Departing Bush administration figures left behind their thoughts on Wednesday as further signals revealed the shifting power to President-elect Barack Obama.
AP - President-elect Barack Obama warned of dire and long-lasting consequences if Congress doesn't pump unprecedented dollars into the national economy, making an urgent pitch Thursday for his mammoth spending proposal in his first speech since the election.
AP - President-elect Barack Obama's proposed tax cuts ran into opposition Thursday from senators in his own party who said they wouldn't do much to stimulate the economy or create jobs.
AP - The U.N. halted deliveries to the Gaza Strip on Thursday after gunfire from an Israeli tank killed an aid truck driver, and the threat of a wider conflict arose when militants in Lebanon fired rockets into northern Israel.
Protests erupted shortly after a young man killed by an Oakland, California, subway police officer was laid to rest, according to local media and iReporters. Footage from CNN affiliate KTVU-TV showed demonstrators rampaging through the streets protesting the death of Oscar Grant, a 22-year-old father who was killed on New Year's Day in a crowded train station.
President-elect Barack Obama said today Congress must take "dramatic action" on his economic aid package as soon as possible, warning that failure to do so would have devastating long-term consequences for the nation. "In short, a bad situation could become dramatically worse," he said.