Congress

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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
Feb 9, 2009 7:27 AM CST

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...

Senators Give Stimulus Plan Backroom OK

(Newser) - President Barack Obama moved a step closer to his first big legislative victory today as key senators tentatively agreed on an economic stimulus measure amid stunning new signs of America's economic weakness, the AP reports. Two officials said the emerging agreement was for a bill whittled down to $780 billion,...

Senate Could Vote on Stimulus Tonight

(Newser) - Harry Reid said he was confident the Senate would produce a stimulus bill ready for voting by tonight, Reuters reports. “We’ve made progress,” the majority leader said of efforts to sweat the measure down from $937 billion. “I think we’re going to be able to...

Americans Ask: Is Anyone in Charge?
Americans Ask: Is Anyone in Charge?
OPINION
Feb 6, 2009 10:24 AM CST

Americans Ask: Is Anyone in Charge?

As Washington squabbles, citizens lose faith: Noonan

(Newser) - Americans are indulging in a strange disjunction between real life and the fate of the nation, Peggy Noonan writes for the Wall Street Journal: "Your long-term thoughts are pessimistic, and yet you're cheerful in the day to day." But as the recession gets worse and the threat of...

Pols Get Failing Grades on Economic Literacy
Pols Get Failing Grades
on Economic Literacy
OPINION
Feb 6, 2009 10:05 AM CST

Pols Get Failing Grades on Economic Literacy

Critics of stimulus spending reveal lack of economic literacy

(Newser) - Given all the "silly" arguments coming out of Washington these days, maybe we should pony up $50 million or so and let congressmen hire "economic trainers," writes Steven Pearlstein in the Washington Post. Those who complain that the stimulus has too much spending just don't get it....

Senators Wrangle Over Stimulus Cuts

Bipartisan group works to carve plan down to size

(Newser) - A bipartisan group of some 20 senators argued late last night over cuts to the $900 billion stimulus package, and will reconvene today, reports the New York Times. Democrats and Republicans alike say they want to slash provisions that won't swiftly create jobs or boost spending—but they are struggling...

Obama's Op-Ed Is 'Boilerplate' but Dead On
Obama's Op-Ed Is 'Boilerplate' but Dead On
OPINION
Feb 5, 2009 4:36 PM CST

Obama's Op-Ed Is 'Boilerplate' but Dead On

Klein: We need to move now on the stimulus package

(Newser) - Barack Obama’s Washington Post op-ed today arguing in favor of the stimulus is “a bit of a disappointment,” writes Joe Klein for Time. It’s "political boilerplate," and the president should probably stick to speeches. Still, that doesn’t change the fact that he's exactly...

Obama Is Selling It, But It's Not His Bill
Obama Is
Selling It, But
It's Not His Bill
Analysis
Feb 5, 2009 12:37 PM CST

Obama Is Selling It, But It's Not His Bill

President let Congress write stimulus, and probably regrets it

(Newser) - Barack Obama is working mightily to sell the stimulus bill, but looks have made one major mistake, Massimo Calabresi writes in Time: He let Congress write it. Obama aides let committee staffers draft the bill, relying on their legislative expertise. “They did a good job of really deferring to...

Dems Gird for Fight Over Pro-Labor Bill

'Card check' legislation faces stiff business opposition, Senate fight

(Newser) - House Democrats are about to unveil a bill easing the unionization process, a measure that’s already sparked major backlash, the Hill reports. The Employee Free Choice Act, which President Obama has said he'll sign, would allow workers to skip secret ballot elections to create unions, instead openly signing cards....

Japan's PM Slams 'Buy American' Provision

World leaders roundly criticize stimulus provision

(Newser) - Japan’s prime minister today slammed the “Buy American” clause in the proposed economic-stimulus bill currently being considered by the US Senate, the Financial Times reports. Speaking in parliament, Taro Aso said that requiring stimulus projects to use US-made materials is “definitely wrong,” and contrary to the...

Congress Delays Digital TV Switch Until June 12

(Newser) - Congress has decided to give people four more months to prepare for the upcoming transition from analog to digital TV. The House voted today to postpone the end of analog TV signals until June 12. The Senate passed a similar measure last week, so it now goes to President Obama,...

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