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	<title>The Washington Independent &#187; economic stimulus</title>
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	<description>National News in Context</description>
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		<title>Crossroads GPS going after Rep. Boswell, Obama with mailers</title>
		<link>http://washingtonindependent.com/115912/crossroads-gps-going-after-rep-boswell-obama-with-mailers</link>
		<comments>http://washingtonindependent.com/115912/crossroads-gps-going-after-rep-boswell-obama-with-mailers#comments</comments>
		<pubDate>Fri, 11 Nov 2011 19:34:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Labor]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[2012]]></category>
		<category><![CDATA[2012 ads]]></category>
		<category><![CDATA[Crossroads GPS]]></category>
		<category><![CDATA[economic stimulus]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[Karl Rove]]></category>
		<category><![CDATA[KCCI]]></category>
		<category><![CDATA[Tom Latham]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/115912/crossroads-gps-going-after-rep-boswell-obama-with-mailers</guid>
		<description><![CDATA[<p>Crossroads GPS, a conservative policy and advocacy organization based in Washington, D.C., is building on its TV ads criticizing U.S. Rep. Leonard Boswell (D-Des Moines) with direct mailers in his district.<span id="more-115912"></span></p>
<div><a href="http://iowaindependent.com/61856/iowas-3rd-4th-cd-races-among-10-fec-reports-to-watch/boswell_official_color-2" rel="attachment wp-att-61857"><img class="size-thumbnail wp-image-61857" title="boswell_official_color" src="http://media.iowaindependent.com/boswell_official_color-99x150.jpg" alt="" width="99" height="150" /></a>Leonard Boswell
</div>
<p>The mailer, reproduced below, is very similar to the TV ad. It attacks <a href="http://iowaindependent.com/tag/leonard-boswell">Boswell</a> <a href="http://washingtonindependent.com/115912/crossroads-gps-going-after-rep-boswell-obama-with-mailers" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>Crossroads GPS, a conservative policy and advocacy organization based in Washington, D.C., is building on its TV ads criticizing U.S. Rep. Leonard Boswell (D-Des Moines) with direct mailers in his district.<span id="more-115912"></span></p>
<div><a href="http://iowaindependent.com/61856/iowas-3rd-4th-cd-races-among-10-fec-reports-to-watch/boswell_official_color-2" rel="attachment wp-att-61857"><img class="size-thumbnail wp-image-61857" title="boswell_official_color" src="http://media.iowaindependent.com/boswell_official_color-99x150.jpg" alt="" width="99" height="150" /></a>Leonard Boswell</p>
</div>
<p>The mailer, reproduced below, is very similar to the TV ad. It attacks <a href="http://iowaindependent.com/tag/leonard-boswell">Boswell</a> for supporting President Obama’s American Recovery and Reinvestment Act, and says the American Jobs Act will mean “more big government spending and tax increases of $450 billion.”</p>
<p>Crossroads Grassroots Policy Strategies has so far spent $186,556 at the KCCI and WHO networks in Des Moines, the local CBS and NBC affiliates. The group has ties to former White House deputy chief Karl Rove.</p>
<p>It’s unclear how much Crossroads is spending on the mailing, or what communities are receiving it. The mailing below was received in Des Moines.</p>
<p>Boswell faces a tough re-election battle against fellow U.S. Rep. <a href="http://iowaindependent.com/tag/tom-latham">Tom Latham</a> (R-Ames), who’s opted to move and take on Boswell rather than face U.S. Rep. <a href="http://iowaindependent.com/tag/steve-king">Steve King</a> (R-Kiron) in his current district.</p>
<p>According to OpenSecrets.org, the 501(c)(4) “outside spending” group spent $15.1 million against Democrats in the 2009-10 cycle and $479,619 for Republicans. It spent another $1.1 million on electioneering communications. The group doesn’t disclose its donors.</p>
<p>American Crossroads, a related “super PAC,” raised $26.5 million in 2010 and spent $21.5 million. It raised and spent the most out of any independent expenditure-only committees in 2010.</p>
<p><a href="http://iowaindependent.com/63847/crossroads-now-attacking-boswell-obama-with-mailers/img_0014" rel="attachment wp-att-63848"><img class="alignleft size-large wp-image-63848" title="crossroads mailer" src="http://media.iowaindependent.com/IMG_0014-500x435.jpg" alt="" width="500" height="435" /></a></p>
<p><a href="http://iowaindependent.com/63847/crossroads-now-attacking-boswell-obama-with-mailers/img_0015" rel="attachment wp-att-63849"><img class="alignleft size-large wp-image-63849" title="crossroads mailer 2" src="http://media.iowaindependent.com/IMG_0015-500x441.jpg" alt="" width="500" height="441" /></a></p>
]]></content:encoded>
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		<title>EPA to release final study on Keystone XL</title>
		<link>http://washingtonindependent.com/114692/epa-to-release-final-study-on-keystone-xl</link>
		<comments>http://washingtonindependent.com/114692/epa-to-release-final-study-on-keystone-xl#comments</comments>
		<pubDate>Fri, 28 Oct 2011 13:56:38 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Environment/Energy]]></category>
		<category><![CDATA[Government Accountability/Reform]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[economic stimulus]]></category>
		<category><![CDATA[Keystone XL pipeline]]></category>
		<category><![CDATA[lisa jackson]]></category>
		<category><![CDATA[oil pipeline]]></category>
		<category><![CDATA[pollution]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/114692/epa-to-release-final-study-on-keystone-xl</guid>
