Six years ago last week, the Iraq War began. The anniversary of that wasn't ignored, but it certainly hasn't been on the agenda for most Americans. The situation in Iraq didn't even garner a mention at President Obama's news conference on Tuesday night. I have also maintained that you can accurately ...
There was no earth shattering news made last night at the White House in President Obama's second full blown news conference. But it spoke volumes about what is on his agenda. The President acknowledged that he has an array of critics on an array of problems, but he gave no ...
The House and Senate Budget Committees start their work today on the budget outline for the next fiscal year, the first true test of President Obama's plans on health care and more. And the early returns indicate that they are going to make some fairly sizeable changes to the Obama ...
Backers of a bill in the Congress to expand the powers of unions to organize suffered a setback on Tuesday, when GOP Sen. Arlen Specter announced he would not support the bill this year. Specter had been the subject of a rather high profile tug of war in recent weeks, ...
I definitely got the sense on Tuesday that Congress is now on step two of the AIG outrage story, moving on to see what they can do about broader financial reforms, rather than just screaming bloody murder. Once it had been established that there were no sinister conspiracy theories about ...
While Treasury Secretary Timothy Geithner may get the verbal back of the hand today from lawmakers at a hearing on AIG, he had a damn good day on Monday. Six weeks ago, Geithner's roll out of bank rescue plans was a complete disaster. But armed with a mulligan, Geithner - ...
For the second time in six weeks, President Barack Obama will interrupt the prime time television schedule and hold a formal news conference at the White House. Expect questions to center on the latest on the economy, the furor over bonus payments at AIG and some foreign policy issues like ...
After the verbal battles last week over the bonuses at the American International Group in Congress, it's hard to tell whether today's hearing with the Treasury Secretary and Federal Reserve Chair will be more of the same or a letdown. Let's just put it this way - if there's any ...
The U.S. Supreme Court today considers just how far a landmark campaign reform law goes when it comes to limiting political speech in the days before an election. At issue is a political video that was made about then Sen. Hillary Clinton titled, "Hillary: The Movie." A group named Citizens ...
Six weeks ago, Treasury Secretary Geithner unveiled the latest bank rescue plan to a chorus of negative reviews. This time, the White House decided to keep him off of live TV. So, maybe a few of you might want to give up a couple of minutes of mindless surfing, endless ...
Before I run out the door, here is the run down from the Treasury Department on what is in the bank bailout plan. March 23, 2009tg-65 Treasury Department Releases Details on Public Private Partnership Investment Program Fact Sheet Public-Private Investment Program View White Paper and FAQs at http://financialstability.gov The Financial ...
There will be a lot more finger pointing this week in the Congress over the $165 million in controversial bonuses at AIG and the effort by lawmakers to levy a 90% tax on that money. The Senate will try to move forward on the bill approved late last week by ...
Six weeks ago, the Obama Administration rolled out a plan to bailout banks. Hyped as a big time announcement, it was instead a public relations disaster. Today, the White House hopes to get things right on the second try. Back on February 10, Treasury Secretary Timothy Geithner gave a bank ...
Most everyone is mad right now, and that means all sides are actively blaming the media for either being for or against President Obama. Over on the Left, there is extreme aggravation with the "Main Stream Media" right now, as more liberal blogs are expressing anger over the focus on certain stories, like the ...
Yep, sometimes the ole Commander in Chief says things that don't sound just right, and one of those comments on the Tonight Show had the White House quickly backpedaling. Just judge from this opening statement from Deputy White House Press Secretary Bill Burton on the way back to DC from ...
Here is the transcript provided by the White House of President Obama's appearance on the "Tonight Show" with Jay Leno. INTERVIEW OF THE PRESIDENTBY JAY LENO, "TONIGHT SHOW" Burbank, California 4:22 P.M. PDT Q The 44th President of the United States, please welcome President Barack Obama. (Applause.) ...
The vote in the House on the AIG/bonus tax bill was an interesting one to watch, mainly because a number of lawmakers weren't sure until the last minute which way they were voting. Votes in the House are 15 minutes in length, but they go on much longer at times, ...
This may not be a very good day for the White House when it comes to the budget plans of the Obama Administration. What's happening today? Just an insider-type Washington, D.C. event, as the Congressional Budget Office issues an update on the federal deficit. Some reports say it could as much ...
The next step is up to the U.S. Senate on a bill that would impose special taxes on bonus money awarded by AIG and other companies that get federal bailout money. The House approved a plan drawn up by Democrats that would hit AIG-type bonuses with a tax rate of ...
The White House last night quietly backed down in a losing public relations battle with veterans over plans to force some health care costs to private insurers for wounded servicemembers. In a written statement, White House Press Secretary Robert Gibbs advertised the administration's support for an increased Veterans budget, but ...
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