Stimulus plan includes billions for new construction and jobs

WASHINGTON — The ambitious $825 billion economic stimulus plan the House will vote on Wednesday blends new spending on everything from construction projects to unemployment aid with tax cuts for both individuals and businesses.  Democrats who control Congress contend the bill will create or save up to 4 million jobs, provide immediate tax breaks for …

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Bill Aimed at Preserving American Revolution, War of 1812

WASHINGTON – Endangered Revolutionary War and War of 1812 battle sites, including locations throughout the South, could get federal preservation grants under a bill passed this week by the House. “There’s a fundamental misconception that the American Revolution and War of 1812 took place only in the Northeast,” explained the bill’s sponsor, New Jersey Democratic …

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Kaine to stay put

Virginia Gov. Tim Kaine may have been crying tears of joy on Election Night, but his impassioned work on behalf of Barack Obama is not likely to move him away from Richmond before his term expires in January 2010. Kaine spokesman Gordon Hickey reiterated today the Virginia Democrat is not seeking any job with the …

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S.C. lawmakers seek special treatment on global warming

WASHINGTON – Pending global warming legislation could create serious problems for South Carolina because of the state’s dependence on coal-fired power plants, a report released Wednesday warned.  State lawmakers who ordered the report came to Washington to tell South Carolina’s congressional delegation Wednesday that harsh restrictions could cause regular brownouts by 2016 and make electricity …

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Cantor’s Mortgage Background Figured into Bailout Bill

WASHINGTON-Rep. Eric I. Cantor’s personal ties to the mortgage industry helped him play a leading role in this month’s congressional debate over the $700 billion bailout of Wall Street.  Cantor, who handled real estate law at his family’s Richmond law firm before running for Congress, still has a $250,000 to $500,000 stake in TrustMor Mortgage, …

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