		<description><![CDATA[<p>The Environmental Protection Agency will soon offer their comments on the final Environmental Impact Statement prepared by the U.S. State Department concerning the Keystone XL pipeline.<span id="more-114692"></span></p>
<p>Reuters <a href="http://www.reuters.com/article/2011/10/27/us-usa-pipeline-epa-idUSTRE79Q60U20111027">reports</a>:</p>
<blockquote><p>The top U.S. environmental regulator on Thursday said her agency would soon comment on the proposed $7 billion Canada-to-Texas Keystone</p></blockquote><p> <a href="http://washingtonindependent.com/114692/epa-to-release-final-study-on-keystone-xl" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>The Environmental Protection Agency will soon offer their comments on the final Environmental Impact Statement prepared by the U.S. State Department concerning the Keystone XL pipeline.<span id="more-114692"></span></p>
<p>Reuters <a href="http://www.reuters.com/article/2011/10/27/us-usa-pipeline-epa-idUSTRE79Q60U20111027">reports</a>:</p>
<blockquote><p>The top U.S. environmental regulator on Thursday said her agency would soon comment on the proposed $7 billion Canada-to-Texas Keystone XL oil sands pipeline, adding she was concerned about emissions and potential leaks that could result from the project.</p>
<p>“We have comments we are just about completing on the current environmental impact statement,” U.S. Environmental Protection Agency Administrator Lisa Jackson said at a Howard University event with youth environment leaders.</p>
<p>Jackson listed concerns about the pipeline including additional greenhouse gas emissions from producing the oil sands; the possibility of leaks on the line; and harmful emissions from refineries in communities along the Gulf Coast that could result from the project.</p>
<p>“This isn’t a little tiny pipeline, this is a pipeline that cuts our country literally in half,” she added. The $7 billion project would take 700,000 barrels per day or more from Canada through six states to refineries in Texas.</p></blockquote>
<p>The EPA was highly critical of the first two drafts of the EIS that the State Department released, forcing the agency to go back and revise their analyses. Environmental groups have revealed close ties between TransCanada and officials in the State Department and accuse the agency of acting as a cheerleader for the project rather than an independent and objective decision maker.</p>
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		<title>European Rejection of Obama&#8217;s Call for Stimulus Threatens U.S. Economy</title>
		<link>http://washingtonindependent.com/90909/european-rejection-of-obamas-call-for-stimulus-threatens-u-s-economy</link>
		<comments>http://washingtonindependent.com/90909/european-rejection-of-obamas-call-for-stimulus-threatens-u-s-economy#comments</comments>
		<pubDate>Tue, 06 Jul 2010 10:00:47 +0000</pubDate>
		<dc:creator>David Dagan</dc:creator>
				<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Slot 1/Top Stories]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[Angela Merkel]]></category>
		<category><![CDATA[austerity]]></category>
		<category><![CDATA[budget deficits]]></category>
		<category><![CDATA[deficit spending]]></category>
		<category><![CDATA[double-dip recession]]></category>
		<category><![CDATA[economic stimulus]]></category>
		<category><![CDATA[europe]]></category>
		<category><![CDATA[France]]></category>
		<category><![CDATA[G-20]]></category>
		<category><![CDATA[g20]]></category>
		<category><![CDATA[germany]]></category>
		<category><![CDATA[greece]]></category>
		<category><![CDATA[italy]]></category>
		<category><![CDATA[President Obama]]></category>
		<category><![CDATA[toronto]]></category>
		<category><![CDATA[u.k.]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=90909</guid>
		<description><![CDATA[<p>BERLIN &#8212; President Obama’s push for additional economic stimulus is not  just hitting a wall in Congress. The president has also been rebuffed by  the largest European countries &#8212; with potentially profound  consequences for the U.S. economy and Obama&#8217;s national agenda.</p>
<p>[Economy1] In the run-up to the G-20 summit in <a href="http://washingtonindependent.com/90909/european-rejection-of-obamas-call-for-stimulus-threatens-u-s-economy" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<div id="attachment_90911" class="wp-caption alignnone" style="width: 490px"><a href="http://washingtonindependent.com/wp-content/uploads/2010/07/g201.jpg"><img class="size-large wp-image-90911" title="Obama G-20" src="http://washingtonindependent.com/wp-content/uploads/2010/07/g201-480x324.jpg" alt="" width="480" height="324" /></a><p class="wp-caption-text">President Obama at the G-20 Summit in Toronto on June 27 (Xinhua/ZUMApress.com)</p></div>
<p>BERLIN &#8212; President Obama’s push for additional economic stimulus is not  just hitting a wall in Congress. The president has also been rebuffed by  the largest European countries &#8212; with potentially profound  consequences for the U.S. economy and Obama&#8217;s national agenda.</p>
<p>[Economy1] In the run-up to the G-20 summit in late June, the Obama  administration went on a PR offensive, urging other wealthy nations to  keep pumping stimulus into their economies. But with the Greek budget  crisis heightening anxieties over public debt, conservative governments  in <a href="http://www.bild.de/BILD/news/bild-english/world-news/2010/06/07/germany-budget-cuts/austerity-deal-calls-for-80bn-saving-by-2014.html">Berlin</a>,  <a href="http://www.time.com/time/world/article/0,8599,1996933,00.html?xid=rss-topstories">Paris</a>,  <a href="http://news.yahoo.com/s/afp/20100623/bs_afp/britaineconomyfinancebudget_20100623052137">London</a> and <a href="http://articles.latimes.com/2010/jun/26/world/la-fg-italy-strikes-20100626">Rome</a> are all on an austerity track. Instead of a pledge to inject more  capital into their economies, all Obama got at the Toronto conference  was a <a href="http://www.g20.org/Documents/g20_declaration_en.pdf">communique</a> that emphasizes savings over stimulus.</p>
