Tuesday, August 25, 2009

Daily Updates from The Page on TIME.com

The Page --- The Latest Updates

9 Trillion Dollar (Debt) Man

Obama administration raises estimate for 10-year deficit to $9 trillion Tuesday in Mid-Season Review. And/But: CBO projection comes in at $7.1 trillion.

Sticking With Bernanke

Obama announces Fed Chair's nomination for a second 4-year term Tuesday during press statement from the Vineyard. Praises his "calm and wisdom" during near financial collapse. REMARKS: Read them here. PHOTOS: Obamas on vacation.

Pet Peeves

Aides dish to Politico on the little things that rattle No-Drama-Obama. FULL LIST: Eleven things that get the presidential goat.

Consumer Confidence Jumps

Sentiment index improves to 54.1 in August, beating projections.

Good Housing News

Home prices post their first quarterly increase in three years, suggesting the housing market has turned a corner.

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Swampland

Baltimore on the Thames

From the Swampland London bureau, Glen Levy reports that conservative pols are looking to "The Wire" (which has been off the air on this side of the pond for more than a year) for inspiration: A never-ending battle between the police and gangs? Law and order simply impossible to maintain? And the green fields of Britain [...]

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