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...Tuesday, Capitol Hill played host to the historic Inauguration of President Barack Obama, with virtuous talk of bipartisanship, common good and putting aside "childish things" in promising the dawn of a new era in Washington. Less than 24 hours later, it was clear how little had actually changed, as Senators from both parties expressed growing frustration with Obama's top legislative priority, the $825 billon stimulus plan meant to jump-start the nation's ailing economy. (See pictures of President Obama's Inauguration...

Author: /time Magazine | Title: Economic Stimulus Plan Hits Bipartisan Obstacles | 1/22/2009 | See Source »

...helping matters is a report from the Congressional Budget Office (CBO) that came out Tuesday, which shows that only 38% of the $350 billion in appropriated funds - which includes $274 billion for infrastructure investments - would make their way into the economy within two years of enactment. While some Democrats defended the study, saying it did not look at large parts of the bill, it was still a topic of some contention at the caucus' weekly lunch meeting on Wednesday. "If [the CBO report] is right, it is a cause for concern," said Senator Ben Nelson, a Nebraska Democrat, after...

Author: /time Magazine | Title: Economic Stimulus Plan Hits Bipartisan Obstacles | 1/22/2009 | See Source »

...looks horrible," says a former aide to Ted Kennedy. "It makes him look like he is at death's door." In fact, those close to Kennedy, 76, say that while the Senator is suffering occasional seizures, like the one that sent him to a hospital on Tuesday during the celebratory Capitol lunch for the newly inaugurated President, he is generally doing well. And they add that Kennedy is fully engaged in the effort to pass universal health-care legislation - a cause for which he has fought for decades, and one in which he will play a crucial role as chairman...

Author: /time Magazine | Title: Ted Kennedy's Circle Upset by Caroline's Awkward Exit | 1/22/2009 | See Source »

...been known for months. The New York Times, for instance, wrote in its Thursday morning edition: "The person who spoke with Ms. Kennedy said she cited concerns about the health of her uncle, Senator Edward M. Kennedy, who suffers from brain cancer and was hospitalized after a seizure Tuesday, as the reason for her abrupt withdrawal." (See Ted Kennedy on the cover of TIME...

Author: /time Magazine | Title: Ted Kennedy's Circle Upset by Caroline's Awkward Exit | 1/22/2009 | See Source »

...Barack Obama's phenomenally poised, incredibly adorable daughters smiled and waved for the cameras at the Inauguration, J. Crew got a spot on the world's biggest showroom floor. The preppy, upscale retailer was quite happy to spread the word on Tuesday that Malia Obama, 10, and her sister Sasha, 7 (or Radiance and Rosebud in Secret Service parlance), were decked out in J. Crew's children's line, called Crewcuts, for the big event. Malia wore a deep periwinkle blue coat to her dad's swearing-in, while Sasha went for an orange-and-pink combo. Fashionistas raved about...

Author: /time Magazine | Title: Will Sasha and Malia Give J. Crew a Lift? | 1/21/2009 | See Source »

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