<p>Some economists fret that Europe’s fiscal retreat threatens to  tip the U.S. deeper into recession. Meanwhile, leading analysts in  Germany, the continent’s largest economy, say the trans-Atlantic  spending spat underscores Obama&#8217;s limited maneuvering room in his effort  to steer the fragile recovery back home.</p>
<p>“America is  having enormous difficulties,” said economist Gustav Horn of the  Macroeconomic Policy Institute, part of a labor-affiliated foundation in  Düsseldorf, Germany. “At the moment, [the U.S.] is dependent on the  rest of the world offering it a friendly economic environment.”</p>
<p>For Obama, the environment is less friendly than he would like.  In an <a href="http://www.whitehouse.gov/the-press-office/letter-president-g-20-leaders">open  letter</a> to other G-20 heads of state before the summit, the president  wrote that leaders should “learn from the consequential mistakes of the  past when stimulus was too quickly withdrawn.”  Treasury Secretary Tim Geithner, meanwhile, <a href="http://news.bbc.co.uk/2/hi/business/10411167.stm">told the BBC</a>,  “Growth in the future around the world can’t depend on the United  States as much as it did in the past.”</p>
<p>Some economists warn that austerity in the largest European  economies, combined with severe budget cuts in countries such as Greece  and Spain, could push the continent into a double-dip recession. If so,  the consequences for the U.S. could be severe. A European downturn, Horn  said, would hurt American exports, both by lowering demand and by  strengthening the dollar. Perhaps more importantly, he added, a  stumbling Europe could weaken crucial U.S. trading partners in Asia.  Likewise, Nobel Prize-winning economist Paul Krugman recently <a href="http://www.nytimes.com/2010/06/28/opinion/28krugman.html">warned</a> that the resistance to more stimulus in Europe and the U.S. raises the  specter of a depression.</p>
<p>But  the dominant view in Germany is that such fears are misguided.  Supporters of budget consolidation note the country is on an upswing,  with GDP growth expected to reach as high as 2 percent this year as  exports accelerate. Moreover, they argue that fiscal retrenchment will  spur private-sector spending. A recent <a href="http://www.cesifo-group.de/portal/page/portal/ifoHome/f-about/f3aboutifo">report</a> by the Ifo Institute for Economic Research, a Munich-based think tank  with government funding, says cuts would lead to an “expansive  confidence effect on German consumers and investors.”</p>
<p>The fear that a European slowdown could hurt American trade  underscores a more fundamental challenge that German economists say the  U.S. must tackle: expanding exports as a source of economic growth.</p>
<p>“Before the crisis, we had a consumption boom in the U.S. that  was not sustainable,” said Ifo economist Klaus Abberger. “And so we  think there is a need for some redirection.”</p>
<p>That redirection, economists say, will be outward.</p>
<p>“The  growth driver you’ve got left is ultimately net exports,” said  economist Christian Dreger  of the Berlin-based German Institute for Economic Research, another  government-funded think tank.</p>
<p>The Obama administration has come to a similar conclusion. In  his State of the Union speech in January, the president announced a new  initiative to double American exports within five years, though many <a href="http://www.csmonitor.com/USA/Politics/2010/0128/Can-Obama-generate-2-million-jobs-from-exports-It-won-t-be-easy">analysts</a> called the goal unrealistic.</p>
<p>“For too long, America served as the consumer engine for the  entire world,” the president said in <a href="http://www.whitehouse.gov/the-press-office/remarks-president-export-import-banks-annual-conference">follow-up  remarks</a> in March.  “But we’re rebalancing. &#8230; Countries with external deficits need to  save and export more.”</p>
<p>But the future of U.S. exports is  not entirely under American control. The country can only reduce its  trade deficit if the rest of the world has sufficient buying power, Horn  said. The G-20 has been touting a <a href="http://online.wsj.com/article/SB125390613654041791.html">new  initiative</a> to ease trade imbalances, which would require net  exporters like Germany to buy more from net importers like the U.S. But  it remains to be seen whether there will be any action to follow the  talk.</p>
<p>Obama&#8217;s inability to induce Europe to boost its stimulus  spending is rendered even more discouraging by the limited traction his  spending proposals are getting in Congress. And it does not help that  Obama is looking increasingly isolated among world leaders in pushing a  more expansive fiscal policy.</p>
<p>“You don’t win something  in Congress by saying, oh, Europe’s doing this,” said economist Dean  Baker, co-director of the left-leaning Center for Economic and Policy  Research in Washington. “[But] you don’t want the U.S. to look like an  outlier.”</p>
<p>The president should not get his hopes up for a hand from  Berlin, though. As the <a href="http://www.berlinonline.de/berliner-zeitung/politik/300154/300155.php">Berliner  Zeitung</a> newspaper declared of Germany’s chancellor in a recent  headline: “Merkel won’t listen to Obama.”  The country has a <a href="http://www.newyorker.com/talk/financial/2009/03/30/090330ta_talk_surowiecki">culture  of thriftiness</a> to rival even the fiscal-conservative wing of the  Republican Party.  The traumatic hyperinflation that racked the Weimar Republic during the  1920s has made Germany hyper-sensitive to price stability. The country  last year amended its constitution to include limits on government debt.  Deep concern that the aging of the population will soon make Germany’s  welfare state unaffordable have made people here anxious to get back to  budget cutting. Meanwhile, unemployment is <a href="http://www.bls.gov/fls/intl_unemployment_rates_monthly.htm#Rchart1">lower</a> than in the U.S., so the economic pain is less acute.</p>
