Congress

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UAW Eyes Give-Backs to Help Big 3 Bailout

Union ready to make concessions to secure industry loan

(Newser) - The United Auto Workers appears to be easing off its “no more cuts” stance. The union is negotiating a swath of concessions it hopes will convince Congress to loan money to the Big Three, starting with the elimination of its controversial jobs bank, the Detroit Free Press reports. The...

Bailout Wait 'Nerve-Wracking'
 Bailout Wait 'Nerve-Wracking' 
Nov 21, 2008 1:50 AM CST

Bailout Wait 'Nerve-Wracking'

Hearings 'more hostile than expected,' says Wagoner

(Newser) - Two grueling days of congressional hearings on a bailout for the auto industry were "hostile" and the wait for an answer is "nerve-wracking," General Motors CEO Rick Wagoner told the Detroit News yesterday. GM is ready now to show Congress detailed restructuring plans to convince lawmakers to...

Congress Is Ready to Accept a Single Mom
Congress Is Ready to Accept a Single Mom
OPINION
Nov 20, 2008 3:30 PM CST

Congress Is Ready to Accept a Single Mom

Rep. Sanchez's pregnancy shouldn't make waves in DC

(Newser) - Rep. Linda Sanchez worries Washington may frown on her pregnancy because she isn’t married, but Patt Morrison, in the Los Angeles Times, thinks things have changed. “Twenty years ago, it simply wouldn't have been possible—pregnant, single and a member of Congress? Oh, the scandal! But the culture...

Congress to Big 3: Ball's in Your Court

(Newser) - After failing to strike a deal today on a possible bailout for the Big Three automakers, Congressional leaders offered the firms one more chance to push for the $25 billion lifeline they've requested, the Detroit News reports. Lawmakers will wait until December and require concrete plans for the money before...

Constitution May Sink Hillary's State Chance

Lawmakers can't take federal post for which their Congress raised the salary

(Newser) - Should Barack Obama nominate Hillary Clinton for secretary of state, the confirmation process could be the least of her worries, the Washington Post reports. The Constitution prohibits any member of Congress from assuming a federal post whose salary has been increased during the lawmaker’s term; cabinet salaries have risen...

Kerry Replaces Biden on Foreign Relations Committee

Nuclear nonproliferation among agenda items as Mass. Dem takes over from Biden

(Newser) - John Kerry will be the next chairman of the Senate Foreign Relations Committee, the Boston Globe reports, replacing Joe Biden when he assumes the vice presidency in January. Kerry plans to use his new post to ramp up anti-terrorism efforts in Afghanistan and Pakistan, and to curb the spread of...

Waxman Unseats Dingell to Chair Key House Committee

Energy and Commerce Committee will see much legislation from Obama

(Newser) - House Democrats elected Californian Henry Waxman to chair the House Energy and Commerce Committee today, the Hill reports. Waxman’s new post will hold considerable influence over how the next administration will effect its legislative agenda; his selection over Michigan’s John Dingell, who has served on the committee for...

Political Deadlock Dims Chances of Aid for Detroit

(Newser) - The CEOs of Detroit's Big Three automakers left Capitol Hill today with bleak prospects of getting $25 billion in emergency loans, Bloomberg reports. Negotiations continue, especially among lawmakers of automotive states, but Republicans and Democrats are deadlocked over where any such aid should come from. Senate leader Harry Reid canceled...

Frugal Reps Put the Home in House
Frugal Reps
Put the Home
in House
Nov 19, 2008 3:32 PM CST

Frugal Reps Put the Home in House

As many as 40 sleep in Hill offices, shower in the House gym

(Newser) - Having made their electoral beds on promises of fiscal responsibility, some lawmakers are now sleeping in them—in their Capitol Hill offices, Politico reports. Incoming Republican Rep. Jason Chaffetz plans to bunk on a $45 cot: “When they give me a terrible office up on the seventh floor, I’...

Beau Biden Declines Dad's Job
 Beau Biden Declines Dad's Job 
Nov 19, 2008 2:21 PM CST

Beau Biden Declines Dad's Job

With state's AG saying he plans to keep that job, dance continues over filling Senate seat

(Newser) - Joe Biden’s son put an end to speculation he’ll replace his father in the Senate yesterday, saying he won’t accept any offer and looks forward to returning from Iraq to his position as Delaware’s attorney general, the Wilmington News Journal reports. The vice president-elect has yet...

