Jan 9th, 2009 · When Barack Obama's top economic adviser went to Capitol Hill to pitch the president-elect's stimulus plan, he found much skepticism from Democrats. Lawmakers are struggling to find the right balance between tax cuts and government spending.
Jan 9th, 2009 · Senate minority leader, Mitch McConnell of Kentucky has become the most powerful Republican in government. And even though Democrats now hold sway in Washington, his backing is crucial to President-elect Barack Obama's plans for an economic stimulus package.
Jan 9th, 2009 · With jobs evaporating at an alarming rate, President-elect Barack Obama's case for a big package of tax cuts and spending to stimulate the economy looks ever more compelling. The question now is what will Congress do? David Wessel of The Wall Street Journal talks with Renee Montagne about the stimulus package.
Jan 9th, 2009 · The Social Security Administration has a stimulus package of its own for recipients. The financial publication Forbes.com notes that overall Social Security payments will go up $38 billion this year. That's because the government ties Social Security payments to inflation, which climbed last year when oil prices spiked. The result: Payments will rise nearly 6 percent this year.
Jan 9th, 2009 · President-elect Barack Obama urged passage of a huge government stimulus package Thursday. Tax cuts and government spending would be part of the plan and are meant to boost the struggling economy. Friday's unemployment numbers, expected to be the worst in months, may help bolster his argument for immediate action.
Jan 8th, 2009 · President-elect Obama said congressional inaction on his economic stimulus package could make a bad situation dramatically worse. In a speech at George Mason University, outside Washington, Obama blamed the economic crisis on "an era of profound irresponsibility."
Jan 8th, 2009 · President-elect Barack Obama laid out his vision for an economic stimulus plan Thursday at George Mason University. Read his prepared remarks.
Jan 8th, 2009 · President-elect Obama suggests his economic stimulus package would add up to about $775 billion over two years, but not the trillion dollar estimate that some economists have called for. Obama delivers a major speech on the economy Thursday. He's expected to make the case for urgent action on his stimulus package — a plan aimed at creating millions of jobs.