<p>Deficit hawks here also argue the turmoil in Greece is a  warning to profligate governments across the continent.</p>
<p>“We  saw with the Greek crisis how vulnerable highly indebted countries are  to [speculative] attack,” said Norbert Barthle, a member of the German  parliament from the ruling center-right Christian Democratic Union party  (CDU) who specializes in budgeting.</p>
<p>The American economy has managed impressive growth so far this  year, but it has largely been driven by the effects of government  stimulus, Horn said. And the looming dry-up of stimulus funds around the  world amounts to a serious problem for the American president.</p>
<p>“He  has to do more if other countries do less,” Horn said. “And in that  sense, his worries are absolutely understandable.”</p>
<p><em>David Dagan is a freelance journalist living in Berlin.</em></p>
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		<title>House Dems Tearing at Obama Over Unemployment</title>
		<link>http://washingtonindependent.com/84381/house-dems-tearing-at-obama-over-unemployment</link>
		<comments>http://washingtonindependent.com/84381/house-dems-tearing-at-obama-over-unemployment#comments</comments>
		<pubDate>Mon, 10 May 2010 18:02:29 +0000</pubDate>
		<dc:creator>Mike Lillis</dc:creator>
				<category><![CDATA[Blog (deprecated)]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[9.9% unemployment]]></category>
		<category><![CDATA[economic stimulus]]></category>
		<category><![CDATA[florida]]></category>
		<category><![CDATA[florida delegation]]></category>
		<category><![CDATA[job creation]]></category>
		<category><![CDATA[jobs crisis]]></category>
		<category><![CDATA[lagging indicator]]></category>
		<category><![CDATA[long term unemployment]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[stimulus]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[unemployment benefits]]></category>
		<category><![CDATA[unemployment extension]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=84381</guid>
		<description><![CDATA[<p>The nation&#8217;s unemployment picture <a href="http://washingtonindependent.com/84220/unemployment-rate-edges-up-to-9-9-percent-on-labor-force-growth" target="_blank">might be improving</a>, but the country remains in <a href="http://www.epi.org/index.php/american_jobs/understanding_the_jobs_crisis" target="_blank">an enormous jobs hole</a> that will take years to scratch out of. And some House Democrats are wondering why the White House isn&#8217;t making the issue its top priority. Roll Call <a href="http://www.rollcall.com/issues/55_129/news/46007-1.html?mostread=1" target="_blank">reports</a>:</p>
<blockquote><p>Congressional</p></blockquote><p> <a href="http://washingtonindependent.com/84381/house-dems-tearing-at-obama-over-unemployment" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>The nation&#8217;s unemployment picture <a href="http://washingtonindependent.com/84220/unemployment-rate-edges-up-to-9-9-percent-on-labor-force-growth" target="_blank">might be improving</a>, but the country remains in <a href="http://www.epi.org/index.php/american_jobs/understanding_the_jobs_crisis" target="_blank">an enormous jobs hole</a> that will take years to scratch out of. And some House Democrats are wondering why the White House isn&#8217;t making the issue its top priority. Roll Call <a href="http://www.rollcall.com/issues/55_129/news/46007-1.html?mostread=1" target="_blank">reports</a>:</p>
<blockquote><p>Congressional Democrats started the year believing that once health care reform passed, they would quickly pivot to an agenda flush with job creation bills they could tout back home in the lead-up to the midterm elections. But action on that front is being drowned out by other issues — the Gulf of Mexico oil spill, the botched terrorist attack in New York City, financial reform, climate change, immigration reform — and House Democrats are accusing Obama of failing to throw his muscle behind efforts to spur significant job growth.<span id="more-84381"></span></p>
<p>“We were told we would focus like a laser after December. Well, we haven’t exactly been focused like a laser on jobs and I have seen no movement, particularly on the part of the Obama administration, on the transportation bill,” Rep. Peter DeFazio (D-Ore.) said.</p></blockquote>
<p>Other Democrats are criticizing the speed with which the administration is spending the money allocated in last year&#8217;s $787 billion bill, Roll Call notes.</p>
<blockquote><p>Others wondered if Obama is letting his own re-election hopes get in the way of investing stimulus dollars sooner. Rep. Alcee Hastings (D-Fla.) accused the president of slow-walking stimulus investments until 2011, the year before he runs for re-election, in an effort to look effective during his campaign.</p>
<p>“They want to spend it in 2011, because 2012 is there. Well hell, we want to spend it right now because we are in the bubble. … We’ve got $400 billion in that stimulus money out there and we could do something,” Hastings said.</p></blockquote>
