Word: congresses
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Ever since the automakers first asked for a bailout last month, the Bush Administration has been urging that it come out of a $25 billion loan package Congress approved in September that the automakers were supposed to use to retool their assembly lines to build more fuel-efficient vehicles. Democratic Congressional leaders have wanted the cash to come instead from the $700 billion financial rescue pot they gave Treasury Secretary Hank Paulson in October - which is why the auto executives found themselves in the strange position of pleading their case before the House and Senate banking committees...
...period. A consensus has developed on the big questions such as liberal economics, and efforts to alleviate poverty. Regardless of who replaces Kufuor out of the two leading candidates - Nana Akufo-Addo, 62, from Kufuor's ruling New Patriotic Party, and John Atta Mills, 62, of the National Democratic Congress are neck and neck in the race, according to opinion polls - neither is expected to initiate radical change...
...field manual standard comes at a critical time. Senior members of Obama's transition staff, including future White House counsel Greg Craig, Attorney General nominee Eric Holder and Democratic Senate staffer Mary DeRosa, have been holding wide-ranging meetings to gather opinions about interrogation policy. Obama does not require Congress's approval to pull back on Bush's current interrogation policies, and an executive order reversing them could be released as early as next January...
...final outcome of the President's interrogation plan is still under development, as is any legislative push by Democrats in Congress next year. Both Wyden and Feinstein say they are considering new legislation to codify the restrictions on presidential power when it comes to interrogation, an effort that President Bush repeatedly resisted. "No one here thinks that President Obama is going to commit any abuse of prisoners," said Hoelzer, the Wyden spokeswoman. But she added that there was much less confidence in the priorities of those Presidents who might follow Obama into the office...
Nothing so cheers the soul of a hardened businessman as the sight of a competitor on his knees. So you'd expect the spectacle this week of Detroit's struggling Big Three carmakers begging Congress for $34 billion in loans and lines of credit would be cause to break out the sake in Japanese boardrooms...