Mar 20 Watch AIG Bonus Outrage, Deficit Complicate Obama Agenda With Washington still railing against more than $160 million of bonuses at insurance giant AIG, Mark Shields and Byron York consider the impact of the furor and the new estimates of the growing federal deficit on President Obama's agenda. Continue watching
Mar 20 Israel's Next Top Diplomat Has History of Ruffling Feathers By Admin, PBS News Hour Israel's anticipated next top diplomat, Avigdor Lieberman, has raised some ire in the international community for his ultra-nationalist stances, which analysts say might have far-reaching consequences on Israel's relations with the rest of the world. Continue reading
Mar 20 Bleak Deficit Numbers Projected Under Obama's Budget Plan By Admin, PBS News Hour The Congressional Budget Office released figures Friday forecasting that President Barack Obama's budget will produce $9.3 trillion worth of red ink over 2010-2019 and that the deficit for this fiscal year will rise to a record $1.8 trillion. Continue reading
Mar 20 Obama Sends Video Message to Iran By Admin, PBS News Hour President Barack Obama sent Iran and its citizens a video message Friday, saying the United States is prepared to end years of strained relations if Tehran tones down its rhetoric. Continue reading
Mar 19 Watch Karzai: Additional U.S. Troops 'Seven Years Too Late' In an interview with Margaret Warner, Afghan President Hamid Karzai welcomed additional U.S. troops, but said they were "seven years too late." He also endorsed reaching out to members of the Taliban who embraced the Afghan constitution. Continue watching
Mar 19 Q&A: The Path of Stimulus Funds to Local Projects By Admin, PBS News Hour Grover "Russ" Whitehurst is a Brookings Institute Senior Fellow and a former official with the U.S. Department of Education. In this Q&A, he explains how the stimulus funds will make their way to local projects, particularly for school programs. Continue reading
Mar 19 Concerns Emerge on Prevention of Stimulus Fraud By Admin, PBS News Hour Hoping to cement a strategy that protects the $787 billion stimulus bill from waste and fraud, state and federal officials testified before the Committee on Oversight and Government Reform Thursday about how to track and prevent wasteful spending. Continue reading
Mar 19 Is the Federal Reserve Public or Private? By Business Desk Question: Is the Federal Reserve “federal” as the name implies, or is it as “federal as Federal Express,” meaning a private, for-profit corporation? I’ve heard it both ways and would like the answer clarified by a hard-hitting reporter whose willing… Continue reading
Mar 18 Obama Holds Town Hall in Costa Mesa, Calif. By Admin, PBS News Hour President Barack Obama held a town hall meeting in Costa Mesa, Calif., Wednesday, where he spoke about the AIG controversy, his plan for the budget and economic recovery plans. Continue reading
Mar 18 AIG Chairman Liddy Heads to Capitol Hill By Admin, PBS News Hour The head of American International Group appeared on Capitol Hill Wednesday amid a furor over bonus pay at the company and told lawmakers that he's called on employees to return a portion the controversial payments. Continue reading