To the Point
Barack Obama, Back on the Road
Bipartisanship didn't work on Capitol Hill, but the massive stimulus bill passed anyway. Now the President is back on the road. Also, a US military leader says Obama's plans to withdraw from Iraq is optimistic, and the State of California runs out of money. We look at the politics and economic recovery.
Bipartisanship didn't work on Capitol Hill, but the massive stimulus bill passed anyway. Now the President is back on the road. Also, a US military leader says Obama's plans to withdraw from Iraq is optimistic, and the eighth largest economy in the world is in trouble. We hear how political gridlock could mean financial disaster for California.
Banner image: US President Barack Obama greets supporters upon his arrival at Buckley Air Force Base near Denver, Colorado. Photo: Jim Watson/AFP/Getty Images
In this episode
3 storiesUS General Says Iraq Needs More Time
US military leaders in Iraq have long warned that President Obama's promise to withdraw in 16 months may be optimistic. A recent interview with London's Financial Times may be the beginning of a public campaign, as Demetri Sevastopulo reports from the Pentagon.
Read the story6 minBarack Obama, Back on the Road
Signed into law today, the $789 stimulus package is the biggest thing of its kind since the Great Depression. Passed in three weeks with help from just three Republicans, President Obama is gambling that it will work. The GOP's gambling that it won't and that Obama will take the blame. Outside the Beltway, Obama wins two-to-one in the polls.
Read the story35 minCalifornia to Lay Off 20,000 State Workers
California, the Golden State with the world's eighth largest economy, faces a $42 billion deficit in the next 18 months and is about to run out of money. Democrats have the majority in the Assembly and Senate, but they lack the two-thirds of both houses required to pass a budget .
Read the story8 min