FROM William Poole
Congress Pushes Back on the Bailout The Bush White House today warns of economic "calamity" if Congress won't bail out Wall Street, but despite the $700 billion price tag, the leading budget expert in Congress says there's no way to estimate the real cost. Today, Federal Reserve Chair Ben Bernanke told a joint committee of Congress that the economy needs the Wall Street bailout and needs it now. We hear from skeptical Democrats and Republicans as pressure increases and time grows short.
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.