Tuesday, Oct. 7, 2008
Stevens Trial Jurors Hear New Tapes About Hiding Bills
Three more secretly recorded tapes were played for jurors this afternoon in the corruption trial of Sen. Ted Stevens, R-Alaska --including one where his friends fretted over ways to hide a bill for labor on Stevens' home that was paid by former VECO Chairman Bill Allen.
PUBLICATION NOTICE
CongressDailyAM will resume publication when Congress returns. In the meantime, stay on top of Capitol Hill news with CongressDailyPM and our Web site.HUD: Lenders Now More Willing To Write Down Bad Loans
HUD Secretary Preston said today lenders are more receptive to writing down the principal of homes on the verge of foreclosure, expressing hope that more will utilize a new $300 billion government program designed to place at-risk borrowers into a fixed-rate loan they can afford.
McCain's Automated Calls Anger Key-State GOP Officials
A showdown over unauthorized "robocalls" between state Republican Party officials and the presidential campaign of Sen. John McCain, R-Ariz., has angered some GOP leaders and resulted in the demotion of McCain's voter-contact director, Bo Harmon, several highly placed Republican sources say.
Dingell, Boucher Release Climate Change Draft Legislation
House Energy and Commerce Democratic leaders today released a long-anticipated draft climate change bill in a possible preview of difficult negotiations next year that may spur sharp intraparty divisions.
Army Reviewing Alternatives To Troubled Bell Helicopter
Army officials acknowledged today that they are weighing alternatives to Bell Helicopter Textron's Armed Reconnaissance Helicopter in anticipation of an upcoming Defense Department decision on the troubled program.
CBO: Pension Plans Down By $2 Trillion In Last 15 Months
Pension plans lost over $2 trillion in the past 15 months, a drop of over 10 percent, CBO told Congress today. Approximately $1 trillion was lost between January 2007 and January 2008, the agency said, and the rest has disappeared in the past nine months.
TechCentral: Today's Top News
• Homeland Security/Defense: Army Touts Ability To Adjust FCS Program• Homeland Security/Defense: DuPont, German Firm Win Battery Contest
Read CongressDaily's TechCentral, the latest on tech policy.
FROM THE POLITICS PAGE
The 2008 Senate Battle
Senate Democrats entered the 2008 election with the narrowest of majorities, but started the cycle with a far greater number of opportunities than in the 2006 cycle. For Senate Republicans, the electoral math is worse. This two-part series takes a state-by-state look at the 2008 Senate contests. Click here for the 2008 Democratic Outlook. Click here for the 2008 GOP Outlook.
from the economic crisis
How Senators Voted
This chart compares how senators voted Wednesday on the financial rescue legislation in comparison to their states' House delegations.
Keep abreast of the policy implications of the economic crisis here.
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