March 28th, 2008
05:52 AM ET
7 years ago

POLITICAL HOT TOPICS: Friday, March 28, 2008

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Compiled Jonathan Helman
CNN Washington Bureau

Washington Post: Democrats Knock McCain's Economic Views
Sens. Barack Obama and Hillary Rodham Clinton yesterday sharply criticized presumptive Republican presidential nominee John McCain's views on the housing crisis, illustrating a wide gap between the two parties on how to fix the ailing economy.

NY Times: Obama Casts Wide Blame for Financial Crisis and Proposes Homeowner Aid
Senator Barack Obama called Thursday for tighter regulation of mortgage lenders, banks and financial houses, even as he spoke of pumping $30 billion into the economy to shield homeowners and local governments from the worst effects of the collapse of the housing bubble.

USA Today: McCain To Embark On 'Biography Tour'
John McCain became a public figure as a Vietnam prisoner of war. He has been in Congress for a quarter-century and ran a well-covered presidential race in 2000. He has co-authored five books. But his campaign still wants to make sure people know who he is. The Republican presidential nominee-in-waiting begins a "biography tour" next week, visiting schools and military installations "that have played a significant role in shaping who I am today," as McCain put it in a fundraising letter.

Washington Post: Obama Rewriting Rules for Raising Campaign Money Online
Online donations help illustrate how Obama has shattered fundraising records and challenged ideas about the way presidential bids are financed. While past campaigns have relied largely on support from small circles of wealthy and well-connected patrons, Obama has received contributions from more than 1 million donors. He raised $91 million in the first two months of 2008 alone, most of it in small amounts over the Internet.

Washington Post: MCCAIN-ROMNEY?
It remains to be seen whether John McCain will put ex-rival Mitt Romney's financial know-how to use by picking him as his running mate. But yesterday, McCain did the most to milk another of Romney's primary attributes - his access to deep pockets in Rocky Mountain country.

NY Times: Parties Differ on Whom Economic Aid Should Help
When an election campaign coincides with both a crisis on Wall Street and soaring home foreclosures across the country, the traditional ideological battles over “more government” or “less government” become blurred.

Washington Post: 42 Democrats Vow a Drawdown in Iraq If They Win Seats
More than three dozen Democratic congressional candidates banded together yesterday to promise that, if elected, they will push for legislation calling for an immediate drawdown of troops in Iraq that would leave only a security force in place to guard the U.S. Embassy in Baghdad.

WSJ: Subprime Politics
Barack Obama was still plowing through his economic speech Thursday in New York when Hillary Clinton's campaign sent an email to reporters, accusing her rival of taking more campaign cash from the main players in the subprime-mortgage industry than the other two presidential candidates. However, several measures suggest Sen. Clinton received more from major subprime companies than Sen. Obama and probable Republican nominee John McCain.

Washington Post: As Candidates Warm to Bush Tax Cuts, Economists Warn of Long-Term Effect
The direction of the tax debate is frustrating deficit hawks in Washington, who worry that none of the candidates is charting a course toward a balanced budget. Meanwhile, Bush and other politicians are telling voters alarmed by a sagging economy that keeping the cuts past their 2010 expiration date can help revive the nation's fortunes, a claim many economists say is nonsense.

WSJ: North Carolina Can Change Race Dynamic
Sens. Barack Obama and Hillary Clinton are digging in for a month-long fight in advance of the Pennsylvania Democratic primary, but it could be North Carolina that emerges as the more important battleground.

NY Times: An Obama-Bloomberg Ticket? No Cheers From the Mayor
It was only hours after Mayor Michael R. Bloomberg finally made it clear that he was not running for president that his chief political guru, Kevin Sheekey, suggested that he would be the perfect running mate for Senator Barack Obama.


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