Economy
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‘Line’ Items: State of the Union Edition
What Will He Say? – On Tuesday President Obama will avail himself of one of the most effective tools a President has to shape the Washington agenda...
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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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MARKETWATCH: January 17 - 20, 2011
Over the past week, interest rates on the benchmark 10 year Treasury bond rose. Key drivers were: less safe haven demand for US government instruments...
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‘Line’ Items: Dreams and Schemes Edition
Can Dreams of Cooperation be Fulfilled? – Yesterday the nation celebrated the legacy of Dr. Martin Luther King, Jr. His vision of unity and...
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Bernanke Talks Debt before Senate Budget Committee
The Senate Budget Committee heard testimony today from Ben Bernanke, chairman of the Federal Reserve. Opening remarks were made by committee chairman...
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MARKETWATCH: December 13– December 16, 2010
Nearing the end of the week, markets are still wrestling with the same cross-currents they faced last week, but with a new wrinkle - Spain. The growth...
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Moody's Warns U.S. over Tax Cut Deal
With the Senate getting past a procedural vote in approving the tax deal, it appears more and more likely that this deal will soon become law. With...
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MarketWatch: December 6 - December 10, 2010
Markets this week have been dominated by the White House announcement of a fiscal package deal with Republican Congressional leaders that would add...
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So, How About That TARP?
Last week, we reported the good news from the Congressional Budget Office that the Troubled Asset Relief Program (TARP) would cost $25 billion...
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Markets’ Initial Reactions to the New Fiscal Compromise
Financial markets have reacted to the new tax cut deal between the White House and Congressional leaders which would add some $800-900 billion to our...
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Steven Pearlstein Joins the Announcement Effect Club
After the addition of the Fiscal Commission to the Announcement Effect Club last week, Steven Pearlstein of the Washington Post kept the membership...
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The Center for American Progress Gets Specific
Today, the Center for American Progress released a plan to get specific on our growing deficits and debt. Or, rather, they've released five...