Bush State of Union to Focus on Economy

Votes for another showdown with President Bush

(NEWSER) - Congress voted 221-205 last night to pump $40 billion into the war in Iraq—only enough to fund combat operations until July. An additional $56 billion would be released contingent on the Iraqi government's progress. The bill omits any timetable for withdrawal, but sets the scene for another showdown with President Bush, who's promised to veto it. More»

Why the left can't seem to govern

(NEWSER) - Congressional Democrats killed Bill Clinton’s agenda, and Jimmy Carter’s agenda, and it looks like they’re gunning for Barack Obama’s, too, writes Jonathan Chait in the New Republic. George Bush didn’t win the popular vote and had just 50 GOP Senators, but was still able to enact a sweeping far-right agenda, thanks to “near-total partisan discipline”—something Democrats can’t seem to muster. More»

(AP) - Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders today, declaring the national economy was "bad and getting worse" and embracing tax cuts expected to reach $300 billion, the AP reports. He predicted lawmakers would approve a mammoth revitalization package within 2 weeks of his taking office. "The economy is very sick," said Obama. More»

Democrats say bipartisan, White House support crucial to measure

(NEWSER) - Nancy Pelosi says she hopes to quickly push through a $61 billion economic stimulus package but will need the support of President Bush and the current crop of Senate Republicans, Reuters reports. Pelosi said a "lame duck session" could come as early as Nov. 16. "It depends on what the White House is going to do," she said of the prospects of getting a bill signed. More»

Struggling economy requires a $150 billion plug, Speaker says

(AP) - House Speaker Nancy Pelosi says a second economic stimulus plan is needed now because of the faltering economy, and she puts the price at $150 billion. President Bush, however, has promised a veto. The House passed a $61 billion economic aid proposal last month before lawmakers left Capitol Hill ahead of the election, but a similar plan failed to pass the Senate. More»