Timothy McNulty | November 25, 2008
Driving the day today is another Obama news conference on the economy, for the second day in a row -- this one at noon today on federal 
belt-tightening measures. From the AP:
WASHINGTON (AP) -- President-elect Barack Obama
wants to project fiscal restraint even as his economic team assembles a
massive recovery package that could cost several hundred billion
dollars.
A day after introducing the captains
of his economic team and promoting a giant jobs plan, Obama on Tuesday
was to lay out his budget belt-tightening vision. The dual images - big
spender and disciplined budget watcher - were designed to give both
political and economic assurances to the public, the Congress and the
financial markets.
Obama also was expected to
introduce Peter Orszag as his new director of the Office of Management
and Budget, the White House office that serves as a funnel for federal
agency budget requests. Orszag is the current director of the
Congressional Budget Office.
John McCain is holding his first post-election news conference at 1 p.m. in Phoenix, according to Time/CNN.
Posted
Nov 25 2008, 09:43 AM
by
Timothy McNulty