Economic Recovery Measures
Latest
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CBO Update on the Economic Effects of ARRA
Yesterday, CBO released an update on the effects of the American Recovery and Reinvestment Act of 2009 (ARRA) on employment and economic output in the...
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Obama Administration Takes Further Steps to Help the Housing Market
With the housing market still depressed almost five years after the housing bubble burst, the Obama administration is seeking input from private...
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Farewell to QE2
June has come to a close. With that also comes an end of the second round of quantitative easing, known as QE2. QE2 started off small in August 2010...
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TARP Bids Farewell to Chrysler
Yesterday, Treasury announced that it would be selling its 6.6 percent equity stake in Chrysler to Fiat, which represents the last outstanding TARP...
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Stimulus Provisions: Extended or Not?
In early 2009, lawmakers enacted an economic stimulus package to help stem the economic freefall which was shedding hundreds of thousands of jobs per...
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CBO: The Role of Automatic Stabilizers in Deficits
Yesterday, CBO released a report on the effect of automatic stabilizers on the deficit, showing that in recent years, they have added hundreds of...
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CBO Reduces Projected Cost of TARP
Back in December, we had surmised that due to recent developments with Citigroup, GM, and AIG, CBO's cost estimate of TARP would come down further...
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"Meet the Generations": Generation X
Meet Kate, a fictitious 41 year old Generation X member. How will our leaders’ fiscal choices affect her life? In our fifth and final installment of...
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‘Line’ Items: Brackets and Budgets Edition
Brackets – As many busy themselves today going over the brackets for the big tourney, picking the next Cinderella and who will win it all, the real...
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Happy Second Birthday ARRA!
While the budget world is caught up in the President's budget, it's time to celebrate an important birthday. On this day two years ago, President...
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Good News, Taxpayers!
Last month, we reported the positive developments that were happening with the major players--GM, Citigroup, and AIG--still left in the Troubled Asset...
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Fed Pays Record $78.4B to Treasury from Interest on Risky Assets
Yesterday the Federal Reserve announced it would be paying a record $78.4 billion to the U.S. Treasury for 2010. It accumulated this large sum from...