Feb 26 Watch Obama Administration Rolls Out $3.5 Trillion Budget Plan President Obama's $3.5 trillion federal budget plan for the fiscal year includes both record spending and deficits for a wide range of programs, including health care, education and bank rescues. Kwame Holman reports. Continue watching
Feb 26 Obama’s Budget Proposal Projects $1.75 Trillion Deficit By Admin, PBS News Hour President Obama outlined his first budget plan to Congress with a $1.75 trillion deficit that includes the recently passed stimulus bill, the costs of the wars in Iraq and Afghanistan, funding for health care reforms and other spending. Continue reading
Feb 24 Is There a Connection Between Reducing Taxes and Creating Jobs? By Business Desk Question/Comment: Simple question. President Obama and all members of Congress say the “stimulus bill must contain only monies targeted directly for job creation”. Given that the stimulus bill now has 60 percent allocated for tax reductions, please explain the direct… Continue reading
Feb 17 Should the Government Spend or Give Out Tax Cuts? Editor’s Note: Paul recently answered “Five Good Questions” on the economy for the PBS Engage blog. You will also be able to find those answers here on the Business Desk all week. Question/Comment: There seems to be… Continue reading
Feb 13 Watch Final Stimulus Package Aimed at Jolting Sluggish Economy The stimulus bill neared final approval in Congress Friday after weeks of tough debate. After a recap of the developments, Obama economic adviser Christina Romer discusses the plan. Continue watching
Feb 13 Should the Government Give Money to Consumers to Pay Off Credit Cards, Mortgages? Editor’s Note: Paul recently answered “Five Good Questions” on the economy for the PBS Engage blog. You will also be able to find those answers here on the Business Desk all week. Question/Comment:… Continue reading
Feb 11 Watch Congress Strikes Tentative $789B Deal on Stimulus Plan Congressional leaders announced that they have reached a deal on a stimulus plan Wednesday -- although talks continued late in the day on the bill's final details. The Hotline's Amy Walter discusses the negotiations and Jeffrey Brown reports on the… Continue watching
Feb 06 In Case You Missed It: Bad Bank vs. Good Bank Paul Solman explores a solution to the financial crisis that’s gaining steam: creating “bad banks” and “good banks.” ]>… Continue reading
Feb 05 How Can City, County and State Governments Become Fiscally Sound Again? Question/Comment: Allowing for the current reduction in home valuations and thus reduced property tax revenues generated to local governments in general, what combination of revenue(s) would most likely restore city, county and state governments to fiscal solvency? I understand the… Continue reading
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