Feb 05 2009
Will President Obama save the world from economic disaster?
WASHINGTON – Senate moderates worked to cut billions of dollars from economic stimulus legislation Thursday in hopes of clearing the way for passage as the government spit out grim new jobless figures and President Barack Obama warned of more bad news ahead. With partisan tensions rising, several Republican attempts to remake the bill — with higher tax cuts, lower spending and relief for homeowners — failed on party-line votes.
