“The single most important thing we have to do as a new administration…is we’ve got to begin to stem this bleeding here.”
– Vice President-elect Joe Biden yesterday on “This Week with George Stephanopoulos.” Biden said that the economy is in much worse shape than he and Obama had thought, and a second stimulus package costing $600-700 billion may be needed. Hear more gloom and hope for recovery from Biden on “Larry King Live” tonight.