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US president-elect Barack Obama is planning to introduce an economic stimulus package worth up to $850bn, according to one of his advisers. The package would include spending on roads and other infrastructure projects, as well as new and renovated schools,...
Tags: obama, economy, economist, economic stimulus, stimulus, trillion, barack, Barack Obama, energy, green
The U.S. government was already headed for fiscal disaster and then the problem got $3 trillion worse over the past year, Nashville Congressman Jim Cooper and others said Monday. They were responding to the release of the annual financial report of the...
Tags: trillion, stimulus, stimulus package, obama
President-elect Barack Obama 's team is considering a plan to boost the recession-hit U.S. economy that could be far larger than previous estimates and might reach $1 trillion over two years, the Wall Street Journal reported on Saturday. Obama aides,...
Tags: trillion, obama, stimulus, barack, Barack Obama
President-elect Barack Obama's economic team is considering an economic-stimulus program that will be far larger than the two-year, half-trillion-dollar plan under consideration two weeks ago, according to people familiar with the team's thinking.
Tags: stimulus, obama, economic, trillion, president, plan, economic stimulus, bill, unemployment, economy
Wall Street expects the government to report that new claims for unemployment benefits increased last week as companies ramped-up layoffs amid the recession. The jobless claims report comes a day after the federal government said the monthly budget deficit...
Tags: trillion, budget deficit, federal deficit, Treasury Department, federal government, billion dollars, wall street, deficit totaled, tax receipts, recorded budget
Support from business groups that generally are aligned with Republicans could help move Obama’s stimulus legislation forward. House Minority Leader John Boehner (R-Ohio) last week voiced opposition to public spending projects, arguing that “now is not...
Tags: obama, economic stimulus, stimulus, trillion, economic plan, republicans, barack, bill, Barack Obama, New New Deal
Shares on Wall Street surged by more than 180 points in early trading today on hopes that Barack Obama, America's President-elect, will go ahead with a huge stimulus package that could ultimately exceed $1 trillion. The Dow Jones industrial average rose...
Tags: obama, stimulus, barack, obama stimulus package, trillion, foreclosures, Barack Obama, bank, Mr Obama, Mr. Obama
Payments from the Wall Street bailout fund and slumping tax revenues will ensure a record federal budget deficit, based on congressional estimates released on Thursday...The CBO itself says the deficit should be considered to be lower since the government...
The company needed to boost spending to maintain market share, he said. Telkom, Indonesia's biggest company by market value and Southeast Asia's second-largest phone company, may seek loans from banks including PT Bank Mandiri, PT Bank Negara Indonesia...
U.S.Presidential Election 2008 President-elect Barack Obama has named his economic team warning the US is facing an economic crisis of historic proportions. Although predicting the US could lose millions of jobs next year, Obama expressed confidence that...
Tags: obama, obama: economic rescue will trump deficit fight, barack, trillion, Barack Obama, Obama Economic Team, elect barack, Citigroup Inc.