<p>The comments arrive just a few days after the Labor Department reported that the economy created 290,000 new jobs last month &#8212; a vast majority of them in the private sector. That&#8217;s good news for an economy that <a href="http://washingtonindependent.com/81304/is-this-what-failure-looks-like" target="_blank">had shed</a> about 600,000 a year earlier. But, as the Economic Policy Institute was <a href="http://www.epi.org/publications/entry/jobs_picture_20100507/" target="_blank">quick to note</a>, the country is still 10.7 million jobs behind where it should be. To make up the difference, the economy will have to add 325,000 jobs each month <em>for the next four years</em>. That&#8217;s a long time to wait for folks whose unemployment benefits will expire after two.</p>
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		<title>In Virginia, a GOP Stimulus Critic Calls for Stimulus Funds</title>
		<link>http://washingtonindependent.com/78075/in-virginia-a-gop-stimulus-critic-calls-for-stimulus-funds</link>
		<comments>http://washingtonindependent.com/78075/in-virginia-a-gop-stimulus-critic-calls-for-stimulus-funds#comments</comments>
		<pubDate>Tue, 02 Mar 2010 19:11:40 +0000</pubDate>
		<dc:creator>Mike Lillis</dc:creator>
				<category><![CDATA[Blog (deprecated)]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[$787 billion stimulus]]></category>
		<category><![CDATA[Arnold Schwarzenegger]]></category>
		<category><![CDATA[bob mcdonnell]]></category>
		<category><![CDATA[Charlie Crist]]></category>
		<category><![CDATA[deficit spending]]></category>
		<category><![CDATA[economic stimulus]]></category>
		<category><![CDATA[fiscal rectitude]]></category>
		<category><![CDATA[Jim Bunning]]></category>
		<category><![CDATA[national debt]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[robert mcdonnell]]></category>
		<category><![CDATA[state budget crises]]></category>
		<category><![CDATA[stimulus spending]]></category>
		<category><![CDATA[ui benefits]]></category>
		<category><![CDATA[ui extension]]></category>
		<category><![CDATA[unemployment benefits]]></category>
		<category><![CDATA[unemployment extension]]></category>
		<category><![CDATA[unemployment insurance]]></category>
		<category><![CDATA[virginia]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=78075</guid>
		<description><![CDATA[<p>Add Virginia Gov. Bob McDonnell (R) to the <a href="http://washingtonindependent.com/77385/in-spending-debate-local-officials-split-with-washington-gop" target="_blank">growing list</a> of conservative state officials who are preaching fiscal restraint while also vying for federal stimulus dollars to address state budget problems. The Washington Post <a href="http://www.washingtonpost.com/wp-dyn/content/article/2010/03/01/AR2010030101642.html" target="_blank">reports</a> that McDonnell &#8212; who just last week <a href="http://washingtonindependent.com/77457/on-solution-to-jobs-crisis-left-and-right-agree-to-disagree" target="_blank">told</a> the <a href="http://washingtonindependent.com/78075/in-virginia-a-gop-stimulus-critic-calls-for-stimulus-funds" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>Add Virginia Gov. Bob McDonnell (R) to the <a href="http://washingtonindependent.com/77385/in-spending-debate-local-officials-split-with-washington-gop" target="_blank">growing list</a> of conservative state officials who are preaching fiscal restraint while also vying for federal stimulus dollars to address state budget problems. The Washington Post <a href="http://www.washingtonpost.com/wp-dyn/content/article/2010/03/01/AR2010030101642.html" target="_blank">reports</a> that McDonnell &#8212; who just last week <a href="http://washingtonindependent.com/77457/on-solution-to-jobs-crisis-left-and-right-agree-to-disagree" target="_blank">told</a> the American Action Forum that the economic downturn presents government leaders with the opportunity to scale back bloated bureaucracies &#8212; is also applying for $350 million in stimulus grants.</p>
<blockquote><p>&#8220;I thought the stimulus package ought to have been done differently but, as long as it was there, that Virginia ought to have its share,&#8221; he said.</p></blockquote>
<p><span id="more-78075"></span>That&#8217;s not all. McDonnell was also among the 43 state governors advocating last month for additional federal funds for state Medicaid programs.</p>
<p>Rep. Debbie Wasserman Schultz (D-Fla.), vice chairman of the Democratic National Committee, had a few choice words for lawmakers who would blast the stimulus bill as irresponsible, then turn around and lobby for its fruits.</p>
<p>&#8220;It&#8217;s hypocrisy. There&#8217;s nothing else to call it,&#8221; she told the Post. &#8220;You can&#8217;t have it both ways. If you are against something, be against it.&#8221;</p>
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		<title>Economists: Stimulus Has Saved/Created 1.2 Million Jobs</title>
		<link>http://washingtonindependent.com/74679/economists-stimulus-has-savedcreated-1-2-million-jobs</link>
		<comments>http://washingtonindependent.com/74679/economists-stimulus-has-savedcreated-1-2-million-jobs#comments</comments>
		<pubDate>Mon, 25 Jan 2010 18:35:26 +0000</pubDate>
		<dc:creator>Mike Lillis</dc:creator>
				<category><![CDATA[Blog (deprecated)]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[economic stimulus]]></category>
		<category><![CDATA[great recession]]></category>
		<category><![CDATA[joblessness]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[stimulus]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[unemployment crisis]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=74679</guid>
