<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title>Economic Policy: News &amp; Videos about Economic Policy - CNN.com</title><link>http://topics.cnn.com/topics/feeds/rss/Economic_Policy</link><description>Find stories, videos, and photos about Economic Policy from CNN.com.</description><language>en-us</language><copyright>Cable News Network LP, LLLP.</copyright><pubDate>Thu, 26 Nov 2009 04:48:06 GMT</pubDate><ttl>5</ttl><image><title>Economic Policy: News &amp; Videos about Economic Policy - CNN.com</title><url>http://i.cdn.turner.com/cnn/.element/img/1.0/logo/cnn.logo.rss.gif</url><link>http://topics.cnn.com/topics/feeds/rss/Economic_Policy</link><width>144</width><height>33</height><description>Find stories, videos, and photos about Economic Policy from CNN.com.</description></image><item><title>More questions over stimulus jobs</title><link>http://money.cnn.com/2009/11/18/news/economy/stimulus_jobs/index.htm</link><guid>http://money.cnn.com/2009/11/18/news/economy/stimulus_jobs/index.htm</guid><description>So just how many jobs has the $787 billion stimulus package created or saved?</description><pubDate>Thu, 19 Nov 2009 23:15:00 EST</pubDate></item><item><title>Is TARP bailout helping the economy?</title><link>http://money.cnn.com/2009/11/19/news/economy/TARP_impact_unclear/index.htm</link><guid>http://money.cnn.com/2009/11/19/news/economy/TARP_impact_unclear/index.htm</guid><description>As the Obama administration considers how to approach the next phase of the $700 billion financial bailout, questions are being raised on Capitol Hill about whether it is helping the economy.</description><pubDate>Thu, 19 Nov 2009 22:18:00 EST</pubDate></item><item><title>1 million jobless face benefits loss in January</title><link>http://money.cnn.com/2009/11/18/news/economy/Unemployment_benefits/index.htm</link><guid>http://money.cnn.com/2009/11/18/news/economy/Unemployment_benefits/index.htm</guid><description>One million people could lose unemployment benefits in January if Congress doesn't extend federal aid, according to a report released Wednesday.</description><pubDate>Thu, 19 Nov 2009 03:02:00 EST</pubDate></item><item><title>Hoyer: Dems plan vote on jobs bill before Christmas</title><link>http://www.cnn.com/2009/POLITICS/11/17/hoyer.jobs.bill/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/11/17/hoyer.jobs.bill/index.html#cnnSTCText</guid><description>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.</description><pubDate>Tue, 17 Nov 2009 22:14:00 EST</pubDate></item><item><title>3 things that could kill bank reform</title><link>http://money.cnn.com/2009/11/17/news/economy/regulatory_reform_killers/index.htm</link><guid>http://money.cnn.com/2009/11/17/news/economy/regulatory_reform_killers/index.htm</guid><description>More than a year after the financial system came to the brink of collapse, Congress is finally starting to make headway on bills that aim to prevent future catastrophes.</description><pubDate>Tue, 17 Nov 2009 13:18:00 EST</pubDate></item><item><title>How Fed let AIG banks off easy</title><link>http://money.cnn.com/2009/11/16/news/companies/aig_counterparties_sigtarp/index.htm</link><guid>http://money.cnn.com/2009/11/16/news/companies/aig_counterparties_sigtarp/index.htm</guid><description>Federal regulators, in rushing to rescue AIG last year, failed to use their clout to negotiate concessions from business partners of the troubled insurer, a bailout overseer said on Monday.</description><pubDate>Tue, 17 Nov 2009 00:18:00 EST</pubDate></item><item><title>Republicans heading for a bloodbath in Florida</title><link>http://www.cnn.com/2009/OPINION/11/16/frum.gop.florida.crist.rubio.battle/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/OPINION/11/16/frum.gop.florida.crist.rubio.battle/index.html#cnnSTCText</guid><description>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.</description><pubDate>Mon, 16 Nov 2009 19:10:00 EST</pubDate></item><item><title>Obama to hold jobs forum in December</title><link>http://money.cnn.com/2009/11/12/news/economy/obama_economy/index.htm</link><guid>http://money.cnn.com/2009/11/12/news/economy/obama_economy/index.htm</guid><description>President Obama, facing a 10.2% unemployment rate, said Thursday he would hold a jobs forum at the White House in December.</description><pubDate>Thu, 12 Nov 2009 15:37:00 EST</pubDate></item><item><title>Next up: More stimulus?</title><link>http://money.cnn.com/2009/11/12/news/economy/more_stimulus/index.htm</link><guid>http://money.cnn.com/2009/11/12/news/economy/more_stimulus/index.htm</guid><description>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.</description><pubDate>Thu, 12 Nov 2009 09:50:00 EST</pubDate></item><item><title>Why stimulus jobs aren't here to stay</title><link>http://money.cnn.com/2009/11/02/news/economy/stimulus_jobs_dtv/index.htm</link><guid>http://money.cnn.com/2009/11/02/news/economy/stimulus_jobs_dtv/index.htm</guid><description>Stimulus may have created or saved 640,000 jobs so far, but many of those positions were never intended to last.</description><pubDate>Tue, 03 Nov 2009 19:54:00 EST</pubDate></item><item><title>Washington's inconvenient economic truths</title><link>http://money.cnn.com/2009/11/02/news/economy/stimulus_elections.fortune/index.htm</link><guid>http://money.cnn.com/2009/11/02/news/economy/stimulus_elections.fortune/index.htm</guid><description>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.</description><pubDate>Mon, 02 Nov 2009 15:35:00 EST</pubDate></item><item><title>Geithner: Deficit reduction has to wait</title><link>http://money.cnn.com/2009/11/01/news/economy/Geithner_economy.cnnw/index.htm</link><guid>http://money.cnn.com/2009/11/01/news/economy/Geithner_economy.cnnw/index.htm</guid><description>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.