What You Need to Know: 02.12.09
Obama urges Americans to follow Lincoln
"President Barack Obama called on Americans Thursday to follow Abraham Lincoln's example of showing generosity to political opponents and valuing national unity — above all else.
At a ceremony in the stately Rotunda of the U.S. Capitol marking the 16th president's 200th birthday, Obama said he felt "a special gratitude" to the historical giant, who in many ways made his own story possible. On Thursday night, Obama, the nation's first black president, will deliver the keynote address at the Abraham Lincoln Association's annual banquet in Springfield, Ill."
Congressional Leaders Work to Pass Stimulus Before Presidents' Day
"A day after settling on the details of a nearly $790 billion economic stimulus package, congressional leaders moved to hold final votes on the plan tomorrow in hopes of sending it to President Obama to sign into law by his Presidents' Day deadline.
At a closed-door meeting of House Democrats this morning, House Majority Leader Steny H. Hoyer (D-Md.) told the caucus to expect to vote on the stimulus legislation tomorrow, according to a participant in the meeting. Current plans call for the Senate to hold its final vote on the bill after it arrives from the House."
White House may move to buy bad mortgages
"The White House is considering a proposal to head off potentially millions more home foreclosures by using federal funds to buy up at-risk loans and then refinance them with more affordable terms.
Treasury Secretary Timothy Geithner and other Obama administration officials met Wednesday with a group of top bankers, community groups and financial industry representatives to discuss the plan."
Out of Work and Challenged on Benefits, Too
"It's hard enough to lose a job. But for a growing proportion of U.S. workers, the troubles really set in when they apply for unemployment benefits.
More than a quarter of people applying for such claims have their rights to the benefit challenged as employers increasingly act to block payouts to former workers.
The proportion of claims disputed by former employers and state agencies has reached record levels in recent years, according to the Labor Department numbers tallied by the Urban Institute."
"President Barack Obama called on Americans Thursday to follow Abraham Lincoln's example of showing generosity to political opponents and valuing national unity — above all else.
At a ceremony in the stately Rotunda of the U.S. Capitol marking the 16th president's 200th birthday, Obama said he felt "a special gratitude" to the historical giant, who in many ways made his own story possible. On Thursday night, Obama, the nation's first black president, will deliver the keynote address at the Abraham Lincoln Association's annual banquet in Springfield, Ill."
Congressional Leaders Work to Pass Stimulus Before Presidents' Day
"A day after settling on the details of a nearly $790 billion economic stimulus package, congressional leaders moved to hold final votes on the plan tomorrow in hopes of sending it to President Obama to sign into law by his Presidents' Day deadline.
At a closed-door meeting of House Democrats this morning, House Majority Leader Steny H. Hoyer (D-Md.) told the caucus to expect to vote on the stimulus legislation tomorrow, according to a participant in the meeting. Current plans call for the Senate to hold its final vote on the bill after it arrives from the House."
White House may move to buy bad mortgages
"The White House is considering a proposal to head off potentially millions more home foreclosures by using federal funds to buy up at-risk loans and then refinance them with more affordable terms.
Treasury Secretary Timothy Geithner and other Obama administration officials met Wednesday with a group of top bankers, community groups and financial industry representatives to discuss the plan."
Out of Work and Challenged on Benefits, Too
"It's hard enough to lose a job. But for a growing proportion of U.S. workers, the troubles really set in when they apply for unemployment benefits.
More than a quarter of people applying for such claims have their rights to the benefit challenged as employers increasingly act to block payouts to former workers.
The proportion of claims disputed by former employers and state agencies has reached record levels in recent years, according to the Labor Department numbers tallied by the Urban Institute."
Labels: what you need to know
posted by Justine at 2:45 PM
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