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Financial bailout. Bailout Plan: $2.5 Trillion and a Strong U.S. Hand "The White House plan to rescue the nation's financial system, announced on Tuesday by Timothy F. Geithner, the Treasury secretary, is far bigger than anyone predicted and envisions a far greater government role in markets and banks than at any time since the 1930s." Wall Street Slams Plan With Sell-Off "Treasury Secretary Timothy F. Geithner vowed yesterday to bring the 'full force' of the U.S. government to battle the financial crisis, assembling an unprecedented coalition of agencies and mustering federal resources on a scale rarely seen except at wartime." Treasury Secretary Timothy Geithner offers up revised financial bailout plan "In unveiling President Barack Obama's long-promised strategy for reviving the nation's moribund financial system, Treasury Secretary Timothy Geithner on Tuesday offered up the functional equivalent of a plan without a plan: a broad overview of guiding principles, minus most of the crucial details on such critical issues as helping homeowners avoid foreclosure." New bank bailout fails to address core economic problems "The financial rescue plan unveiled Tuesday offers important moves to spur consumer lending, experts said, but it fails to answer key questions about how it would attack fundamental causes of the deepening economic crisis."
Economic stimulus. Senate Approves Stimulus and Begins Intense Talks "Congressional leaders moved quickly into intense negotiations with the Obama administration on Tuesday after the Senate voted to approve an $838 billion economic stimulus plan, and officials said the talks were on a fast track to finish the legislation perhaps by the end of this week." Senate, House Begin Talks on Stimulus "Senators began talks with the House yesterday to determine which tax breaks and spending provisions will survive as part of a final stimulus package, but despite the optimism leaders in both chambers expressed about quickly resolving their differences, the negotiations are expected to be contentious." Obama campaigns for economic stimulus plan "Reporting from Fort Myers, Fla. -- Continuing his tour of struggling cities, Obama spoke to about 1,500 people here, warning that the stimulus bill should not become a casualty of Washington infighting." States Counting on Stimulus Aid to Balance Budgets "If the House version of the federal stimulus package becomes law, Ohio will save 300 youth services jobs, 130 more in addiction counseling and at least 20 positions for aides who provide a respite to relatives of Alzheimer's patients."
Immigration. Revisiting immigration ordinances "Some states, cities and counties that plunged into the immigration debate are having second thoughts.
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