Yahoo! News: Elections

Richardson withdrawal leaves gap in Cabinet picks (AP) Posted: 05 Jan 2009 03:25 AM CST AP - The Cabinet that President-elect Barack Obama picked on a fast track has an unexpected opening, with New Mexico Gov. Bill Richardson, Obama's choice for commerce secretary, withdrawing under pressure of a federal investigation into how his political donors landed a lucrative transportation contract.

Obama to meet congress leaders on economic plan (AP) Posted: 05 Jan 2009 03:06 AM CST AP - Barack Obama is heading to Capitol Hill to push for quick action on a broad economic stimulus package that congressional leaders are saying won't be ready until mid-February at the earliest — almost a month later than the president-elect wanted.

Analysis: Can Uncle Sam spend cash fast enough? (AP) Posted: 05 Jan 2009 03:01 AM CST AP - Washington bureaucrats have a reputation for being able to spend taxpayer money real fast. But, believe it or not, spending it fast enough is one of the biggest tasks President-elect Barack Obama's economic team faces in putting together an economic recovery measure.

Va gov Kaine to take over as Democratic chairman (AP) Posted: 04 Jan 2009 05:41 PM CST AP - Virginia Gov. Tim Kaine is set to become the next chairman of the Democratic Party. Two Democratic officials said Sunday that President-elect Barack Obama has chosen the governor to take over the Democratic National Committee.

Obama plans to unveil big tax cuts (Politico) Posted: 04 Jan 2009 06:49 PM CST Politico - Aiming to foster bipartisan support for his record-setting economic stimulus, President-elect Barack Obama plans to propose huge tax cuts for businesses and middle-class workers that will total about 40 percent of the package, or up to $310 billion, congressional officials said.

Minn. board to announce Al Franken Senate winner (AP) Posted: 05 Jan 2009 03:32 AM CST AP - The state Canvassing Board was posed to certify the results of the recount in Minnesota's grueling Senate election in Al Franken's favor — but that doesn't mean the race is definitely over.

Obama bids Midwest goodbye, lands in Washington (AP) Posted: 04 Jan 2009 10:45 PM CST AP - President-elect Barack Obama rejoined his family in Washington on Sunday evening after bidding a poignant farewell to his Chicago home as he begins final preparations for his Jan. 20 inauguration.

Former President Bush touts son Jeb for top job (AP) Posted: 04 Jan 2009 01:46 PM CST AP - Another President Bush?

Burris drama plays out as Senate set to begin work (AP) Posted: 04 Jan 2009 11:50 AM CST AP - The Senate's top two Democrats defended their right to deny a seat to Roland Burris, Barack Obama's successor-in-waiting, while refusing to rule out a deal as Congress and its new members begin work this week.

U.S. weighs tax move (Reuters) Posted: 05 Jan 2009 03:54 AM CST Reuters - Cautious New Year optimism rippled through Asian and European stock markets on Monday as investors waited for news of tax cutting plans in Germany and the United States.

Great expectations for Obama abroad (The Christian Science Monitor) Posted: 05 Jan 2009 02:00 AM CST The Christian Science Monitor - The Promise of Change was central to Barack Obama's presidential election.

Obama, lawmakers to discuss economic plan (AFP) Posted: 04 Jan 2009 11:54 PM CST AFP - US President-elect Barack Obama will meet Monday with key congressional leaders to discuss a multi-billion-dollar economic stimulus plan Democrats hope to pass shortly after Obama takes office.

Pressure mounts on Japan PM as parliament meets (AFP) Posted: 04 Jan 2009 11:52 PM CST AFP - Japan's parliament convened Monday for a session on measures to revive the flagging economy with Prime Minister Taro Aso under pressure both from within and outside the ruling bloc to call a snap election.

Obama takeover augurs financial regulator shakeup (Reuters) Posted: 04 Jan 2009 10:35 PM CST Reuters - President-elect Barack Obama and Democrats in Congress will take over the government this month with big plans to overhaul U.S. financial regulation and a surge of momentum behind them.

Obama stimulus plan includes 300 bln in tax relief: report (AFP) Posted: 04 Jan 2009 10:08 PM CST AFP - President-elect Barack Obama is including a 300 billion dollar tax break in his massive stimulus package for the US economy that he will begin discussing with lawmakers on Monday, The Wall Street Journal said.

Obama taps Tim Kaine for Democratic Party chairmanship (AFP) Posted: 04 Jan 2009 10:01 PM CST AFP - US President-elect Barack Obama has tapped Virginia Governor Tim Kaine to be the next chairman of the Democratic National Committee, leading US newspapers reported on their websites Sunday.

Texas lawmakers: GOP speaker drops re-election bid (AP) Posted: 04 Jan 2009 09:31 PM CST AP - Texas House Speaker Tom Craddick, the longest serving Republican in state elective office, is dropping his bid for a fourth term as speaker, four GOP House members said Sunday.

Obama, Democrats See Need for Speed From New Congress (Bloomberg) Posted: 04 Jan 2009 09:11 PM CST Bloomberg - Jan. 5 (Bloomberg) -- A new Congress with strengthened Democratic majorities convenes tomorrow with one overriding goal: speed.

Obama seeks major tax cuts in stimulus plan (Reuters) Posted: 04 Jan 2009 09:06 PM CST Reuters - President-elect Barack Obama, seeking to drum up support from both political parties, plans to propose up to $310 billion in tax cuts for businesses and the middle class as part of his massive economic stimulus package, senior Democratic aides said on Sunday.

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