Obama wants swift action on massive recovery plan

altObama\'s plans, outlined by his transition team yesterday, could put aside his campaign pledge to repeal a Bush tax cut for the wealthy. With the downturn in the economy, those tax cuts may remain in place until they are scheduled to die in 2011, said William M. Daley, an economic adviser. Obama aides want lawmakers to reach agreement, before the Jan.

APEC leaders commit to quick economic action

APEC leaders commit to quick economic action

The leaders promised to \"take all necessary economic and financial measures to resolve this crisis.\" Their declaration at the end of a two-day summit in Peru echoed measures called for by the Group of 20

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