		<description><![CDATA[<p>Here are two coinciding stories that indicate just how far removed public opinion is from economic reality. (1) The Democrats&#8217; $787 billion economic stimulus bill has saved or created 1.2 million jobs, USA Today <a href="http://www.usatoday.com/money/economy/2010-01-25-usa-today-economic-survey-obama-stimulus_N.htm?loc=interstitialskip" target="_blank">reported</a> today, a median figure based on a survey of 50 leading economists. And <a href="http://washingtonindependent.com/74679/economists-stimulus-has-savedcreated-1-2-million-jobs" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>Here are two coinciding stories that indicate just how far removed public opinion is from economic reality. (1) The Democrats&#8217; $787 billion economic stimulus bill has saved or created 1.2 million jobs, USA Today <a href="http://www.usatoday.com/money/economy/2010-01-25-usa-today-economic-survey-obama-stimulus_N.htm?loc=interstitialskip" target="_blank">reported</a> today, a median figure based on a survey of 50 leading economists. And (2) 74 percent of Americans think that at least half of the stimulus money has been wasted, according to a <a href="http://politicalticker.blogs.cnn.com/2010/01/25/cnn-poll-majority-of-americans-say-much-of-stimulus-wasted/" target="_blank">new CNN poll</a>.</p>
<p>To some degree the divide makes sense.<span id="more-74679"></span> While the stimulus has prevented unemployment rates from hitting 10.8 percent, the economists estimate, that means little to the 10 percent who are still without a job. And while economists agree that the stimulus prevented things from getting worse, even fans concede that the Democrats frittered some of the spending on provisions with no stimulative effects at all.</p>
<p>Still, 1.2 million jobs isn&#8217;t a trivial number, and Republicans &#8212; hoping to campaign this year on the bill&#8217;s allegedly failure &#8212; might want to keep that in mind.</p>
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		<title>Hoyer Gives Few Details of Looming Jobs Bill</title>
		<link>http://washingtonindependent.com/68260/hoyer-gives-few-details-of-looming-jobs-bill</link>
		<comments>http://washingtonindependent.com/68260/hoyer-gives-few-details-of-looming-jobs-bill#comments</comments>
		<pubDate>Wed, 18 Nov 2009 17:43:08 +0000</pubDate>
		<dc:creator>Mike Lillis</dc:creator>
				<category><![CDATA[Blog (deprecated)]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[economic stimulus]]></category>
		<category><![CDATA[house majority leader]]></category>
		<category><![CDATA[house of reps]]></category>
		<category><![CDATA[jobless benefits]]></category>
		<category><![CDATA[joblessness]]></category>
		<category><![CDATA[jobs bill]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[steny hoyer]]></category>
		<category><![CDATA[ui benefits]]></category>
		<category><![CDATA[ui extension]]></category>
		<category><![CDATA[unemployment benefits]]></category>
		<category><![CDATA[unemployment extension]]></category>
		<category><![CDATA[unemployment insurance]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=68260</guid>
		<description><![CDATA[<p>Yesterday, House Majority Leader Steny Hoyer (D-Md.) told reporters that Congress will likely stick around Washington well into December in order to wrap up legislation reforming health care and tackling unemployment. But he didn&#8217;t go out on any limbs to say what the latter bill will contain or how much <a href="http://washingtonindependent.com/68260/hoyer-gives-few-details-of-looming-jobs-bill" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>Yesterday, House Majority Leader Steny Hoyer (D-Md.) told reporters that Congress will likely stick around Washington well into December in order to wrap up legislation reforming health care and tackling unemployment. But he didn&#8217;t go out on any limbs to say what the latter bill will contain or how much help might be forthcoming. Instead, he offered vague references to “a whole list of options that are available.&#8221;</p>
<blockquote><p>I think clearly we need to move on unemployment insurance and COBRA. Beyond that, you mentioned a couple: public jobs, job tax credits, infrastructure. There are a lot of options available; we are discussing those. We are discussing with economic advisors as to what is the most effective. And, frankly, there are differences of opinion on that.</p></blockquote>
<p>Asked about the size of the jobs package, Hoyer offered no hints. &#8220;I don’t have a figure,&#8221; he said tersely.<span id="more-68260"></span></p>
<blockquote><p>Obviously, there may be different figures for different things that you do. But it is clear that we need to act in a way that does get to the creation of job opportunities for people in the short term. That is what we are trying for.</p></blockquote>
<p>Of course, that&#8217;s also what Democrats were trying for when they passed their $787 billion stimulus bill in February, when unemployment was <a href="http://www.cbsnews.com/stories/2009/03/06/business/main4847557.shtml" target="_blank">8.1 percent</a>. How many more <a href="http://www.journalofaccountancy.com/Web/SmallBusinessTaxBreaksinStimulusBill" target="_blank">business tax breaks</a> does Congress have to pass before recognizing that <a href="http://www.propublica.org/special/stimulus-unemployment-chart-and-map" target="_blank">well-targeted infrastructure spending</a> &#8212; <a href="http://dc.streetsblog.org/2009/10/22/transit-creates-as-many-jobs-as-roads-but-it-could-do-even-better/" target="_blank">including money for public transit </a>&#8211; just might offer <a href="http://www.peri.umass.edu/fileadmin/pdf/other_publication_types/peri_report.pdf" target="_blank">more bang-for-the-buck</a>?</p>
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		<title>A Hidden Stimulus in Health Reform</title>
		<link>http://washingtonindependent.com/67893/a-hidden-stimulus-in-health-reform</link>
		<comments>http://washingtonindependent.com/67893/a-hidden-stimulus-in-health-reform#comments</comments>
		<pubDate>Mon, 16 Nov 2009 15:56:21 +0000</pubDate>
		<dc:creator>Mike Lillis</dc:creator>
				<category><![CDATA[Blog (deprecated)]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Health Care]]></category>
		<category><![CDATA[economic stimulus]]></category>
