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Robots, Not Roads (flag)
tbm.thebigmoney.com — The incoming Obama administration and Congress are planning a huge fiscal stimulus package. They hope that such a stimulus will catalyze an economic turnaround and be a cornerstone of a "New New Deal." If the early reports are reliable, the stimulus will include a huge tax cut and will fund projects like road-building and bridge repair, laying the infrastructure foundation for the economy of the future. read more

vote down Rover Rover found this 1/6/2009
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Prez-Elect Makes New Pitch, Promises on Job Creation -- Including 600,000 New Government Employees
blogs.abcnews.com 1/4/2009 — In his radio address today, President-elect Obama uses some new language when discussing what he wants the stimulus package to achieve in terms of jobs. First off, he has a name for the package -- the "American Recovery and Reinvestment...
In his radio address today, President-elect Obama uses some new language when discussing what he wants the stimulus package to achieve in terms of jobs. First off, he has a name for the package -- the "American Recovery and Reinvestment...
Funding the Deficit
acrossthecurve.com 12/30/2008 — The incoming Obama Administration and its acolytes in Congress have floated various trial balloons regarding the size of the next stimulus package. Most of the press reports on the topic place the size of the package at something in the neighborhood ...
The incoming Obama Administration and its acolytes in Congress have floated various trial balloons regarding the size of the next stimulus package. Most of the press reports on the topic place the size of the package at something in the neighborhood ...
Who should get the federal stimulus funds
www.boston.com 1/5/2009 — The best way to make sure that a vast stimulus package doesn't turn into a federal boon doggle bonanza is for that money to go directly to private citizens and local governments.
The best way to make sure that a vast stimulus package doesn't turn into a federal boon doggle bonanza is for that money to go directly to private citizens and local governments.
Obama Considering $310 Billion Tax Cut
www.nakedcapitalism.com 1/5/2009 — The Wall Street Journal has sent a news alert that says that Obama is mulling a stimulus plan that will rely more heavily on tax cuts than initially envisaged as a way to win needed Republican support. The Journal says tax cuts could be as much as ...
The Wall Street Journal has sent a news alert that says that Obama is mulling a stimulus plan that will rely more heavily on tax cuts than initially envisaged as a way to win needed Republican support. The Journal says tax cuts could be as much as ...
Obama Goes For Tax Cuts
econospeak.blogspot.com 1/6/2009 — Jonathan Weisman and Naftali Bendavid report: President-elect Barack Obama and congressional Democrats are crafting a plan to offer about $300 billion of tax cuts to individuals and businesses, a move aimed at attracting Republican support for an ...
Jonathan Weisman and Naftali Bendavid report: President-elect Barack Obama and congressional Democrats are crafting a plan to offer about $300 billion of tax cuts to individuals and businesses, a move aimed at attracting Republican support for an ...
Obama's $300 billion in tax cuts seen attracting Republican votes to stimulus package — BloggingStocks
He's a new Dem and you can tell. He's also a smart professional. Those inside the beltway expecting President-elect Barack Obama to be a carbon copy of President Bill Clinton are likely to be in for a surprise. Obama has shown a penchant to reach out -- and to reach out quick -- to forge ...
Infrastructure Stimulus Amounts — Angry Bear
Tom Bozzo Around election time, the House Transportation and Infrastructure Committee had identified $45 billion in ready-to-go infrastructure projects a stimulus package. Now TrafficWorld reports that the Committee now is looking at $85 billion: The recommendations, outlined in a Dec. 12 memo, ...
Obama’s Stimulus Plan Backed By Promises Of Fiscal Restraint And Tax Cuts — Daily Markets
President-Elect Barack Obama headed to Capitol Hill yesterday (Monday) to meet with House and Senate leaders to push for quick action on his broad economic stimulus package that could cost as much as $775 billion. But in a concession to his need for bi-partisan support to pass any package, ...
Team Obama Adds Business Tax Cuts — Kudlow's Money Politic$
In a pleasant surprise, Team Obama is adding a series of business tax cuts to their overall stimulus package. News reports suggest that personal tax credits along with the new business tax cuts will comprise roughly 40 percent of the estimated $750 billion package. The two big features on the ...
Tax cuts all around (by Russell Roberts) — Cafe Hayek
Obama will have tax cuts in his stimulus package: Aiming to foster bipartisan support for his record-setting economic stimulus, President-elect Obama plans to propose huge tax cuts for businesses and middle-class workers that will total about 40 percent of the package, or up to $310 billion, ...
