The president’s top economic experts testified before the Senate Banking Committee to push for a $700 billion bailout plan for the financial industry. Barack Obama and John McCain lay out their priorities for any massive legislation to rescue the economy. And President Bush stares down Iran’s Mahmoud Ahmadinejad at the United Nations. Click here for details on these stories and more.
While members of the Senate Banking Committee grilled Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke on Tuesday, John McCain and Barack Obama were on the campaign trail trying to convince voters they have the best plans to stabilize and grow our economy. What credibility issues does each of them need to overcome? What is their main message to voters?
Listen to Greg’s interview with Christina Bellantoni, National Political Reporter for The Washington Times.
Are the mainstream media outlets being fair or biased in their coverage of the current economic mess? Where do they point the finger of blame? Who might they be protecting? And what “solutions” are they promoting?
Listen to Greg’s interview with Dan Gainor, Vice President of the Business and Media Institute as they discuss these questions and more.
Treasury Secretary Henry Paulson is the Bush administration’s point man on a bailout plan for Wall Street. But where did he come from and what is the philosophy guiding his effort to rescue our economy? Newsweek Senior Editor Daniel Gross profiles Paulson in this week’s edition of the magazine.
Listen to Greg’s interview with Dan Gross on Paulson’s role in this economic debate and how he got so much power in the Bush administration.
Congress is mulling over a $700 billion bailout of the financial industry. The Bush administration defends its call for such a huge price tag. Democratic leaders want to change the Bush plan before approving it. What are the latest developments in the effort to boost confidence and solve some of the problems afflicting our economy? That’s what we discuss in Dateline: Washington’s top news for Monday, September 22, 2008.
What are economic experts saying about the huge federal bailout plan to shore up the nation’s economy? How are the markets reacting to this turmoil? What are John McCain and Barack Obama saying to convince voters they would be the best stewards of our economy? And what’s the latest on the terrorist attack in Pakistan? Those answers and more in this news segment on Dateline: Washington.
Congress is now mulling over the Treasury Department’s $700 billion. President Bush wants the plan passed into law this week, but Democratic leaders are pushing a number of alternatives before giving bush what he wants. So what kind of haggling is going on? Is this a good thing at all for the taxpayers? And what would be the best and worst possible provisions? We ask New Jersey Rep. Scott Garrett.
Several fuel economy experts say our efficiency drops dramatically when we drive faster than 60 miles per hour. So now there is a growing movement to restore a national speed limit of 55 MPH across the nation. So what do you think? Is this a way to make at least a small impact in our current energy crunch or just a massive inconvenience that really won’t save enough fuel to make a difference?
Do you live in a high tax or a low tax state? Do higher taxes just mean bigger government and more bureaucracy or does it mean better schools and other state services? Check out the report below and let us know what you think!
The Tax Foundation – Educating Taxpayers Since 1937
Presumptive Democratic nominee Barack Obama unveiled his energy agenda on Monday. He and his supporters say it’s the best way to move forward, economically and environmentally. However, Republicans say Obama is all about raising taxes and they contend anything short of exhausting all energy producing methods is not good enough. So who is right? Read the story. listen to the podcast and tell us what you think!
Obama calls for tapping into strategic oil reserves – CNN.com
