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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: economic stimulus package

economic stimulus package stories: 393 news summaries

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(Newser) - The South Carolina Supreme Court has ruled that Gov. Mark Sanford must apply for $700 million in federal stimulus money aimed at education that the governor had strenuously resisted, the State reports. The state’s General Assembly had already mandated the move, but Sanford argued it had no authority... More »

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education • South Carolina • recovery • economic stimulus package • Mark Sanford • Obama administration • court ruling • South Carolina Supreme Court

investigation

Stimulus Hasn't Reached States That Need It Most


May 28, 09 10:20 AM CDT
(Newser) - The states President Obama’s $787 billion stimulus package was most intended to help aren’t yet getting much out of it, USA Today reports after analyzing government contracts. The eight states with unemployment rates higher than 10% have seen an average of $7.42 per person from the... More »

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contractors • Michigan • Oregon • unemployment • North Dakota • economic stimulus package • President Obama • federal agencies • stimulus funds

OPINION

Wanted: Female Bloggers Not Afraid of Math

Feminists focus on fluffy recession news, hurt women's cause

May 26, 09 5:47 PM CDT
(Newser) - What movies do broke people watch? How do lipstick sales reflect a limping economy? A review of women's blogs shows a dangerous emphasis on "recession lite," writes Linda Hirshman for DoubleX. What women need is someone willing to do the math and go to bat against the men... More »

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feminism • layoffs • women • unemployment • economist • economic stimulus package

(Newser) - The fight over stimulus money in South Carolina is now a federal case. Gov. Mark Sanford sued the state legislature last night for passing a budget that requires him to accept $350 million in federal money for schools, the State reports. Sanford, adamantly opposed to the stimulus cash, says state... More »

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South Carolina • lawsuit • governor • economic stimulus package • Mark Sanford

Fed Dollars Overtake Taxes as States' Top Income Source

Federal money exceeds revenue from major taxes for first time ever

May 5, 09 11:44 AM CDT
(Newser) - For the first time, state governments are receiving more money directly from the federal government than they collect in sales, property, and income taxes, reports USA Today. As the economic downturn saps tax revenue, stimulus money has filled the gap. Says an analyst, “This has more to say about... More »

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income tax • economic stimulus package • state sales tax • budget shortfall • property tax • state budgets

Stimulus Bill Shines on National Zoo

Despite ban, bailout
will fortify homes for animals in DC

May 4, 09 5:55 PM CDT
(Newser) - Luke the Lion is expecting home renovations while animals around the country are stuck with what they've got, Pro Publica reports. Luke's trick: living in the National Zoo in Washington, DC. The economic stimulus law forbids local and state outlays to zoos, but neglected to mention the National Zoo,... More »

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zoo • economic stimulus package • National Zoo

 US Benefits From 
 China Stimulus 

Construction in China boosts US business, from steel to fried chicken

Apr 30, 09 9:29 AM CDT
(Newser) - While Americans await the fruits of their $787 billion bailout, China is moving ahead with public-works projects at a staggering pace, pumping up its own economy as well as America’s, the Wall Street Journal reports. US industrial-equipment makers, struggling with effectively zero domestic growth, are back near record levels... More »

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China • Pizza Hut • construction • United States • recession • steel • KFC • economic stimulus package • financial crisis

analysis

 100 Days: 
 Biggest Promises Kept, Broken 

The economy has changed the stakes since the campaign began

Apr 29, 09 8:39 AM CDT
(Newser) - One way to judge President Obama's first 100 days in office is to look at his rhetoric on the campaign trail. Taking into account the fallout from the economic crisis, PolitFact came up with the most crucial promises Obama has kept and broken. His vow to beef up alternative-energy investment... More »

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presidency • alternative energy • renewable energy • lobbyists • economic stimulus package • President Obama • 100 days • campaign promises

glossies


 Sanford Still 
 Fights Stimulus 
 Plan, Tears 
 in His Eyes 

SC Guv sticks to his guns over rejecting stimulus money

Apr 26, 09 5:28 PM CDT
(Newser) - Angry state legislators and picketing teachers still haven't swayed Mark Sanford. The conservative governor of South Carolina is ignoring opponents and his dipping approval rating, now at 40%, because he's wary of federal stimulus dollars. But when a lone security guard gives his support, Sanford's strained emotions begin to show.... More »

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Republican • layoffs • South Carolina • GOP • governor • economic stimulus package • Mark Sanford • teachers

OPINION

Obama Could Try Some of His Vaunted Fiscal Responsibility

Administration involved in major economic gambles

Apr 21, 09 11:10 AM CDT
(Newser) - In a recent speech at Georgetown, President Obama outlined his plans for the economy. The funny thing is, David Brooks writes in the New York Times, "he sounded like a cultural conservative." The president talked about the good old days and vowed to end fiscal irresponsibility. In short,... More »

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Barack Obama • stock market • Georgetown University • economic stimulus package • David Brooks • economy • economic crisis

