For almost three years, going back to mid-2009, a top talking point for Republicans has been that President Obama "promised" that the stimulus bill -- the two-year spending package he championed to revive the economy -- would keep unemployment below 8 ... Thu, 17 May 2012 14:35:55 GMT
The United States confronted its own crisis with an $862 billion stimulus package in 2009, which brought debt levels to heights not seen since shortly after World War II but may have dulled the worst blow of its downturn. Chancellor Angela Merkel ... Thu, 17 May 2012 18:04:58 GMT
The communique, which had the growth promise at the top, represents a victory for Obama and the new French president, François Hollande, over German chancellor, Angela Merkel, who has resisted calls for a stimulus package. But it may be shortlived.
Sat, 19 May 2012 21:39:21 GMT
Republican presidential hopeful Mitt Romney derided President Obama's economic stimulus package to a Des Moines, Iowa, audience as a "waste" of borrowed money. May 1 file photo. UPI/John Angelillo DES MOINES, Iowa, May 15 (UPI) -- Republican ... Tue, 15 May 2012 22:06:14 GMT
Obama also supports spending on government stimulus programs to keep Europe's economy afloat, with the administration arguing that its 2009 stimulus spending package prevented the US from diving into a deeper recession. But Hollande said in his remarks ... Sat, 19 May 2012 13:10:55 GMT
“US Vice President Joe Biden acknowledged on Tuesday that some waste is inevitable in the spending of a $787 billion economic stimulus package, in a characteristically blunt assessment. 'We know some of this money is going to be wasted,' Biden said ... Sat, 19 May 2012 01:53:52 GMT
Yet, then he blamed Obama for all our debt, specifically citing Obama's stimulus: “President Obama started out with a near trillion-dollar stimulus package — it was the biggest, most careless one-time expenditure by the federal government in history.
Sun, 20 May 2012 05:46:27 GMT
The bulk of the agenda Saturday is being given over the euro crisis, with the new French president François Hollande lined up with Obama in favour of a stimulus package and Merkel holding out. Also attending are Canada's prime minister, Stephen Harper, ... Sat, 19 May 2012 15:09:58 GMT
"If you want to talk about an economic-stimulus package, this is an economic-stimulus package," he said. "This is how we build the future." He said the company has worked hard to reach this point of expansion. "You think this happens easily," he said.
Sun, 20 May 2012 00:23:59 GMT
By Dave Boyer Putting pressure on Congress to approve parts of his latest economic stimulus plan, President Obama urged Americans Saturday to push lawmakers to approve his multibillion-dollar “to-do list” for creating jobs. “Each of the ideas on this ... Sat, 12 May 2012 11:21:13 GMT
