Economic Recovery Measures
Latest
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House Approves $50 billion in Sandy Relief
Yesterday, the House of Representatives approved an additional $50.5 billion in disaster funding for areas devastated by Hurricane Sandy by a 241-180...
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The Economic Effects of Avoiding (Much of) the Fiscal Cliff
Update: CBO confirmed our numbers today, finding a remaining fiscal contraction of about 1 1/4 percent . The American Taxpayer Relief Act which...
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Treasury Sells Remaining Shares in AIG
The Treasury Department reported today that it will sell its remaining shares in AIG, ending a more than four-year assistance program. The final sale...
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What's On Congress's Plate
First off, CRFB would like to congratulate President Obama and all of those who were elected and re-elected to the Senate and the House. CRFB is...
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Saving For a Rainy Day
As the East Coast and other communities affected by superstorm Sandy begin the work of rebuilding and assisting those who need help, the CRFB and Fix...
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AIG Drives TARP Estimate Lower
The CBO has released its newest estimate of the Troubled Asset Relief Program (TARP), showing that it would cost taxpayers a total of $24 billion...
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QE3 Is on the Way
After months of speculation and anticipation, the Federal Open Market Committee decided to undertake a third round of quantitative easing. The...
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Treasury Winds Down TARP Support of AIG
As the Troubled Assets Relief Program (TARP) continues to wind down, the biggest programs remaining are the support of GM and AIG. The latest estimate...
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It's Not Free Money
Paul Krugman and other advocates of more federal stimulus spending cite today’s extremely low real interest rates, near zero or negative, as reason to...
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How Might the Fiscal Cliff Play Out?
This week’s The Economist offers another analysis of the end-of-year fiscal cliff of tax increases and spending cuts that the United States faces...
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When It Comes to Deficit Reduction, Timing Matters
The news that Britain has entered into a double-dip recession touched off a fierce debate last week over the role of austerity in the country's...
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Chairman Bernanke Addresses the Fiscal Cliff
Federal Reserve chairman Ben Bernanke held a press conference yesterday following the conclusion of the Federal Open Market Committee meeting...