Tales from the Trail

The First Draft: $829 billion — and that’s the good news

October 8, 2009

KOREA/You’ve no doubt heard the old saying about money and Washington: a billion here, a billion there, and pretty soon you’re talking about real money. That seems to be the case for fixing U.S. healthcare.

The First Draft: Economy steadying?

August 27, 2009

Slowly but surely, more economists and experts are expressing some optimism about the economy, saying the worst might be over. New indicators released this morning support that sentiment.USA-UNEMPLOYMENT

The First Draft: Obama’s travels of no help at home

July 9, 2009

President Barack Obama remains hard at work at the summit of G8 wealthy industrialized nations in Italy on Thursday, while his top domestic initiatives stumble and misfire at home.

The First Draft: missiles, jobs and a soldier captured

July 2, 2009

USA-SUMMIT/PROTESTAs sometimes happens in Washington, much of the news reverberating around town this morning started someplace else.

The First Draft: the Supreme Court and the Spelling Bee

May 28, 2009

SPELLING BEE/KIDSWith Congress gone this week and President Barack Obama out of town for most of today, Washington turns to its two traditional inside-the-Beltway sporting events: handicapping a Supreme Court nominee’s chances of confirmation, and watching the nerve-wracking finals of the National Spelling Bee.

First Draft: Jobs, jobs, jobs

May 8, 2009

USA/Today, as ever, it’s all about jobs. War, pestilence (in the form of the H1N1 flu), a big gas explosion at a shopping mall outside Washington, the re-opening of the Statue of Liberty’s crown – all these take a back seat to jobs, especially in a recession. And especially after this week’s “stress test” results for banks, when the unemployed might well be asking, “OK, the big banks got their bailout. Where’s ours?”

New York, California want rejected stimulus dough

February 23, 2009

Watch out Louisiana, Mississippi and South Carolina, New York and California would love those dollars you turn down from the $787 billion economic stimulus plan.
 
A few governors, namely Louisiana’s Bobby Jindal, South Carolina’s Mark Sanford and Mississippi’s Haley Barbour, have all said that they may turn down some of the stimulus money for their states, particularly aid aimed at bolstering unemployment benefit programs.
 
“We can’t pay for the benefits already in the program, but to get the stimulus money, we’ve got to increase the program’s size and scale,” Sanford said on “Fox News Sunday”.
 
That has some other states hard hit by the deepening recession calling for the money to be sent their way, especially New York where Wall Street has been laying off workers by the thousands.MARKETS-STOCKS/
 
“If any governor — Democrat or Republican — leaves stimulus money on the table, then we respectfully request that funds be distributed to New York,” the state’s two Democratic senators, Charles Schumer and Kirsten Gillibrand, said in a letter to President Barack Obama on Monday.
 
Another New York lawmaker, Representative Anthony Weiner, plans to offer legislation that would redirect rejected stimulus funds to other states. 
 
“If some governors decide to reject the money, 45 other states should be able to use it to create thousands of jobs. We have plenty of projects across the country that will put people to work and help achieve long term economic growth and stability,” Weiner said in a statement.

First draft: Back on the trail again

February 9, 2009

Just three weeks into his presidency, Barack Obama heads back out on the campaign trail today. This time he’s going to a hard-hit part of Indiana where unemployment has soared, to try to build support for an $800 billion economic stimulus package.USA-OBAMA/