Word: stimulus
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...TARP, though he couches his position with a caveat that protects his right flank. "Secretary Paulson's TARP prevented a systemic collapse of the national financial system," he writes. "Secretary Geithner's TARP became an opaque, heavy-handed, expensive slush fund. It should be shut down." (See a stimulus report card...
Assessing the federal stimulus package one year later...
Obama’s first year has certainly not, despite the claims of many, been void of important successes. Economists overwhelmingly agree that stimulus measures helped to stem the hemorrhage of jobs, and now even Republican governors are speaking to its effectiveness in bolstering state economies and preventing mass layoffs. The president has been stunningly effective in reversing the decline of foreign opinion of the U.S. President Obama has drawn the American automobile industry back from the brink, protected equal pay for women, launched innovative education reforms, expanded health-care to four million children, begun the decommissioning of Guantanamo...
...Republican Senator to become a co-sponsor. It is the latest bit of cooperation between the President and the man the party nominated to be its Vice President a decade ago. Over the past year, Lieberman has rounded up votes and searched for compromise on issues ranging from the stimulus bill to energy legislation and has worked behind the scenes to grease the wheels for a few of the Administration's most controversial nominees. (See "Judging Obama's First Year, Issue by Issue...
...those bygones pass when his party won a near filibuster-proof margin in the Senate. Obama personally asked the Democratic caucus to maintain Lieberman's seniority and preserve his committee chairmanship. That proved to be wise - mostly. In early 2009, Lieberman helped rescue Obama's $787 billion stimulus bill. Maine Republican Susan Collins had walked out of talks with Senate majority leader Harry Reid over the bill's price tag. Worried that Reid was trying to trick her into agreeing to a costlier bill, she agreed to return to the talks only after Lieberman was brought...