One of the greatest obstacles to overarching energy policy reform is likely to come in the form of a group of moderate Democratic senators from states that rely heavily on manufacturing. Among this so-called Gang of 16 is Sen. Sherrod Brown (D-Ohio), who is also a member of the Senate More…
It’s no news that many liberal critics of the Democrats’ stimulus plan are wondering why so much would go toward tax rebates and so little, relatively speaking, would target infrastructure projects. And those voices found new reason to be critical today.
A report released by the American Society of More…
Various interest groups are touting infrastructure investment as a particularly effective economic stimulus strategy because, they claim, such projects can devour money and create jobs quickly, delivering a quick jolt to the economy. But it’s doubtful that the billions of dollars allocated for infrastructure in the economic stimulus package will More…
When House Democratic leaders unveiled their $825 billion stimulus wish-list last week, it marked only the beginning of a much longer process to forge the proposal upon which many argue the economy depends.
Indeed, the House Appropriations Committee yesterday tweaked the bill a bit, adding amendments requiring that projects More…
In his first policy speech since the election, President-elect Barack Obama laid out his “American Recovery and Reinvestment Plan” to stimulate the economy by pumping money into infrastructure, alternative energy, technology and aid to states.
Speaking at George Mason University in Fairfax, Va., he warned of the hard times to More…
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 More…
Following up on Matt’s nice post about the states tapping Obama for help with enormous budget shortfalls…
Few are saying it out loud, but the issue has a ring of class distinction surrounding it. That is, the White House has been quick to secure hundreds of billions of dollars More…
President-elect Barack Obama is often cautious to remind reporters that there is only one president at a time — and for the record, it’s still, sigh, President George W. Bush — but as far as the nation’s governors are concerned, Obama is the guy to talk to.
Obama is scheduled More…
This is the second part in a three-part series on a new economic stimulus package. For the first part, see “Can Green Industry Save the Economy?”
The nation’s infrastructure is crumbling; its economy is sputtering, and deficits, for the moment, appear no barrier to government spending.
That trifecta, in More…
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