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AIG's Liddy: Bonuses "Distasteful"
Focus is on the AIG CEO in a hearing on the company's economic impact happening on Capitol Hill. Watch live here. First panel is underway, Liddy scheduled to testify in second panel. In prepared remarks, Liddy calls some bonuses "distasteful" but says the "cold realities of competition" made them necessary. "We are meeting today at a high [...]
Selling the Budget, Grassroots-Style
[youtube=http://www.youtube.com/watch?v=m8QVg2TWLo8&w=360] Former campaign manager Plouffe circulates a video from the president asking his supporters to get Congress to pass his budget. Watch it above. Read Plouffe's e-mail here.
Frank on AIG: "We're the Owners, We're Not Just the Regulators"
The Massachusetts Democrat tells CBS' "Early Show" that the government should be able to determine bonuses for AIG execs because of the bailout money given. "I believe we have a right to say... 'No you didn't earn a bonus.'" Click above to watch.
Budget Gambit Considered
Administration won't rule out using partisan budget rules to pass health/energy changes without GOP support. Senator Gregg unfurls "Chicago" metaphor in criticism.
Obama's Bracketology
The president reveals his choices for the final four (Louisville, North Carolina, Memphis and Pittsburgh) in an interview with SportsCenter. Also says he likes Syracuse over Oklahoma and Arizona "just squeaked in based on reputation" (nothing against McCain). Interview set to air on ESPN midday Wednesday.
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Swampland
Health Care Reform: A Peek Behind the Curtain
People often talk dismissively of "process stories" and the media's obsession with "inside baseball" in Washington. But sometimes, these stories give us a real window on how decision-making really works. I've written here before about how much I admire the work that the New Republic's Jonathan Cohn has done in explaining this nation's health care [...]
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