Former Obama 'Car Czar' Steven Rattner Settles on Kickback Charge for $10 Million
-Politics Daily StaffRattner did not admit to wrongdoing, but agreed to pay restitution to the state and stay away from public pension funds for five years.
Weekend Snowstorm Caused Consumer Spending to Fall by Almost Half in the East
-Bruce DrakeAverage daily spending by consumers in the Northeast dropped 46 percent in the two days after the big snowstorm compared to the pre-Christmas period.
Top Financial Stories of 2010: Foreclosures, Financial Reform, Bailouts
-Joann M. WeinerAlong with foreclosures, financial reform was a big story this past year, but the new law doesn't address enough of the massive systemic ills that still hamper the global economy.
Democrats Boast of 'Top 10' List in Last Congress
-Tom DiemerWhether voters didn't fully understand all of Congress' accomplishments or simply didn't agree with the Democratic priorities, the party took a shellacking in the mid-term election.
Obama's Proposed Budget, Possible Spending Cuts, to be Delayed
-Tom DiemerThe president's budget is highly anticipated this year because Obama is expected to ask for significant spending cuts to hold down deficits now exceeding $1 trillion annually.
Law Allows U.S. Firms to Skirt Sanctions, Do Business in Iran, Other Rogue Nations
-Politics Daily StaffA 10-year-old law allows some food and medical products to go to countries seen as state sponsors of terrorism -- if the exports are in line with U.S. foreign policy goals, the New York Times reports.
Senate Farewells Sound Familiar Warning: Partisanship Is Ruining Us
-Linda KillianWednesday's bipartisanship on Capitol Hill was a hopeful sign for departing senators, who implored incoming lawmakers to embrace the lost art of compromise.
Deficit Reduction: Democrat Warner, Republican Chambliss Push for Plan
-Tom DiemerSens. Saxby Chambliss and Mark Warner say they're working with middle-of-the-road senators in a bid to get a deficit-cutting plan in place next year -- ahead of the 2012 presidential election.
Obama Signs Tax-Cut Package Into Law: McConnell on Hand, Pelosi MIA
-Alex Wagner and Patricia MurphyLiberal Democrats are still angry about the compromise measure, and say Obama caved into the GOP at the expense of working Americans and the growing deficit.
Republican Presidential Wannabes Choosing Sides on Tax Cut Deal
-Tom DiemerFormer House Speaker Newt Gingrich said the tax deal, if approved, could show the GOP is leading the way on the road to economic recovery.
Senate Overwhelmingly Passes Tax-Cut Package, 81-19
-Alex WagnerDespite protestations of many congressional Democrats, the House is expected to vote on the bill later Wednesday evening or perhaps Thursday, where it is likely to be approved.
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