Economic Recovery Measures
Latest
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Obama Puts Forth Jobs Plan
Today, in a speech at the Brookings Institution, President Obama outlined a strategy designed to accelerate job growth. In particular, he outlined...
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TARP: Offset or Gimmick?
In his speech today, President Obama proposed reducing the amount of money available in the TARP fund to pay for the new stimulus measure. When TARP...
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Six More FDIC Bank Closings
On Friday evening, the FDIC reported that it has taken over an additional six banks ( Greater Atlantic Bank, Benchmark Bank, AmTrust Bank, The...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times applauded a CBO estimate that under the health...
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TARP Winding Down as BofA Says It Will Repay Aid
Secretary Geithner recently said that the Administration will outline its exit strategy for TARP in the next few weeks, but the expiration date has...
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CBO Report Discusses ARRA Effect on Jobs, GDP Growth
The Congressional Budget Office has come out with a report estimating the impact of the American Recovery and Reinvestment Act on employment and...
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Stimulus COBRA Subsidies Begin Expiring
Today, federal COBRA subsidies that help unemployed workers purchase health insurance from their former employers begin expiring. February’s stimulus...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Wall Street Journal calls the pharmaceutical industry foolish...
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FDIC Deposit Fund Turns Negative
Yesterday, the FDIC reported that the deposit insurance fund fell below zero for the first time since the third quarter of 1992 (during the savings...
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Federal Officials Pressure ‘Pay Czar’ to Ease Pay Restrictions at AIG
Worry about the government’s investment in AIG has prompted some federal officials to call for easing the restrictions on pay at AIG for 2010, the...
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One More FDIC Bank Closing
On Friday evening, the FDIC reported that it has taken over an additional bank ( Commerce Bank of Southwest Florida) for a cost to the FDIC of around...
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Reports Roundup
A number of very interesting and relevant government reports have come out this week. Check them out: GAO: Recovery Act: Recipient Reported Jobs Data...