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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
As we continue to watch our wallets even more, an added incentive for some of life’s biggest purchases is a welcomed bonus.
If you are in the market to purchase a new vehicle or your first home, you’ll be happy to see what lies inside the newly signed economic stimulus package.
For all first-time home buyers inside [...]
McCain opposes economic stimulus package
By David Edwards
John McCain told Foxs Chris Wallace that he would not vote for the economic stimulus package proposed by Democrats.
by Peyton Vantrease, Nashville Nonpartisan Examiner
Tonight President Obama goes on T.V. to sell his stimulus package to the public. You would think that giving away over 700 billion would be an easy sell, but up until now it has not been. Just as this bill went thru the House and Senate to get approved with [...]
Commentary by John F. Wasik
Feb. 23 (Bloomberg) — You won’t get a check to go out and buy a large-screen television, nor will you see much immediate tax relief in the new $787 billion stimulus package signed by U.S. President Barack Obama last week.
The plan, one of the largest ever passed by Congress, will [...]
