Economic Stimulus, Bailouts | featured news

When auto shutdown loomed, Ryan backed off fiscal hawk stance

When General Motors announced in 2008 that it would shut down its assembly plant in Janesville, Wisconsin, local Representative Paul Ryan leaped into action.

Senh: Paul Ryan was in favor of the auto industry bailout and the economic stimulus. Why the hell is he attacking Barack Obama on those issues, then? What a hypocrite.

 

Financial Rescue Gets Overhaul

Obama's new Treasury chief favors aggressive use of all available tools to bolster the U.S. economy.

 

House gives symbolic thumbs-down on TARP cash

In a symbolic gesture of dissatisfaction with the government's attempts to stabilize the financial system, the U.S. House of Representatives voted 270-155 on Thursday against releasing a second allotment of $350 billion to the Troubled Asset Relief Program, or TARP.

 

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