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Democrats gear up for Obama's economic stimulus package From correspondents in Washington January 05, 2009 07:51am US president-elect Barack Obama is expected to hammer out with congressional leaders final details for a massive stimulus package designed...
Tags: stimulus, trillion, obama, democrats, economic stimulus, economy, barack, jobs, Barack Obama, democrats gear
YESThe Obama team is talking about an economic stimulus package of about $800 billion over two years...But it is actually not so large considering the size of the problem we are facing.Even if we take into account the rest of our red ink, and we actually...
Tags: stimulus, economic stimulus, stimulus package, economy, economic, bill, trillion, deficit, Barack Obama
Deval Patrick and four Democratic governors are calling for a $1 trillion federal bailout, including $250 billion in aid for schools. “We think it’s critical to have a safety net investment for education,” Patrick said. “None of us want to lose ground...
Tags: trillion, economic stimulus, stimulus package, obama, barack, obama administration, democrats, jobs, democratic governors, New York Post
House members, all Democrats, met privately Wednesday with Republican Gov. M...They later met with the Democratic leaders of the General Assembly. The federal stimulus proposal has been estimated to cost anywhere from $775 billion to $1 trillion. Rell...
Tags: democrat, republican, trillion, barack, obama, federal stimulus, Jodi Rell
Senate Minority Leader Mitch McConnell (R-Ky.) demanded hearings and at least a week to review the bill to prevent wasteful spending and fraud. In a statement, he said he understood Democrats wanted to move the bill in the two weeks Congress is in session...
Tags: stimulus, democrats, republicans, obama, senate, economy, obama administration, economic stimulus, trillion, barack
Barack Obama is expected to spend so much propping up the world’s biggest economy in 2009 that the national debt will balloon by an astonishing $2 trillion (£1.36 billion). It is $2 trillion that the US Government will try to fund by selling Treasury...
The government has endorsed a medium-term tax reform program designed to secure revenue sources to cover the ballooning costs of social security, which includes pensions plus medical and nursing care services. It mentions raising the consumption tax from...
Tags: fiscal, budget, government, trillion, 2009, reform, year, medical, asa, Japan
CIT did not make any comment about the cash injection other than a statement announcing the preliminary approval. Last week, CIT said it plans to raise $1.5 billion in new regulatory capital by exchanging senior debt for subordinated debt and cash. It...
Tags: trillion, economic stimulus, obama, paulson, barack, Bush, Congress, Tony Fratto, White House, Treasury
Bush assumed office, most of those disgruntled about the stolen election contented themselves with this thought: Given our system of checks and balances, given the gridlock in Washington, how much damage could be done? Now we know: far more than the worst...
The government will commit a breathtaking amount of money -- as much as $1 trillion may be required, some say -- on an economic recovery package over at least the next two years. Economists from across the philosophical spectrum have advised President-elect...
Tags: obama, stimulus, economy, trillion, plan, us economy, Barack Obama, barack, jobs, economic recovery