Word: elective
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...funds will not be drawn from new debt but rather from existing dollars appropriated earlier this year in the energy bill. This is the same modernization fund the automakers were banking on to get them from SUV-land to Hybrid-world, so it's likely that come January President-elect Barack Obama will have to find or print fresh resources to help keep the ailing companies on the road. In other words, the $15 billion bridge fund Congress is expected to approve in the coming days is only the first installment of what some economists warn could cost...
...David Brooks, in a recent well-circulated column, gushed about the “valedictocracy” that the President-elect has established by selecting an almost exclusively well-credentialed cabinet and senior staff. Enumerating the impressive almae matres of these Obama appointments, Brooks imagined a new era of government in which its chief stewards do not come from the “insular coterie of lifelong aides who depend upon [the president] for their well-being,” but are putatively the best and brightest America has to offer—and have the Ivy League pedigrees...
...Republic shutdown and the plight of its workers has attracted statewide as well as national attention. On Sunday, President-elect Barack Obama acknowledged the workers' situation, saying, "I think these workers, if they have earned their benefits and their pay, then these companies need to follow through on those commitments." The Rev. Jesse Jackson appeared at the sit-in. Illinois' attorney general, Lisa Madigan, announced that her office planned to investigate various aspects of Republic's operations. On Monday, Illinois Governor Rod Blagojevich held a quickly organized press conference at the plant and vowed to ask a federal court...
President-elect Barack Obama has chosen retired General Eric Shinseki, who voiced the first, lone dissent of the Bush Administration's cut-rate plan for the Iraq war, to head the Department of Veterans Affairs (VA). The move shows Obama's deep concern for the needs of wounded veterans. More poignantly, it marks a comeback for an Army officer who was spurned by his superiors, then Defense Secretary Donald Rumsfeld and his deputy, Paul Wolfowitz, for warning that the war's post-invasion phase would require many more troops than the Pentagon believed...
...President-elect Barack Obama's early priorities, few have drawn more attention than his pledge to shut down the U.S. detention camp at Guantánamo Bay. Closing Gitmo will mean release for many of the facility's 225 detainees, while the rest will face trial on terrorism charges...