FROM Nina Easton
The Bailout That Wasn't and What Might Be Next The Wall Street rescue would have cost $700 billion taxpayer dollars. Its failure in Congress cost $1.2 trillion in private investment in just one day. President Bush warns that millions of Americans face " the real prospect of financial hardship " if the government doesn't take action. More important than stocks is the tightening of credit. A lot of the votes against the rescue came from members of Congress who feel vulnerable in next month's election. They were swamped with phone calls, letters and e-mails from both the Left and the Right. Are the interests of Wall Street and Main Street fundamentally different or really the same? Would any government action be better than none? Are we seeing " a political version of climate change " and a "new era of class warfare?"'
Getting answers on phone taps, Russia and leaking The Directors of the FBI and the NSA testified on Capitol Hill today there's no evidence for President Trump's claim he was wire-tapped by former President Obama. We'll hear about that and the investigation into Russian tampering with last year's presidential campaign.
Trump's opening offer: Making some of America 'great again?' A massive increase for the Pentagon at the expense of domestic programs. We hear about winners and losers in the President's first proposed budget.
House Republicans release their Obamacare replacement As two House committees take up "repeal and replacement" of "Obamacare," there may be life left in the Affordable Care Act after all. Even Republicans are divided, and proposed changes won't make good on President Trump's promise to provide "health insurance for everybody."