Feb 26 Watch Obama Administration Rolls Out $3.5 Trillion Budget Plan President Obama's $3.5 trillion federal budget plan for the fiscal year includes both record spending and deficits for a wide range of programs, including health care, education and bank rescues. Kwame Holman reports. Continue watching
Feb 26 What About the Recession’s Effects on the Arts? Question/Comment: Is there a possibility that you would do a piece on the Brandeis decision to close the Rose Art Museum and sell the collection? I know you’re a graduate, as I am. It strikes me a bad decision… Continue reading
Feb 25 Watch Nation’s Reaction to Obama’s Congress Speech Gauged President Obama's address to the joint session of Congress and the nation blended confidence that the country will weather the recession with warnings of a tough road ahead. Newspaper editors from across the nation assess the public reaction. Continue watching
Feb 25 Watch Geithner: Bank Nationalization Is the ‘Wrong Strategy’ Treasury Secretary Timothy Geithner details the Obama administration's economic recovery plan and clarifies how the government plans to address the banking crisis. Continue watching
Feb 25 Are We Overreacting to Unemployment Numbers? Question/Comment: In the early ’80’s unemployment was over 10 percent. I’m old enough to remember what the economy was like at that time. It wasn’t pretty given interest rates, but on the other hand we weren’t considering massive government funding… Continue reading
Feb 24 Watch As Banking Woes Grow, Debate Over Nationalization Intensifies As turmoil continues in the U.S. banking industry, speculation is intensifying over whether the government should take larger ownership stakes in banks. Columnist Paul Krugman and former FDIC chief William Isaac weigh the pros and cons. Continue watching
Feb 24 Watch Polls Signal Support for Obama, Concerns on Economy New polls reveal continued public approval of President Barack Obama and a range of concerns on the economy. Two political reporters discuss what the public is thinking -- and why -- one month into the Obama presidency. Continue watching
Feb 24 Watch Obama Addresses Nation Amid More Grim Economic News President Barack Obama addresses Congress and the nation Tuesday amid new testimony from Federal Reserve Chairman Ben Bernanke on the scope of the recession. Kwame Holman reports. Continue watching
Feb 24 Consumer Confidence Plunges to Record Low By Admin, PBS News Hour A private research group announced Tuesday that consumer confidence sank to a record low in February. Meanwhile, Federal Reserve Chair Ben Bernanke told Congress the U.S. economy is suffering a "severe contraction."… Continue reading
Feb 23 Watch Obama’s Vow to Halve Deficit Puts Focus on Budget Plan President Barack Obama cast a new focus on the budget deficit Monday, announcing a goal of halving the $1.3 trillion gap by the end of his first term. Analysts weigh the goal. Continue watching