Senate GOP Crafts Own Auto Bailout Package

Plan would repurpose $25B fuel-efficiency carrot already passed

(Newser) - Senate Republicans are crafting legislation that would repurpose an already-approved $25 billion Energy Department initiative to bail out struggling automakers, the Detroit News reports. The plan is at odds with Democratic efforts, which would use money from the $700 billion Wall Street bailout to help Detroit. The Energy money was...

Now Joe Owes Barack One
 Now Joe Owes Barack One 
ANALYSIS
Nov 19, 2008 11:45 AM CST

Now Joe Owes Barack One

(Newser) - Democrats everywhere, even in the Senate, are still furious with Joe Lieberman for campaigning against Barack Obama. So pushing to allow him to stay in the Democratic caucus, and continue as chairman of the Homeland Security Committee, was a savvy political move on Obama's part, Time reports: Lieberman will owe...

Detroit's Big 3 Plead Their Case in Washington

(Newser) - The CEOs of the Big Three automakers told the Senate today that a $25 billion bailout of the industry is necessary to prevent "catastrophic" effects on the economy, the New York Times reports. “If the domestic industry were allowed to fail,” said GM's Rick Wagoner, it would...

Waxman Counts on Freshmen to Win Energy Post

But Dingell thinks history, fear, money will allow him to keep chair

(Newser) - John Dingell has spent a lot more money than Henry Waxman in his quest to keep his chairmanship of the House Energy and Commerce Committee, lavishing gifts on the Democratic Congressional Campaign Committee. But Waxman has a strategy, Politico reports. The California rep gave generously to 19 promising Democratic candidates....

Kennedy Returns to Work on Capitol Hill

Senator anxious to pass stimulus, health care legislation

(Newser) - Ted Kennedy returned to the US Senate today, having undergone 6 months of extensive treatment for a brain tumor, the Boston Globe reports. Accompanied by his wife, Vicki, and their dogs, Kennedy was greeted by applause from his family and staff in the Russell Caucus Room under a banner that...

Ex-Sen. Gramm Sticks to His Guns on Deregulation
Ex-Sen. Gramm Sticks to
His Guns on Deregulation
ANALYSIS
Nov 17, 2008 10:29 AM CST

Ex-Sen. Gramm Sticks to His Guns on Deregulation

Republican touts benefits of subprime loans, credit-default swaps as critics cry foul

(Newser) - While some experts argue his work contributed to the economic meltdown, former senator Phil Gramm stands by his efforts to deregulate the lending and financial sectors, the New York Times reports. “There is this idea afloat that if you had more regulation you would have fewer mistakes,” Gramm...

Congress Girds for Post-Election Rumbles

Will address new leaders, Detroit bailout, Stevens, Lieberman

(Newser) - A new Congress takes office Jan. 6 and a new Oval Office occupant two scant weeks later, but the old Congress has plenty on its plate when it reconvenes next week, reports Reuters. The session will focus mainly on the economy, especially the auto industry, but legislators also must appoint...

Bailout's Execution Draws Bipartisan Ire on Hill

Treasury's point man takes heat from lawmakers

(Newser) - The Treasury Department's radical shift in the execution of the government bailout drew fire from both sides of the aisle in a Capitol Hill hearing today, the Washington Times reports. Neel Kashkari, point man for the $700 billion plan, felt the wrath of the House Oversight subcommittee's ranking Republican, Darrell...

Obama Vacates Senate Seat, Effective Sunday

Dem's absence, and Biden's, could effect stimulus plan during lame-duck session

(Newser) - President-elect Obama will resign from the Senate effective Sunday, the Chicago Tribune reports. Illinois state law makes Gov. Rod Blagojevich responsible for choosing Obama’s successor, but states no deadline on the appointment. That could be problematic, with a vote possible during Congress’ lame-duck session on pressing economic issues; the...

Bush Could Block Probes Even After He Steps Down

Soon-to-be ex-prez has Truman, Nixon precedents for keeping executive privilege

(Newser) - President Bush may be able to maintain his executive privilege to block investigations even after he leaves office, the New York Times reports. Harry Truman successfully claimed he had the right not to testify in 1953, nearly a year after he left office, and Richard Nixon later used Truman's case...

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