Congress

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Paulson May Hit Congress for 2nd $350B Next Week

Treasury Secretary will face a tough audience as skepticism mounts

(Newser) - Further erosion of the economy may send Treasury Secretary Henry Paulson back to Congress for the second half of the $700 billion federal bailout next week, reports the Wall Street Journal. But skepticism over how the initial $350 billion is being administered, conflicting views on how to best use the...

Saving Detroit: It's Now or Never
 Saving Detroit: 
 It's Now or Never 
OPINION
Dec 3, 2008 7:00 AM CST

Saving Detroit: It's Now or Never

Auto industry in danger of going under while lawmakers haggle over lifeline

(Newser) - If Congress is going to save America's auto industry it needs to quit the grandstanding and finger-pointing and take action right now, Tom Walsh writes in the Detroit Free Press. The Big Three have submitted their survival plans as requested, Walsh writes, and the figures show they aren't bluffing—they...

Automakers Raise Request to $34B

(Newser) - Automakers may be returning to Capitol Hill humbled into driving instead of flying, but that won't stop them from holding out their hands for even more money. Collectively, they told Congress today to be willing to shell out a total of $34 billion in loans and lines of credit—up...

GM Seeks $18B in Aid, Needs $4B Immediately

(Newser) - General Motors says it needs an immediate $4 billion loan from the government to get through the month, the Detroit Free Press reports. “Absent support, we can’t continue to operate,” the carmaker’s COO told Congress. GM is requesting a total of $18 billion in federal aid—...

$621M Hill Visitor Center Opens

Building will accommodate tourists visiting Capitol

(Newser) - Congressional leaders spoke today at the opening of the Capitol Visitor Center, the Hill reports. The center, which was heavily delayed throughout its 6 years construction and cost a well-over-budget $621 million, will be the first stop for visitors to the Capitol, who previously had to wait in long lines...

Fla. Sen. Martinez Won't Run in '10

Florida senator opens seat for fierce race

(Newser) - Florida's Sen. Mel Martinez won't be running for re-election in 2010, leaving open a senate seat that's sure to attract big money and fierce partisan competition. The first-term Republican was a sure Democrat target anyway, given that his constituency is split on whether he deserved another shot in Congress. Martinez...

Meet the NY Dems Who Want Clinton's Seat

Cuomo brings fundraising advantage, but should Paterson pick a woman?

(Newser) - Hillary Clinton’s secretary of state nomination has left New York Democrats jockeying for her New York senate seat—and gives Gov. David Paterson a little personal political leverage. Though he hasn’t indicated whom he will appoint, the Washington Post lists some key factors and candidates:
  • There is pressure
...

Parties Bring Out Big Guns for Georgia Run-Off Vote

Rap stars and the GOP's 'rock star' stump on eve of crucial Senate runoff election

(Newser) - Georgia decides its Senate race today and both sides are going all-out to secure a victory that could help determine the direction of the next Congress, the Atlanta Journal-Constitution reports. The GOP has sent in Sarah Palin to stump for incumbent Sen. Saxby Chambliss, while Democratic challenger Jim Martin held...

To Succeed, Obama and Congress Must Stay Tight

Dems eager to make mark after GOP domination, but priorities could shred unity

(Newser) - Democrats in Congress and Barack Obama want to move quickly once he assumes office, but they must pull in the same direction to achieve anything, Naftali Bendavid writes in the Wall Street Journal. “Pent-up energy among House Democrats” could test Obama’s centrist leanings, one observer notes, and history...

In Franken's Run, Cautionary Tale for Matthews

MSNBC host's celebrity isn't all that, and Franken didn't exactly win, either

(Newser) - Chris Matthews seems determined to run for a Senate seat in Pennsylvania in 2010, but beating Republican Arlen Specter isn’t his only problem, Steve Kornacki writes in the New York Observer. The MSNBC host is a cipher to 60% of the electorate, and there are other qualified, ambitious Democrats...

Palin Hits Trail on Eve of Ga. Runoff

Alaska governor campaigns for GOP incumbent Chambliss

(Newser) - Sarah Palin is on the campaign trail again, this time in support of Georgia Sen. Saxby Chambliss, the Atlanta Journal-Constitution reports. “The eyes of the nation are on you,” Palin told a crowd of thousands in the state today, the eve of a runoff election. The Alaska governor...

