Stay updated with breaking news from Stimulus approach. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
than the testimony in court? none. none. he s set to be put to death next wednesday unless they grant clemency. no two hours, john boehner will reveal the republican plan to create jobs and close loopholes. they said they could go along with some of the president s jobs plans until they found he would raise taxes on wealthy americans. the line for first time jobless claims jumped 11,000 for a total of 428,000. it s the highest number of first-time claims since june. the postmaster general is outlining a plan that could cost 150,000 jobs. they want to close more than 300 mail processing facilities, saturday deliver could end, first class mail would be slower to arrive. they are $10 billion in the hole this fiscal year. in los angeles today, lawyers in dr. conrad murray s manslaughter trial are going over juror questionnaires with the judge. the final phase of juror selection is next week. they say murray had a hand in michael jackson s death. jacqueline kenne ....
he has three words of advice today for the obama white house to try to salvage the party s chances of victory in 2012. those words, fire, indict and fight. james carville is joining us now. james, you created quite a stir in this article you ve written for cnn.com. let me read a couple of lines. among other things you say, what should the white house do now? one word came to mind, panic. this is what i would say to president barack obama. the time has come to demand a plan of action that requires a complete change from the direction you are headed. what are you talking about? well, simply this. we lost two elections tuesday night. we lost 65 elections in november. it s sliding back. macroeconomics say there is 1/3 chance we are going into recession. you look how crazy the opposition party is cheering death. this is not working, not politically, economically or anything. bring in a new team and indicate to people you get it, they understand you were dealt a tough h ....
Stimulus approach, the majority of it dealt with the tax cuts republicans supported in the past. they have a lot of spending in there. there s three debates that are going to occur. the short term debate is whether we can have stimulus tax cuts. intermediate debate is about tax reform. longer range is deficit reduction. the only one we are certain to have action on is deficit reduction because of the trigger. the other two are more important in the short term. the question is, can the president build off the debate he started last night about stimulus to get more cooperation rather than another big fight that causes the party to say we don t trust one another. we can t do tax reform or deficit reduction. we are going to talk to willie geist in lower manhattan. is he ready? i know you had to move him. ....
Hire more people. small businesses are hurting. they don t have the money to hire anymore people. that s one of the big concerns, president obama insisting and the white house insisting this isn t going to be any sort of new stimulus approach next week. if they roll out a package for small businesses, what they say is this is money that s being rejiggered from other areas and they want republicans to be on board and vote for it. they believe republicans are stone walling against this while republicans think this is just other money, other pork being spent in the areas that don t need it for small businesses. meanwhile, new poll numbers out this morning and some really startling numbers for democrats going forward. especially for november. take a look at this. does president obama deserve re-election? when you look at those numbers, think in terms of what that means for democrats for this midterm election, not for the president. does he deserve re-election? democrats say 73%. look at ....
Give that to you unless you cut spending somewhere else. i told you the economics people inside the white house want more stimulus. they re worried about a slowdown, so they want more stimulus and they don t want to withdraw money from the federal budget. that s one argument. i think the other thing the white house is trying to do is show that they re rowing hard, okay? show that they re making an effort. there s still a lot of stimulus money there s going to be a lot of stimulus projects how much is left? there isn t that much left. they have a lot of projects in the pipeline this summer. two weeks ago they unveiled what they re calling the summer of recovery. it sort of has a woodstock tone to it. they re going to have events all over the country. but the problem is going to be, if the surrounding economic news is so grim, then these projects, these stimulus projects rather than making people feel good are just going to beg the question of whether the stimulus approach was th ....