Congress

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Final Stimulus Votes Set Today

With haggling completed, final version of $789B bill will head to House and Senate

(Newser) - Lawmakers have hammered out the final details of the economic stimulus bill and cleared the way for final votes in the House and Senate today, reports Reuters. Both chambers are expected to approve the bill's final version, meeting Barack Obama's deadline of passing the $789 billion package of spending and...

Lincoln Made My Story Possible: Obama

Library of Congress mark bicentennial with special exhibit

(Newser) - President Obama and Congress marked the bicentennial of Abraham Lincoln’s birth today, with Obama reflecting on how Lincoln's vision led to his own success, CNN reports. "I can say that I feel a special gratitude to this singular figure who in so many ways made my own story...

Stimulus May Pick Up More GOP Votes
Stimulus May Pick Up More GOP Votes
Analysis

Stimulus May Pick Up More GOP Votes

But not enough to be anything like bipartisan

(Newser) - The passage of the stimulus is a done deal, but that doesn’t mean the votes on the compromise measure won’t be interesting. Democrats are hoping to bring more Republicans on board, reports Chris Cillizza of the Washington Post. All three GOP senators who backed the original Senate bill...

Congress Shames the Peanut Man
Congress Shames the Peanut Man
OPINION

Congress Shames the Peanut Man

Salmonella hearing makes an example of Fifth-taking exec

(Newser) - Congress knew it wasn’t going to get any answers out of Stew Parnell, the man whose company's peanut butter is suspected of killing eight people. Parnell doggedly took the Fifth on even the simplest questions, but it didn’t matter. Parnell was summoned only so he could be chastised,...

Rove: Thanks, Obama, for Boosting the GOP
Rove: Thanks, Obama,
for Boosting the GOP
OPINION

Rove: Thanks, Obama, for Boosting the GOP

Republican opposition to bill 'redefined' the party

(Newser) - The Dems may ultimately have gotten their way with the stimulus bill, but the GOP has gotten a lift from the debate process, Karl Rove writes in the Wall Street Journal. Republicans pointed out specific flaws in the bill while introducing ideas of their own, thereby reducing popular support for...

Compromise Stimulus Means Short-Term Pain
Compromise Stimulus Means Short-Term Pain
ANALYSIS

Compromise Stimulus Means Short-Term Pain

Unemployment will climb, recession will last until end of 2009

(Newser) - The final version of the economic stimulus package will provide less immediate support for the economy than Barack Obama had hoped, reports the Wall Street Journal, and makes it likely that the US will remain in recession through 2009. The $790 billion deal cuts aid to state and local government...

Pelosi and Reid: Which One Got Sneaky?

(Newser) - It looks like a little political intrigue—and possibly some back-stabbing—played out today between Harry Reid and Nancy Pelosi, writes Glenn Thrush of Politico. When Reid called a press conference to announce that Senate and House negotiators had agreed on a stimulus deal, Pelosi was nowhere in sight. Several...

Congress Joins Tweet-Mania
 Congress Joins Tweet-Mania 

Congress Joins Tweet-Mania

Reps send updates from Iraq, meetings with prez

(Newser) - Since a ban on social networking was lifted, lawmakers have been using Twitter to give the public unprecedented access to congressional meetings—and perhaps fight boredom during them. At least four Republican reps, among the 65 who Twitter regularly, sent one-liners during a meeting with President Obama on the stimulus...

Congress Reaches a Deal on $789B Stimulus

Trimmed bill cuts funding to many of touted projects

(Newser) - House and Senate negotiators agreed on a compromise $789 billion stimulus plan this afternoon that scales down bills passed by each of the chambers. The final version "creates more jobs than the original Senate bill and spends less than the original House bill," Senate majority leader Harry Reid...

Peanut Corp Execs Refuse to Testify to Congress

Plead the Fifth, decline to eat their products

(Newser) - Peanut Corp execs had little to say today to a congressional panel curious about the salmonella outbreak that sickened 600 people, reports the Atlanta Journal-Constitution. Invoking the Fifth Amendment, PCA president Stewart Parnell and plant manager Sammy Lightsey refused to answer any questions—including on whether they would be willing...

