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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: economic stimulus package

economic stimulus package stories: 392 news summaries

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(Newser) - South Carolina Gov. Mark Sanford is officially accepting federal stimulus funds, beating tonight’s deadline, the Washington Post reports. The state is expected to receive around $8 billion, though Sanford has continued to reject $700 million earmarked for law enforcement and education. Sanford had wanted to use that money to... More »

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education • law enforcement • South Carolina • governor • economic stimulus package • budget gap • Mark Sanford

(Newser) - More than 32 million people in the US are now receiving food stamps—a full tenth of the population, Reuters reports. The record enrollment in January marks the third time in 5 months the total has increased. Numbers rose in all but four states. Recipients got an average of $112.... More »

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United States • unemployment • poverty • economic stimulus package • food stamps • public assistance

Stimulus Deadline Looms for Skeptical SC Gov. Sanford

As fiscal situation worsens, SC governor's stimulus refusal draws ire

Apr 2, 09 8:43 AM CDT
(Newser) - South Carolina Gov. Mark Sanford has until Friday to choose between the philosophical and the fiscal as the deadline to accept $700 million in federal stimulus money approaches, the Wall Street Journal reports. Sanford wants authority over the funds, earmarked for education and public safety, and has pledged to refuse... More »

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education • South Carolina • unemployment • economic stimulus package • budget shortfall • Mark Sanford • financial crisis • public safety

ANALYSIS

NY Election Seen as Early Referendum

Vote to fill Gillibrand's seat as much over stimulus, bonuses

Mar 31, 09 9:11 AM CDT
(Newser) - Today’s special congressional election in upstate New York is seen as a key early test of President Obama’s agenda, reports CQ Politics. The race, a tight one between Republican Jim Tedisco and Democrat Scott Murphy, has become a battle over Obama’s stimulus bill, bonuses for AIG, and... More »

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New York • economic stimulus package • special election • President Obama • Michael Steele • Kirsten Gillibrand • Scott Murphy • Jim Tedisco

(Newser) - The fallout from Texas Gov. Rick Perry's rejection of $555 million in stimulus funds for unemployment benefits could threaten his re-election bid—but as other politicians cave to public pressure, Perry has yet to waver, NPR reports. "Everything's going to be viewed through that prism," says the editor... More »

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Texas • Rick Perry • unemployment benefits • governor • economic stimulus package • Kay Bailey Hutchison

Merkel Emerges as Obama's
Main Rival

German chancellor emphasizes friendship, but opposes stimulus

Mar 30, 09 7:03 AM CDT
(Newser) - Angela Merkel stresses that she is a friend of the United States and wants Washington to play "a strong role in the world"—but ahead of the G20 summit this week, the German chancellor has emerged as the strongest and most unwavering opponent of Barack Obama's call for... More »

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Barack Obama • Angela Merkel • Germany • economic stimulus package • G20 • Chancellor of Germany • global stimulus

Obama: G20 Will Prepare World for Recovery

Upbeat prez dismisses rift with Europe over need for stimulus

Mar 30, 09 6:45 AM CDT
(Newser) - Barack Obama voiced optimism for a global deal at this week's G20 summit in London and downplayed talk of a split between the US and Europe, in his first interview with a foreign publication, the Financial Times. Saying that "we need stimulus and we need regulation," the... More »

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Barack Obama • Angela Merkel • recession • regulation • economic stimulus package • G20 • global stimulus

(Newser) - The ACLU and other watchdog groups on both the left and right think President Obama is carrying his crusade against lobbyists too far, Politico reports. Obama's recent directive forbidding government officials from discussing how to spend the stimulus with lobbyists infringes on free speech, they say. The groups plan to... More »

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free speech • Washington DC • ACLU • First Amendment • lobbyist • economic stimulus package • Obama administration • President Obama

EU President's 'Road to Hell' Remark Was an AC/DC Refence

Topolanek reveals metalhead sympathies

Mar 27, 09 4:07 PM CDT
(Newser) - Politically minded rock fans surely giggled when the Czech PM called President Obama’s stimulus plan a “road to hell.” They’re on to something: Mirek Topolanek, who holds the rotating EU presidency, says he was influenced by a recent AC/DC concert and what he called the band's... More »

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economic stimulus package • AC/DC

ANALYSIS

Safety Nets
Help Europe
Resist Stimulus

Protections for workers put in place long ago
may lessen the need

Mar 27, 09 6:53 AM CDT
(Newser) - Ahead of next week's G20 summit, the US and Europe are engaged in a major dispute over the best way to end the global recession: Washington wants more stimulus, while Germany and other EU nations say they've done enough. One overlooked factor in the debate, writes Nicholas Kulish in... More »

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Angela Merkel • Germany • Europe • recession • economic stimulus package • G20

EU Prez Slams Obama's Call
for Stimulus as 'a Way to Hell'

