From this morning's Earlybird:
• "American International Group (AIG), the insurance firm that has received roughly $180 billion in government support in the financial crisis, is officially closing its Washington lobbying office," The Hill reports. "AIG was a major lobbying presence in Washington for many years. In 2008, the firm spent nearly $10 million on lobbying, according to congressional records."
• "The practicality of President Obama's pledge to change the ways of Washington is colliding once more with the reality of how money, influence and governance interact here," the New York Times reports. "He repeatedly declared while campaigning last year that he would 'not take a dime' from lobbyists or political action committees. So to follow through with that promise, Mr. Obama is simply leaving the room."
• "The coal industry is pushing back against a climate change bill that would likely curb coal use by circulating a map that shows which states would see their electric bills increase the most under the legislation," The Hill reports. "But supporters of the bill say the industry's figures are off the mark and don't factor in ways the bill will offset rising energy costs or the jobs that it will create."
"A draft proposal in the Senate to overhaul the nation's health-care system would require most people to buy health insurance, authorize an expansion of Medicaid coverage and create consumer-owned cooperative plans instead of the government coverage that" Obama "is seeking," the Washington Post reports.

Leave a response