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December 1, 2008 8:20:12 AM CST

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7 Stories

 Deal Reached on Bailout 

Bill would address exec salaries, hold equity stake for taxpayers

Washington Post Washington Post Sep 28, 08 5:08 AM CDT
(Newser) - Congress and the Bush administration have agreed on a preliminary plan for the $700 billion bailout bill, Washington leaders said after emerging from talks after midnight this morning. Though details need ironing out, “I think we're there,” announced Treasury Secretary Henry Paulson. Work was to continue with a vote possibly as soon as tomorrow, the Washington Post reports. More »

More about:  Financial Crisis • Congress • bailout • subprime crisis • Henry Paulson • bill • compromise

New Compromise Close
on Bailout Bill

Plan would include optional insurance-based protection

Wall Street Journal Wall Street Journal Sep 27, 08 7:56 AM CDT
(Newser) - Washington is nearing a new compromise on a Wall Street bailout plan, the Wall Street Journal reports, this one aiming to reel in House Republicans who rebelled Thursday against the bill that had been hammered out by congressional negotiators. The new plan would incorporate the group's alternative model—using an insurance pool rather than tax money to cover losses on bad assets—as an option within the White House’s original $700-billion plan. More »

More about:  Financial Crisis • bailout • Department of the Treasury • House Republicans • bill • compromise

ANALYSIS

How McCain Became a Senate Power

After 2000 defeat, he remade himself as
master dealmaker

New York Times New York Times Jul 21, 08 9:00 AM CDT
(Newser) - Prior to his 2000 bid for the White House, John McCain spent more time mocking his fellow senators than compromising with them. But after his defeat, the Arizona legislator returned to the Senate with a softened demeanor and got down to the business of legislation. The New York Times looks at how McCain cuts deals with everyone from Democrats to his sworn enemies in his own party, and has become the Senate's most powerful member. More »

More about:  John McCain • Senate • Dick Durbin • Election 2000 • compromise • triangulation

GOP Charts Offshore Drilling Compromise

Rising energy costs may sway moderate Dems to cross lines

Politico Politico Jul 8, 08 11:12 AM CDT
(Newser) - Senate Minority Leader Mitch McConnell is trying to forge a bipartisan coalition on domestic oil drilling, Politico reports. Republican senators believe they can sway enough moderate Democrats on an amendment to end a federal ban on coastline drilling—allowing a dramatic shift in US energy policy, and reaping a big victory for the GOP. More »

More about:  Senate • gas prices • GOP • energy • bipartisanship • oil drilling • offshore oil • Mitch McConnell • compromise

Supporters Blast Obama on His Own Website

Barackobama.com flooded with protests over FISA flip-flop

New York Times New York Times Jul 2, 08 10:53 AM CDT
(Newser) - Barack Obama’s abrupt about-face on new FISA legislation that would grant immunity to telcos that aided the Bush administration in warrantless wiretaps has some supporters hopping mad—and they’re using the forums on the candidate's own website to protest, the New York Times reports. During the primaries Obama pledged to oppose the legislation, but now supports a compromise version. More »

Candidates Reject
Fla. Delegate Compromise

Compromise plan would have split up delegate slate

Tallahassee Democrat Mar 20, 08 12:19 PM CDT
(Newser) - The Obama and Clinton campaigns rejected a compromise plan for seating Florida’s delegates—half according to its illicit January primary and the other half based on national vote totals or delegate counts. Sunshine State lawmakers are demanding their state get some sort of say in the tight Dem race; one suggested the candidates “get in a room together and work this thing out.” More »

More about:  Barack Obama • Hillary Clinton • Florida • delegates • primary • DNC • compromise • Sunshine State

Bush Pitches $145B in
Tax Relief

Stimulus plan includes business incentives, individual rebates

Wall Street Journal Wall Street Journal Jan 18, 08 11:54 AM CST
(Newser) - President Bush today called for a $145 billion stimulus package to stop the economy from sliding into a recession, the Wall Street Journal reports. A bipartisan plan loaded with compromises is likely in the near future. Valued at 1% of GDP—and in line with dollar amounts suggested by the Fed—Bush’s plan includes tax relief for individuals and business incentives. More »

More about:  George W. Bush • Ben Bernanke • economic stimulus package • compromise

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