Economic Stimulus, Economic Crisis | featured news

The U.S. Senate went home Thursday night after hours of sometimes acrimonious work without voting on a massive economic recovery plan championed by President Barack Obama.

Moderates work to slash tens of billions of dollars from bill in hopes of attracting bipartisan support.

President Obama said Thursday that the time for talk on an economic recovery package is over and "the time for action is now.".

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.