Latest
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Understanding the Health Insurance Excise Tax
The health care reform bill recently passed by the Senate Finance Committee relies on a $200 billion health insurance tax to help fund the costs of...
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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 criticized Congress for attacking...
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More About Those Stimulus Ideas...
Update: Yesterday evening, Senators voted 87-13 to cut off debate to the unemployment insurance bill, which prevented the consideration of amendments...
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A New TARP Program for Community Banks
The Administration has just announced a new small business lending initiative under the Treasury’s TARP. According to a White House release, the new...
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President Signs $121 Billion Farm Bill
Yesterday, President Obama signed the Agriculture Appropriations bill into law. The $121 billion measure includes $58 billion for food stamps -- a 7%...
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Update on Senate “Doc Fix” Legislation
The Medicare physician payment bill (S 1776) sponsored by Senator Stabenow was defeated yesterday by a Senate vote of 47-53, as twelve Democrats along...
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About Those Additional Stimulus Ideas...
With unemployment still growing, rising from 9.7 percent in August to 9.8 percent this past September, discussions have developed over the potential...
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Beige Book Results
Today, the Fed released its latest Beige Book, with each Fed bank reporting on current economic conditions within its district. Reports from Fed...
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Healthcare Savings Likely to be Eclipsed by Stimulus Extensions
Forbes had a piece Monday by Alex Brill and Amy Roden of the American Enterprise Institute about the potential for stimulus programs to expand the...
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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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