Cut to the News . . . Your Daily News Briefing
Thursday, February 26, 2009 Make us your homepage
Leading the News
Obama Proposing $634 Bil. Health Plan. . . Will pay for it by taxing wealthy and cutting Medicare, Medicaid and other health programs. New York Times
Banks Get Stress Test . . . Administration unveils its financial-rescue plan, including test to examine whether big banks can withstand a long slump.
Wall Street Journal
Hundreds Arrested in Probe of Mexican Cartel . . . U.S. authorities arrest more 730 in 21-month investigation targeting Mexico's Sinaloa drug cartel. Los Angeles Times
Politics
House Approves $410 Bil. Spending Measure . . .Will cover spending for rest of fiscal year. Bill bristles with earmarks and chips away at Bush policies. Associated Press
Battle Shaping Up Over Farm Cuts . . . Top Democrats and Republicans already shooting down Obama's plan to cut farm subsidies.
Washington Times
Jindal's Star Falls Back to Earth . . . Rising GOP presidential prospect's performance in Obama rebuttal is widely panned. New York Times
Commission Calls for Driving Taxes . . . Congressionally chartered panel says government should install devices in cars that levy a fee for every mile traveled. Wall Street Journal
Obama Taps Locke for Commerce . . . Former Washington governor is his third stab at filling the post. USA Today
FEMA Grilled on $4 Bil. in Unspent Aid . . . Gulf Coast recovery effort has delays that have stalled key projects and left billions in federal aid unspent. USA Today
Stevie Wonder Performs at White House . . . Obama attributes his early bond with Michelle to Wonder's music, honoring the musician with the Gershwin Prize. USA Today
National Security
Obama CIA Brief Includes Economic Report . . . New briefing reflects concern global financial turmoil could destabilize foreign governments.
Los Angeles Times
U.S. Mounts Afghanistan Offensive . . . Hundreds of U.S. troops push into key Taliban stronghold in major operation to stop infiltration of Kabul from the south. McClatchy Newspapers
Holder: Gitmo Well Run, But Will Close Anyway . . . No signs of inmate mistreatment. Reuters
Oil Price Decline Could Slow U.S. Iraq Withdrawal . . . Falling revenues to Iraq government may affect rebuilding and stability.
New York Times
Business
Citigroup Deal With Government Close . . . Would boost the federal government's stake in company to as much as 40 percent.
Wall Street Journal
Housing Turnaround May Be a Year Away . . . Price declines may continue well into 2010. Sales plunge to lowest level since 1997. Reuters
Feds Don't Seek Nationalization . . . The term "means different things for different people but nationalization is not the route we're pursuing now," says FDIC Chair Sheila Bair. Reuters
International
Gunman Charged in Mumbai Attacks . . . Evidence reveals fresh details of attack. Wall Street Journal
Clinton to Press Israel on Gaza . . . Will seek increase in humanitarian aid. Washington Times
Bangladesh Mutiny Spreads . . . Country could plunge into chaos. Prime minister warns of tough action against mutinous border guards unless they surrender. Times (UK)
Probe of Amsterdam Jet Crash Begins . . . Details of final moments aboard Turkish jet. Death toll at nine. Guardian
Also Today. . .
It's the Calories, Stupid . . . New study shows that whatever the diet, weight loss is tied to calorie restriction. Wall Street Journal
Miami Man Kills Family, Self . . . Father of family of musicians shoots wife and two daughters before turning gun on himself. Miami Herald
Healthy Diet reduces Cancer Risk 39 Percent . . . Eating fruit and vegetables and keeping weight down can significantly reduce risk, says major report. Guardian
Joseph O'Neill Takes PEN/Faulkner Award . . . Wins for his widely praised novel "Netherland," set in New York after Sept. 11 attacks.
Washington Post
Jimmy Fallon Takes Over for Conan . . . New Late Night host starts his run Monday. USA Today
Today's Video
Turkish Air Crash in Amsterdam Probed . . . MSNBC
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