Friday, February 27, 2009

Friday Roundup (excerpts, with video)

"President Obama's 2010 Budget" (MSNBC, video-08:13).

"President Obama Releases Budget" (NY Times video-02:26):

Reporter Peter Baker on President Obama's new budget blueprint, which estimates a stunning deficit of $1.75 trillion for the current fiscal year.
"Obama's budget upsets oil and gas industries" (Dallas Morning News):
President Barack Obama's first budget wallops the oil and gas industry by eliminating $31.5 billion in tax breaks while blaming the administration of former President George W. Bush for perpetuating the nation's dependence on fossil fuels.

If Congress agrees to Obama's proposals, the long list of tax breaks that would disappear would affect both big and small oil and natural gas producers.

Both reacted strongly against the proposals.
"What’s on the Chopping Block?" (Washington Wire-WSJ):
President Barack Obama’s budget outline includes a variety of pledges to cut spending, some more narrowly targeted than others.
The Department of Education figures it will save about $4 billion a year with direct loans to students, rather than subsidizing loans made by banks and other lenders. It also promises to end federal education programs that can’t prove their effectiveness in a new review – specifically, programs with “narrowly focused curricula, staffing choices or school choices.”
"Senate to investigate CIA's actions under Bush" (LA Times):
The Senate Intelligence Committee is preparing to launch an investigation of the CIA's detention and interrogation programs under President George W. Bush, setting the stage for a sweeping examination of some of most secretive and controversial operations in recent agency history.
"Watch Live: Conservative Political Action Conference"(TPM video).

Howie P.S.:
My favorite quote this morning from the Conservative Political Action Conference was a gentleman saying that Sarah Palin had him at "Lock and load!"

No comments: