Senate Democrats' draft plan for job creation, circulated Tuesday, contains a couple of employment measures and a lot of leftover business.
The Obama White House likes to say that the theories of John Maynard Keynes form the foundation for its fiscal policies. Most notably, it draws upon the legendary British economist's idea of spending big to pull out of a recession.
House Speaker Nancy Pelosi seized on the falling unemployment rate Friday as evidence of Democratic-led success in reversing the economic downturn.
As the new evangelist for entrepreneurship, President Obama is finally on the right track. Mentioning "small business" 14 times in his State of the Union address last week, he pledged to increase small business lending and provide tax incentives to jump-start new jobs.
They're not calling it Stimulus 2, but the Obama administration wants to extend the life of several Recovery Act provisions by building them into the federal budget.
President Obama revealed a $3.8 trillion budget for 2011 on Monday that tries to balance two competing goals: continued government spending to boost the fragile economic recovery and controlling the nation's deficit.
Only one-quarter of Americans think the federal stimulus plan has helped the middle class, while a majority say it has helped bankers and investors, according to a new national poll.
Though the federal stimulus plan is unpopular, many Americans overwhelmingly support the basic provisions within the bill, a new national poll suggests.
The White House's stimulus plan directly funded 599,108 jobs in the fourth quarter, administration officials said Saturday.
The U.S. economy grew at the fastest pace in more than six years during the fourth quarter of 2009, according to a government report Friday.
Senate Democrats' draft plan for job creation, circulated Tuesday, contains a couple of employment measures and a lot of leftover business.
The Obama White House likes to say that the theories of John Maynard Keynes form the foundation for its fiscal policies. Most notably, it draws upon the legendary British economist's idea of spending big to pull out of a recession.
House Speaker Nancy Pelosi seized on the falling unemployment rate Friday as evidence of Democratic-led success in reversing the economic downturn.
As the new evangelist for entrepreneurship, President Obama is finally on the right track. Mentioning "small business" 14 times in his State of the Union address last week, he pledged to increase small business lending and provide tax incentives to jump-start new jobs.
They're not calling it Stimulus 2, but the Obama administration wants to extend the life of several Recovery Act provisions by building them into the federal budget.
President Obama revealed a $3.8 trillion budget for 2011 on Monday that tries to balance two competing goals: continued government spending to boost the fragile economic recovery and controlling the nation's deficit.
Only one-quarter of Americans think the federal stimulus plan has helped the middle class, while a majority say it has helped bankers and investors, according to a new national poll.
Though the federal stimulus plan is unpopular, many Americans overwhelmingly support the basic provisions within the bill, a new national poll suggests.
The White House's stimulus plan directly funded 599,108 jobs in the fourth quarter, administration officials said Saturday.
The U.S. economy grew at the fastest pace in more than six years during the fourth quarter of 2009, according to a government report Friday.
The federal government has set aside nearly $2 billion in stimulus funds to clean up Washington state's decommissioned Hanford nuclear site, once the center of the country's Cold War plutonium production.
Boosting employment tops the to-do list in Washington this year.
One of the most important questions surrounding the stimulus program is also one of the most controversial: How many jobs has it created?
President Obama can get his administration back on track by rethinking health care reform and putting his focus squarely on boosting the economy, says analyst Fareed Zakaria.
As the nation's top stimulus cop, Earl Devaney tracks whether the $787 billion in taxpayer money is being properly spent.
Just what we need out of Washington: More wind.
A state senator from Ohio says his state is spending $1 million on road signs to advertise the use of stimulus money for road projects. In other words, the state is using your money to tell you it's spending your money.
The Congressional Budget Office hiked its forecast Tuesday for how much the stimulus bill will add to the nation's deficit, raising its estimate by $75 billion to $862 billion.
Nearly $36 billion in stimulus money has been spent so far on highways, bridges and transit systems. So what have we gotten for our money?
On a mountain top 80 miles northeast of Bangor, Maine, in country where houses and gravel pits are mere pinpricks on a map green with forest, Paul Gaynor is making stimulus work.
Nearly three out of four Americans think that at least half of the money spent in the federal stimulus plan has been wasted, according to a new national poll.
A year after a nearly $800 billion stimulus package was passed, the U.S. economy still finds itself mired in mediocrity.
The road for another stimulus bill just got tougher following Tuesday's election of Republican Scott Brown to the Senate in Democratic stronghold Massachusetts.
The economic stimulus program has boosted employment by 1.5 million to 2 million jobs, the president's chief economic adviser said Wednesday.
The nation's economy started to turn around after the passage of President Obama's $787 billion stimulus package in February, his chief economic adviser said Thursday.
Now we'll never know just how many jobs were funded by the $787 billion stimulus program.
When the Senate returns on Jan. 19, jolting the economy will be high on the to-do list.
The largest stimulus program in the nation's history is starting to move into a new phase: Out with the rescue, in with new spending to create jobs.
The House Wednesday overwhelmingly approved extending the filing deadline for unemployment benefits and the COBRA health coverage subsidy through the end of February.
You don't need a Ph.D in economics to know that the government fiscal year that ended last week was ugly for the budget.
President Obama is trying yet again to throw a lifeline to small companies, this time zooming in on tax cuts for small business hiring and investment as a way to spark job creation.
President Obama on Tuesday outlined a broad new proposal to try to spur jobs and give more help to Main Street consumers and businesses.
President Obama is expected to announce Tuesday that he wants Congress to redirect a certain portion of leftover Wall Street bailout funds toward job creation measures, White House officials told CNN.
President Obama called on business leaders Thursday to help the administration kickstart hiring as policymakers contend with rising unemployment that's weighing down the economy.
With rising unemployment stymying the president's economic revival plans, the Obama administration is huddling with business leaders, academics and other experts Thursday to find a way to jumpstart hiring.
The largest stimulus program in the nation's history has created or saved just over 640,000 jobs, the Obama administration said Friday.
So just how many jobs has the $787 billion stimulus package created or saved?
One million people could lose unemployment benefits in January if Congress doesn't extend federal aid, according to a report released Wednesday.
A top House Democrat told reporters Tuesday that Congressional Democrats are moving ahead with plans to vote before the Christmas holidays on legislation that would create more jobs.
The Republican fratricide in the November 3 special election in upstate New York may prove just an opening round of an even more spectacular bloodbath in Florida in 2010.
President Obama, facing a 10.2% unemployment rate, said Thursday he would hold a jobs forum at the White House in December.
The U.S. economy seems to be on the mend, but some economists are arguing that another round of stimulus is needed to keep the recovery on track.
Stimulus may have created or saved 640,000 jobs so far, but many of those positions were never intended to last.
Now that we're officially (if barely) out of the Great Recession, it's time for our nation's elected officials to get down to serious business -- that of taking credit, assigning blame, and calling each other liars.
Economic growth and job creation remain the government's top priority, despite a federal deficit that is "too high," Treasury Secretary Timothy Geithner said in an interview broadcast Sunday.
The Obama administration said Friday that stimulus has created or saved 640,000 jobs so far.
House Speaker Nancy Pelosi said Thursday that Congress is set to consider a measure increasing the amount of money the federal government can lend to small businesses.
Creating and saving jobs while boosting investment in the future are among the top goals of the Obama administration's $787 billion economic stimulus plan.
Gaffes in federal reports this week about stimulus have called into question the government's ability to accurately track how many jobs are being created by the massive $787 billion Recovery Act.
The White House on Thursday unveiled the first hard data on how many jobs the $787 billion recovery act has created.
There will be no cost-of-living increase for 57 million Social Security beneficiaries next year because consumer prices have fallen, the Social Security Administration announced on Thursday.
Is the largest one-time economic recovery effort in U.S. history creating jobs?
Amid nervousness about states' economies and a growing unemployment rate, the Obama administration is considering a series of measures aimed at putting many Americans back to work before the 2010 midterm elections, sources close to the process told CNN.
The U.S. economy will grow more than expected in the third quarter, but unemployment also will continue to increase and will pass 10 percent, former Federal Reserve Chairman Alan Greenspan said Sunday.
The U.S. economy will grow more than expected in the third quarter, but unemployment also will continue to increase and "penetrate" the 10% barrier, former Federal Reserve Chairman Alan Greenspan said Sunday.
The government promised $27.5 billion in stimulus funds to help fix the nation's crumbling roads and bridges as part of a broader effort to save jobs. The effort is working...sort of.
From Yellowstone National Park to the Everglades, America's 391 national parks are in need of repair -- and thanks to the economic stimulus signed into law, help is now underway.
Friday marks President Obama's 200th day in office, and in most respects, his second hundred days as president have been worse than the first 100.
When lunch break comes at the construction site between Shanghai and Suzhou in eastern China, Xi Tong-li and his fellow laborers bolt for some nearby trees and the merciful slivers of shade they provide. It's 95 degrees and humid -- a typically oppressive summer day in southeastern China -- but it's not just mad dogs and Englishmen who go out in the midday sun.
The $787.2 billion stimulus plan is a lightning rod for criticism and second guessing, but love it or hate it, the massive program's funds are flowing as planned.
The nation's economy is starting to rebound, but the Obama administration's massive stimulus package had little to do with it.
A full economic recovery may be slow to materialize, but the administration's stimulus plan is working and the economy has stabilized over the past few months, a key White House adviser asserted Friday.
Vice President Joseph Biden has acknowledged that the $787 billion economic stimulus program has not yet had the impact that the White House was looking for.
In his first trip to Ohio since the election, Vice President Joe Biden jumped back into campaign mode, setting his sights on Republican critics of the $787 billion stimulus plan.
Fiscally-stressed states are using their stimulus dollars to satisfy immediate needs rather than undertake longer-term reforms, according to a government report released Wednesday.
Congressional Republicans tore into the Obama administration over the economic stimulus plan Wednesday, arguing that the White House is mishandling the distribution of the money while overstating the ability of the package to create jobs.
Nearly five months after President Obama signed the $787 billion stimulus bill, a still-worsening economy has many wondering if stimulus is a bunch of baloney.
