Word: congression
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...think Congress is going to be tempted to do it again? It will be wait and see for at least the next couple of weeks. If the auto-sales rate drops below expectations, there is always a chance Congress may come up with a similar or totally new stimulus idea, but that won't likely happen unless we experience another period of sustained sub-10 million level [in annual car sales], which I hope never happens again...
Most surprising was how easily and painlessly the reform slipped into Mexican law. The bill was originally filed in October by President Felipe Calderón, a social conservative who is waging a bloody military crackdown on drug cartels. Congress then approved the bill in April - as Mexico's swine-flu outbreak dominated media attention. And finally the law went into the books without any major protests either in Mexico or north of the border. (See pictures of cannabis culture...
...Williams, who is running for U.S. Congress next year, says the banks still need a push. In an editorial last week, the Miami Herald also broached the subject, saying that if lenders "do not step up their efforts to help stressed-out homeowners," then Congress should consider a "change in federal law that would allow bankruptcy judges to reduce the principal owned on home mortgages." In other words, if Williams can't get his law passed in his hometown, perhaps he'll have better luck later if he wins a seat on Capitol Hill...
...politics and p.r., doing a memorable 60 Minutes interview at the height of the crisis, providing an important vote of confidence for Obama's stimulus package and getting the theater as well as the substance right at several key congressional hearings. (Read "Bernanke Defends Fed's Actions Before Congress...
...Stupak, the pro-life Democrat, the battle over abortion in health-care reform is certain to continue when Congress returns from recess. "We are going to do everything we can to stop the rule, or the bill, from coming to the floor," Stupak says, adding that as many as 39 Democratic members of Congress may join him in the effort. It remains unclear how the Senate will deal with the abortion issue. There is also no consensus within the Democratic Party about whether a public option should be included in final health-care-reform legislation...