The Washington Independent

Posts Tagged financial chaos

A $1.3 Trillion Stimulus?

By | 01.08.09 | 3:43 pm

It’s not impossible. In an interview with CNBC yesterday, President-elect Barack Obama threw out the $1.3 trillion figure as the upper-end of the suggestions his economic team is hearing from experts.

[I]t’s important to note that every economist, conservative or liberal, at this point agrees that we have to

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McConnell Calls for State Loans as Part of Stimulus Plan

By | 01.06.09 | 3:59 pm

Not sure how this is going to fly with Democrats (read: it’s not), but Senate Minority Leader Mitch McConnell (R-Ky.) took to the chamber floor today and, in the middle of a long speech about the importance of bipartisan cooperation in confronting the sunken economy, suggested that the hundreds of More…