Economic Stimulus, Economy | featured news

Senior Republican senators warned on Sunday their party was unlikely to back President Barack Obama's economic stimulus bill without changes to cut waste and to ensure the nearly $900 billion package promptly boosts the faltering U.S. economy.

Most Republican governors have broken with their GOP colleagues in Congress and are pushing for passage of President Barack ...

President Barack Obama promised on Saturday to help lower Americans' mortgage costs with a new plan, coming soon, that would revive the financial system and "get credit flowing again."

A requirement that most stimulus-funded projects use only U.S.-made gear and goods is shortsighted, knee-jerk protectionism.

Republicans in the Senate accepted on Thursday President Barack Obama's offer to search for a compromise on an economic stimulus bill that could end up costing around $900 billion, as long as tax cuts play a large role.

If you only read one critique of the stimulus plan today, check out the Journal's editorial, which concludes that of the $825 billion that's being spent, only 12%, or $90 billion, could legitimately be considered stimulative.

The President 's expansive and expensive plan to jump-start the economy is all but certain to clear its first hurdle when the Democratic-controlled House votes on a $825 billion version later today.

President's advisers debate perilous choices to right economy, all of which may prove unpopular and even carry a significant risk of failure.

In a rare move, the president was meeting with the Republican conference in an effort to draw support for his $825 billion economic stimulus plan.

Republicans plan to test President Barack Obama’s commitment to bipartisanship as his $825 billion stimulus package heads to the floor of the House of Representatives this week, with the House Republican leader saying Sunday morning that many in his party will vote no unless there are significant changes to the plan.