Showing posts with label Stimulus package. Show all posts
Showing posts with label Stimulus package. Show all posts

Tuesday, February 3, 2009

Obama's Stimulus Package.

Obama's stimulus package as presented by the Center for American Progress Action Fund can be found here.

Stimulus expert Zandi, sees the package as falling short. Here is WSJ report on Zandi's view of the package.

Wednesday, January 28, 2009

House Passes Stimulus Package

The WSJ reports on the passage of President Obama's stimulus package.

The House passed an $819 billion tax-and-spending bill Wednesday, in a recession-fighting effort that would extend the reach of the federal government across the U.S. economy by reshaping policy on energy, education, health care and social programs.
The House bill is one of the largest single stimulus packages in history, almost equal to the entire cost of annual federal spending under Congress's discretion. A parallel Senate measure, which is expected to come to a vote next week, is now valued at nearly $900 billion.
Either bill, if enacted, would push the federal debt toward levels not seen since the second World War.


For more, click here.