BARACK OBAMA

Stimulus one Step Closer as Senate Approves Plan

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President Obama's economic stimulus package was one step closer to becoming law on Tuesday after the Senate voted to pass its version of the bill. Lawmakers must now reconcile the Senate bill, which passed 61-6k with the House version to send it to the President for his signature.
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Americans focus on economy, favor stimulus: polls

As a Senate vote to approve an $827 billion economic stimulus package looms, a majority of Americans have not only made the economy and jobs their top priority but they have been fairly consistent in favoring legislation which is meant to give a boost to both at a time of financial crisis for the nation.
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Senate stimulus vote close as Obama urges action

The Senate is set to vote on President Barack Obama's stimulus package as soon as tonight as centrists and Republicans sought last minute spending cuts to reduce its size, which has grown to more than $900 billion.
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Senate stimulus vote near as Obama urges action

The Senate is set to vote on President Barack Obama's stimulus package as soon as tonight as centrists and Republicans sought last minute spending cuts to reduce its size, which has grown to more than $900 billion.
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What will Obama's Economic Advisory Board do?

President Barack Obama signed an order Friday to create the Economic Recovery Advisory Board, a group of leaders with former Federal Reserve Chairman Paul Volcker as head that will discuss ideas and solutions to help the weakening U.S. economy.
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What is the Economic Advisory Board?

President Barack Obama signed an order Friday to create the Economic Recovery Advisory Board, a group of leaders with former Federal Reserve Chairman Paul Volcker as head that will discuss ideas and solutions to help the weakening U.S. economy.
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Senators May Pass Stimulus Plan as Early as Today

About 18 Democratic senators and Republicans worked until late Thursday to reduce about $107 billion from a plan which has grown to a $937 billion package to boost the economy, according to a report.
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Obama on cabinet setbacks: 'I screwed up'

Following a series of scandals that forced one of Obama's most important nominees to withdraw, questions have been raised over the new president's central campaign pledge to change corrupt politics.
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Chorus of opposition to U.S. protectionism grows

Japan's Prime Minister has joined the European Union, Canada and President Obama in criticizing possible protectionist trade policies on American goods being discussed as part of the U.S. economic stimulus plan.
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Tom Daschle withdraws as cabinet nominee

Former senate leader, Tom Daschle withdrew his nomination to be President Barack Obama's Health and Human Services secretary on Tuesday, saying he did not want to be a distraction.
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Obama nominates Ron Sims for HUD

President Barack Obama announced Monday that Ron Sims will be nominated as deputy secretary of the U.S. Department of Housing and Urban Development.
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What really is a 'bad bank'?

There is talk among top U.S. officials about a partial solution to the current financial crisis which involves creating a so-called 'bad bank,' but what exactly is the concept behind it?

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