Word: whiteness
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...course, many Saturn employees and dealers hope for more than a sales boost. They want a white knight. "I've felt for more than a year that GM could not support the Saturn brand the way it should be supported," says Jay Cimino, a Saturn dealer who operates five Saturn Dealerships around Denver and Colorado Springs. "If we were spun off to the right people, it would be great," he adds...
That, of course, remains to be seen. Baucus' importance in reforming the health-care system, however, has grown. Unlike the Clinton health-care campaign that ran aground in 1994, the Obama White House's plan is to give Congress the lead in fashioning health-care-reform legislation. And the two Democrats who had been expected to spearhead that task have been sidelined. Former Senate majority leader Tom Daschle withdrew his nomination to be Obama's Secretary of Health and Human Services in early February amid revelations of tax problems, and Edward Kennedy, chairman of the Senate Health Committee...
...visit to the other end of Pennsylvania Avenue came as the House and the Senate budget committees each introduced their own version of the bill, and less than a week after the Congressional Budget Office estimated that the 10-year shortfall would be $2.3 trillion greater than the White House's more rosy projections. Both chambers delivered on their recent promises to make sizable cuts to Obama's budget resolution, which is more of a blueprint for future spending than any kind of binding legislation. But the Administration put its best spin on the differences, arguing that Congress's offerings...
...only do [the House and Senate versions] embody the four key principles that the President has put forward for the budget, but they are 98% the same as the budget proposal the President sent up in February," White House Office of Management and Budget Director Peter Orszag told reporters on a conference call on Wednesday morning. "The resolutions may not be identical twins to what the President submitted, but they are certainly brothers that look an awful lot alike...
...dropped the long-term inclusion of the costly Alternative Minimum Tax fix - an annual must-pass bill to prevent the tax once intended for the superrich from hitting the middle class - and opted for a shorter time line of just five years vs. the 10-year budget the White House had crafted. "Given the state of the economy, everyone agrees that it's very difficult to predict the next five years," said Senator Mark Pryor, an Arkansas Democrat, "let alone 10 years...