The House Moved Fast!
That economic stimulus package (mentioned here just a couple of hours ago) got turned around quick in the House! Looks like we’ll be seeing some cash. I just want to know when they want it back. Daniel Gross at Newsweek doesn’t think it will work. ...Senate Passes Stimulus Package – House To Work Quickly On Approval
The US Senate passed a stimulus package a short while ago. From the Wall Street Journal: The Senate passed an economic rescue plan that would speed $600 to $1,200 in rebates to most taxpayers and $300 checks to low-income people, including disabled veterans and the...Without Fred, What’s Next?
I’ve already read a number of strong and thought provoking comments around various blogs as people have anticipated (prior to yesterday’s announcement) and reacted to Fred’s departure from the race. There is significant support for Fred’s...Fed Cuts Key Rate 3/4 Points
Wow, the Federal Reserve has reacted dramatically to the global markets spinning out of control. According to KCCI TV’s web site this morning, the Fed lowered the federal funds rate to 3.5%: In a statement on its Web site, the Federal Reserve took the action in...$145 Billion… for YOU!
From the New York Times: WASHINGTON — President Bush called Friday for roughly $145 billion in tax relief for individuals and businesses that he said would “provide a shot in the arm†for the economy, while Congressional Democrats, in a rare show of Washington...Stay in Touch