So just how many stimulus jobs have been created or saved so far?
Dear Annie: As I understand it, President Obama's economic stimulus package contains incentives for hospitals and medical offices to get all their old paper medical records computerized, which is supposed to produce huge cost savings in the health-care system (and I think it's pretty obvious that it would do so). This caught my attention a few weeks ago when the stimulus package was first unveiled, since I have some experience in the health-care field and several IT certifications, but I haven't heard any mention of it lately. Do you think that, assuming it gets through Congress, this plan to wire the medical world could create many IT jobs? -Tacoma Techie for Hire
Virginia's Department of Transportation is putting $694.5 million in stimulus funds to work repairing the state's roads and bridges. But that money won't save the jobs of nearly 1,500 of the agency's workers.
As the nation's unemployment rate inches toward double-digit territory, the White House insists that job creation is on the way.
First-time homebuyers will now have access to quick cash to help them with their down payments.
The Obama administration, issuing its first progress report on the $787 billion stimulus program, said Wednesday that $88 billion has been made available and that it's ahead of schedule in implementing most initiatives.
The federal government has made available more than $74 billion in stimulus funds, but the majority of that money has yet to hit the streets.
The most expensive item on Florida's list of economic stimulus projects is drawing fire from some residents and at least one public official, all questioning whether it's needed at all.
The most expensive item on Florida's list of economic stimulus projects is drawing fire from some residents and at least one public official, all questioning whether it's needed at all.
Thanks to federal stimulus funds, Rhode Island's pockmarked Route 138 in Tiverton is getting repaved. The state's 97,000 food stamp recipients are getting more money. And some 2,000 local youths will have summer jobs.
The federal government has made available more than $75 billion for stimulus projects in the 10 weeks since President Obama signed the $787 billion recovery package into law.
Located outside a small Pennsylvania city, John Murtha airport may not see many passengers. But it's seen plenty of arrivals of tax dollars from Washington, most recently economic stimulus funds.
President Obama declared Monday that his stimulus plan is "starting to work" and that 2,000 transportation projects -- costing much less than expected -- are under way.
While most of America waits for federal stimulus money to make its way into wallets, one small town on the Colorado plains has taken matters into its own hands by launching its own economic recovery plan.
The Senate passed a $3.53 trillion version of the federal budget for fiscal year 2010 late Thursday night in a party-line vote, ending several weeks of acrimonious partisan debate.
The Senate passed a $3.53 trillion version of the federal budget for fiscal year 2010 late Thursday night in a party-line vote, ending several weeks of acrimonious partisan debate.
The House of Representatives passed a $3.55 trillion budget for fiscal year 2010 Thursday night, capping off weeks of acrimonious partisan debate and a long day of voting marked by the defeat of several alternative plans.
More pain is on the way for the people and communities that depend on the automotive industry. That's why President Obama has appointed an autoworker czar to look out for them.
Should a bridge that would connect two campuses at Microsoft's headquarters be funded with $11 million from the federal stimulus package?
It is at least 1,000 pages long. It costs $787 billion. And it's as thick as two telephone books.
President Obama turned his attention to the need for more clean-energy funding Monday, arguing that an expanded investment is needed to lay the foundation for long-term economic growth, cut dependence on foreign oil and slow the process of global warming.
There were no champagne corks popping at Horizon Wind on the February morning when President Obama signed the $787 billion American Recovery and Reinvestment Act into law. Instead, 30 employees swilled coffee as they got down to work in the Houston energy startup's conference room. The emergency meeting reviewed the company's pipeline and decided to move a number of projects from Tier 2 (promising but on the back burner) to Tier 1 (funding), thanks to the stimulus plan's $50 billion in clean energy provisions.
Populist outcry over AIG bonuses and government bailouts is putting pressure on states to ensure federal stimulus dollars are not only spent wisely but also transparently.
Big money often spurs big battles. A month after President Obama signed the $787 billion economic stimulus law, governors and state lawmakers are already fighting with Washington and each other about putting the money to use.
Yes, it's early. Very early. Barack Obama hasn't even moved into Blair House yet.
If there was one message that resonated loud and clear from the Obama campaign, it was this: Let's get past all of the partisanship and work together to get something done.
Democratic leaders scrambling to strip AIG executives of bonuses are having a hard time answering a key question: Why didn't Congress act to prevent the bonuses in the first place?
A new national poll indicates that support for the stimulus plan that passed Congress last month is dropping and suggests that there is no appetite among Americans for another spending bill.
Borrowing and spending are the lifeblood of the economy, but both have tightened up dramatically in recent months.
The federal stimulus plan is putting hard hats to work on the highways of Maine, Rhode Island and Maryland, at least for now.
The White House has rejected South Carolina Gov. Mark Sanford's request to use a portion of the state's allotted federal stimulus funds to pay off state debt instead of spending it on government services or programs.
Question: How do you apply for a government stimulus grant? And are the stimulus grants I see offered on Web sites real or a hoax? --Laurie, Mount Pleasant, Michigan
The economy continues to hemorrhage jobs at an alarming rate.
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