Once United, Big 3 Take Different Roads to Bailout

Automaker bring different bailout concerns in appeal for federal aid

(Newser) - When the automakers return to Congress this week to beg for a federal bailout, they’ll no longer be presenting one case among them. Each company will unveil its own rejuvenation plan, reports the New York Times. Ford, in best financial shape, wants only the promise of access to federal...

Pols Flout Ethics Law on Trip to Carib Isle

Opulent weekend was funded by top corporations

(Newser) - Six US lawmakers, all members of the Congressional Black Caucus, have been caught rubbing shoulders with lobbyists on a trip that violates federal ethics laws, the New York Post reports. Joining them were three New York officials, including the state's governor—who avoided breaking the law by paying his own...

Stevens Won't Rule Out Pursuing Prez Pardon

Convicted senator may seek clemency from Bush

(Newser) - Even as Ted Stevens appeals of his seven-count felony conviction, the disgraced senator isn't ruling outthe possibility of seeking a pardon from President Bush, the Anchorage Daily News reports. "If I were counsel to him, I would encourage him," says Alaska's former US attorney, a Stevens supporter. "...

New Congress' Key Fights Could Be Dem-on-Dem
New Congress' Key Fights Could Be Dem-on-Dem
ANALYSIS
Nov 25, 2008 10:22 AM CST

New Congress' Key Fights Could Be Dem-on-Dem

Party split ideologically, geographically on major issues

(Newser) - The Democrats have amassed so much power in Congress their internal conflicts may matter more than their fights with the GOP. In Politico, Martin Kady II takes a look at some likely intra-party fault lines:
  • Californians against rust-belters on the environment: “The Midwestern Democrats—Sherrod Brown, Evan Bayh, and
...

Bailout Gives Barney Frank Star Turn
 Bailout Gives 
 Barney Frank 
 Star Turn 
Analysis
Nov 24, 2008 12:57 PM CST

Bailout Gives Barney Frank Star Turn

Expertise makes feisty Mass. Congressman key to handling financial crisis

(Newser) - Through decades in Washington, Barney Frank has developed a reputation as a brainy, if less than polite, liberal attack dog. It’s been a bumpy ride for the House Financial Services chairman, including implication in a male-prostitution scandal, writes Michelle Cottle in the New Republic—but as Congress grapples with...

Home Builders Want Federal Bailout, Too

But critics warn adding to housing supply will only make things worse

(Newser) - Home builders, undeterred by the automakers’ troubles in securing federal aid, are campaigning for a $250 billion stimulus of their own, the Wall Street Journal reports. Saying that the economy can't recover until home prices stop tanking, the builders propose a plan, called “Fix Housing First,” where the...

Coleman's Lead Shrinks to 120
 Coleman's Lead Shrinks to 120 
Nov 22, 2008 11:16 AM CST

Coleman's Lead Shrinks to 120

(Newser) - The Minnesota Senate recount is more than half done, and incumbent Norm Coleman is seeing his slim lead erode day by day, the Minneapolis Star Tribune reports. The Republican’s lead over challenger Al Franken is now 120 votes—down from 215 on Tuesday and around 700 after the election....

GM Board Would Consider Bankruptcy
GM Board
Would Consider Bankruptcy
Nov 22, 2008 8:11 AM CST

GM Board Would Consider Bankruptcy

Directors differ with CEO Wagoner as automaker struggles

(Newser) - Some General Motors’ directors are willing to consider bankruptcy protection as an option for the failing automaker, the Wall Street Journal reports, marking an unusual disagreement with CEO Rick Wagoner. Wagoner told Congress repeatedly this week, in seeking an immediate financial bailout, that reorganizing through a Ch. 11 bankruptcy is...

Waxman's Coup Promises New Agenda
 Waxman's Coup 
 Promises New Agenda 
ANALYSIS
Nov 21, 2008 1:49 PM CST

Waxman's Coup Promises New Agenda

Committee likely to get more aggressive on environment; Dingell's old allies displaced

(Newser) - Henry Waxman ascension to the chairmanship of the House Energy and Commerce Committee could pit him against both Republicans and fellow Democrats, Politico reports. Moderate former chair John Dingell, ousted by the liberal Waxman, left many subcommittee heads who could clash with their new boss. And the GOP is up...

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