economic stimulus package

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Reporter's Rant Provokes White House Ire

(Newser) - The White House struck back at a CNBC reporter today for loudly dissing President Obama's housing proposal on the floor of the Chicago Board of Trade, the Wall Street Journal reports. Rick Santelli’s 5-minute tirade, an Internet hit and apparent paean to conservatives, received a cool welcome from Press...

Jindal to Turn Down Stimulus $$$ for Jobless

(Newser) - Louisiana will refuse money from the federal stimulus plan aimed at increasing unemployment insurance, Gov. Bobby Jindal said today. The first governor to officially turn down stimulus dollars, Jindal said the expanded coverage could create higher unemployment insurance taxes down the road. Mississippi Gov. Haley Barbour said he will also...

Obama to Mayors: Use Stimulus Cash Wisely

Officials can't betray the public's trust, president says

(Newser) - President Obama says the $787 billion economic package will help struggling cities, but both Washington and the mayors have a responsibility to spend the money wisely. "We have asked for the unprecedented trust of the American people to deal boldly with the greatest economic crisis we have seen in...

Clinton Gives Obama High Marks, Blasts Bush

Bill Clinton praises Obama, urges him not to get depressing

(Newser) - Bill Clinton knows a thing or two about dealing with recalcitrant Republicans, and he has some advice for President Obama: "It takes two to tango." The ex-president tells ABC News he gives Obama an “A” for his performance so far, along with a warning about appearances....

Critics Invoke Jesus in Anti-Stimulus Ad

Conservative group launches $1M ad to slam government spending

(Newser) - A conservative group has brought Jesus into the fray over the stimulus package, Politico reports. An anti-stimulus ad from the American Issues Project set to start airing today flashes a picture of the three wise men on the screen and asks viewers to imagine spending "$1 million every single...

Post Apologizes for Cartoon
 Post Apologizes for Cartoon 

Post Apologizes for Cartoon

Paper apologizes, to some, over cartoon many called racist

(Newser) - The New York Post has apologized—to almost everyone—for the editorial cartoon that sparked protests and accusations of racism. "It was meant to mock an ineptly written federal stimulus bill," an editorial says, acknowledging that the cartoon chimp was taken by some as a racist depiction of...

Hidden RAT Spoils Obama's Stimulus Bill
Hidden RAT Spoils Obama's Stimulus Bill
analysis

Hidden RAT Spoils Obama's Stimulus Bill

New board has powerful sway over federal watchdogs

(Newser) - Hidden away in the $787 billion stimulus bill is a lousy provision that threatens to inject politics into the jobs of supposedly independent government watchdogs, writes Byron York of the Washington Examiner. The bill creates something called the Recovery Accountability and Transparency Board—the RAT board to the few who...

Protesters Picket Post After Chimp Cartoon

(Newser) - Hundreds of protesters led by the Rev. Al Sharpton assembled outside the New York Post’s headquarters today to condemn the paper's now-infamous chimpanzee cartoon, Newsday reports. Protesters called for a boycott and vowed to return tomorrow. They insist it's a racist slam against President Obama, while the paper calls...

Rove: Team Obama 'Winging It'
 Rove: Team Obama 'Winging It' 
OPINION

Rove: Team Obama 'Winging It'

Prez makes cabinet, stimulus choices on the fly

(Newser) - The new president was highly disciplined on the campaign trail, and he’s already won a huge legislative victory, but there’s a “growing sense the administration is winging it on issues large and small,” writes Karl Rove in the Wall Street Journal. Team Obama has ignored or...

GOP Guvs Consider Rejecting Stimulus Cash

Conservatives debate turning down package despite budget shortfalls

(Newser) - A number of of Republican governors, carping about terms of the stimulus package, are threateneing to tell the federal government to keep its money, the AP reports. The governors of Texas, Mississippi, Louisiana, Alaska, South Carolina and Idaho have expressed concerns that the package comes with too many strings attached...