</description><pubDate>Sun, 01 Nov 2009 16:19:00 EST</pubDate></item><item><title>Stimulus creates 640,000 jobs</title><link>http://money.cnn.com/2009/10/30/news/economy/Stimulus_jobs_created/index.htm</link><guid>http://money.cnn.com/2009/10/30/news/economy/Stimulus_jobs_created/index.htm</guid><description>The largest stimulus program in the nation's history has created or saved just over 640,000 jobs, the Obama administration said Friday.</description><pubDate>Sat, 31 Oct 2009 00:18:00 EDT</pubDate></item><item><title>Stimulus jobs: 5 questions, 5 answers</title><link>http://money.cnn.com/2009/10/30/news/economy/stimulus_jobs_explainer/index.htm</link><guid>http://money.cnn.com/2009/10/30/news/economy/stimulus_jobs_explainer/index.htm</guid><description>The Obama administration said Friday that stimulus has created or saved 640,000 jobs so far.</description><pubDate>Sat, 31 Oct 2009 00:15:00 EDT</pubDate></item><item><title>White House fights back on Cash for Clunkers</title><link>http://money.cnn.com/2009/10/29/news/economy/cash_for_clunkers_white_house_response/index.htm</link><guid>http://money.cnn.com/2009/10/29/news/economy/cash_for_clunkers_white_house_response/index.htm</guid><description>The Obama administration on Thursday lashed out at a prominent critic of its Cash for Clunkers program, arguing that the popular trade-in initiative helped give the auto industry and the economy a much needed boost in the past few months.</description><pubDate>Fri, 30 Oct 2009 07:53:00 EDT</pubDate></item><item><title>Clunkers: Taxpayers paid $24,000 per car</title><link>http://money.cnn.com/2009/10/28/autos/clunkers_analysis/index.htm</link><guid>http://money.cnn.com/2009/10/28/autos/clunkers_analysis/index.htm</guid><description>A total of 690,000 new vehicles were sold under the Cash for Clunkers program last summer, but only 125,000 of those were vehicles that would not have been sold anyway, according to an analysis released Wednesday by the automotive Web site Edmunds.com.</description><pubDate>Thu, 29 Oct 2009 21:58:00 EDT</pubDate></item><item><title>Executive pay crackdown is a joke</title><link>http://money.cnn.com/2009/10/28/markets/thebuzz/index.htm</link><guid>http://money.cnn.com/2009/10/28/markets/thebuzz/index.htm</guid><description>What do you know? The suits at troubled finance firm GMAC must like working for less money. How else to explain that GMAC is reportedly trying to get a third helping of government rescue funds?    GMAC is one of the seven firms that the Obama administration announced sweeping changes in executive compensation for last week.</description><pubDate>Thu, 29 Oct 2009 12:22:00 EDT</pubDate></item><item><title>GMAC grabs for another lifeline</title><link>http://money.cnn.com/2009/10/28/news/gmac.feds.fortune/index.htm</link><guid>http://money.cnn.com/2009/10/28/news/gmac.feds.fortune/index.htm</guid><description>Will the third bailout be the charm for GMAC?</description><pubDate>Wed, 28 Oct 2009 17:47:00 EDT</pubDate></item><item><title>House to take on 'too big to fail'</title><link>http://money.cnn.com/2009/10/27/news/economy/too_big_to_fail/index.htm</link><guid>http://money.cnn.com/2009/10/27/news/economy/too_big_to_fail/index.htm</guid><description>One year after risky practices by the nation's biggest banks almost brought down the economy, many of those institutions are even bigger -- and some say even riskier.</description><pubDate>Wed, 28 Oct 2009 13:52:00 EDT</pubDate></item><item><title>Geithner: More TARP paybacks coming</title><link>http://money.cnn.com/2009/10/27/news/economy/geithner/index.htm</link><guid>http://money.cnn.com/2009/10/27/news/economy/geithner/index.htm</guid><description>Treasury Secretary Timothy Geithner said Tuesday he expects a wave of banks to return government bailout money to taxpayers soon.</description><pubDate>Wed, 28 Oct 2009 01:06:00 EDT</pubDate></item><item><title>Stimulus debate heats up as Dems push aid for small business</title><link>http://www.cnn.com/2009/POLITICS/10/22/pelosi.stimulus/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/10/22/pelosi.stimulus/index.html#cnnSTCText</guid><description>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.</description><pubDate>Thu, 22 Oct 2009 18:41:00 EDT</pubDate></item><item><title>Consumer protection agency moves ahead</title><link>http://money.cnn.com/2009/10/22/news/economy/consumer_financial_protection_agency/index.htm</link><guid>http://money.cnn.com/2009/10/22/news/economy/consumer_financial_protection_agency/index.htm</guid><description>A key House committee on Thursday approved the most high-profile part of the White House plan to prevent future financial collapse: The creation of a new agency to regulate consumer financial products.</description><pubDate>Thu, 22 Oct 2009 17:05:00 EDT</pubDate></item><item><title>Are states following stimulus plan rules for schools?</title><link>http://www.cnn.com/2009/POLITICS/10/20/stimulus.education/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/10/20/stimulus.education/index.html#cnnSTCText</guid><description>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.</description><pubDate>Wed, 21 Oct 2009 13:44:00 EDT</pubDate></item><item><title>Bailout's hidden costs</title><link>http://money.cnn.com/2009/10/21/news/economy/sigtarp_bailout_report/index.htm</link><guid>http://money.cnn.com/2009/10/21/news/economy/sigtarp_bailout_report/index.htm</guid><description>The $700 billion bailout will ultimately cost taxpayers billions of dollars, but the government stands to lose much more than the money it's pouring into companies.