Your Search Returned 84 tagged news reports
US0.6729/35, up 1.9 US cents, or 2.9 per cent, from Friday's close of $US0.6537/42. It was the unit's strongest start to the local session since January 19, when it opened at $US0.6744/52. During the weekend offshore session, the currency moved between...
Tags: australia, trillion, stimulus, obama, congress, bill, barack, economy
Taxpayers will pay much more for the fiscal stimulus than previously revealed over $1.17 trillion according to the Congressional Budget Office (CBO). Most sources have assessed the cost of the stimulus package at approximately $825 billion.
Tags: trillion
But she said it’s not going to mean higher taxes to pay either for new programs or to make up the $1.6 billion deficit for the balance of this year and estimated $3 billion gap between revenues and expenses next year. “It is important to remember that...
Tags: stimulus, economic stimulus, economy, conomic stimulus, government, trillion, bill, spending, obama
The first African-American to become US president will take his oath against the backdrop of plunging world stock markets, prospects of a drawn-out US and global downturn, a trillion dollar federal deficit and fears of more crippling bank losses. As if...
Tags: trillion, obama, barack, Barack Obama, stock markets
Peter Orszag, President-elect Barack Obama's choice for budget director, called for urgent action at his confirmation hearing to "jump-start the economy out of the worst economic crisis since the Great Depression" and said the new administration wanted...
Tags: obama, government, trillion, economy, barack, Barack Obama
According to AP, the Congressional Budget Office forecast that the US budget deficit will top 1.2 trillion dollars by the turn of the 2009 fiscal year. The massive deficit projected by the CBO does not include incoming President-elect Barack Obama's expected...
Tags: deficit, budget, government, trillion, year, fiscal, 2009, obama, president, barack
The government will change the posture of the 2009 budget in connection with a change in a number of macro-economic indicators caused by the development in global as well as national economic conditions. Acting coordinating minister for the economy Sri...
President-elect Obama proposes an unparalleled test of Keynes' decades-old idea: that deficit spending on a grand-enough scale can inspire the confidence to right a sinking economy. January 11, 2009 President-elect Barack Obama will soon unveil a package...
Tags: deficit, trillion, president, economy, obama, tax cuts, barack, Washington, Barack Obama
President-elect Barack Obama said Americans will have to sacrifice to lift the nation from recession and acknowledged that some of his campaign promises may not be fulfilled because of what he described as a dire economic situation. In a wide-ranging...
Tags: obama, Barack Obama, barack, Barack Obama Compares, Mr. Obama, trillion, ABC News, campaign promise, barack obamas, Congress
I don't believe it's too late to change course, but it will be if we don't take dramatic action as soon as possible...So declared President-elect Barack Obama on Thursday, explaining why America needs an extremely aggressive government response to the...
Tags: stimulus, economic stimulus, trillion, economy, obama, barack