The ‘day of reckoning has arrived,’ Obama will say

President Obama will tell the country the "day of reckoning has arrived, and the time to take charge of our future is here" in his first speech to a joint session of Congress, according to excerpts of his address. “Now is the time to act boldly and wisely — to not only revive this economy, but to build a new foundation for lasting prosperity,” Obama will say. Obama’s address comes two days before he will submit his budget summary to Congress.

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Obama to lay out ‘game plan’ on fixing economy

In his first speech to a joint session of Congress, President Obama is planning to strike a more optimistic tone than he has in recent days by laying out a "game plan" to beat the financial crisis, according to a senior White House official.

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Brazilian revelers celebrate Rio Carnival

Aides say the president is expected to focus on the economy when he addresses a joint session of Congress Tuesday evening, but will also touch lightly on foreign policy issues. After much talk of engaging America’s adversaries, chief among them Iran, the Obama administration has made no move so far, pending a policy review.

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Chandra Levy’s mom says police have enough evidence to convict

Washington police told the mother of slain congressional intern Chandra Levy that an arrest is imminent in her daughter’s 2001 death, Susan Levy told CNN on Saturday. “I got a call from the Washington police department, just to give me a heads up that there’s a warrant out for the arrest,” Levy said. Police Chief Cathy Lanier of the Metropolitan Police Department did not reveal the suspect’s name when she contacted the parents on Friday, Levy said.

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Arrest soon in Chandra Levy murder case, mother says

Washington police told the mother of murder victim Chandra Levy that an arrest is imminent in the eight-year-old case, Susan Levy told CNN on Saturday. Police Chief Cathy Lanier of the Metropolitan Police Department did not reveal the suspect’s name, Levy said. Police did not provide details, and told reporters that no announcement is expected this weekend

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After the Stimulus, Can Obama Tame the Deficit?

Barack Obama calls them the Propeller-Heads, the cheerful band of financial nerds he has charged with saving America’s economy. And on the Friday before Presidents’ Day weekend, they were ready to show him the latest piece of their rescue plan: the 2010 federal budget. Having just squeezed through Congress what may be the largest spending bill in history, the President now needed to do something that would make the stimulus fight look easy: show the country and the world that he was as serious about preventing waste as he was about promoting growth

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