New Congress faces economic crisis and bold Obama agenda
Washington AP reports the Democratic Congress opens amid a worsening recession and a $775 billion recovery plan. Pelosi promises swift action while Franken edges Coleman for Senate seat and Burris fights admission amid Blagojevich scandal. Budget deficits loom as health care and pay equity await votes.
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Washington
Congress
Barack Obama
Obama
House
Nancy Pelosi
D-Calif
White House
al Franken
Minnesota
Senate
Norm Coleman
Roland Burris
Illinois
Rod Blagojevich
Burris
Blagojevich
Pelosi
Obama taps Panetta to lead CIA amid shift from spies
Barack Obama selects Leon Panetta to head the CIA signaling a move toward strong managerial leadership over seasoned intelligence gathering. Critics, including Sen Dianne Feinstein, question his lack of direct intelligence experience and consultative process, while Dennis Blair is named DNI candidate.
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Washington
Barack Obama
White House
CIA
Obama
Leon Panetta
U.S
Panetta
Clinton White House
Intelligence Committee
Sen
Dianne Feinstein
Dennis Blair
National Intelligence
Blair
U.S. Pacific Command
Congress
Stimulus plan boosts business tax refunds
Barack Obama's proposed stimulus would let businesses reclaim billions in taxes paid in past years, boosting cash flow and appealing to business groups. The plan includes up to 300 billion in tax cuts, with more than 100 billion for businesses, plus a one year credit for hiring. Officials say refunds could exceed prior estimates as losses mount in 2008.
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Washington
Barack Obama
Obama
Dorothy Coleman
National Association of Manufacturers
Congress
Bruce Wein
U.S
DLA Piper
Wein
Capitol
Bruce Josten
U.S. Chamber of Commerce
Josten
Chamber
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