</description><pubDate>Wed, 21 Oct 2009 07:45:00 EDT</pubDate></item><item><title>Reaganomics is dead (long live Reaganomics)</title><link>http://money.cnn.com/2009/10/19/news/economy/Bartlett_Reaganomics.moneymag/index.htm</link><guid>http://money.cnn.com/2009/10/19/news/economy/Bartlett_Reaganomics.moneymag/index.htm</guid><description>Bruce Bartlett was a lieutenant in the Reagan revolution. As an aide to congressman Jack Kemp, he helped write the legislation underpinning Ronald Reagan's 1981 tax cut and then worked in the Reagan and the George H.W. Bush administrations.</description><pubDate>Mon, 19 Oct 2009 09:10:00 EDT</pubDate></item><item><title>On stimulus jobs reporting, a big 'Oops'</title><link>http://money.cnn.com/2009/10/16/news/economy/stimulus_jobs/index.htm</link><guid>http://money.cnn.com/2009/10/16/news/economy/stimulus_jobs/index.htm</guid><description>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.</description><pubDate>Fri, 16 Oct 2009 20:53:00 EDT</pubDate></item><item><title>30,383: First tally on stimulus jobs</title><link>http://money.cnn.com/2009/10/15/news/economy/stimulus_jobs_federal_contracts/index.htm</link><guid>http://money.cnn.com/2009/10/15/news/economy/stimulus_jobs_federal_contracts/index.htm</guid><description>The White House on Thursday unveiled the first hard data on how many jobs the $787 billion recovery act has created.</description><pubDate>Thu, 15 Oct 2009 22:23:00 EDT</pubDate></item><item><title>No 2010 increase in Social Security</title><link>http://money.cnn.com/2009/10/14/news/economy/obama_seniors_payment/index.htm</link><guid>http://money.cnn.com/2009/10/14/news/economy/obama_seniors_payment/index.htm</guid><description>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.</description><pubDate>Thu, 15 Oct 2009 16:48:00 EDT</pubDate></item><item><title>Stimulus: Creating jobs or not?</title><link>http://money.cnn.com/2009/10/13/news/economy/stimulus_jobs/index.htm</link><guid>http://money.cnn.com/2009/10/13/news/economy/stimulus_jobs/index.htm</guid><description>Is the largest one-time economic recovery effort in U.S. history creating jobs?</description><pubDate>Tue, 13 Oct 2009 13:32:00 EDT</pubDate></item><item><title>We're broke ... time for a new tax</title><link>http://money.cnn.com/2009/10/01/news/economy/new_tax_needed/index.htm</link><guid>http://money.cnn.com/2009/10/01/news/economy/new_tax_needed/index.htm</guid><description>President Obama has been steadfast in his pledge that he won't raise taxes on those making less than $250,000. But that doesn't mean only high-income households will be subject to higher taxes.</description><pubDate>Mon, 12 Oct 2009 21:53:00 EDT</pubDate></item><item><title>Sources: Administration considering safety net measures</title><link>http://www.cnn.com/2009/POLITICS/10/06/stimulus.proposals/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/10/06/stimulus.proposals/index.html#cnnSTCText</guid><description>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.</description><pubDate>Wed, 07 Oct 2009 06:21:00 EDT</pubDate></item><item><title>Greenspan predicts economic growth to hit 3 percent or higher</title><link>http://www.cnn.com/2009/POLITICS/10/04/u.s.economy/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/10/04/u.s.economy/index.html#cnnSTCText</guid><description>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.</description><pubDate>Tue, 06 Oct 2009 13:40:00 EDT</pubDate></item><item><title>Bailout cop: Treasury set 'unrealistic expectations'</title><link>http://money.cnn.com/2009/10/05/news/economy/bailout_report/index.htm</link><guid>http://money.cnn.com/2009/10/05/news/economy/bailout_report/index.htm</guid><description>A government watchdog says federal officials weren't entirely honest with the public about the health of the first 9 financial firms that got federal bailouts, according to a report released Monday.</description><pubDate>Mon, 05 Oct 2009 14:09:00 EDT</pubDate></item><item><title>Unemployment will top 10% - Greenspan</title><link>http://money.cnn.com/2009/10/04/news/economy/economy_recovery_greenspan_schumer/index.htm</link><guid>http://money.cnn.com/2009/10/04/news/economy/economy_recovery_greenspan_schumer/index.htm</guid><description>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.</description><pubDate>Sun, 04 Oct 2009 16:14:00 EDT</pubDate></item><item><title>Bernanke backs Obama regulation overhaul</title><link>http://money.cnn.com/2009/10/01/news/economy/bernanke/index.htm</link><guid>http://money.cnn.com/2009/10/01/news/economy/bernanke/index.htm</guid><description>Federal Reserve Chairman Ben Bernanke on Thursday endorsed most of the Obama administration's plan to overhaul the regulatory system, except for a consumer agency.</description><pubDate>Thu, 01 Oct 2009 14:31:00 EDT</pubDate></item><item><title>Obama: Requiring health insurance is not a tax increase</title><link>http://www.cnn.com/2009/POLITICS/09/20/obama.health.care/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/09/20/obama.health.care/index.html#cnnSTCText</guid><description>President Obama insists that requiring Americans to get health insurance does not amount to a tax increase.</description><pubDate>Sun, 20 Sep 2009 18:43:00 EDT</pubDate></item><item><title>Fixing the financial rules: Slow going</title><link>http://money.cnn.com/2009/09/13/news/economy/Obama_regulatory_reform/index.htm</link><guid>http://money.cnn.com/2009/09/13/news/economy/Obama_regulatory_reform/index.htm</guid><description>Just a month after taking office, President Obama asked Congress to move fast to reform the "outdated" system of financial oversight and install "tough, new common-sense rules of the road" for Wall Street.</description><pubDate>Mon, 14 Sep 2009 21:40:00 EDT</pubDate></item><item><title>Bailout tracker: What's going, what's coming</title><link>http://money.cnn.com/2009/09/11/news/economy/bailout_repayment_tracker/index.htm</link><guid>http://money.cnn.com/2009/09/11/news/economy/bailout_repayment_tracker/index.htm</guid><description>As government regulators switch from crisis-mode to rescue mode, many of the biggest and most successful bailout programs are well on their way to extinction. But there are plenty of others that are gaining momentum as the economy heads toward a recovery.