This program is about 1 hour long
(White House: Ed Henry) Obama's day in Elkhart, Indiana and with the press conference about the economic stimulus plan reviewed. [From the White House, OBAMA - cites the jobs lost that is a full-blown crisis, the recovery plan will save or create 4 million jobs, only government has the resources to break the economic cycle; outlines tax credits and relief to put money in the pockets of Americans who will spend it, but tax cuts alone cannot solve the problem.] The reaction from Republican Representative John Boehner to the bill, Obama's plans to go to Ft. Myers, Florida, tomorrow and what Treasury Secretary Tim Geithner will announce tomorrow noted. The elements of the economic plan remaining while some specific parts have been cut out discussed.
(Studio: Anderson Cooper) The Senate vote tomorrow on the revised economic stimulus plan noted.
(Washington: Candy Crowley) What will be in the final stimulus package, including what will be given to the states and individual Americans, reviewed; details given about taxes, education programs and unemployment benefits. [In Elkhart, OBAMA - speaks about an overpass in Elkhart.] [Elkhart Mayor Dick MOORE- says "send us the money."] [National Economic Council director Lawrence SUMMERS- speculates about the economy.]
(Studio: Anderson Cooper) Live strategy session held with CNN's David Gergen, John King, Ali Velshi, Gloria Borger and BET's Pamela Gentry about Obama's press conference and the plan. [GERGEN - assesses how the White House is doing with Obama going back on the offensive; states Obama has put pressure on Congress to get a bill.] [KING - outlines what Obama's advisers have learned about the presidency.]
(Studio: Anderson Cooper) Live strategy session held with CNN's David Gergen, John King, Ali Velshi, Gloria Borger and BET's Pamela Gentry about Obama's press conference and the economic stimulus plan. [BORGER - says Obama is trying to make the case that this has to happen now: that a crisis could turn into a catastrophe.] [GENTRY - comments on Obama's tough talk about Republicans.] [VELSHI - comments on the White House graph on the economy with the stimulus plan; adds we may bottom out in the next two months.] [GERGEN - says Obama got only 3 of 219 Republicans to support the bill; outlines the risk for Obama: that the economic situation is getting worse by the week and the big issue is whether the package is actually enough.] Other material: [OBAMA - says if you delay action, you create a negative spiral: that this is not an ordinary recession and we have lost 3.6 million jobs; speaks about the Republican credibility on fiscal responsibility.]
(Studio: Anderson Cooper) Report introduced.
(Washington: Dana bash) The dueling economic stimulus plans from the Senate and the House compared; details given about Senate cuts in education, school construction and Head Start and the backing of House Democrats for that spending. [Senator Max BAUCUS, Representative James CLYBURN, Senators Susan COLLINS, Amy KLOBUCHAR - offer views on the bills.]
(Studio: Anderson Cooper) Live strategy session held with CNN's political strategists Ed Rollins, Paul Begala, Jamal Simmons and Paul Castellanos about the economy. [ROLLINS - speculates about whether Obama and the Republicans will come to an agreement; notes will be 3.7 trillion in debt.] [BEGALA - says Obama has to be more of a realist; compares the House and Senate bills and whether tax portions are stimulus; states the Republicans caused this disaster.] [CASTELLANOS - comments on the value of the bipartisan mantle and the resulting risk to Republicans.] [SIMMONS - indicates the Republicans just say "no, no, no" while the president has bent over backwards.] Other material: [OBAMA - talks about his dealings with Republicans to get trust over time through these overtures; states he has been concerned about the claims the bill is pork.]
(Studio: Anderson Cooper) Live strategy session held with CNN's David Gergen, John King, Ali Velshi, Gloria Borger and BET's Pamela Gentry about Obama's stimulus package. [GERGEN - says "New York Times" columnist Paul Krugman said unemployment continued beyond the end of the recent recessions.] [VELSHI - says jobs are a lagging indicator in the economy, that we will continue to lose jobs in 2009 and ultimately it is a confidence game.] [GENTRY - says Obama has been going non-stop and will hold more town meetings to keep everyone involved.] [KING - says jobs is a tough standard to set when people cannot get jobs.] [BORGER - says the president said there will be signs the economy will stop getting worse.] [KING - notes every problem in the world crosses the president's desk.] [BORGER - outlines Obama's approach to a worsening economy.] [GENTRY - comments on foreign policy.] Other material: [In response to question from Ed Henry, OBAMA - says Afghanistan will be a big challenge because the national government there seems detached while Taliban and Al Qaeda operates in the mountains.]
(Washington: Joe Johns) The second part of the bailout of the banks via the TARP program examined; details given about what needs to be done with bank assets. [TARP Congressional Oversight Panel Elizabeth WARREN- says taxpayers need to be outraged because the message is you tell us the truth.] [Brookings Inst. Douglas ELLIOTT - calls for accountability and the leverage effect.]
(Studio: Randi Kaye) The stunning steroids admission from baseball player Alex Rodriguez; a reception at the Department of the Interior for First Lady Michelle Obama and the wildfires in southeastern Australia reported. [On ESPN, RODRIGUEZ - apologizes.] [President OBAMA - reacts to the Rodriguez story.]