Tales from the Trail

from Summit Notebook:

Unlikely alliance: Congressman Barney Frank and the Tea Party

March 2, 2011

At first glance it would appear that Congressman Barney Frank and lawmakers backed by the Tea Party movement would have little in common -- one is a liberal Democrat, the others are conservative Republicans.

Washington Extra – Oil up

March 2, 2011

How high is it? A 2-1/2 year high.

How high can it go? No one knows.

BUSINESS/SUMMERYEnergy Secretary Steven Chu expressed what is on many minds – that the oil price jump can hurt the economy. “We have a very delicate recovery going on and an increase in prices will make that vulnerable.”

Obama, lawmakers may lose own paychecks in government shutdown

March 2, 2011

President Barack Obama and members of Congress may soon have added incentive to reach a budget deal and avert a possible government shutdown: their own six-figure salaries.