StimulusBill.org

News and Discussions of Stimulus Bill and Package

Author Archives

If stimulus bill is working, where have the jobs gone?(0)

by U.S. REP. KEVIN BRADY
Aug. 19, 2009, 8:34PM
At the six month anniversary of President Barack Obama’s signature “achievement” — the $787 billion stimulus measure — it’s important to separate economic fact from fiction.
While persuading Democratic lawmakers to pass the massive spending bill without reading it, the White House promised the stimulus would provide “an [...]

Six months after stimulus bill, Mack blasts plan as ‘absolute failure’(0)

WASHINGTON — U.S. Rep. Connie Mack, R-Fort Myers, issued the following statement today on the six-month anniversary of the $787 billion economic stimulus bill being signed into law.
Mack said:
“The vast majority of Americans agree: the Democrats’ stimulus plan has been an absolute failure.
“Since the stimulus was signed into law, over two million Americans have lost [...]

Obama Advisor Urges Another Economic Stimulus Plan(0)

By Michael Bowman
Washington
07 July 2009
The Obama administration appears to be sending mixed signals on whether a second stimulus package will be needed to pull the U.S. economy out of a deep and prolonged recession. Democrats and Republicans are expressing dissatisfaction with the impact of the $787 billion stimulus package President Barack Obama signed into law [...]

Obama praises stimulus bill as it hits 100-day mark(1)

By Mark Z. Barabak
1:11 PM PDT, May 27, 2009

Reporting from Las Vegas — When pundits and reporters set out to chart the progress of the Obama administration at 100 days, some in the White House disparaged the exercise as a foolish contrivance focused on a meaningless marker. But today the White House conjured up its [...]

Stimulus Package Underwhelms Infrastructure Investors(1)

By Keenan Skelly
Investors and lawmakers attending the Dow Jones Infrastructure Summit Thursday weren’t particularly enthused about the $30 billion that President Barack Obama’s administration has slated for infrastructure in its economic stimulus package.
Their biggest issue: it simply isn’t enough, not coming anywhere close to the $2 trillion estimated to be needed to help the U.S.’s [...]

Jim Rogers: Let AIG Go Bankrupt, Not America(2)

By: CNBC.com | 03 Mar 2009
American International Group should be allowed to go bankrupt because keeping it and other sick financials alive on government support risks ruining the US economy, legendary investor Jim Rogers told CNBC Tuesday.
AIG [AIG 0.3992 -0.0308 (-7.16%) ], whose $61.66 billion fourth-quarter loss [...]

Americans Should Buy U.S. Cars(0)

The auto industry has a long history of providing sound jobs and contributing to economic prosperity in the U.S. Now it’s time for consumers to give back by choosing domestic cars instead of foreign ones. Pro or con?
Pro: Help Your Country
by Mark Karlin, BuzzFlash.com
A short time ago, my wife and I bought an American [...]

Tax credits will impact workers and businesses(0)

By Tim Engstrom | Albert Lea Tribune
Money for workers in the $787 billion federal economic stimulus package isn’t set up the same way it was in last year’s $700 billion measure.
Many people used their stimulus checks last year for big-ticket items or for battling debts, rather than everyday spending.
This time, the dollars are coming in [...]

Q & A: How the stimulus package may help new home buyers(1)

How the stimulus package may help new home buyers
The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after Jan. 1 and before Dec. 1 this year. The following questions and answers provide basic information about the tax [...]

A primer on the stimulus package(1)

By David Robinson
NEWS BUSINESS REPORTER
Looking to install a new energyefficient furnace? Uncle Sam could help pay for it, thanks to the federal government’s new economic stimulus program.
Buying a new car? You’ll be able to claim a federal income tax deduction on the sales taxes you pay on all but the most expensive vehicles.
In the market [...]