Electoral College Speaks: Obama is 44th President

Government and Economy It's Official: Barack Obama Elected 44th PresidentPresidential electors have formally elected Barack Obama the nation's 44th president. Electors gathering in state capitols across the country have pushed Obama above the 270 electoral votes needed to win, according to a tally by The Associated Press. US Deficit Would Top $1 trillion with New MethodThe federal deficit for 2008 would top $1 trillion if the government had to use the same accounting methods as private companies. And that doesn't even account for the huge costs of the Wall Street bailout, which didn't really start until the new budget year began on Oct. 1. [Read Full Article]