David Herszenhorn

The Congressional Budget Office wants to forgo subsidized loans for direct government lending, a move that the loan industry says may cost them billions. For more, The Takeaway talks to David Herszenhorn from our partner The New York Times.

We are now joined by New York Times writer David Herszenhorn who can provide the details of the economic stimulus plan as well as Jeff Zeleny, also of the New York Times, who can tell us the background of the bill.

The economic stimulus bill faces its key test vote in the Senate today. Here with a road map for the negotiations ahead are David Herszenhorn of the New York Times and Jay Newton-Small, Washington Correspondent for Time Magazine.

President Obama has said he wants to work closely with members of Congress on both sides of the aisle to address America’s current economic problems. How is this likely to play out as lawmakers grapple with healing the economy?

Yesterday, House Democrats released an $825 billion economic stimulus bill designed to create and preserve jobs and get people spending again. At the same time, the Senate released the remaining bailout funds to prop up flailing financial institutions.