Obama plunges into econ talks, predicts approval
WASHINGTON (AP) — President-elect Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders Monday, declaring the national economy was "bad and getting worse" and embracing tax cuts now expected to reach $300 billion. He predicted lawmakers would approve a mammoth revitalization package within two weeks of his taking office.
If the two-year plan is enacted, workers would see larger paychecks almost immediately because taxes withheld by the government would drop. The break would be retroactive to Jan. 1, and couples receiving a $1,000 tax cut would begin receiving an extra $40 in twice-monthly paychecks as the government tries to spark more consumer spending.
"The economy is very sick," said Obama, who met privately with leaders of both parties at the Capitol. "The situation is getting worse. ... We have to act and act now to break the momentum of this recession.
Burris says he's senator _ but Dems won't seat him
WASHINGTON (AP) — Senate Democrats struggled to avert a showdown steeped in race and corruption Monday as a defiant Roland Burris declared, "I'm a United States senator" and flew to the capital to cla
» Full StoryProp. 8 backers blast Calif. Attorney General
SAN FRANCISCO (AP) — Sponsors of California's voter-approved gay marriage ban accused Attorney General Jerry Brown on Monday of advancing a far-fetched legal theory to justify overturning it.
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WASHINGTON (AP) — Take that, Andromeda! For decades, astronomers thought when it came to the major galaxies in Earth's cosmic neighborhood, our Milky Way was a weak sister to the larger Andromeda.
» Full StoryNew Congress, Old Problems
By ANDREW TAYLOR
Associated Press Writer
WASHINGTON — The Democratic-dominated Congress convenes today to confront perhaps the worst economic crisis since the Great Depression and to gra
Burris Determined to Take His Senate Seat
WASHINGTON (AP) — Barack Obama’s appointed successor declared today he’s qualified to take a seat in the Senate and said he’ll go to Capitol Hill to do just that.
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