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99 bytes added ,  22:00, February 21, 2009
CNBC on Obama's mortgage plan
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Although the exact direction of the Administration is unknown, it is known from public policy statements and initial actions that it will take a more [[leftist]] position than the [[Bush Administration]] on issues such as [[global warming]] and [[abortion]].   
 
Although the exact direction of the Administration is unknown, it is known from public policy statements and initial actions that it will take a more [[leftist]] position than the [[Bush Administration]] on issues such as [[global warming]] and [[abortion]].   
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The gravest crisis it faces is the [[Recession of 2008]], with the economy spiraling downward.  Moving fast, the House on Jan. 28 passed an economic stimulus package‎ of $819 billion in new spending and tax cuts, despite unanimous Republican opposition,. A much revised bill passed the Senate thanks to three Republican votes. A compromise bill known as the "[[American Recovery and Reinvestment Act of 2009]]" has been passed by Congress, providing for $789 billion in tax cuts and new spending. It is designed to prevent another 3.5 million jobs from disappearing, but conservatives warn that it will be a failure.  While Detroit spread gloom on Feb. 17 as GM starkly warned of impending bankruptcy unless it gets more aid, Obama promised $275 billion to help people refinance their home mortgages.
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The gravest crisis it faces is the [[Recession of 2008]], with the economy spiraling downward.  Moving fast, the House on Jan. 28 passed an economic stimulus package‎ of $819 billion in new spending and tax cuts, despite unanimous Republican opposition,. A much revised bill passed the Senate thanks to three Republican votes. A compromise bill known as the "[[American Recovery and Reinvestment Act of 2009]]" has been passed by Congress, providing for $789 billion in tax cuts and new spending. It is designed to prevent another 3.5 million jobs from disappearing, but conservatives warn that it will be a failure.  While Detroit spread gloom on Feb. 17 as GM starkly warned of impending bankruptcy unless it gets more aid, Obama promised $275 billion to help people refinance their home mortgages. Obama's mortgage plan was dismissed by CNBC editor [[Rick Santelli]] who called it "collectivist."
    
==Cabinet==
 
==Cabinet==
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