CBS Evening News - 2009-02-04
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Read a transcript preview of “CBS Evening News - 2009-02-04” from malgent, uploaded on 2025-08-06.
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Language: English (YouTube automatic captions)
[0:03] Tonight, the president tries desperately
[0:05] to salvage his economic stimulus package
[0:08] with some one-on-one lobbying at the
[0:09] White House and a new warning.
[0:11] >> A failure to act and act now will turn
[0:15] crisis into a catastrophe.
[0:17] >> I'm Katie Kurrick. Also tonight, he blew
[0:19] the whistle on Bernard Maidoff, but says
[0:22] the SEC wouldn't listen. If you flew the
[0:25] entire SEC staff to Boston, sat them in
[0:28] Fenway Park for an afternoon, but they
[0:30] would not be able to find first base.
[0:33] >> And this kid's just 7 years old and he's
[0:36] already driving a 4'11 Phenom.
[0:44] >> This is the CBS Evening News with Katie
[0:47] Kurrick.
[0:50] >> And good evening everyone. And it is the
[0:52] first big legislative test of his
[0:54] presidency. And Barack Obama is doing
[0:56] everything he can to sell Congress and
[0:58] you on his $900 billion plan for
[1:01] jumpstarting the economy. He tried to
[1:03] win public support today by cracking
[1:05] down on executives, getting big
[1:07] paychecks from companies taking taxpayer
[1:09] bailouts. Then he worked the Senate one
[1:11] member at a time. And for those worried
[1:14] about the cost of this stimulus plan,
[1:16] Chip Reed reports the president warned
[1:18] about the cost of doing nothing.
[1:21] The president today issued his starkkest
[1:23] warning yet about the state of the
[1:25] economy and the dire consequences of not
[1:27] passing his economic stimulus package.
[1:30] >> A failure to act and act now will turn
[1:33] crisis into a catastrophe.
[1:35] >> On Capitol Hill, though, Senate
[1:37] Democrats concede that if the vote were
[1:39] held today, it's unlikely the bill would
[1:41] pass. for the president. Now, the key to
[1:44] vic