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Republicans unsure about Obama's tax cut.
Pelosi adjusts to working with a Democratic administration.
Democrats plan overhaul of financial regulation.
Obama wants $500 tax cut for most workers, $1,000 for couples.

Obama Hits Capitol

CS - Obama 2 090105
Gerald Herbert/AP

President-elect Barack Obama is getting right into the business of power brokering. Beginning with a morning sitdown with House Speaker Nancy Pelosi, Obama met with lawmakers to push for passage of his proposed $300 billion in tax cuts and $500 billion in spending. "The reason we are here today is because the people can't wait," Obama said. Republicans, meanwhile, are "responding warily" to Obama's tax cut idea, Politico reports. "There are a lot of questions," one aide explained.

Read it at The Washington Post
Posted at 1:18 PM, Jan 5, 2009
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