FOXNews.com
Wednesday, February 18, 2009
After passing President Obama’s $787 billion stimulus bill in record time, Congress barely gets time to catch its breath before debating another massive spending bill.
When lawmakers return Monday from a weeklong Presidents Day recess, they will have only two weeks to pass a $410 billion spending bill designed to keep [...]
From CNN Associate Producer Martina Stewart
CNN) – Arizona Sen. John McCain did not pull any punches in assessing a major milestone in his former rival’s nascent presidency.
Watch: McCain on State of the Union
“It was a bad beginning,” McCain said Sunday of the legislative process that resulted in the $787 billion stimulus bill recently passed by [...]
By Michael A. Fletcher and William Branigin
Washington Post Staff Writers
Tuesday, February 17, 2009; 5:08 PM
DENVER, Feb. 17 — President Obama ventured 1,700 miles from Washington Tuesday to sign into law a $787 billion stimulus package aimed at reviving the nation’s moribund economy and “keeping the American dream alive in our time.”
Obama signed the massive, [...]
WASHINGTON, Feb. 17 (Xinhua) — U.S. President Barack Obama on Tuesday signed a 787-billion-dollar economic stimulus bill into law in Denver, Colorado, calling it the first step to pave the way to long-term growth.
The sweeping economic rescue package, the American Recovery and Reinvestment Act, is designed to jolt the ailing U.S. [...]
Barack Obama breaks his campaign promise to cut capital-gains taxes for small business. Senior economics writer Stephen Moore explains. (Feb. 10) from Wall Street Journal
Peter Schiff predicting doom and gloom in 2006 and 2007
by Edward Harrison from CreditWritedowns.com:
Peter Schiff is that market wizard people were laughing at just a year ago because of his extreme views. Well, things have turned out much as he has indicated they would. So, now he has a captive audience. And what is he saying? Government is a burden that we need less of. [...]
By The Editors from The New York Times:
“Buy American” is a familiar cry in Washington, even though the vast majority of American economists and policy makers oppose anything that hints at protectionism. President Obama has said that “we can’t send a protectionist message,” and the Senate softened a buy-American provision in the stimulus bill it [...]
First-time home buyer tax credit details reported today in a Wall St. Journal article:
Home buyers who hoped for a $15,000 tax credit to buy a new home, as promised by the Senate, will be disappointed. A proposed $35 billion credit to support home sales was jettisoned in favor of a more modest $2 billion to [...]
Kevin L. Kearns and Alan Tonelson
Sunday, February 15, 2009
DOMESTIC MANUFACTURERS HAIL BUY-AMERICAN STIMULUS PROVISION AS POTENTIAL RECOVERY MULTIPLIER AND SIGNIFICANT POLICY PRECEDENT;
CALL PRESIDENTIAL ENFORCEMENT KEY TO MAXIMIZING BENEFITS
USBIC’s Kearns: “If President Obama wants the biggest growth bang per stimulus buck, he’ll work much harder than his predecessors to ensure that federal agencies Buy American [...]
