Yahoo! News: Elections

Treasury's toxic asset plan could cost $1 trillion (AP) Posted: 22 Mar 2009 10:15 PM PDT AP - The Obama administration's latest attempt to tackle the banking crisis and get loans flowing to families and businesses will create a new government entity, the Public-Private Investment Program, to help purchase as much as $1 trillion in toxic assets on banks' books.

Obama: U.S. must have "exit strategy" in Afghanistan (Reuters) Posted: 22 Mar 2009 08:46 PM PDT Reuters - President Barack Obama insisted on Sunday that military force alone would not end the war in Afghanistan and suggested a U.S. "exit strategy" could be part of a new comprehensive policy he is expected to unveil soon.

Daughters 'adapting remarkably,' Obama says (AP) Posted: 22 Mar 2009 08:23 PM PDT AP - Sasha and Malia Obama "are adapting remarkably" to life in the White House, according to their father — who added, "They do seem to be having fun."

Friendly fire: NYT hits Obama (Politico) Posted: 22 Mar 2009 10:38 AM PDT Politico - The leading liberal voices of the New York Times editorial pages all criticized—and, in some cases, clobbered—President Obama on Sunday for his handling of the economy and national security.

Frank: Uncle Sam should sue AIG (Politico) Posted: 22 Mar 2009 09:56 AM PDT Politico - In spite of recent signals of waning White House support for the bonus tax legislation working its way through Congress, Rep. Barney Frank (D-Mass.) on CBS's "Face the Nation" said his talks with the administration lead him to believe there is still support for the tax idea.

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