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Economic stimulus package News

Bob Latta says Obama promised the stimulus plan would have unemployment at 6 ...

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 10:04:47 GMT

New French president wins Obama's backing for EU economic growth

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
Image: Romney: Stimulus was wasted

Romney: Stimulus was wasted

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
Image: Case Closed: “Sheriff” Joe Biden Failed To Stop Wasteful Spending

Case Closed: “Sheriff” Joe Biden Failed To Stop Wasteful Spending

“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
Image: Germany, US head to G-8 summit with starkly different economic policies

Germany, US head to G-8 summit with starkly different economic policies

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
Image: Obama pushes billion-dollar stimulus plan

Obama pushes billion-dollar stimulus plan

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
Image: G-8 leaders hope Greece can stay in eurozone, say global economy faces ...

G-8 leaders hope Greece can stay in eurozone, say global economy faces ...

Leaders of the world's economic powers say Germany should balance its push for European fiscal austerity with doses of stimulus spending to avoid a financial calamity with global repercussions. In talks Saturday, the leaders were looking to build ...
Sat, 19 May 2012 16:49:10 GMT
Image: Japan GDP Is Best of a Bad Bunch

Japan GDP Is Best of a Bad Bunch

That has acted like a stimulus package for Japan's economy. But Tokyo's weak fiscal situation—the worst among industrial economies—precludes more such largesse once the major costs of reconstruction tapers off later this year.
Thu, 17 May 2012 08:09:23 GMT
Image: French president wins Obama's backing for European Union economic growth

French president wins Obama's backing for European Union economic growth

Mr. Obama also supports European spending on government stimulus programs to keep the continent's economy afloat, with the administration arguing that its 2009 stimulus spending package prevented the United States from diving into a deeper recession.
Sat, 19 May 2012 04:09:20 GMT
Image: On Greek economy, who will blink first?

On Greek economy, who will blink first?

Heather A. Conley says the EU is on the brink over Greece's economic crisis Editor's note: Heather A. Conley is director and senior fellow, Europe Program, at the Center for Strategic and International Studies. (CNN) -- Until the rerun of the Greek ...
Fri, 18 May 2012 20:10:22 GMT
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