U.S. gave up billions in tax money in deal for Citigroup’s bailout repayment
Posted in Main Blog (All Posts) on December 16th, 2009 5:35 am by HL
U.S. gave up billions in tax money in deal for Citigroup’s bailout repayment
The federal government quietly agreed to forgo billions of dollars in potential tax payments from Citigroup as part of the deal announced this week to wean the company from the massive taxpayer bailout that helped it survive the financial crisis.
Public cooling to health-care reform as debate drags on, poll finds
As the Senate struggles to meet a self-imposed, year-end deadline to complete work on legislation to overhaul the nation’s health-care system, a new Washington Post-ABC News poll finds the public generally fearful that a revamped system would bring higher costs while worsening the quality of thei…
Obama urges Senate to pass health-care bill; Lieberman signals support
President Obama urged Senate Democrats on Tuesday to overcome lingering disputes and push a health-care overhaul through the chamber before Christmas, as vigorous negotiations continued behind the scenes to lock down the last votes needed for final passage.
Federal Diary: Abortion-payment story draws reader response
The Federal Diary gets lots of mail, some of it fit to print.