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Contracting Overhaul
The president announces a change in how government contracts are awarded and who can earn them in morning remarks. Says there's too many abuses of taxpayer money, could save $40 billion to $50 billion a year by making process more competitive. Obama is joined by McCain, other congressional figures as he signs the memo Wednesday. [...]
Foreclosure Fight
Treasury releases lending guidelines to help 9 million borrowers stay in their homes. Plus: A new report shows nearly one in five owe more than their homes are worth.
Ted Kennedy, Honorary Knight
The ailing Senator will be awarded an honorary knighthood, British PM Brown will announce Wednesday. Will honor his efforts toward peace in Northern Ireland and Anglo-U.S. harmony. Other honorary knights include Rudy Giuliani, George H.W. Bush.
Steele: Limbaugh Dustup a "Sideshow Distraction"
The RNC chair tries to downplay the sparring between himself and the conservative radio host on NBC's "Today" Wednesday. Says squabbling among GOP leaders is normal. "My job is to try to balance that. I wasn't that effective at it this week." Watch video above. Plus: David Plouffe weighs in on the GOP fracas in a WashPost op-ed. [...]
Clinton: Israeli Home Demolitions "Unhelpful"
Says Israel's destruction of Palestinian homes in Jerusalem is deterring Mideast peace efforts, violates Israeli pledges under the "road map" plan. Speaking in the West Bank Wednesday, Clinton vows to take the issue up with the incoming Israeli government. Plus: Mahmoud Abbas will ask Clinton to push Israel to freeze West Bank settlements and open Gaza's borders. More: [...]
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Swampland
Health Care Update
Senate Finance Committee Chairman Max Baucus held a session with reporters this morning at the Kaiser Family Foundation offices in Washington to give us an update on where things stand with health care reform. Here's my account of it for TIME.com. Baucus told us that the debate over health care reform is going to be a [...]
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