Congress Extends Credit for First-Time Home Buyers

Republicans criticize it as another bailout

(NEWSER) - The House today approved $26 billion in emergency funding intended to protect the jobs of teachers and other government employees across the country, the Washington Post reports. Nancy Pelosi called the House back from August recess for a 1-day session to approve the bill, which she thinks will save 300,000 jobs. The House approved the measure by a vote of 247 to 161, mostly along party lines. It now goes to the White House for President Obama's signature. More»

(NEWSER) - President Obama has had to change his tune a few times since he took office, but the content of his speech to Congress tonight will be no surprise, Michael Scherer writes in Time. Talking points have been consistent for long enough to predict 5 key features:

• I'm not Bush: In case Congress didn't notice, Obama will emphasize particularly his break from the former president's "deception" as regards the budget—and the helicopters.

(NEWSER) - The House today passed the $787 billion stimulus bill, once again without a single Republican vote, the AP reports. Eight Democrats also opposed the bill, which will make its way to the Senate later today. The victory belongs to President Obama, who says the package will save or create 3.5 million jobs. Republicans say the measure is light on tax cuts and contains too much pork. More»

President let Congress write stimulus, and probably regrets it

(NEWSER) - Barack Obama is working mightily to sell the stimulus bill, but looks have made one major mistake, Massimo Calabresi writes in Time: He let Congress write it. Obama aides let committee staffers draft the bill, relying on their legislative expertise. “They did a good job of really deferring to Congress,” confirms one. Many, however, aren’t sure deference was the way to go. More»

Obama team surprised by unified Republican opposition in House

(NEWSER) - Barack Obama's failure to snag a single vote from House Republicans for his economic stimulus package underlines the tough task the president faces in winning bipartisan support for his plan, notes Politico. Obama aides were surprised by the vote but expressed confidence that some Republicans will eventually come around. More»