Feb 04 Obama Links $500,000 Executive Pay Cap to Bailout Funds By Admin, PBS News Hour President Barack Obama and Treasury Secretary Timothy Geithner announced Wednesday a pay cap of $500,000 for top executives at companies that receive federal dollars under the Troubled Asset Relief Program for struggling banks and corporations. Continue reading
Feb 03 Watch Spending, Tax Cuts in Stimulus Package Provoke Fierce Debate in Senate Opponents of the stimulus package moving through the Senate are skeptical of the bill's increasing size, and of certain proposals they claim would not effectively boost the economy. Senators Jack Reed and John Thune debate the measure. Continue watching
Feb 03 Watch Tax Lapses Derail Daschle and Killefer Nominations Two prominent Obama nominees, Tom Daschle and Nancy Killefer, withdrew their nominations Tuesday over controversies surrounding tax lapses. Political reporters mull the impact. Continue watching
Feb 03 Obama Names GOP's Gregg for Commerce Post By PBS News Hour President Barack Obama named a third prominent Republican to his Cabinet Tuesday, selecting Sen. Judd Gregg of New Hampshire as his replacement pick for commerce secretary. Continue reading
Feb 02 Watch Ethical, Legal Challenges Loom in Vetting Cabinet Choices While some of President Obama's Cabinet picks have sailed through confirmation, others have hit snags, such as Tom Daschle's recent admission of past tax mistakes. Analysts mull the pitfalls of cabinet-building. Continue watching
Feb 02 Daschle Cabinet Bid Hits Trouble Over Tax Issue By PBS News Hour Tom Daschle, President Barack Obama's choice to spearhead a reform effort of the costly U.S. health care system, fought Monday to salvage his appointment by apologizing for failing to pay back taxes. Continue reading
Jan 30 Watch Backlash Continues Over Billions Paid in Wall Street Bonuses in 2008 In one of the worst economic years in history, Wall Street executives received more than $18 billion in bonuses. Experts examine how such bonuses work, followed by the analysis of Mark Shields and David Brooks. Continue watching
Jan 30 Watch Shrinking GDP, Obama Task Force Cap Week's Economic News There was more evidence Friday the recession is getting worse, a fact that President Obama and his economic team continued to confront. Columnists Mark Shields and David Brooks mull Mr. Obama's approach. Continue watching
Jan 30 Senate Passes SCHIP Bill in Party-line Vote By Admin, PBS News Hour The Senate on Thursday approved legislation to provide health insurance coverage to about 4 million uninsured children. The measure passed 66-32 in a vote split mostly along party lines. Continue reading
Jan 30 U.S. Economy Shrinks at Fastest Rate in 26 Years By Admin, PBS News Hour The U.S. economy shrank at its fastest rate in more than a quarter century between October and December, according to federal government data released Friday. Continue reading