		<category><![CDATA[fmap]]></category>
		<category><![CDATA[health care reform]]></category>
		<category><![CDATA[house of reps]]></category>
		<category><![CDATA[insurance reform]]></category>
		<category><![CDATA[medicaid]]></category>
		<category><![CDATA[medicaid matching rate]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[stimulus]]></category>
		<category><![CDATA[uninsured]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=67893</guid>
		<description><![CDATA[<p>It&#8217;s a nonsensical element of Medicaid&#8217;s funding formula that during economic downturns, when state budgets are most squeezed, states are also asked to bear much higher health costs as the Medicaid rolls swell. The result, inevitably, is <a href="http://washingtonindependent.com/5499/state-shortfall-met-with-medicaid-cuts" target="_blank">the erosion of health coverage</a> for the country&#8217;s most vulnerable populations. <a href="http://washingtonindependent.com/67893/a-hidden-stimulus-in-health-reform" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s a nonsensical element of Medicaid&#8217;s funding formula that during economic downturns, when state budgets are most squeezed, states are also asked to bear much higher health costs as the Medicaid rolls swell. The result, inevitably, is <a href="http://washingtonindependent.com/5499/state-shortfall-met-with-medicaid-cuts" target="_blank">the erosion of health coverage</a> for the country&#8217;s most vulnerable populations.</p>
<p>The $787 billion economic stimulus bill addressed the issue, <a href="http://hchcw.org/archives/456" target="_blank">providing additional federal funding</a> for the state-federal Medicaid program. But that extra help expires at the end of next year, when unemployment rates are expected to remain near double digits. The looming expiration has left state health officials and children&#8217;s welfare advocates anxious about the effects on kids&#8217; health care.<span id="more-67893"></span></p>
<p>Enter the House health reform bill, which would provide more than $23 billion to continue the additional federal funding for six months. The Washington Post <a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/11/15/AR2009111502618.html" target="_blank">explains</a>:</p>
<blockquote><p>Under the Affordable Health Care for America Act, the federal government would continue to pay a higher share of all Medicaid costs &#8212; 66 percent on average, up from 57 percent before the stimulus &#8212; for an additional six months, and erase in one fell swoop a major chunk of states&#8217; projected shortfalls for the coming year.</p>
<p>&#8220;It would be a huge help &#8212; critical,&#8221; said Cindi Jones, chief deputy director of Virginia&#8217;s Medicaid program, which quickly estimated last week that it would receive an extra $360 million to $380 million next year under the bill. At a meeting last week of the nation&#8217;s Medicaid directors, Jones said the group is unanimously in favor of the provision.</p></blockquote>
<p>That provision isn&#8217;t included in the Senate&#8217;s health reform bill, but states are hoping that it will work its way into the final bill. Of course, the temporary help is no remedy to the flawed Medicaid funding formula. It&#8217;s worth asking when Democratic leaders plan to tackle that larger problem, if not in the context of the most sweeping health reforms since the program was created.</p>
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		<title>Tax Cuts as Stimulus?</title>
		<link>http://washingtonindependent.com/62810/tax-cuts-as-stimulus</link>
		<comments>http://washingtonindependent.com/62810/tax-cuts-as-stimulus#comments</comments>
		<pubDate>Wed, 07 Oct 2009 16:32:53 +0000</pubDate>
		<dc:creator>Mike Lillis</dc:creator>
				<category><![CDATA[Blog (deprecated)]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[economic downturn]]></category>
		<category><![CDATA[economic stimulus]]></category>
		<category><![CDATA[jobless crisis]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[Stimulus package]]></category>
		<category><![CDATA[tax credits]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=62810</guid>
		<description><![CDATA[<p>A chief criticism of the $787 billion economic stimulus bill, <a href="http://www.nytimes.com/2009/02/18/us/politics/18web-stim.html" target="_blank">enacted in February,</a> was that too large a portion went to tax cuts in lieu of spending. Critics, including some conservative economists, argued that people would simply save that money, rather than spending it to stimulate the economy. <a href="http://washingtonindependent.com/62810/tax-cuts-as-stimulus" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>A chief criticism of the $787 billion economic stimulus bill, <a href="http://www.nytimes.com/2009/02/18/us/politics/18web-stim.html" target="_blank">enacted in February,</a> was that too large a portion went to tax cuts in lieu of spending. Critics, including some conservative economists, argued that people would simply save that money, rather than spending it to stimulate the economy.</p>
<p>Showing signs that they can learn from history, lawmakers are now <a href="http://www.nytimes.com/2009/10/07/business/07tax.html?_r=1&amp;hp" target="_blank">eying another tax benefit</a>, but only for businesses that create new jobs. That proposal, still in the nascent stages, is designed to address the <a href="http://www.miamiherald.com/business/nation/story/1263869.html" target="_blank">runaway unemployment numbers</a> that plague many regions, while having the additional advantage of appealing to members of both parties. Indeed, House Minority Whip Eric Cantor (R-Va.) <a href="http://www.nytimes.com/2009/10/07/business/07tax.html?_r=1&amp;hp" target="_blank">told</a> The New York Times that there&#8217;s &#8220;a lot of traction for this kind of idea.&#8221;<span id="more-62810"></span></p>
