George Wenschhof Bio
Obama delivers his first weekly address to the nation as President - He speaks of the importance of his Stimulus bill known as the American Recovery and Reinvestment Act.
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President Obama orders staff to come up with new restrictions on use of the remaining 350 Billion from the Bailout bill - this comes after reports of executives of banks renovating offices after receiving funds from the first 350 Billion. reportedly, Lawrence Summers, White House Director of National Economic Council is developing details of the new restrictions. Bloomberg.com has more here.
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The President to address a joint session of Congress in February - continuing to push for approval of his stimulus plans, Obama is expected to give a speech to members of congress in early February. The president hopes to have approval of his plan by the middle of next month. MSNBC.com has more here.
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NY Governor David Paterson pick to fill Hillary Clinton's seat not all that surprising - seems Kristen Hillibrand has been picking up supporters since her first victory in a Congressional race in 2006. A lawyer, she has been able to gain a 100% approval rating from the National Rifle Association while also receiving support from women's groups such as Emilys List. However, even with the advantage of being the incumbent, the Senate race in 2010 will not be as easy as a Congressional race. The NY Times has more here.
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William Lynn nomination for deputy Secretary of Defense raising questions - the new Ethics standards announced by President Barack Obama this week have already needed to be waived in this case. Mr. Lynn is a former executive/lobbyist for Raytheon. which is one of the largest defense contractors in the country. Carl Levin (D-Mich) who is the chair of the senate Armed Services Committee has expressed his support for Lynn but John McCain (R-AZ.) is questioning why the waiver is being provided to Lynn. TheHill.com has more here.
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Remember the SCHIP legislation President George W. Bush vetoed twice? - It's back, and the children's health insurance bill is likely to pass in the Senate on Monday. The House has already passed their version of the bill. Politico.com has more here.
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"Blago watch" continues - Illinois Governor Rod Blagojevich's penchant for doing the bizarre, reached a new level yesterday as he said his impeachment trial was similar to a lynching. Last night on CNN Larry King show, it was announced the Governor would be his guest this coming Monday night and would be talking calls from the public. Who knows if the latest actions by the Governor prompted his defense attorney Ed Gensen to indicate he would no longer represent the Governor. CNN.com has more here.
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