On the Radar: January 12, 2010

"Obama Weighs Tax on Banks to Cut Deficit"
By Jackie Calmes, The New York Times
President Obama will try to recoup for taxpayers as much as $120 billion of the money spent to bail out the financial system, most likely through a tax on large banks, administration and Congressional officials said Monday....Continue Reading

"Economic calendar governs new year"
By Jeanne Cummings, POLITICO
Late last week, Democrats were clinging to the hope that December’s unemployment figures would provide good news to start off the 2010 election year...Continue Reading

"Banks Brace for Bailout Fee"
By Deborah Solomon & Damian Paletta, The Wall Street Journal
The Obama administration is aiming to hit banks with a fee to recoup losses associated with the government's bailout of financial firms and the auto industry, administration officials say....Continue Reading

"States protest Supreme Court ruling on live testimony"
By Joan Biskupic, USA Today
In an unusual move Monday, the Supreme Court revisited a 2009 case testing when prosecutors who introduce lab reports of drug or blood evidence must call the analyst who prepared the report to testify....Continue Reading

Posted: Tue, 01/12/2010 - 6:01pm