</description><pubDate>Mon, 14 Sep 2009 13:49:00 EDT</pubDate></item><item><title>Hooray for banks that refused bailouts!</title><link>http://money.cnn.com/2009/09/11/markets/thebuzz/index.htm</link><guid>http://money.cnn.com/2009/09/11/markets/thebuzz/index.htm</guid><description>It's nearly one year after the big crash, and the financial system is still functioning.</description><pubDate>Sat, 12 Sep 2009 01:12:00 EDT</pubDate></item><item><title>Why some small banks still love TARP</title><link>http://money.cnn.com/2009/09/11/news/companies/banks_tarp/index.htm</link><guid>http://money.cnn.com/2009/09/11/news/companies/banks_tarp/index.htm</guid><description>When it comes to TARP, it's better late than never for some banks.</description><pubDate>Fri, 11 Sep 2009 20:11:00 EDT</pubDate></item><item><title>Stimulus boosted jobs by 1 million - White House</title><link>http://money.cnn.com/2009/09/10/news/economy/stimulus_economy_jobs/index.htm</link><guid>http://money.cnn.com/2009/09/10/news/economy/stimulus_economy_jobs/index.htm</guid><description>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.</description><pubDate>Thu, 10 Sep 2009 21:51:00 EDT</pubDate></item><item><title>Fix health care. But fix the deficits, too</title><link>http://money.cnn.com/2009/09/08/news/economy/fiscal_gap/index.htm</link><guid>http://money.cnn.com/2009/09/08/news/economy/fiscal_gap/index.htm</guid><description>President Obama says reforming health care is central to the task of getting the government's long-term financial problems under control. And he's right.</description><pubDate>Wed, 09 Sep 2009 21:08:00 EDT</pubDate></item><item><title>Second stimulus not needed - survey</title><link>http://money.cnn.com/2009/08/31/news/economy/NABE_survey_monetary_fiscal/index.htm</link><guid>http://money.cnn.com/2009/08/31/news/economy/NABE_survey_monetary_fiscal/index.htm</guid><description>An increasing number of economists agree with the government's response to the recession, saying they believe the economy is on the road to recovery, according to a survey released Monday.</description><pubDate>Mon, 31 Aug 2009 12:38:00 EDT</pubDate></item><item><title>Why the deficit will raise taxes</title><link>http://money.cnn.com/2009/08/27/news/economy/deficit_taxes/index.htm</link><guid>http://money.cnn.com/2009/08/27/news/economy/deficit_taxes/index.htm</guid><description>A $9 trillion federal deficit over 10 years may be too hard to comprehend. But this part is easy: Such unwieldy amounts of debt could have an impact on Americans' bottom line one way or the other -- if not tomorrow, then the day after.</description><pubDate>Thu, 27 Aug 2009 17:44:00 EDT</pubDate></item><item><title>Highway stimulus: Just a 'down payment'</title><link>http://money.cnn.com/2009/08/26/news/economy/stimulus_highway_infrastructure/index.htm</link><guid>http://money.cnn.com/2009/08/26/news/economy/stimulus_highway_infrastructure/index.htm</guid><description>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.</description><pubDate>Wed, 26 Aug 2009 12:36:00 EDT</pubDate></item><item><title>How banks really used TARP money</title><link>http://money.cnn.com/2009/08/20/news/companies/bank_tarp_survey/index.htm</link><guid>http://money.cnn.com/2009/08/20/news/companies/bank_tarp_survey/index.htm</guid><description>If you're looking for the most detailed look yet about how banks have used funds from the $700 billion bailout, you're in luck.</description><pubDate>Thu, 20 Aug 2009 20:33:00 EDT</pubDate></item><item><title>Economic stimulus for national parks working?</title><link>http://www.cnn.com/2009/POLITICS/08/17/national.parks/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/08/17/national.parks/index.html#cnnSTCText</guid><description>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.</description><pubDate>Wed, 19 Aug 2009 15:00:00 EDT</pubDate></item><item><title>New ways to shelter your retirement</title><link>http://money.cnn.com/2009/08/18/pf/retirement_saving_strategies.fortune/index.htm</link><guid>http://money.cnn.com/2009/08/18/pf/retirement_saving_strategies.fortune/index.htm</guid><description>For years a cardinal rule of retirement investing has been to put every penny you can into IRAs, 401(k)s, and other tax-deferred accounts. That advice rested on a commonsense assumption: that after you stopped working you'd move into a lower tax bracket. That was important because the money you take out of a tax-deferred account is subject to ordinary income taxes.</description><pubDate>Wed, 19 Aug 2009 09:51:00 EDT</pubDate></item><item><title>Bad banks -- They're baaack!</title><link>http://money.cnn.com/2009/08/18/news/banks.buyers.fortune/index.htm</link><guid>http://money.cnn.com/2009/08/18/news/banks.buyers.fortune/index.htm</guid><description>Facing mounting bank failures, regulators are putting a new twist on a familiar idea: splitting a bank's good assets from the bad ones.</description><pubDate>Tue, 18 Aug 2009 17:28:00 EDT</pubDate></item><item><title>Toxic assets still festering</title><link>http://money.cnn.com/2009/08/11/news/economy/TARP_report/index.htm</link><guid>http://money.cnn.com/2009/08/11/news/economy/TARP_report/index.htm</guid><description>The economy may show signs of life, but so-called toxic assets are still a major threat to any recovery, a bailout watchdog group warned on Tuesday.</description><pubDate>Tue, 11 Aug 2009 07:42:00 EDT</pubDate></item><item><title>No end in sight for bank bailouts</title><link>http://money.cnn.com/2009/08/04/news/economy/banks_programs/index.htm</link><guid>http://money.cnn.com/2009/08/04/news/economy/banks_programs/index.htm</guid><description>After rescuing the nation's banking system from utter disaster last fall, Washington now faces an arguably much trickier task: putting the bailout genie back in the bottle.