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Jamie Dupree's Washington Insider Archive for February 2009
Blog Entries for Thursday, February 26
A Different Kind Of Iraq Speech
Soon after the war in Iraq began in 2003, the President went to military bases around the U.S. to rally the troops and the public to support the operation. One of the first stops for George W. Bush was the Marine Corps base at Camp LeJeune in North Carolina, where he ...
A Budget Jab At Oil & Gas
One industry more than any other was singled out by the tax provisions in the budget outline released by the White House on Thursday. That was the U.S. Oil and Gas industry. "Eliminate oil and gas company preferences," read the line on page 10 of the Summary Tables issued by ...
More Taxing Details
You will read an awful lot in coming days about who is wealthy in a political sense. My definition will be pretty clear from the Obama budget. If you are a married couple and make more than $250,000 a year, you are getting a tax increase. If you are single ...
Obama Budget
If you want to spend a few minutes looking at the Obama budget outline that was released today, then here is your link. http://www.whitehouse.gov/omb/budget/ In remarks this morning, President Obama said his budget was filled with tough choices, as he defended his plans to raise taxes on those making over ...
Blog Entries for Wednesday, February 25
Congress Moves On Foreclosures
Just over a week after President Obama laid out his plans to stem the rising tide of home foreclosures, the House is expected to approve one controversial part of that. Today lawmakers will vote on a bill that would allow bankruptcy judges to modify the terms of a mortgage loan, ...
House Approves Omnibus
Like many issues that we will cover in the months ahead, the first act of approval by the U.S. House is almost meaningless, and that's true with a $410 billion Omnibus budget spending bill. The real fight comes next in the U.S. Senate. The House sent the Senate its version ...
The Taxing Details
Some of the screams and yells from Republicans on Capitol Hill today are sure to be somewhat along the lines of "I told you so!" as President Obama unveils his first budget outline. As a few of the specifics began leaking out on Wednesday evening, you could almost feel the ...
Blog Entries for Tuesday, February 24
Obama Takes Center Stage
The Inauguration reminded everyone that times have changed and last night, President Barack Obama urged Americans to join together to deal with tough economic times. I haven't seen any polls, but I confidently will say right now that I bet his speech gets big viewership in terms of ratings and ...
Why Wait For His Speech?
Last night's address to Congress continued a growing tradition amongst lawmakers of sending out their reaction to a Presidential speech before they've even read a word of it. Instead of reaction, or "react" as we like to call it in the radio business, this is classic "preact" - as in ...
A Four Minute Walk
I always like it when a loud voice yells out from the House floor and introduces the President to lawmakers of both parties. "Madam Speaker, the President of the United States," said Wilson Linvingood, the U.S. House Sergeant-at-Arms. For many years, that job fell to the Doorkeeper of the House, ...
Another Round For The Fed Chair
A day after giving Senators his views on what's next for the U.S. economy, Federal Reserve Chair Ben Bernanke does the same before a House committee today. Bernanke's message on Tuesday was basically that the feds need to keep acting to fix troubles in the markets and with the banking ...
Blog Entries for Monday, February 23
Omnibus Earmarks, Part 1
Here is just the first portion of the earmarks listed in the $410 billion Omnibus spending bill introduced by Democrats that I have been able to finally format for the internet. These are a series of road and bridge projects. And let's remember one thing - these aren't just home ...
Some Of The Omnibus Pork
Another week, another gigantic bill to go through from the Congress that spends your taxpayer dollars. This time it's a $410 billion plan that funds the government for the rest of this fiscal year, until September 30. I'm trying to get a list of some of the transportation projects in ...
Business As Usual
Just a few hours after President Obama had vowed to cut the federal deficit in half over the next four years, Democrats in the House rolled out a $410 billion dollar spending bill. That measure is designed to fund federal operations from early March until the end of September, when ...
Reading The Economic Tea Leaves
As Federal Reserve Chair Ben Bernanke goes before Congress today to testify on the economy, we will all be listening closely to see how he characterizes the current economic slide. The Fed last week predicted that unemployment would get over 8.5% later this year and that the U.S. economy would ...
Obama Speaks To Congress
The big spectacle tonight will be President Barack Obama addressing a Joint Session of the Congress, and addressing the American people on a host of issues. While it isn't a State of the Union Address, it will look just like one. Democrats will take every chance they get to leap ...
Blog Entries for Sunday, February 22
Leadership at 1600 Pennsylvania
I'm often asked by listeners what is the best remedy to a big spending federal government. Part of that answer is leadership in the Executive and Legislative branches. I've heard a lot of talk over the years that I've been on Capitol Hill about the need to reign in spending ...
Bad Timing For Burris
Last week wasn't a good one for Illinois Sen. Roland Burris. This week may prove to be even worse. Not only does Burris have to return to the Senate, where his Democratic colleagues will be asked about his future, and where reporters will happily chase Burris down the hall all ...
Another Big Week
There hasn't been much down time yet for President Barack Obama, and this week is no different. Obama begins the work week on Monday morning by meeting with the nation's Governors at the White House. The major issue of course is the economy, and the subtext of the meeting is ...
Blog Entries for Thursday, February 19
Back To DC For A Few
After another busy week on the road, President Barack Obama will be at the White House this wekeend doing a bit of work. Next week he will give a Presidential Address to a Joint Session of Congress. Note that it is not a State of the Union Address, which we ...
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