Stimulus
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The Stimulus Package Gets a Logo
First the stimulus got a website. Now it's getting a logo. Without a doubt, the Obama team has brought its branding expertise from the campaign trail to the White House.
Smart? RNC Considers Pulling Support For Pro-Stimulus GOP
Taking on the three Republican senators who voted for the stimulus bill (along with all the Democrats) might be a good idea, according to RNC chair Michael Steele. On Fox News this week, Steele sent a warning shot to Republicans Susan Collins and Olympia Snowe of Maine, and Arlen Specter of Pennsylvania. When asked if he would help their challengers in the Republican primaries, he said he was "always open to everything, baby, absolutely."
Briefing Book! Obama Passes Stimulus to Biden
- Obama taps VP Biden to oversee the stimulus. — Political Intelligence
- Election statistic guru fails at predicting Oscar wins. — Wonkette
- Should the Sex and the City sequel ignore the recession?
CNBC Reporter Treated to White House's Wrath
Yesterday fired-up CNBC reporter Rick Santelli laid into the president. He implored Obama to ask Americans whether they really want to "subsidize the losers' mortgages." The traders on the Chicago trading floor cheered for Santelli and booed at the mention of Obama's plan.
Obama to Mayors: Don't Mess This Up!
President Obama met with America's mayors today, promising to "call them out" if they spend stimulus money in a wasteful way.
The president told the Conference of US Mayors that he needed unprecedented responsibility and accountability. He said: If a federal agency proposes a project that will waste that money, I will not hesitate to call them out on it, and put a stop to it.
Recovery.Gov Takes a Shot at Transparency
Bringing the pledge of transparency to Internet life, the White House has officially launched Recovery.gov — a website that lets you track the stimulus money.
The President says, "instead of politicians doling out money behind closed doors, the important decisions about where taxpayer dollars are invested will be yours to scrutinize." To help you scrutinize, the site has features like an interactive map showing you how many jobs will be created in each state, graphs breaking down stimulus funds, a timeline for crucial upcoming milestones, and a place for you to share what's working, and not working for you.
Front Page: Obama Readies $75 Billion Housing Rescue
- After signing the $787 billion stimulus bill, President Obama unveiled a new $75 billion housing program that will cut mortgage payments for millions facing foreclosure. — Reuters
- General Motors says it needs as much as $16.6 billion in new loans from the US government to survive. — Bloomberg
- After arriving in Indonesia, Secretary of State Hillary Clinton said the US seeks to deepen relations with the Islamic world.
Do You Think the Stimulus Will Help the Economy?
Americans have some pretty low expectations these days. In a new poll only 38 percent of voters said they believe the $787 billion stimulus plan will help the economy.
Middle-income Americans are more likely to think the package will hurt the economy more than help it; while low and upper income individuals are more optimistic.
Front Page: Congress Prepares For Stimulus Vote
- Both the Senate and the House may vote today on the $790 billion stimulus bill. — AP
- Hamas officials say a long-term truce with Israel is only days away. They're holding talks in Cairo, Egypt.
Congress Reaches Stimulus Deal: Here Are the Details
Congress is no longer a house divided . . .
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