daughter of a North Carolina sharecropper, had let almost a century go by without casting a vote for president or joining the inaugural crowds only three miles from her home in the nation's capital.

Longtime Biden aide picked to fill his Senate seat (AP)

25-11-2008 09h31
AP - Edward "Ted" Kaufman, a former aide to Sen. Joe Biden, was named Monday by Delaware Gov. Ruth Ann Minner to fill the Senate seat Biden is leaving for the vice presidency.

NY's Schumer leaving Senate election role (AP)

25-11-2008 06h57
AP - Sen. Charles Schumer said Monday he is giving up his job running the Senate Democrats' national campaign efforts after two successful elections.

Two former Abramoff lobbyists lose jobs (AP)

25-11-2008 09h54
AP - Two former congressional aides-turned-lobbyists with ties to Jack Abramoff lost their jobs in recent days as federal prosecutors signaled interest in them in court papers.
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