Yahoo! News: Elections

Obama promotes fiscal restraint, big spending (AP) Posted: 25 Nov 2008 03:26 AM CST AP - President-elect Barack Obama wants to project fiscal restraint even as his economic team assembles a massive recovery package that could cost several hundred billion dollars.

Obama using bully pulpit to tackle economy (AP) Posted: 25 Nov 2008 03:32 AM CST AP - Pushing the calendar, and maybe his luck, President-elect Barack Obama is urging rapid approval of a massive economic stimulus package meant to calm turbulent financial markets.

Obama's tax hike for the rich may be delayed (AP) Posted: 24 Nov 2008 11:51 PM CST AP - An economic crisis, rising joblessness and a credit squeeze can make a president-elect refine his words. Today's word is "repeal." During his presidential campaign, Barack Obama promised to repeal President George W. Bush's tax cuts for the wealthy ahead of their scheduled expiration in 2011.

Longtime Biden aide picked to fill his Senate seat (AP) Posted: 24 Nov 2008 08:36 PM CST AP - Edward "Ted" Kaufman, a former aide to Sen. Joe Biden, was named Monday by Delaware Gov. Ruth Ann Minner to fill the Senate seat Biden is leaving for the vice presidency.

Georgia on the Democrats' mind (Politico) Posted: 24 Nov 2008 08:54 PM CST Politico - ATLANTA — Here on the central front in the battle to capture a 60-seat, filibuster-resistant Democratic Senate majority, only one thing matters anymore—turning out the party faithful.

Bush says Citigroup deal needed to protect system (AP) Posted: 24 Nov 2008 03:47 PM CST AP - President Bush argued Monday that the government's dramatic rescue of Citigroup was necessary to "safeguard the financial system" and help the economy recover, and he said there could be more such moves if other institutions need help.

In Summers, Obama gets a lauded economic thinker (AP) Posted: 24 Nov 2008 04:18 PM CST AP - As Treasury secretary, Lawrence Summers was famous for wolfing down a bag of Cheetos and polishing them off with a can of Diet Coke. The tip-off was the patina of orange dust on his suit.

Obama: Costly stimulus needed to jolt economy (Reuters) Posted: 25 Nov 2008 02:46 AM CST Reuters - President-elect Barack Obama promised on Monday to jolt the faltering U.S. economy with a costly stimulus package next year and introduced the team that will help him navigate the global financial crisis.

Obama pushes for swift action to revive economy (AFP) Posted: 25 Nov 2008 02:41 AM CST AFP - President-elect Barack Obama was set to expand his call for swift action to revive the stricken US economy Tuesday in his second press conference in as many days focused on unveiling his economic team.

Citigroup bailout breeds relief, caution (AFP) Posted: 25 Nov 2008 04:17 AM CST AFP - The rescue of US banking giant Citigroup and steps by governments to spur economic growth calmed fears of financial turmoil on Tuesday, tempered with caution over the wider scope of the crisis.

Obama, Democrats plan $500B economic package (AP) Posted: 25 Nov 2008 02:17 AM CST AP - Congressional Democrats and President-elect Barack Obama are laying the groundwork for quick enactment in January of a giant, two-year economic rescue package that will total about a half-trillion dollars.

Washington is busy spending lots and lots of money (AP) Posted: 25 Nov 2008 02:16 AM CST AP - Wars. Bailouts. Unemployment aid. Automakers. Washington has opened the tap on big spending and money is gushing down the pipeline.

Musgrave mum as she gets ready to leave D.C. (Rocky Mountain News) Posted: 25 Nov 2008 01:05 AM CST Rocky Mountain News - WASHINGTON - A stinging election defeat has silenced a woman once considered a rising star in the social conservative movement - at least for now.

Biden sub pick creates blowback (Politico) Posted: 24 Nov 2008 09:57 PM CST Politico - Delaware Gov. Ruth Ann Minner’s (D) decision to appoint Vice President-elect Joe Biden’s longtime aide Ted Kaufman to the Senate has upset local Democrats who believe the move was a ham-handed attempt to engineer the election of Biden’s son, Beau, to the Senate in 2010.

Opposition gains ground in Venezuela elections (Reuters) Posted: 24 Nov 2008 09:35 PM CST Reuters - Venezuela's growing opposition and President Hugo Chavez's left-wing party shared the spoils from weekend elections, jostling for political advantage in the oil-producing nation on Monday.

Barbara Walters to interview Obamas (Reuters) Posted: 24 Nov 2008 08:44 PM CST Reuters - The Barack Obama media tour is making another stop -- and at another high-profile place.

Brennan, Blair head others on intel short list (AP) Posted: 24 Nov 2008 08:04 PM CST AP - With President-elect Barack Obama's economic team settled Monday, attention is now turning to his national security team and its top two intelligence posts.

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