</description><pubDate>Sat, 08 Aug 2009 13:19:00 EDT</pubDate></item><item><title>Top adviser says stimulus is preventing economy's free fall</title><link>http://www.cnn.com/2009/POLITICS/08/07/romer.second.stimulus/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/08/07/romer.second.stimulus/index.html#cnnSTCText</guid><description>White House economic adviser Christina Romer declared the president's stimulus plan "absolutely" is working to slow the economy's decline, though she still held open the possibility of a second stimulus package a few months down the road.</description><pubDate>Fri, 07 Aug 2009 13:01:00 EDT</pubDate></item><item><title>Commentary: Obama's first 200 days a reckless experiment</title><link>http://www.cnn.com/2009/POLITICS/08/06/steele.obama/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/08/06/steele.obama/index.html#cnnSTCText</guid><description>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.</description><pubDate>Thu, 06 Aug 2009 17:41:00 EDT</pubDate></item><item><title>Obama agenda: Taxes, not just health care</title><link>http://money.cnn.com/2009/08/05/pf/taxes/obama_taxes/index.htm</link><guid>http://money.cnn.com/2009/08/05/pf/taxes/obama_taxes/index.htm</guid><description>President Obama's fall agenda has grown larger as some of the biggest decisions -- and fights -- over health care reform have been punted to September ... at the earliest.</description><pubDate>Thu, 06 Aug 2009 15:16:00 EDT</pubDate></item><item><title>China's amazing new bullet train</title><link>http://money.cnn.com/2009/08/03/news/international/china_high_speed_bullet_train.fortune/index.htm</link><guid>http://money.cnn.com/2009/08/03/news/international/china_high_speed_bullet_train.fortune/index.htm</guid><description>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.</description><pubDate>Thu, 06 Aug 2009 14:06:00 EDT</pubDate></item><item><title>Stimulus: What's been spent, what hasn't</title><link>http://money.cnn.com/2009/08/04/news/economy/stimulus_spending/index.htm</link><guid>http://money.cnn.com/2009/08/04/news/economy/stimulus_spending/index.htm</guid><description>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.</description><pubDate>Thu, 06 Aug 2009 13:29:00 EDT</pubDate></item><item><title>Commentary: Tax promise could cost Obama his job</title><link>http://www.cnn.com/2009/POLITICS/08/06/feehery.tax.promise/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/08/06/feehery.tax.promise/index.html#cnnSTCText</guid><description>Like an early clue in a mystery novel, you could see that the line used by George H.W. Bush in his convention speech ("Read my lips. No new taxes.") was going to cause the first-term president some major problems when he ran for re-election.</description><pubDate>Thu, 06 Aug 2009 12:43:00 EDT</pubDate></item><item><title>Obama's tax promise: Too tall an order</title><link>http://money.cnn.com/2009/08/03/news/economy/taxes_obama_middle_class/index.htm</link><guid>http://money.cnn.com/2009/08/03/news/economy/taxes_obama_middle_class/index.htm</guid><description>The middle class may have to pay more in taxes. That was the media's takeaway from comments made Sunday by Treasury Secretary Tim Geithner.</description><pubDate>Mon, 03 Aug 2009 22:39:00 EDT</pubDate></item><item><title>White House steadfast on pledge of no middle-class tax increase</title><link>http://www.cnn.com/2009/POLITICS/08/03/obama.economy/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/08/03/obama.economy/index.html#cnnSTCText</guid><description>The White House shot down concerns Monday that middle-class families may face a tax increase in order to combat rising deficits and a struggling economy.</description><pubDate>Mon, 03 Aug 2009 21:21:00 EDT</pubDate></item><item><title>Geithner: Economy healing, but deficit must go down</title><link>http://www.cnn.com/2009/POLITICS/08/02/geithner.economy/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/08/02/geithner.economy/index.html#cnnSTCText</guid><description>The U.S. economy is no longer on the edge of collapse, but Americans face tough choices in reducing the national deficit, Treasury Secretary Timothy Geithner said Sunday.</description><pubDate>Sun, 02 Aug 2009 18:31:00 EDT</pubDate></item><item><title>Stimulus has yet to really boost GDP</title><link>http://money.cnn.com/2009/07/31/news/economy/stimulus_GDP/index.htm</link><guid>http://money.cnn.com/2009/07/31/news/economy/stimulus_GDP/index.htm</guid><description>The nation's economy is starting to rebound, but the Obama administration's massive stimulus package had little to do with it.</description><pubDate>Fri, 31 Jul 2009 21:49:00 EDT</pubDate></item><item><title>The messy issue of 'too big to fail'</title><link>http://money.cnn.com/2009/07/30/news/companies/too_big_to_fail/index.htm</link><guid>http://money.cnn.com/2009/07/30/news/companies/too_big_to_fail/index.htm</guid><description>Lawmakers are quickly learning that "too big to fail" may be too complex to legislate away.</description><pubDate>Fri, 31 Jul 2009 19:55:00 EDT</pubDate></item><item><title>Bailout risk: $23.7 trillion? More like $3 trillion</title><link>http://money.cnn.com/2009/07/22/news/economy/bailout_watchdog_barofsky/index.htm</link><guid>http://money.cnn.com/2009/07/22/news/economy/bailout_watchdog_barofsky/index.htm</guid><description>The independent overseer of the $700 billion bailout has caused a ruckus over an important question: How much do taxpayers have on the line?