Mich. Legislature may tackle budget, roads in '09

Michigan lawmakers enjoyed a smoother road this year, avoiding their bruising tax battles of 2007. But the national recession and deteriorating financial health of the Detroit automakers may bring even stiffer challenges in 2009.

Granholm warns of state budget cuts

LANSING, Mich. (WOOD) -- Governor Granholm says the struggling economy means the state's budget may need to be cut.

Libertarian candidate protests Senate debate

by Tony Tagliavia

Expectations low, Palin scores in debate

Analysis: While both vice presidential candidates succeeded in their only debate, the stakes were much higher for Sarah Palin. So, in the contest of low expectations, Palin won.

Bush: 'Our entire economy is in danger'

Pressing urgently for a massive financial bailout, President Bush says the nation faces a "long and painful recession" if Congress fails to act. He says "our entire economy is in danger."

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