iOS app Android app

Second Stimulus

Michael Bennet Opposed Obama's Proposed $50 Billion Infrastructure

POLITICO | MEREDITH SHINER | Posted 05.25.2011 | Denver

Sen. Michael Bennet (D-Colo.), a politically vulnerable Democratic senator, is bailing on President Barack Obama's $50 billion infrastructure spending...

Why Another Stimulus WON'T Be Enough

Mohamed A. El-Erian | Washington Post | Posted 05.25.2011 | Business

In sum, the current policy approaches here and abroad are unlikely to deliver a durable and robust U.S. recovery and, critically, create sufficient gr...

Larry Summers, Obama's Top Economic Adviser, Makes The Case For Another Round Of Stimulus Spending

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

In a speech yesterday at Johns Hopkins University, Larry Summers, President Obama's top economic adviser, made the case for increased spending to stim...

Second Stimulus? Obama's Package May Be A Stimulus By Another Name

salon.com | Andrew Leonard | Posted 05.25.2011 | Business

Call it the the stimulus that dare not be named. Bloomberg reports that the Obama administration is considering "a mix of spending programs and tax cu...

New Consensus Sees Stimulus Package As Worthy Step: NYT

nytimes.com | JACKIE CALMES and MICHAEL COOPER | Posted 05.25.2011 | Business

Now that unemployment has topped 10 percent, some liberal-leaning economists see confirmation of their warnings that the $787 billion stimulus package...

Public Spending Still Key to Economic Recovery

Mark Weisbrot | Posted 05.25.2011 | Business
Mark Weisbrot

For conservatives to insist that we now rely only on the private sector for economic recovery is a bit like Bernie Madoff starting a new mutual fund from prison with the slogan, "trust me."

Ryan Grim

Nelson On Board For Second Round Of Spending

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

Throughout last winter, Sen. Ben Nelson, the Nebraska Democrat, was trailed through the Capitol by reporters curious where he stood on the amount of s...

Joseph Stiglitz: US Economy May Contract Next Year

Posted 05.25.2011 | Business

(AP) -- Nobel Prize-winning economist Joseph Stiglitz warned there's a "significant" chance the U.S. economy will contract in the second half of next ...

Hard Labor

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

There are three parts to the woes of American workers -- falling wages, rising unemployment, and insecurity about the future. More robust policies could improve all three.

Economists Say Second Stimulus Not Needed

Reuters | Posted 05.25.2011 | Business

WASHINGTON (Reuters) - The U.S. economy does not need a second fiscal stimulus package, instead the government should cut spending over the next two y...

Second Stimulus: GOP Unifies Against More Spending

AP | Philip Elliott, Associated Press Writer | Posted 05.25.2011 | Business

WASHINGTON (AP) -- Republicans lined up Sunday in opposition to a second economic stimulus package, a rare demonstration of unity from an out-of-power...

Obama: We Don't Need A Second Stimulus

AP | MATT APUZZO | Posted 05.25.2011 | Politics

(AP) WASHINGTON — President Barack Obama on Saturday dismissed the idea the nation might need a second stimulus to jolt the economy out of reces...

Warren Buffett Backs Second Stimulus, Criticizes Plan To Buy Wall Street's 'Toxic Assets' (VIDEO)

Posted 05.25.2011 | Business

Renowned investor Warren Buffett gave tacit approval to a second stimulus package in an interview today with "Good Morning America." Buffett criticiz...

Second Stimulus: How Would It Go Down?

Slate Magazine | Christopher Beam | Posted 05.25.2011 | Business

Rumblings about a second stimulus package began over the weekend, when Vice President Joe Biden told George Stephanopoulos on This Week that the admin...

Obama Adviser Says Second Stimulus Needed2

bloomberg.com | Shamim Adam | Posted 05.25.2011 | Business

July 7 (Bloomberg) -- The U.S. should consider drafting a second stimulus package focusing on infrastructure projects because the $787 billion approve...

Sheldon Whitehouse: Second Stimulus "Probably Needed"

ABC News | Posted 05.25.2011 | Politics

As job losses mount, Democrats are growing impatient about the impact of the massive stimulus package passed earlier this year, with talk beginning on...

House Dems Deny Rumors Of Second Stimulus

CNN | Posted 05.25.2011 | Politics

House Democratic aides denied Wednesday that work is already underway on a second stimulus package....

Obama Urges Other Nations To Take Stimulus Action

AP | Posted 05.25.2011 | Politics

WASHINGTON - President Barack Obama called Wednesday for international allies to sign on to more aggressive steps to jump-start their own economies, w...

Nancy Pelosi Open To A Second Stimulus

Politico | Posted 05.25.2011 | Politics

House Speaker Nancy Pelosi said Tuesday she is open to introducing a second stimulus bill, but it's too early to determine the size of such a package ...

Second Stimulus May Be Inevitable

The Huffington Post | Rachel Weiner | Posted 05.25.2011 | Politics

ABC News' George Stephanopoulos suggests in a blog post Monday that a second stimulus bill might be necessary, and indeed, there's plenty of evidence ...