recent posts

Obama’s advisers defend stimulus bill...

Posted by Will on 07 22nd, 2009
Key White House advisers offered a spirited defense of the $787-billion stimulus bill Tuesday evening, with press secretary Robert Gibbs saying it was always intended to “cushion the blow” of the recession, not solve it outright. The meeting with regional reporters came as...

Cabinet Marks Stimulus Plan’s First 100 Days...

Cabinet Marks Stimulus Plan’s First 100 Days
Posted by Will on 05 30th, 2009
Following the reams of analysis and reflection on the first 100 days of the Obama administration, today the White House hopes reporters will make note of another milestone: The first 100 days of the economic stimulus package. President Obama speaks today at Nellis Air Force Base...

Judge to review S.C. stimulus dispute...

Judge to review S.C. stimulus dispute
Posted by Will on 05 30th, 2009
A federal judge on Monday will review arguments involving a complex South Carolina legal battle over how to spend $700 million of the state’s federal stimulus money. Friday was the deadline for Gov. Mark Sanford, Attorney General Henry McMaster, Education Superintendent...

U.S. stimulus to save 3.5 million jobs by end 2010...

U.S. stimulus to save 3.5 million jobs by end 2010: official
Posted by Will on 05 13th, 2009
The Obama administration’s fiscal stimulus plan will meet previous estimates to save 3.5 million U.S. jobs by the end of 2010, but the unemployment rate at that time may be higher due to further deterioration in the economy, a senior administration official said on Monday. The...
recent from Economy Obama advisor Lawrence Summers defends $787-billion stimulus plan Obama advisor Lawrence Summers defends $787-billion stimulus plan
President Obama’s chief economic advisor, former Treasury Secretary Lawrence H. Summers, defended the administration’s massive program for fighting the recession, saying it was on track and beginning to show results despite continuing bad news on unemployment. “If we were at the brink...
recent from Featured Articles Obama’s advisers defend stimulus bill
Key White House advisers offered a spirited defense of the $787-billion stimulus bill Tuesday evening, with press secretary Robert Gibbs saying it was always intended to “cushion the blow” of the recession, not solve it outright. The meeting with regional reporters came as President Barack Obama’s...