<blockquote><p>If the White House will take the lead on this, I’m fairly positive it would be welcomed in a bipartisan fashion.</p></blockquote>
<p>There&#8217;s good reason for Congress to do something. On Friday, the Labor Department <a href="http://www.bls.gov/news.release/empsit.nr0.htm" target="_blank">reported</a> that the economy shed an additional 263,000 in September, knocking the unemployment rate up to 9.8 percent &#8212; the highest level since 1983.</p>
<p>The good news here, if  Cantor&#8217;s comments are indication, is that Republicans, while <a href="http://washingtonindependent.com/62773/lagging-economic-indicator-sets-up-2010-gop-rhetoric" target="_blank">poised to exploit</a> the jobless numbers to their advantage in next year&#8217;s elections, also wouldn&#8217;t stand in the way of <em>every</em> proposal addressing the problem.</p>
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		<title>Clunkers for Clunkers?</title>
		<link>http://washingtonindependent.com/54863/clunkers-for-clunkers</link>
		<comments>http://washingtonindependent.com/54863/clunkers-for-clunkers#comments</comments>
		<pubDate>Wed, 12 Aug 2009 18:05:41 +0000</pubDate>
		<dc:creator>Mike Lillis</dc:creator>
				<category><![CDATA[Bailout]]></category>
		<category><![CDATA[Blog (deprecated)]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Environment/Energy]]></category>
		<category><![CDATA[cash for clunkers]]></category>
		<category><![CDATA[climate change]]></category>
		<category><![CDATA[economic stimulus]]></category>
		<category><![CDATA[emission standards]]></category>
		<category><![CDATA[federal agencies]]></category>
		<category><![CDATA[global warming]]></category>
		<category><![CDATA[greenhouse gases]]></category>
		<category><![CDATA[Obama]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=54863</guid>
		<description><![CDATA[<p>When Congress <a href="http://washingtonindependent.com/53487/critics-blast-cash-for-clunkers-2-billion-lifeline" target="_blank">rushed to pass</a> a $2 billion extension of the enormously popular <a href="http://washingtonindependent.com/47381/cash-to-trade-clunkers-for-clunkers" target="_blank">&#8220;Cash for Clunkers&#8221; program</a> earlier this month, there were few cheerleaders more quick than President Obama <a href="http://www.whitehouse.gov/the_press_office/Statement-by-President-Barack-Obama-on-Cash-for-Clunkers/" target="_blank">to extol</a> the environmental virtues of the program.</p>
<p>&#8220;This gives consumers a break, reduces dangerous <a href="http://washingtonindependent.com/54863/clunkers-for-clunkers" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>When Congress <a href="http://washingtonindependent.com/53487/critics-blast-cash-for-clunkers-2-billion-lifeline" target="_blank">rushed to pass</a> a $2 billion extension of the enormously popular <a href="http://washingtonindependent.com/47381/cash-to-trade-clunkers-for-clunkers" target="_blank">&#8220;Cash for Clunkers&#8221; program</a> earlier this month, there were few cheerleaders more quick than President Obama <a href="http://www.whitehouse.gov/the_press_office/Statement-by-President-Barack-Obama-on-Cash-for-Clunkers/" target="_blank">to extol</a> the environmental virtues of the program.</p>
<p>&#8220;This gives consumers a break, reduces dangerous carbon pollution and our dependence on foreign oil, and strengthens the American auto industry,&#8221; he said last month, urging Congress to approve the additional funds.</p>
<p>Yet The New York Times <a href="http://www.nytimes.com/2009/08/12/us/politics/12sanger.html?hp" target="_blank">captured</a> a wholly different sentiment coming out of the White House yesterday, quoting an anonymous senior aide doubting that the environmental benefits are worth mentioning at all.</p>
<blockquote><p>“What we ended up with,” said one senior Obama administration official, who would not speak on the record because he was being critical of his own administration’s environmental bona fides, “is a program in which you trade in old clunkers for new clunkers.”</p></blockquote>
<p>It wasn&#8217;t supposed to be that way.<span id="more-54863"></span> Indeed, the numbers pouring out of the Department of Transportation last week <a href="http://washingtonindependent.com/53978/toyota-takes-over-top-spot-under-cash-for-clunkers" target="_blank">seemed to indicate</a> that drivers were turning in their gas guzzlers for vehicles with much better fuel efficiencies. The department&#8217;s official top-10 list of newly purchased vehicles included only small cars.</p>
<p>Yet, a reworking of that list by Edmunds.com, the auto-sales analysis group, found that the administration was playing the numbers to their advantage, <a href="http://money.cnn.com/2009/08/07/autos/cash_for_clunkers_sales/index.htm?cnn=yes" target="_blank">CNN reported</a>. Indeed, when Edmunds crunched the new sales by make and model, and didn&#8217;t break its analysis down further than that, both the Ford F-150 and the Chevrolet Silverado pickup trucks worked their way into the top 10. (By contrast, the Transportation Department considered each of the five versions of those trucks to be different vehicles for tallying purposes.)</p>
<p>None of this matters in the near term, because the additional $2 billion is already law. But no one&#8217;s quite sure how long that funding will last, and you can bet that, if the coffers are dry when Congress returns from recess next month, there will be plenty of pressure on lawmakers to provide yet another expensive lifeline for the program. The question that remains is whether some will fight to alter the guidelines in favor of reduced emissions.</p>
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