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Obama
President-elect Obama will provide details of his stimulus package in a speech in Virginia at 1100AM. The package is expected to total around $800 billion. The Congressional Budget Office projects a fiscal year deficit of $1.2 trillion. However, that figure does not include the loss of ...
Obama Eyes $300 Billion Tax Cut
Obama Eyes $300 Billion Tax Cut
online.wsj.com — [Obama Eyes $310 Billion Tax Cut] Getty Images President-elect Barack Obama and congressional Democrats are crafting a plan to offer as much as $310 billion of tax cuts. (more) Obama Eyes $300 Billion Tax Cut
Obama Warns of Trillion-Dollar Deficits
Obama Warns of Trillion-Dollar Deficits
nytimes.com — Barack Obama sought to distinguish between the need to run big deficits for several years and the need to reduce them later. > (more) Obama Warns of Trillion-Dollar Deficits
Obama at GMU
marginalrevolution.com — President-Elect Obama just spoke at GMU.  I was fortunate to have an invite.  He had a number of good lines including as good a one-line explanation and justification for Keynesian economics as you will find: Only government can break the ... (more) Obama at GMU
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Related: obama speech
President-Elect Obama Reminds Us We Have to Consider Our Kids, TooEconomistMom.com
I liked what I heard in today’s speech–not because of the new details (there weren’t many), nor because of the hint at the mix of policies (which I worry is tipping too much toward the tax-cut side), but because it offered me some reassurance that the Obama team recognizes the ...