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Meanwhile, companies large and small are lining up to tap the $25 billion in loan guarantees administered by the U.S. Department of Energy to help the automakers re-tool for building more efficient vehicles. Congress appropriated the money in September and President-elect Barack Obama promised to double the funding during a late October visit to Detroit...

Author: /time Magazine | Title: The Auto Bailout Keeps Growing, and Growing | 1/14/2009 | See Source »

Surely this wasn't what Barack Obama had in mind when he imagined the days leading up to his historic Inauguration. On Tuesday, the President-elect journeyed to Capitol Hill to try to avoid the possibility that his first act in office will be vetoing a bill passed by both houses of Congress...

Author: /time Magazine | Title: Obama Urges Congress Not to Block the Bailout | 1/14/2009 | See Source »

...public life." With the state of politics today, Hare won't be out of a job anytime soon. But, as he has discovered, sometimes audiences would rather focus on hope than hypocrisy. He frets that Gethsemane's initial reception was muted because it opened during the glow of Barack Obama's election. "All these people came, in a wonderful mood," he says. "Then they sat down and were faced with the shenanigans of the old gang, behaving in their usual dreadful way. You could feel in the audience a sense of 'We don't want this.' " Within weeks, though...

Author: /time Magazine | Title: David Hare: Truth to Power | 1/14/2009 | See Source »

...President-elect Barack Obama and his family settle into Washington ahead of his Inauguration, they will undoubtedly go through a period of adjustment. The girls will need to get used to a new school, the whole family will learn soon enough about the city's muggy summers, and Obama may need to become a hockey fan, because the other local sports teams currently range from mediocre to stupendously...

Author: /time Magazine | Title: Obama's Other Breakthrough: A Big-City President | 1/13/2009 | See Source »

...hearings begin just the latest stage in Clinton's ongoing evolution as a political celebrity. From the powerful, embattled First Lady and junior Senator to the hard-nosed, hard-luck presidential contender, Clinton is now set to emerge as Barack Obama's top diplomat, charged with managing multiple crises that threaten the success of his presidency. (See the members of Obama's White House...

Author: /time Magazine | Title: Clinton's Senate Hearing Is First Diplomatic Test | 1/13/2009 | See Source »

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