</description><pubDate>Tue, 28 Jul 2009 15:16:00 EDT</pubDate></item><item><title>TARP cop wants bank accountability</title><link>http://money.cnn.com/2009/07/21/news/economy/TARP_report/index.htm</link><guid>http://money.cnn.com/2009/07/21/news/economy/TARP_report/index.htm</guid><description>The oversight czar tracking the $700 billion bailout told lawmakers Tuesday that he's concerned officials are not doing enough to prevent tax dollars from being wasted or pilfered.</description><pubDate>Mon, 27 Jul 2009 17:49:00 EDT</pubDate></item><item><title>Fannie &amp;amp; Freddie: The most expensive bailout</title><link>http://money.cnn.com/2009/07/22/news/companies/fannie_freddie_bailout/index.htm</link><guid>http://money.cnn.com/2009/07/22/news/companies/fannie_freddie_bailout/index.htm</guid><description>The first big government bailout of the financial crisis -- the takeover of mortgage finance giants Fannie Mae and Freddie Mac -- is poised to be the most expensive and complicated to complete.</description><pubDate>Mon, 27 Jul 2009 17:48:00 EDT</pubDate></item><item><title>Bailout: What's really at stake for taxpayers</title><link>http://money.cnn.com/2009/07/21/news/economy/bailout_risk/index.htm</link><guid>http://money.cnn.com/2009/07/21/news/economy/bailout_risk/index.htm</guid><description>The independent overseer of the $700 billion bailout has caused a ruckus over an important question: How much do taxpayers have on the line?</description><pubDate>Tue, 21 Jul 2009 17:21:00 EDT</pubDate></item><item><title>TARP cop: Get tough on banks</title><link>http://money.cnn.com/2009/07/20/news/economy/TARP_report/index.htm</link><guid>http://money.cnn.com/2009/07/20/news/economy/TARP_report/index.htm</guid><description>The top cop tracking the $700 billion bailout program said Monday that he's concerned federal officials are ignoring his proposals for preventing tax dollars from being wasted or pilfered.</description><pubDate>Mon, 20 Jul 2009 22:07:00 EDT</pubDate></item><item><title>Recovery slow and steady - Larry Summers</title><link>http://money.cnn.com/2009/07/17/news/economy/economic_recovery.cnnw/index.htm</link><guid>http://money.cnn.com/2009/07/17/news/economy/economic_recovery.cnnw/index.htm</guid><description>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.</description><pubDate>Fri, 17 Jul 2009 17:38:00 EDT</pubDate></item><item><title>Paulson stands by BofA-Merrill deal</title><link>http://money.cnn.com/2009/07/16/news/economy/bofa_merrill/index.htm</link><guid>http://money.cnn.com/2009/07/16/news/economy/bofa_merrill/index.htm</guid><description>Former Treasury Secretary Henry Paulson, testifying before Congress for the first time since leaving office, defended his role Thursday in salvaging a controversial deal struck during the height of the banking panic last fall.</description><pubDate>Thu, 16 Jul 2009 17:09:00 EDT</pubDate></item><item><title>BofA-Merrill tale: Paulson's turn</title><link>http://money.cnn.com/2009/07/15/news/economy/bofa_merrill/index.htm</link><guid>http://money.cnn.com/2009/07/15/news/economy/bofa_merrill/index.htm</guid><description>Did government officials overstep their authority and force Bank of America to take over troubled Merrill Lynch at great taxpayer expense?</description><pubDate>Thu, 16 Jul 2009 14:18:00 EDT</pubDate></item><item><title>Commentary: What Wall Street owes you</title><link>http://www.cnn.com/2009/POLITICS/07/15/tavakoli.goldman.earnings/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/07/15/tavakoli.goldman.earnings/index.html#cnnSTCText</guid><description>Goldman Sachs Group Inc. announced record earnings Tuesday of $3.44 billion for the second quarter of 2009.</description><pubDate>Wed, 15 Jul 2009 15:53:00 EDT</pubDate></item><item><title>Tax the rich to pay for ... everything?</title><link>http://money.cnn.com/2009/07/14/news/economy/health_care_reform/index.htm</link><guid>http://money.cnn.com/2009/07/14/news/economy/health_care_reform/index.htm</guid><description>There may be reasons to tax the rich more, as a lot of people in Washington are talking about doing.</description><pubDate>Wed, 15 Jul 2009 11:11:00 EDT</pubDate></item><item><title>Commentary:  Stimulus is too low, too slow</title><link>http://www.cnn.com/2009/POLITICS/07/14/zelizer.economy/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/07/14/zelizer.economy/index.html#cnnSTCText</guid><description>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.</description><pubDate>Tue, 14 Jul 2009 12:24:00 EDT</pubDate></item><item><title>Economic stimulus reaches GOP critic's turf</title><link>http://www.cnn.com/2009/POLITICS/07/10/stimulus.ohio/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/07/10/stimulus.ohio/index.html#cnnSTCText</guid><description>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.</description><pubDate>Fri, 10 Jul 2009 16:52:00 EDT</pubDate></item><item><title>9 firms to run toxic assets program</title><link>http://money.cnn.com/2009/07/08/news/companies/ppip/index.htm</link><guid>http://money.cnn.com/2009/07/08/news/companies/ppip/index.htm</guid><description>The government on Wednesday tapped nine financial firms to manage a scaled-down program aimed at helping the nation's banks and said it would invest up to $30 billion to get it started.</description><pubDate>Wed, 08 Jul 2009 23:04:00 EDT</pubDate></item><item><title>Stimulus spending short sighted - watchdog</title><link>http://money.cnn.com/2009/07/08/news/economy/stimulus_funding_report/index.htm</link><guid>http://money.cnn.com/2009/07/08/news/economy/stimulus_funding_report/index.htm</guid><description>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.</description><pubDate>Wed, 08 Jul 2009 22:14:00 EDT</pubDate></item><item><title>GOP slams Obama stimulus as ineffective</title><link>http://www.cnn.com/2009/POLITICS/07/08/stimulus.oversight/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/07/08/stimulus.oversight/index.html#cnnSTCText</guid><description>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.