So what if Czech PM's gov't has collapsed

Mar 25, 09 10:49 AM CDT
(Newser) - Mirek Topolanek, the Czech prime minister whose government collapsed last night, today blasted President Obama’s economic ideas, calling further stimulus “a way to hell.” Topolanek spoke before the European Parliament just hours after Obama called on the world to share the burden of economic stimulus, the BBC... More »

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Barack Obama • European Union • Czech Republic • economic stimulus package • President Obama • Mirek Topolanek

ANALYSIS

 Obama Needs 
 Help Selling 
 Economic Plans 

His team lacks common touch

Mar 24, 09 10:36 AM CDT
(Newser) - The White House economic team is great on policy, but when it comes to reassuring the public, President Obama is on his own, Peter Nicholas and Peter Wallsten write in the LA Times. "The ability to communicate with average people was not what these people were chosen for,"... More »

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Treasury Department • economic stimulus package • Larry Summers • economy • Obama administration • Wall Street bailout • President Obama • Timothy Geithner • Christina Romer

OPINION

US-Style Stimulus Might Not Be Right for Europe

To each economy its own, says central bank head

Mar 24, 09 10:04 AM CDT
(Newser) - Today, in newspapers worldwide, President Obama called on nations to stimulate their economies, but Europe isn't sold on the idea. Europe's leaders are viewed as cautious, but perhaps their “policy is appropriate for European conditions,” Jack Ewing writes in Der Spiegel. For one thing, Europe already spends much... More »

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European Union • European Central Bank • economic stimulus package • President Obama • Jean-Claude Trichet

OPINION

Obama to G-20: We Must Act Fast on Crisis

Responds to Europe's stimulus reluctance with global op-ed blitz

Mar 24, 09 9:55 AM CDT
(Newser) - President Obama published an op-ed piece in more than 30 newspapers worldwide today, urging the G-20 nations to take immediate, bold action to fix the economy. “The United States is ready to lead,” he wrote in the Los Angeles Times, among others, “and we call on our... More »

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Barack Obama • global economy • editorial • European Central Bank • economic stimulus package • G20 • financial crisis • President Obama

(Newser) - A gaggle of foreign businesses are quietly clamoring for a piece of the $787 billion US stimulus package, the Washington Post reports. The bill sets aside billions for technologies pioneered by European and Asian companies, such as clean energy and high-speed transit. Many of those firms have significant US... More »

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international trade • protectionism • economic stimulus package

(Newser) - Sen. Chris Dodd says that if he had known the purpose of changes to legislation he drafted for the stimulus package, he “would have flatly rejected it,” CNN reports. Dodd’s rewrite, at the behest of unnamed Treasury officials, allowed AIG and others receiving federal assistance to dole... More »

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Congress • legislation • Chris Dodd • AIG • Treasury Department • bonuses • economic stimulus package • Obama administration

Palin Rejects a Third of Stimulus Cash

Critics say Alaska gov. is turning down funds to further national political career

Mar 20, 09 5:41 AM CDT
(Newser) - Sarah Palin is refusing to accept almost a third of stimulus funds offered to Alaska, the Anchorage Daily News reports. The governor—who can be overruled by the state legislature—says the funds, including $170 million for education, would expand government, but critics charge that she is going against Alaska's... More »

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Alaska • governor • economic stimulus package • Sarah Palin

OPINION

White House Foists Bonus Blame on Dodd

Guilty Obama officials seek to shift AIG fault, press plays along

Mar 18, 09 9:31 AM CDT
(Newser) - The White House is trying to pass the AIG bonus blame to Sen. Chris Dodd, pointing to his hand in an executive-compensation clause inserted into the stimulus bill—and journalists are letting it happen, writes Glenn Greenwald in Salon. Actually, the bonuses were only possible because the Obama administration insisted... More »

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New York Times • Chris Dodd • AIG • bonuses • economic stimulus package • Larry Summers • Timothy Geithner

 Stimulus in Hand, 
 States Race to 
 Start Projects 

NE, CA, MO, and MD all moved immediately with federal dollars

Mar 17, 09 10:46 AM CDT
(Newser) - Four states—Nebraska, Missouri, California, and Maryland—claim to be the first to use their federal stimulus money, the New York Times reports. "Our project is definitely the first one to use shovels," said an official in California, where forest trail work started yesterday. But shovels aside, Missouri... More »

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California • Maryland • Nebraska • Missouri • infrastructure • economic stimulus package

 Scammers Set Sights on 
 Desperate Homeowners 

Calif. AG: Be 'deeply skeptical' of offers to help refinance

Mar 16, 09 2:00 PM CDT
(Newser) - A record 5.4 million homeowners across the country are behind on their mortgages, and scam artists are looking to cash in, the San Francisco Chronicle reports. Ads offering help lowering mortgage payments are everywhere. But these "loan negotiators" usually provide services that homeowners can handle on their own,... More »

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housing market • foreclosure • scam • mortgage rates • refinanced mortgages • economic stimulus package • mortgage delinquency

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