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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 07, 2009
Page
5
Obama warned that annual deficits could reach one trillion dollars and the national debt, already rising, may surge as Medicare costs grow with aging baby boomers. He pledged steps to curb deficits and tax policy changes to aid the economy.
The report notes Gupta weighs spending and tax cuts as part of a broader stimulus plan. He pledges online disclosure of money flows and a ban on earmarks. Obama directs Orszag to revamp the budget process and seek waste cuts while defending the stimulus.
Anh Joseph Cao, a Vietnamese refugee who fled Saigon as a child, was sworn in as a congressman in Louisiana's 2nd District. He defeated incumbent William Jefferson amid a district reform, after a career in law and opposition to abortion, drawing praise from Vietnamese American curator Vu H. Pham for his historic rise.
Roland Burris meets with Mike Dorning to begin negotiations over taking the Senate seat vacated by Barack Obama. Sens. Feinstein and others debate the legality of Burris’s appointment by Gov. Blagojevich as Burris arrives for the new Congress but faces a seating refusal over lack of co-signature from Illinois Secretary of State Jesse White.
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