Anti-New Deal Book Is GOP's New Bible

Republicans flock to
The Forgotten Man in fight over stimulus

Apr 21, 09 10:19 AM CDT
(Newser) - For the Republican Party, looking for any kind of traction for its opposition to President Obama’s stimulus spending, anti-New Deal book The Forgotten Man is a godsend, Politico reports. Author Amity Shlaes suggests, in what some call revisionist history, that FDR’s plan, pushed by government bureaucrats on a... More »

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New Deal • economic stimulus package • Great Depression • Steve King • Spencer Bachus • Eric Cantor • Wall Street bailout • President Obama • Amity Shlaes • The Forgotten Man

(AP) - Education Secretary Arne Duncan today released nearly $4 billion to California, the first state to benefit from a special fund for states that was created by the economic stimulus law. The fund will replenish state budgets that have been cut or threatened because of the recession. Most of the money... More »

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California • Arnold Schwarzenegger • economic stimulus package • Obama administration • President Obama • Arne Duncan

 China's GDP Crawls, 
 But Worst May Be Over 

Growth sinks below 'danger line' but experts believe rebound is coming

Apr 16, 09 2:10 AM CDT
(Newser) - China's GDP growth fell to its lowest level last quarter since Beijing started keeping records in 1992, the Wall Street Journal reports. The 6.1% growth, however, is in line with forecasts and actually seen as decent news by many economists. Data on loans and industrial growth suggest that the... More »

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China • GDP • Chinese economy • economic stimulus package • Chinese exports

(Newser) - After a meeting today with the administration's top economic officials, President Obama said he’s starting to see “glimmers of hope,” Bloomberg reports. The president noted that government loans to small business are up but cautioned, “We’ve still got a lot of work to do.”... More »

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recession • unemployment • economic stimulus package • Obama administration • President Obama • economic downturn • factory orders • government loans

GOP Govs Back Down, Request Stimulus Funds

Ambitious conservatives cave on most  federal aid dollars

Apr 10, 09 10:56 AM CDT
(Newser) - Tough talk about rejecting stimulus funds earned some GOP governors—and presidential hopefuls—plenty of headlines, but reality has set in, Politico reports. Under fire from their legislatures, Bobby Jindal, Mark Sanford, and Sarah Palin have all requested funds in the past week. “At this point it looks like... More »

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Alaska • South Carolina • Louisiana • Bobby Jindal • economic stimulus package • Sarah Palin • Office of Management and Budget • Mark Sanford

(Newser) - Top Obama economic adviser Lawrence Summers said today that measures to stabilize the economy will have a discernible effect in the next few months, the Hill reports. Loosening credit and an increased flow of inventory from manufacturers means the sense of “free-fall” will dissipate, though jobless numbers will continue... More »

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recession • economic stimulus package • Obama administration • President Obama • economic downturn • Lawrence Summers • TARP • National Economic Council • Economic Club of Washington • free fall

ANALYSIS

Cash Flows to Add Broadband, But Feds Don't Have Plan

FCC has until Feb.; ISPs get stimulus now

Apr 9, 09 12:35 PM CDT
(Newser) - The Federal Communications Commission is beginning to draw up a plan to deliver broadband internet to every home in the US, the Washington Post reports. But as the FCC accepts public comment and reviews policy in the year it has to draft the plan, broadband providers will be using stimulus... More »

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Barack Obama • FCC • broadband Internet • Michael Copps • economic stimulus package • Obama administration • President Obama • Julius Genachowski

Contractors Bid Hot and Heavy for 'Shovel-Ready' Jobs

States saving big time in fight for contracts

Apr 8, 09 9:11 AM CDT
(Newser) - Contractors are scrambling to get in line for stimulus-funded "shovel-ready" jobs, reports the Washington Post, and states are finding their stimulus dollars are going a lot further than expected as a result. Companies that were building subdivisions not so long ago are now competing for government jobs and... More »

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construction • recession • infrastructure • economic stimulus package

Venture Capitalists Start to Regain Their Nerve

Confidence gradually rebounding with stimulus plan

Apr 8, 09 8:31 AM CDT
(Newser) - Venture capitalists are starting to get their confidence back after an exceptionally timid year, the New York Times reports. A key index shows the administration's efforts to stabilize the economy have given investors glimmers of hope. "There is some degree of stability in the financial markets and that allows... More »

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investors • venture capital • investment • startup • economic stimulus package • financial crisis

OPINION

 Obama Fakes 
 Center, Goes Liberal 


Apr 4, 09 6:36 PM CDT
(Newser) - If President Obama were a quarterback, he’d be a master of the fake, Fred Barnes writes in the Weekly Standard. Using “misdirection,” he markets “his product—the liberal agenda, plus a few add-ons—in a manner that disguises what he's really up to.” While... More »

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nationalization • recession • auto industry • financial sector • budget deficit • economic stimulus package • Obama administration • President Obama • Fred Barnes

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