Word: hills
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...presidency whose continuities include a shared commitment to fiscal stimulus on an unprecedented scale. Obama's tacit collaboration with an unpopular predecessor offers the strongest evidence yet of his sincerity in wanting to change the brutish tone of official Washington. It's a safe bet his ride to Capitol Hill will be far more civil than the ghastly Hoover-Roosevelt procession. And that's change we can all believe...
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...
...Even before he appeared on the Hill, Obama was laying groundwork to avoid a TARP train wreck. In a letter sent on Monday to congressional leaders, he pledged to devote much of the second installment to assisting small businesses and helping students and car buyers get loans. In personal calls to members on both sides of the aisle he promised better transparency of how the funds are disbursed, reflecting the frustration and anger of many members regarding the Treasury Department's handling of the funds. Still, many Democrats said on Monday that Obama's letter was not enough to convince...
...Lugar, 76, is a paragon of bipartisan collegiality, renowned for vigorously pursuing the Senate's mandate to oversee the workings of the Executive Branch, even when his own party has been in power. (He was one of the more openly skeptical Republican voices on Capitol Hill regarding the Bush Administration's plans for post-war Iraq, and was an early and influential voice in planning a troop drawdown.) Lugar raised his concerns while assuring Clinton of his enthusiastic support for her confirmation - though he publicly warned his old friend from the Senate of a potential pitfall on her path...
...some self-evaluation. Along with Paulson and Bernanke, Geithner has been one of the key players overseeing the bailout of the banking industry. Some of the trio's decisions - like not rescuing Lehman Brothers in mid-September - have come under criticism on Wall Street and Capitol Hill for being hesitant and reactive. Associates say Geithner doesn't necessarily disagree with the charge that the government's response "has had an ad hoc, seat-of-the-pants quality to it," as a senior investment banker in the middle of things puts it. That's one reason Geithner and the rest...