Economic Stimulus, Economy | featured news

The vice president says when it comes to spending money from the $787 billion economic stimulus package, 'I'll show up in your city, and tell you it was a stupid idea.'

President Obama and Treasury Secretary Tim Geithner on Monday will announce administration plans to make lending to small businesses more attractive, two senior administration officials said.

One of President Obama's top economic advisors said today that there were already signs that the $787-billion stimulus plan was helping the economy but that it was far too early to reach broad conclusions about how successful it would be.

U.S. House of Representatives Speaker Nancy Pelosi poured cold water on the idea of another economic stimulus package on Thursday amid suggestions that some Democrats had already begun work on one.

Some Democrats are increasingly concerned about President Obama's $787 billion financial fix for the ailing economy, and are demanding greater transparency on further spending.

Investors have largely panned the stimulus package that President Obama signed into law last month. But stimulus in China? Now that's a different story.

Nine states are considering rejecting federal stimulus money meant to extend unemployment benefits.

Five weeks into an administration already marked by dramatic highs and lows, President Obama sounded a note of hope at a time of crisis tonight, delivering an address to a joint session of Congress heavily focused on the ailing economy and how to fix it.

President Obama was expected to appeal to the determination and optimism of the American people on Tuesday evening.

U.S. President Barack Obama sought on Monday to bolster political support for the $787 billion economic package, telling the nation's governors that the money would go out quickly and be spent wisely.