Wednesday, May 13, 2009

Daily Updates from The Page on TIME.com

The Page --- The Latest Updates

Obama: "Stars Aligned" to Get Health Care Done This Year

The president strikes an optimistic tone on health care reform Wednesday after meeting with top congressional leaders at the White House. Pelosi assures legislation overhauling the health care system will be on the House floor before the August recess. It's the third day in a row Obama has put an emphasis on the issue. [...]

SCOTUS Chat

Obama will sit down with key senators Wednesday to discuss the Supreme Court vacancy. Includes Majority Leader Reid, Judiciary Chair Leahy, Minority Leader McConnell, ranking Judiciary member Sessions. Don't expect a nominee to be revealed after the meeting. Plus: Sessions pens WashPost op-ed on what type of justice he'd like to see. Key excerpts here. [...]

All Eyes on ASU

The president travels to Tempe, Arizona Wednesday evening to deliver remarks at Arizona State University's graduation ceremonies. After much controversy, he will still not be receiving an honorary degree. Plus: Obama will spend the night in New Mexico, where he'll hold an event with former Commerce nominee Richardson Thursday.

Geithner: Bailout Repayments to Help Smaller Banks

Treasury Secretary outlines plans Wednesday morning to use large banks' bailout repayments to support capital infusions for smaller community banks.

CEO: AIG Doesn't Need More Bailout Money

Liddy tells House Oversight Committee the firm is stabilizing, won't need more than the $182.5 billion it's already received unless economy worsens.

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Swampland

Senate GOP Likely to Filibuster Obama Nominee

Senate Republicans are expected to bring down the first of President's nominees: David Hayes, Obama's pick for the No. 2 slot at the Interior Department. The vote, expected at 10:30, has nothing to do with Hayes' qualifications; he was confirmed to the identical post nine years ago under the Clinton Administration. Western Republicans have been [...]

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