recession

PA-05: McCracken for Congress--Before Any Bailouts Are Approved, There MUST Be Accountability

The last few weeks have seen our nation’s economic and financial institutions in the most critical condition since the days in 1929 when the stock market crashed and banks failed sending the country into the Great Depression. This morning I came upon an online headline that read “Bush team, Congress negotiate $700 Billion Bailout”. At first glance, the general public probably feels that this is welcome news. However, there are many troubling details about this plan by the lame duck Bush administration that the American people need to be aware of. Below are some of the details about the plan found online at http://apnews.myway.com/article/20080921/D93AVJUO0….  read more »


Congressional Democrats Forget Key Part of Obama's Relief Package?

Cross posted at myDD.

CQ Politics is reporting on the Democratic leadership's desire for a second package to strengthen the economy that largely lines up with Barack Obama's plans. But are Congressional Dems omitting aid to state governments, one of the key planks of Obama's plan?  read more »


We’ve developed a participation policy to help guide the tone of discussion in our community. Please read it to learn more about participating in Keystone Politics.