economic-stimulus package

Remember the good-old-days (like a month ago) when leading economists were pushing the federal government to boost the economy with $200 – $300 billion in new stimulus spending? Well, they’re gone.
As unemployment continues to skyrocket, the housing market continues to fall and consumers remain reluctant to open their pocketbooks, economists are now urging a package [...]

The goal of picking up nine additional Senate seats on Nov. 4 was a rallying cry for Democratic supporters eager to end what they saw as two years of GOP obstructionism. Georgia Sen. Saxby Chambliss’ reelection means that won’t happen. But Democrats shouldn’t despair because there are enough persuadable GOP moderates to muzzle a filibuster.

The party increased margins in both the House and Senate on Nov. 4. But many gains came in conservative-leaning districts, where a preference for a balanced budget could frustrate congressional leaders’ ambitious spending plans. Republicans, meanwhile, vow to unite to thwart Democratic goals. And President-elect Obama may have ideas of his own.