We have Wednesday’s top news… What are Republicans touting as budget priorities in their alternative to the massive Obama plan? What is the White House reaction? What help is the government promising for Michigan as the auto industry struggles to stay alive? What does Obama want to achieve at the G-20 summit in London? What are the latest sales figures from Chrysler and Ford? What happened on Wall Street Wednesday? Why is the Justice Department dropping the case against former Alaska Sen. Ted Stevens? And just how close is the race to fill the vacant House seat in New York? We have the answers as we bring you the biggest stories for Wednesday, April1, 2009.
Mississippi Rep. Gregg Harper Discusses the Democratic Budget and the Republican Alternative
How is the new Republican budget alternative different than the Democratic plan expected to pass on Thursday? How much less would Congress be spending? How would your tax bill be different? How would our energy policy look? Should anything this huge be passed with minimal or no floor debate? What would be the impact of the Obama budget? How much could your energy bills rise? And what are constituents telling their members of Congress? We ask Mississippi Rep. Gregg Harper, a member of the House Budget Committee.
Former Clinton Budget Spokesman Larry Haas Defends Obama’s Plan, Says GOP is Wishful Thinking
Why do Democrats see the Republican budget alternative as unrealistic? Why do they see cutting taxes as the wrong economic approach? How do they respond to the accusation they are redistributing wealth? Are Republicans right that Obama’s energy plan would mean much higher energy costs or is there a Democratic plan to solve that problem? What would long-term spending and tax policy from the Democrats mean for your health care and your tax rates? We ask Larry Haas, former spokesman for the Office of Management and Budget in the Clinton administration.
Taliban Attacks and Iran’s Threat to Israel
The head of the Taliban in Pakistan says a major terrorist attack is headed to the Washington. Why would he say that now? Is it a concern or just extremist bluster? What’s the best way to make sure such an attack does not succeed? We ask Clifford May, president of The Foundation for the Defense of Democracies. We also get his thoughts on new Israeli Prime Minister Benjamin Netanyahu vowing to deal with the Iranian nuclear threat if the U.S. doesn’t show results soon.
The British View on the Global Summit and the Spending Agenda of Obama and Brown
President Obama and British Prime Minister Gordon Brown are doing their best to get the leaders of other industrialized nations to adopt their stimulus spending strategy. Why are they urging this approach on the rest of the international community? Will the rest of the world salute and obey or resist the diplomatic offensive? What is the reaction in Britain to Brown’s effort to spend the UK out of a recession? Do people take his side or the side of the British member of the European Parliament, who scolded the prime minister last week? When will the British people weigh in at the ballot box? And how are the British reacting to the diplomatic stumbles over the Obama administration’s gifts for Brown and Queen Elizabeth? We ask Jonathan Clarke, a former British diplomat and senior fellow at the Carnegie Council.
The News
We have Tuesday’s top news…What is ahead for President Obama at the G-20 summit in London? What is the latest forecast for the global economy? What significant change happened in Iraq today? What is Hillary Clinton saying about the upcoming missile test in North Korea? What is the new CEO at General Motors saying about the marching orders received from the government on Monday? Which GM brand is on it’s way out? What did the markets do on Tuesday? And what are the latest numbers on housing prices? We have the answers as we bring you the biggest stories for Tuesday, March 31, 2009.
Economic Insight from the Former Chief Economist for the Joint Economic Committee of Congress
What is the economic impact of greater government intervention in the auto industry? Is bankruptcy likely to happen at this point? What will be the fallout of new regulations on Wall Street? What changes would do the most good? Is the Dow a good indicator of the health of our economy? How big of a fear is inflation at this point? How will the economy fare if President Obama gets all he wants in his massive budget proposal? Should we be optimistic or pessimistic about where the economy is headed in the near future? We ask Brian Wesbury, former chief economist for the Joint Economic Committee of Congress.
Iowa Rep. Steve King Says Key Justice Department Nominee Dawn Johnsen is Pro-Abortion Radical
Conservatives are outraged and alarmed over President Obama’s nomination of Dawn Johnsen to head the Justice Department’s Office of Legal Council. What about her record troubles lawmakers so much? What power would Johnsen hold in this office? What policies could we expect her top advocate? And how is President Obama reacting to this concern? We ask Iowa Rep. Steve King, who sent a letter to Obama signed by him and 62 other House members. The letter asks Obama to withdraw the nomination.
Ford’s New Plan to Draw Car and Truck Buyers
While General Motors and Chrysler turn to the government to stay afloat, Ford is busy trying to draw as many customers as possible in this recession. So what is this plan? How is it different than others you may have heard about? Find out how your job status plays a role in all this as we talk with Jim Farley, General Vice President of Marketing and Communications at Ford.
Michigan Rep. Thaddeus McCotter Reacts to Obama Orders for General Motors and Chrysler
President Obama is ordering Chrysler to merge with Fiat and demanding that General Motors come up with a better plan for viability. So is this too much government control or is this the reality for companies that show up in Washington looking for taxpayer dollars? What will the future of the industry look like now? Is bankruptcy an increasingly attractive option? We ask Michigan Rep. Thaddeus McCotter, a member of the House Republican Leadership.