Word: republican
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...that Federal Reserve Chairman Ben Bernanke, Treasury Secretary Henry Paulson and the President himself have called absolutely vital to preventing economic collapse. Reporters waited and waited on the rainy White House driveway expecting to hear from the two candidates, only to be informed by Senator Richard Shelby, the top Republican on the Senate Banking Committee, that there was no deal...
...During Paulson's meeting Wednesday with the GOP caucus, dozens of members steadily streamed out of the meeting in outrage. Finally, with just 60 or so members left in the room, Paulson called for a show of support, according to Representative Tom Davis, a Virginia Republican. Only four people raised their hands. Eric Cantor, a Virginia Republican who has started pushing an alternative to the Paulson plan that would not require Washington to pony up so much money, said every member has been inundated with hundreds of calls from angry conservatives...
...means to make U.S. companies more competitive and the economy more efficient. The ground seems particularly ripe for a plan that would provide universal coverage while relieving U.S. businesses of their suffocating health-insurance responsibilities and does it without socializing medicine. Senators Ron Wyden (Democrat, Oregon) and Bob Bennett (Republican, Utah) have made such a proposal, the Healthy Americans Act, which has gained the support of 15 Senate co-sponsors, evenly divided between Democrats and Republicans. It would have employers "cash out" their health-care benefits to employees and then would provide a tax deduction...
...Following a morning conversation on Wednesday between Barack Obama and John McCain, the Republican candidate said he was suspending his campaign to return to Washington to work on the bailout plan and vowed to skip the debate with Obama in Oxford, Miss., on Friday night unless a deal - or at least the outlines of a deal - is put in place...
...this activity came amid several days of Democratic pressure on the White House to do or say something that would force enough Republican House members to support the unpopular Bush bailout plan proposed by Treasury Secretary Henry Paulson over the weekend - pressure that led to President Bush's 15-min. prime-time address last night. Democrats have been unwilling to whip members of their own caucus to support the plan without a full White House push of GOP members. Bush, therefore, turned up the heat. "Our country could experience a long and painful recession," he warned. "Fellow citizens, we must...