AP - Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. The plan announced Tuesday by federal officials and mortgage giants Fannie Mae and Freddie Mac sounds sweeping in its approach: Borrowers would get reduced interest rates or longer loan terms to make their payments more affordable.
AP - President Bush wistfully saluted the nation's veterans Tuesday as he prepares to hand two ongoing wars over to his successor, saying he'll "miss being the commander in chief of such a fabulous group."
AP - In his first interview since conceding the presidential election, John McCain said Tuesday that Sarah Palin did not damage his presidential bid and he dismissed anonymous criticism aimed at her following their crushing defeat.
President-elect Barack Obama could reverse some of President Bush's most controversial executive orders, including restrictions on embryonic stem cell research, shortly after taking office in January. Obama's transition team is reviewing hundreds of Bush's executive orders, according to John Podesta, Obama's transition co-chair.
For most African-Americans, the election of Barack Obama as president was a dream come true that they didn't think they would see in their lifetime, a national poll released Tuesday suggests.
A rapidly deteriorating situation in the U.S. auto industry may serve as the backdrop for a classic contest of political wills between the outgoing Bush administration on the one hand and both President-elect Barack Obama and the newly strengthened Democratic congressional majority on the other.