Tejada Pleads Guilty to Lying to Congress

Shortstop caught it claim he knew no onein baseball who used steroids

(Newser) - All-Star shortstop Miguel Tejada pleaded guilty today to lying to Congress about the use of performance-enhancing drugs, a plea that stemmed from denying to House investigators that he knew anyone in baseball who used steroids. Tejada’s 2005 assertions were contradicted by evidence that he had talked to an Oakland...

Dingell Becomes Longest-Serving House Member

82-year-old Michigan Dem has been eased out of leadership roles

(Newser) - Michigan Democrat John Dingell today becomes the longest-serving member of Congress, passing the 53-years-and-2-months mark set by Mississippi Democrat Jamie Whitten. But the milestone is bittersweet for Dingell, who for the first time in a quarter century is no longer the ranking Democrat on the Energy and Commerce Committee, reports...

'Humbled' Bank CEOs Will Deny Blowing Bailout

Top bankers face grilling today from furious Congress

(Newser) - Bank bosses being grilled by Congress today will defend their use of bailout cash, according to prepared testimony obtained by Reuters. Chief executives from the eight biggest US banks arrive in Washington this morning—by public transportation instead of private jet this time—and are expected to strike a note...

Stimulus: Home, Car Buyers Win, States Lose

Pay, bonuses restricted for employees of TARP firms

(Newser) - The $835 billion stimulus plan approved by the Senate today helps out home builders, manufacturers, and buyers of homes and cars, reports the Wall Street Journal. The bill allows manufacturers and construction firms to use any 2008 and 2009 losses to offset tax liability going back as far as 2003....

Americans in 'Winter of Our Hardship'

Obama presses stimulus in first news conference as prez

(Newser) - Barack Obama said today the crisis gripping the US is the "winter of our hardship" as he pounded home the need for Congress to set aside petty differences and pass an $800-plus billion stimulus fund to fight an economic collapse not seen in 80 years. In opening remarks at...

Stimulus Bill Leaps GOP Senate Hurdle

(Newser) - The economic stimulus legislation backed by President Barack Obama has passed a key test in the Senate over strong Republican opposition, the AP reports. Republican Sens. Susan Collins, Olympia Snowe, and Arlen Specter all broke ranks and supported revised legislation, making the final vote 61-36 over a procedural hurdle raised...

Porn Star Seeks La. Senate Seat

(Newser) - Louisiana GOP Senator David Vitter will meet a substantial opponent in his 2010 bid for re-election: porn star Stormy Daniels, CNN reports. A grass-roots “Draft Stormy” campaign, unaffiliated with the state’s Democratic Party, has encouraged the buxom blond to run on a platform of the economy, women’s...

Blame Obama for Botched Stimulus
Blame Obama for Botched Stimulus
OPINION

Blame Obama for Botched Stimulus

President's hunger for bipartisan support led to disaster: Krugman

(Newser) - Even if the Obama stimulus package had been enacted in its original $800 billion form, writes Paul Krugman, it wouldn't have plugged the hole in the American economy. Yet the "centrists" who cut it down have taken out some of its best provisions, like aid for state governments,...

Geithner Delays Bank Bailout Until Tuesday

Treasury Department focuses on pushing stimulus through Congress

(Newser) - The Treasury Department will wait until Tuesday to unveil the next bank bailout while lawmakers and President Obama debate their multibillion-dollar stimulus plan, the New York Times reports. “With record high job losses, and weakening economic forecasts, we’re focused on working with Congress to pass an economic recovery...

Senate, Obama Spar Over Stimulus

(Newser) - President Barack Obama and Senate Republicans bickered today over his historically huge economic recovery plan after states and schools lost tens of billions of dollars in a late-night bargain to save it, the AP reports. "We can't afford to make perfect the enemy of the absolutely necessary," Obama...

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