The Next Daschle: Problems for Solis?

February 3, 2009

While everyone is looking at Tom Daschle’s tax problems, a new issue has arisen concerning another Obama cabinet nomination, that of Rep. Hilda Solis to be Secretary of Labor.

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Daschle Troubles may be Baucus's Revenge

February 2, 2009

Tom Daschle will tell his old Senate colleagues Monday that he made an honest mistake when he failed to pay taxes on the use of a limousine and a driver — and that he considered the services to be a gift from an old friend rather than income he had to report to the IRS. […]

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Starbucks Closes 300 Stores, Cuts 6,700 Jobs

February 2, 2009

Starbucks will cut 6,000 positions as it closes 300 stores worldwide over the next eight months and will eliminate about 700 non-store workers by mid-February as it cuts costs to stem its eroding profits.

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Consumer Spending Falls for Record 6th Straight Month

February 2, 2009

Feb. 2 (Bloomberg) — Consumer spending in the U.S. fell in December for a record sixth consecutive month, capping the worst year since 1961, a slump that is likely to persist as companies slash payrolls.

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Daschle Apologizes

February 2, 2009

In a letter to the chairman and ranking Republican of the Senate Finance Committee, which holds a closed-door meeting at 5 p.m. today to discuss his tax issues — first reported in this space and on ABC News on Friday night — former Sen. Tom Daschle says he is “deeply embarrassed and disappointed by the […]

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Huge Katrina Overpayments to Atlanta Schools

February 2, 2009

Three metro Atlanta districts used flawed counts of students displaced by Hurricane Katrina to wrongly secure millions of dollars in aid, federal authorities have charged.

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Toward Real Bipartisanship

February 2, 2009

My colleague on this blog, Peter Feaver, has drawn an analogy. He compares Obama’s outreach to Republicans now to support him on the stimulus package with Bush’s outreach to Democrats in 2005-06 to support him on Iraq.

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Top Ten Missed Green Car Goals

February 2, 2009

Production delays are common in the automotive world. Just because we understand (to a degree) the complexities of bringing a car to market doesn’t mean we like them. In the green car space, especially, a lot of promises are made and then not delivered on. Looking through the AutoblogGreen archives, we found a lot of […]

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Max Boot: Major Defense Cuts Incoming

February 2, 2009

From Defense News: Confronted by two costly wars and a collapsing economy, the U.S. Senate Armed Services Committee is preparing to trim military spending on weapons, committee chairman Sen. Carl Levin said Jan. 30…. “We are going to cut weapons systems,” Levin said during a news conference in an ornate Armed Services Committee hearing room.

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McLaughlin: You Should Have Gone to Kentucky, Mr. President

February 2, 2009

The state of Kentucky has, for the past six days, been under a state of emergency declared by Gov. Steve Beshear last Tuesday in the aftermath of heavy winter storms that knocked out power lines and is being followed by flooding as the snow melts. On Saturday, the state finally called up the entire Kentucky […]

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