</description><pubDate>Wed, 08 Jul 2009 18:27:00 EDT</pubDate></item><item><title>Stimulus: Progress or broken promise?</title><link>http://money.cnn.com/2009/07/06/news/economy/arra_stimulus_payouts/index.htm</link><guid>http://money.cnn.com/2009/07/06/news/economy/arra_stimulus_payouts/index.htm</guid><description>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.</description><pubDate>Tue, 07 Jul 2009 14:46:00 EDT</pubDate></item><item><title>Why taxes will need to go up</title><link>http://money.cnn.com/2009/07/01/news/economy/health_care_reform/index.htm</link><guid>http://money.cnn.com/2009/07/01/news/economy/health_care_reform/index.htm</guid><description>The promise of health reform is to make care more accessible for everybody -- and to reduce the federal deficit by slowing the growth rate in costs.</description><pubDate>Wed, 01 Jul 2009 12:06:00 EDT</pubDate></item><item><title>Is stimulus creating jobs? Yes but ...</title><link>http://money.cnn.com/2009/06/26/news/economy/how_many_stimulus_jobs_created/index.htm</link><guid>http://money.cnn.com/2009/06/26/news/economy/how_many_stimulus_jobs_created/index.htm</guid><description>So just how many stimulus jobs have been created or saved so far?</description><pubDate>Fri, 26 Jun 2009 19:50:00 EDT</pubDate></item><item><title>Job market for techies to get healthier?</title><link>http://money.cnn.com/2009/03/27/technology/digitize.fortune/index.htm</link><guid>http://money.cnn.com/2009/03/27/technology/digitize.fortune/index.htm</guid><description>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</description><pubDate>Tue, 23 Jun 2009 15:09:00 EDT</pubDate></item><item><title>Bailout watchdog: Who's the boss?</title><link>http://money.cnn.com/2009/06/22/news/economy/sigtarp_independence/index.htm</link><guid>http://money.cnn.com/2009/06/22/news/economy/sigtarp_independence/index.htm</guid><description>The watchdog charged with investigating fraud in the government bailout programs is feuding with the Treasury Department about who he answers to.</description><pubDate>Mon, 22 Jun 2009 21:41:00 EDT</pubDate></item><item><title>How the bailout bashed the banks</title><link>http://money.cnn.com/2009/06/19/news/economy/trouble_with_tarp_bailout.fortune/index.htm</link><guid>http://money.cnn.com/2009/06/19/news/economy/trouble_with_tarp_bailout.fortune/index.htm</guid><description>Washington's most dramatic foray into the nation's financial sector since the Great Depression began on Oct. 13 with a misnamed acronym, an unwitting tribe of CEOs, and a confused staff of Treasury officials. It was a foreshadowing of the misadventure to come. "I don't even know who the 9 companies are. Do you?" Michele Davis, assistant secretary for public affairs, wrote in an e-mail sent at 7:15 a.m. on that history-making Monday. "No clue," Treasury chief of staff Jim Wilkinson responded. "Let me get the list."</description><pubDate>Mon, 22 Jun 2009 10:04:00 EDT</pubDate></item><item><title>Geithner defends reform plan before Congress</title><link>http://money.cnn.com/2009/06/18/news/economy/geithner_congress_reform/index.htm</link><guid>http://money.cnn.com/2009/06/18/news/economy/geithner_congress_reform/index.htm</guid><description>Treasury Secretary Timothy Geithner testified before lawmakers Thursday, defending a sweeping set of proposals put forth just a day earlier by President Obama aimed at overhauling the nation's financial system.</description><pubDate>Thu, 18 Jun 2009 18:11:00 EDT</pubDate></item><item><title>The next great crisis: America's debt</title><link>http://money.cnn.com/2009/06/05/retirement/next_crisis_americas_debt.fortune/index.htm</link><guid>http://money.cnn.com/2009/06/05/retirement/next_crisis_americas_debt.fortune/index.htm</guid><description>Normally Paul Krugman, the liberal pundit and Nobel laureate in economics, and Paul Ryan, a conservative Republican congressman from Wisconsin, share little in common except their first names and a scorching passion for views they champion from opposite political poles. So when the two combatants agree on a fundamental threat to the U.S. economy, Americans should heed this alarm as the real thing. What's worrying both Krugman and Ryan is the rapid increase in the federal debt - not so much the stimulus-driven rise to mountainous levels in the next few years, but the huge structural deficits that, under all projections, keep building the burden far into the future to unsustainable, ruinous heights. "The long-term outlook remains worrying," warned Krugman in his New York Times column. Krugman strongly supports President Obama's spending plans but bemoans the shortfall in taxes to pay for them.</description><pubDate>Thu, 11 Jun 2009 14:25:00 EDT</pubDate></item><item><title>States slash jobs despite stimulus $$</title><link>http://money.cnn.com/2009/06/09/news/economy/states_lay_off_workers/index.htm</link><guid>http://money.cnn.com/2009/06/09/news/economy/states_lay_off_workers/index.htm</guid><description>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.</description><pubDate>Wed, 10 Jun 2009 15:25:00 EDT</pubDate></item><item><title>Ten banks allowed to pay back TARP</title><link>http://money.cnn.com/2009/06/09/news/companies/banks_tarp/index.htm</link><guid>http://money.cnn.com/2009/06/09/news/companies/banks_tarp/index.htm</guid><description>Ten leading banks won approval to repay money from the government's controversial TARP program, regulators said Tuesday, which could represent approximately $68 billion in bailout funds returned to taxpayers.</description><pubDate>Tue, 09 Jun 2009 20:20:00 EDT</pubDate></item><item><title>TARP: End of an error</title><link>http://money.cnn.com/2009/06/09/markets/thebuzz/index.htm</link><guid>http://money.cnn.com/2009/06/09/markets/thebuzz/index.htm</guid><description>Good riddance, TARP. It was nice knowing you.