Economic Recovery Measures
Latest
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Only 30% of 2008 Tax Rebates Spent
Recently, the Bureau of Labor Statistics (BLS) reported on the results of the Economic Stimulus Payments, or tax rebates, of early 2008. Those who...
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One More FDIC Bank Closing
On Friday evening, the FDIC reported that it has taken over an additional bank ( San Joaquin Bank) for a cost to the FDIC of around $103 million. This...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: In an editorial titled, “ 2.47 trillion dimes,” The Washington...
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Meeting Today of President's Economic Recovery Advisory Board
Today PERAB, otherwise known as the Tax Reform Subcommittee of the President's Economic Recovery Advisory Board, is holding a meeting focusing on tax...
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Congress pressured to extend tax credit for homebuyers
Today Congressional Quarterly reported that Congress is feeling pressure to extend the tax credit for homebuyers that was included in the stimulus...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: In an editorial titled, “The Greatest Show on Earth,” The Wall...
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Coalition Tries to Make a Stimulus Tax Break Permanent
Today, the Congressional Quarterly reported that a coalition of airport authorities, port authorities, and student loan lenders is pushing Congress to...
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IMF World Economic Outlook
The IMF has recently released its monthly World Economic Outlook, the IMF’s premier publication on the state and health of both the global economy and...
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Debate on Necessity of Additional Stimulus
In response to high unemployment numbers, the Obama Administration is discussing the idea of a tax credit for employers that create new jobs. House...
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The U.S. Taxpayer and the IMF
For the U.S. taxpayer, last weekend’s International Monetary Fund (IMF) meetings in Turkey were a reminder of the importance of global cooperation to...
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TARP -- One Year Later
Saturday marked the one-year anniversary of the Troubled Asset Relief Program (TARP), established as part of the Emergency Economic Stabilization Act...
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Three More FDIC Bank Closings
On Friday evening, the FDIC reported that it has taken over an additional three banks ( Southern Colorado National Bank, Jennings State Bank, and...