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...seats in the next Congress (Alaska, Minnesota and Georgia are still undecided), the Nevada Senator currently doesn't enjoy much of an edge at all. In fact, since Obama resigned his seat on Sunday and Delaware Senator Joe Biden, the Vice President-elect, is unlikely to come to the Hill for votes, reaching the filibuster-proof 60-vote barrier is tougher than ever...
...That idea, however, is not very popular with the Republicans' counterparts on Capitol Hill. "Both Speaker [Nancy] Pelosi and Reid have raised concerns about that," says Jim Manley, a senior adviser to Reid. "It robs the industry's future to pay for the present. We shouldn't have to choose." And unfortunately for Detroit, automakers would need congressional approval to access those funds on an emergency basis...
There are two versions of what happened next. One camp says Treasury Secretary Paulson then decided not to back the plan after all. Other sources on the Hill and elsewhere familiar with the debate say Paulson supported the plan, but the White House killed it. Democrats contend that the White House is clamping down on Paulson's previous willingness to do big, expensive interventions. The Treasury Department declined to comment, but the senior official dismissed the talk of White House-Treasury battles as "stupid." Paulson may get grilled on the fight over the FDIC mortgage plan during his appearance before...
...tenure as Harvard’s president.The National Organization for Women and other women’s groups have issued sharply-worded statements opposing Summers’ potential appointment that may have succeeded in knocking him off Obama’s short list, according to The Politico, a Capital Hill newspaper.This round of Summers backlash has focused on his comments at a 2005 conference at the National Bureau of Economic Research, in which he suggested that “intrinsic” physiological differences between men and women may in part account for the relative lack of women...
...Sources close to McCain say their man wants to leave the campaign behind and return to the role he forged for himself on Capitol Hill as the leading reformer and bipartisan legislator in the Senate. "John isn't one to wallow in defeat, at least not publicly," says a Republican consultant who knows McCain well. "He lost. It's over. Work is all he really knows, and getting back to work will help him move past losing. And the patriot in him is telling him to help this new President...