Obama's 'Buy American' Plan -- and why it's stupid — BloggingStocks
As President-elect Barack Obama prepares his economic stimulus package, his advisers are looking into inserting a "Buy American" plank. An Obama spokesperson told Bloomberg that "We are reviewing the buy American proposal and we are committed to a plan that will save or create 3 million jobs, ...
Obama's 'Buy American' Plan -- and why it's stupid — BloggingStocks
As President-elect Barack Obama prepares his economic stimulus package, his advisers are looking into inserting a "Buy American" plank. An Obama spokesperson told Bloomberg that "We are reviewing the buy American proposal and we are committed to a plan that will save or create 3 million jobs, ...
Obama Team Reviewing ‘Buy American’ Plank in Economic Stimulus — Short-Term Trading
President-elect Barack Obama’s advisers are looking at including a “buy American” provision in the economic-stimulus legislation . "Obama is working on a package combining tax cuts and spending on infrastructure, such as roads, bridges and transit systems, to boost growth". "U.S. steelmakers ...
How China’s Spending Plan Affects Materials, ETFs — ETF Trends
China has a stimulus plan of its own, and their shopping spree is based upon raw materials and energy, in an attempt to salvage investments and exchange traded funds (ETFs). Announced in early November, the stimulus package was targeted to maintain growth at 8% for the year 2009. This follows the...
The new stimulus package (by Russell Roberts) — Cafe Hayek
The Washington Post reports : The government's billion-dollar program to help people prepare for the transition to digital television has run out of money, potentially leaving millions of viewers without coupons to buy converter boxes they need to keep their analog TV sets working after the ...
How did the tax cut get so big? — Marginal Revolution
Yes, 40 percent of the Obama stimulus package will be a tax cut .  It's already a talking point that "the Democrats have lost their nerve" but the reality is not so devious.  Obama wishes to deliver on his pledge to cut taxes (always electorally popular) and upon close ...
Obama's Massive Tax Cuts — Minyanville
As Inauguration day nears details of President-Elect Barack Obama’s huge economic stimulus package are emerging. In today's meeting with Congressional Democrats Obama begins to lay out his vision for reviving the nation’s catatonic economy. According to the Wall Street Journal around ...
Dollar rockets higher vs euro, yen on Obama fiscal stimulus plan — BloggingStocks
Record-high U.S. budget deficit? Declining corporate earnings? Unemployment likely to rise through at least May? Don't mention those potential scenarios to the foreign exchange, as currency traders sent the dollar rocketing higher versus the euro early Monday, up 3 cents -- an enormous move in ...
Big Tax Cuts In The Works — Breaking News: CBS News
To foster bipartisan support for his record-setting economic stimulus, President-elect Barack Obama plans to propose huge tax cuts for businesses and middle-class workers totaling about 40 percent of the package, up to $310 billion.
The YEN falls as risk appetite increases on U.S stimulus — Finotec Forex News RSS Feed
President-elect Barack Obama crafted a package of infrastructure spending and tax cuts to create 3 million jobs.
Obama to Cut Taxes? — Club for Growth
From the Wall Street Journal : President-elect Barack Obama and congressional Democrats are crafting a plan to offer as much as $310 billion in tax cuts to individuals and businesses, a move aimed at attracting Republican support for an economic-stimulus package and prodding companies to ...
Obama's Priorities Before The Inauguration — Breaking News: CBS News
Even though he's been saying that the U.S. has only one president at a time, the president-elect hasn't been shy about wanting an economic stimulus package ready for a vote in Congress. It's only one of several issues getting his attention.
Federal Broadband Money Should Go To States — Fractals of Change
The carriers and cablecos are hard at work trying to influence the broadband portion of the Obama stimulus package according to an article by Amol Sharma in today's Wall Street Journal . That's no surprise, of course, and their lobbyists are just doing what they're paid to do. But it would be a ...
The $750 Billion Question — Daily Markets
When history is written, the current US economic stimulus package will clearly receive a lot of attention. The $750 Billion question will finally be answered. The question is if, when, and by how much will the stimulus positively impact stock prices and liquidity through increased bank ...
Krugman: Keep spending! — Option ARMageddon
As the Obama administration prepares its trillion-dollar “stimulus” package, economists like Paul Krugman are providing rationalizations for why such a package is necessary. In his column today, he expands his spend-anything-to-get-the-economy-going-again argument, excoriating ...