Obstinate GOP Digging Itself Deeper
 Obstinate GOP 
 Digging Itself Deeper 
OPINION

Obstinate GOP Digging Itself Deeper

(Newser) - Even the stimulus couldn’t rouse Republicans “into any human feeling,” writes Derrick Jackson of the Boston Globe. “With the collective livelihood of America at stake,” Republicans opted for full-blown obstinacy, crying about the deficit while conveniently forgetting that their president had turned a $128 billion...

Obama Must Share Blame for Burris
 Obama Must 
 Share Blame 
 for Burris 
OPINION

Obama Must Share Blame for Burris

(Newser) - Roland Burris is in the Senate embarrassing Illinois, and Rod Blagojevich isn’t the only one on the hook for that, writes John Kass of the Chicago Tribune. A fair share of the blame belongs to Barack Obama, who pressured Senate leaders to seat Burris—a move from which he's...

NYPost Cartoon: Racist or Just Tasteless?

Is it racist, or just morbid?

(Newser) - A somewhat inscrutable, certainly tasteless, and possibly racist cartoon by Sean Delonas appeared today in the New York Post and other newspapers, prompting complaints from several quarters, reports the Huffington Post. In a reference to the recent chimp attack in Connecticut, the cartoon shows two police officers, one with smoking...

Senate Centrists Hold House Dems Hostage

Stick up to Reid, Dems urge Pelosi

(Newser) - The Senate requires 60 votes to avoid filibuster, so the 58-strong Democrats are at the mercy of centrist Republicans Arlen Specter, Olympia Snowe, and Susan Collins. Politico reports that House Dems, who have no trouble passing bills on their own, are unhappy that their legislation has to run this gauntlet....

Obama Signs $787B Stimulus
 Obama Signs $787B Stimulus 

Obama Signs $787B Stimulus

Liberals grumble over President's compromises

(Newser) - President Obama signed the economic stimulus bill into law today, the AP reports. In a Denver science museum chosen to underscore the bill’s investments in green technology and science education, Obama said he hoped the bill "will ignite our imagination once more, spurring new discoveries and breakthroughs that...

On Stimulus, White House Kept Congress Close
On Stimulus, White House Kept Congress Close
ANALYSIS

On Stimulus, White House Kept Congress Close

Prez still didn't get much GOP support

(Newser) - President Obama promised a new spirit of cooperation in Washington, and in his relationship with Congress, he did his best to deliver, the Wall Street Journal reports. Obama left congressional leaders wide leeway in crafting the stimulus bill and stayed in close touch with members. Joe Biden stayed on pivotal...

Oil Slips Below $35 a Barrel
 Oil Slips Below $35 a Barrel 

Oil Slips Below $35 a Barrel

Prices drop almost 8%; stocks down early on Wall Street

(Newser) - A new batch of lousy economic news dragged oil prices down nearly 8% today as signs from across the globe pointed to a prolonged and painful recession. Light, sweet crude for March delivery fell $2.87 to $34.64 a barrel on the New York Mercantile Exchange after settling at...

Obama Gets Rail Rolling With $8B Stimulus

Prez plots $8b high-speed train network

(Newser) - America's railways are about to get a huge handout: At today's signing of the stimulus package, $8 billion will be allocated to high-speed rail. Though the money will be divvied up according to Transportation Secretary Ray LaHood's master plan, the expansion is truly President Obama's pet project, reports Politico. "...

GOP Guvs Break With Party on Obama Stimulus

Desperate for cash, they embrace measure DC counterparts spurn

(Newser) - Barack Obama’s relationship with DC Republicans is on the rocks, but he couldn’t be getting along better with GOP governors, reports the New York Times. Why? Follow the money. Struggling to balance their budgets, the governors don’t care which party help comes from. “The essence of...

Don't Like the Stimulus? Don't Take the Cash
Don't Like the Stimulus? Don't Take the Cash 
OPINION

Don't Like the Stimulus? Don't Take the Cash

Opponents can be 'guinea pigs' for alternate plans: Begala

(Newser) - Here’s a clear way for political leaders to oppose spending in the stimulus package: “refuse to take the money,” Paul Begala writes for CNN. Case in point: South Carolina’s governor, who opposes the plan, shouldn’t help his struggling state with federal cash. Instead, he can...

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