The statements are dribbling in slowly, but the common verdict from members of Congress surrounding the economic team put together by President-elect Barack Obama seems to be one of undying love — from both sides of the aisle.
Sen. Max Baucus (D-Mont.), chairman of the Senate Finance Committee, said the More…
Even as the nation’s economic news seems to darken each day, the White House and congressional Democrats remain at odds over proposals designed to reverse the trend.
This is the third part in a three-part series on a new economic stimulus package. For the first part, see “Can Green Industry Save the Economy?”; for the second, see “Building Out of Economic Chaos.”
As Washington policymakers joust over the need for more federal spending to More…
As the economy continues to flop, congressional Democrats are pushing harder to move a second economic stimulus bill before the end of the year.
Taxpayers will remember that the first round of stimulus efforts came in the form of direct-to-the-door rebate checks — $600 for individuals and $1,200 for married More…
It’s tough to keep track of the numerous stimuli floating through Washington these days.
First, at the start of the year, we had the $168 billion package that delivered cash money to you and me.
Then Congress passed the $700 billion financial bailout — a jolt for Wall More…
Late last month, as Congress was on its way to passing the $700-billion Wall Street bailout plan, another economic stimulus measure died a quiet death in the Senate.
That $58-billion proposal would have extended unemployment benefits, pumped billions of dollars into local infrastructure projects and increased funding for low-income nutrition More…
For weeks, Republican lawmakers have been pushing for an increase in offshore oil drilling, hoping to use towering fuel costs and Democrats’ historic opposition to the drilling expansion to make the energy debate the defining issue of the congressional campaign season.
Then Lehman Bros. crumpled into bankruptcy, Merrill Lynch More…
For months, congressional leaders and the White House have skirted the possibility of a second economic stimulus package, saying they wanted to allow time for their first effort — those billions in $600 rebate checks — to trickle through the economy.
But on Tuesday, House Majority Leader Steny Hoyer (D-Md.) More…
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