Feb 05 Negotiations Continue on Senate Stimulus Plan By Admin, PBS News Hour President Barack Obama urged lawmakers to act quickly on his economic stimulus package Thursday, telling reporters that the time for talk on the proposal is over and "the time for action is now."… Continue reading
Feb 05 Why Do We Encourage Mergers of Large Companies? Question/Comment: We live in a time of unparalleled economic crisis; a time when failure of a large company such as GM or a large financial institution could have catastrophic effects throughout the county and beyond. Why does our government allow… Continue reading
Feb 04 After SCHIP Bill Signing, Major Health Challenges Will Persist for Kids By PBS News Hour After a long, uphill battle and two presidential vetoes, a bill extending health coverage to millions of low-income children was signed into law by President Barack Obama Wednesday. Continue reading
Feb 04 House OKs Delaying Digital TV Switch Until June By PBS News Hour The country's transition to digital television is being postponed until June 12, following a vote in the House of Representatives that sends the bill to the White House, where President Barack Obama is expected to sign it. Continue reading
Feb 04 Obama's Remarks on Executive Compensation By PBS News Hour President Barack Obama and Treasury Secretary Timothy Geithner imposed tough rules Wednesday to rein in corporate pay, capping executive compensation at $500,000 a year for companies getting taxpayer funds. Here are the president's prepared remarks:… Continue reading
Feb 04 Obama Links $500,000 Executive Pay Cap to Bailout Funds By Admin, PBS News Hour President Barack Obama and Treasury Secretary Timothy Geithner announced Wednesday a pay cap of $500,000 for top executives at companies that receive federal dollars under the Troubled Asset Relief Program for struggling banks and corporations. Continue reading
Feb 04 Will a Stimulus Fix Our Problems? A question from various sources: “Will a stimulus fix our problems?” Paul Solman: Let’s begin with a prior question: What’s the economic justification for a stimulus? The answer is that an economy’s annual output — its Gross Domestic Product (… Continue reading
Feb 03 Watch Spending, Tax Cuts in Stimulus Package Provoke Fierce Debate in Senate Opponents of the stimulus package moving through the Senate are skeptical of the bill's increasing size, and of certain proposals they claim would not effectively boost the economy. Senators Jack Reed and John Thune debate the measure. Continue watching
Feb 03 Watch Tax Lapses Derail Daschle and Killefer Nominations Two prominent Obama nominees, Tom Daschle and Nancy Killefer, withdrew their nominations Tuesday over controversies surrounding tax lapses. Political reporters mull the impact. Continue watching
Feb 03 Obama Names GOP's Gregg for Commerce Post By PBS News Hour President Barack Obama named a third prominent Republican to his Cabinet Tuesday, selecting Sen. Judd Gregg of New Hampshire as his replacement pick for commerce secretary. Continue reading