The Washington Independent

Posts Tagged administration

Obama Urges Administration and Congress to Keep Working on Auto Deal

By | 12.12.08 | 11:10 am

President-elect Barack Obama released the following statement this morning on Congress’ failure to reach an agreement on a federal bailout for the “Big Three” auto manufacturers:

Latest Bailout Plan Restores Government Balance of Power

By | 09.28.08 | 2:24 pm

As I wrote last week, the initial Paulson bailout proposal — granting Treasury Sec. Henry Paulson Jr. absolute power over $700 billion in taxpayer money, unbridled by any pesky congressional oversight or judicial review — had the effect of eviscerating the usual checks and balances that American government was designed More…