What the centrists have wrought  —  I'm still working on the numbers, but I've gotten a fair number of requests for comment on the Senate version of the stimulus.  —  The short answer: to appease the centrists, a plan that was already too small and too focused on ineffective tax cuts …

No President Needs This Kind of Exposure  —  So far six audience members have stormed out midperformance of the Broadway show “You're Welcome America.  A Final Night with George W Bush,” the comedian Will Ferrell's lampooning of the 43rd president, according to those keeping count at the Cort Theater.

Steele's Campaign Spending Questioned  —  Agents Contact Sister After Ex-Aide's Claims  —  Michael S. Steele, the newly elected chairman of the Republican National Committee, arranged for his 2006 Senate campaign to pay a defunct company run by his sister for services that were never performed …

Street artist arrested on way to event at ICA  —  Shepard Fairey, the controversial street artist riding a roller coaster of publicity with his red, white, and blue posters of President Obama, was arrested last night on his way to deejay an event kicking off his exhibition at the Institute of Contemporary Art.

Two Sides of a Debate  —  THE $780 BILLION stimulus package deal reached by a bipartisan group of senators and the White House Friday was the culmination of a frenzied week that reflected two strains of politics.  One embraced President Obama's attempt to rise above the partisan squabbles that too often have paralyzed Washington.

CIA warns Barack Obama that British terrorists are the biggest threat to the US  —  Barack Obama has been warned by the CIA that British Islamist extremists are the greatest threat to US homeland security.  —  American spy chiefs have told the President that the CIA has launched …

It's No Time for Protectionism  —  WHAT approach will the Obama administration and the Democratic majority in Congress take on international economic policy?  It is too early to say for sure, but the signs so far are worrying.  —  Just before his confirmation as Treasury secretary …

What 3.6 Million Jobs Lost Over 13 Months Looks Like  —  This chart compares the job loss so far in this recession to job losses in the 1990-1991 recession and the 2001 recession - showing how dramatic and unprecedented the job loss over the last 13 months has been.

Obama's NSC Will Get New Power  —  Directive Expands Makeup and Role Of Security Body  —  President Obama plans to order a sweeping overhaul of the National Security Council, expanding its membership and increasing its authority to set strategy across a wide spectrum of international and domestic issues.

Payroll Tax Cuts as Stimulus  —  It seems that J.M. Keynes himself thought this was a good idea.  And, indeed, it strikes me as indefensible that a stimulus package featuring hundreds of billions of dollars of tax cuts doesn't include any FICA provisions.  Payroll tax cuts wouldn't be my first choice …

Mark Steyn: Obama mythology could use some stimulus  —  Far from walking on water, president seems all at sea.  —  Recommend  —  In The Washington Post, E.J. Dionne tried to break it gently to us:  —  “No occupant of the White House has ever been able to walk on water.”

Compromise  —  There was bad news and then there was good news.  —  Yesterday we learned that in January, the country suffered its largest one-month job loss in 34 years.  —  But last night, the Senate struck a compromise on the economic recovery plan and put us on our way to giving …

FIDDLING.... Matt Yglesias has raised this observation a few times in recent weeks, but it's a good point that bears repeating. … Quite right.  There are differences of opinion about the merit of President Obama giving Congress a “deadline” on the stimulus package, but the fact remains …

Echoes From the Campaign Trail  —  Obama Returns to Aggressive Approach as Nominations Fail, Stimulus Teeters  —  President Obama retreated to the serenity of Camp David for the first time yesterday, stepping back briefly from a presidency that has quickly found itself tested by a loyal opposition …

Biden Signals U.S. Is Open to Deal With Russia on Missiles  —  MUNICH — Vice President Joseph R. Biden Jr. said Saturday that the United States will pursue a missile defense plan that has angered the Kremlin, but he also left open the possibility of compromise on the issue and struck …

Top US lawyer warns of deaths at Guantánamo  —  Lieutenant-Colonel Yvonne Bradley, an American military lawyer, will step through the grand entrance of the Foreign and Commonwealth Office in London tomorrow and demand the release of her client - a British resident who claims …

Back on World Stage, a Larger-Than-Life Holbrooke  —  Stashed in a drawer in his Manhattan apartment between snapshots of family vacations, a photograph shows Richard C. Holbrooke on a private visit to Afghanistan in 2006.  He is mugging atop an abandoned Russian tank, flashing a sardonic V …