</description><pubDate>Tue, 09 Jun 2009 19:25:00 EDT</pubDate></item><item><title>TARP payback may not help consumers</title><link>http://money.cnn.com/2009/06/09/news/tarp.repayment.fortune/index.htm</link><guid>http://money.cnn.com/2009/06/09/news/tarp.repayment.fortune/index.htm</guid><description>Don't expect TARP-free banks to unleash a torrent of loans to cash-strapped consumers.</description><pubDate>Tue, 09 Jun 2009 19:06:00 EDT</pubDate></item><item><title>Watchdog wants stress test do-over</title><link>http://money.cnn.com/2009/06/09/news/companies/tests_warren/index.htm</link><guid>http://money.cnn.com/2009/06/09/news/companies/tests_warren/index.htm</guid><description>Banks that were stress tested by the government earlier this year should undergo another round of examinations, a government watchdog group said Tuesday, amid signs that the U.S. economy may be deteriorating faster than first expected.</description><pubDate>Tue, 09 Jun 2009 10:48:00 EDT</pubDate></item><item><title>White House focuses on stimulating the stimulus</title><link>http://www.cnn.com/2009/POLITICS/06/08/stimulus.money/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/06/08/stimulus.money/index.html#cnnSTCText</guid><description>As the nation's unemployment rate inches toward double-digit territory, the White House insists that job creation is on the way.</description><pubDate>Mon, 08 Jun 2009 17:15:00 EDT</pubDate></item><item><title>FDIC shelves toxic loan plan</title><link>http://money.cnn.com/2009/06/03/news/fdic.toxicity.fortune/index.htm</link><guid>http://money.cnn.com/2009/06/03/news/fdic.toxicity.fortune/index.htm</guid><description>Regulators shelved a controversial plan that aimed to cleanse banks' balance sheets of toxic assets.</description><pubDate>Wed, 03 Jun 2009 21:18:00 EDT</pubDate></item><item><title>Jamie Dimon's fighting words</title><link>http://money.cnn.com/2009/06/03/news/economy/jamie_dimon_jpmorgan_outspoken.breakingviews/index.htm</link><guid>http://money.cnn.com/2009/06/03/news/economy/jamie_dimon_jpmorgan_outspoken.breakingviews/index.htm</guid><description>Jamie Dimon isn't one to pull his punches. In fact, the JPMorgan chief's willingness to criticize, for example, the shortcomings of retroactively changing government bailout programs can be refreshing -- and often spot-on.</description><pubDate>Wed, 03 Jun 2009 15:33:00 EDT</pubDate></item><item><title>There goes another $30 billion</title><link>http://money.cnn.com/2009/06/01/news/economy/gm_auto_bailout/index.htm</link><guid>http://money.cnn.com/2009/06/01/news/economy/gm_auto_bailout/index.htm</guid><description>With another $30 billion in taxpayer bailout money set to go to General Motors -- for a total of $50 billion -- the bankrupt automaker will become the second-largest bailout recipient after AIG.</description><pubDate>Mon, 01 Jun 2009 16:56:00 EDT</pubDate></item><item><title>Get your $8,000 HUD tax credit now</title><link>http://money.cnn.com/2009/05/29/real_estate/tax_credit_as_downpayment/index.htm</link><guid>http://money.cnn.com/2009/05/29/real_estate/tax_credit_as_downpayment/index.htm</guid><description>First-time homebuyers will now have access to quick cash to help them with their down payments.</description><pubDate>Mon, 01 Jun 2009 13:22:00 EDT</pubDate></item><item><title>Problem bank list tops 300</title><link>http://money.cnn.com/2009/05/27/news/companies/fdic_profile/index.htm</link><guid>http://money.cnn.com/2009/05/27/news/companies/fdic_profile/index.htm</guid><description>The government's list of troubled banks swelled in the first quarter, climbing to its highest level in nearly 15 years, regulators said Wednesday.</description><pubDate>Wed, 27 May 2009 15:57:00 EDT</pubDate></item><item><title>Recycling bailout money: Is it right?</title><link>http://money.cnn.com/2009/05/22/news/economy/TARP_money/index.htm</link><guid>http://money.cnn.com/2009/05/22/news/economy/TARP_money/index.htm</guid><description>Some lawmakers are questioning whether the Treasury Department has the power to recycle returned bailout dollars to fund new or expanded rescues for auto companies, life insurers and small banks.</description><pubDate>Fri, 22 May 2009 13:42:00 EDT</pubDate></item><item><title>States: It's taxes, taxes and more taxes</title><link>http://money.cnn.com/2009/05/20/news/economy/state_tax_increases/index.htm</link><guid>http://money.cnn.com/2009/05/20/news/economy/state_tax_increases/index.htm</guid><description>Facing mounting budget deficits and seeing few areas left to cut spending, states increasingly are turning to the only option they have left: raising taxes.</description><pubDate>Wed, 20 May 2009 21:03:00 EDT</pubDate></item><item><title>Stress-tested banks seeking $56B</title><link>http://money.cnn.com/2009/05/20/news/economy/Geithner_TARP/index.htm</link><guid>http://money.cnn.com/2009/05/20/news/economy/Geithner_TARP/index.htm</guid><description>Banks that underwent stress tests earlier this month have set out raise $56 billion to plug holes in their books caused by big losses, Treasury Secretary Tim Geithner told a Senate panel on Wednesday.</description><pubDate>Wed, 20 May 2009 15:57:00 EDT</pubDate></item><item><title>6 life insurers qualify for bailout money</title><link>http://www.cnn.com/2009/POLITICS/05/15/bailout.insurers/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/05/15/bailout.insurers/index.html#cnnSTCText</guid><description>Six life insurance companies have qualified to receive billions of dollars in bailout money under the government's Troubled Asset Relief Program, according to the U.S. Treasury Department.</description><pubDate>Fri, 15 May 2009 07:39:00 EDT</pubDate></item></channel></rss>