In budget blueprints they plan to formally release Wednesday, House and Senate Democrats said they plan to cut billions from President Obama's spending request while preserving some of his most significant domestic programs.
German economic minister Karl-Theodor zu Guttenberg speaks with Paul Solman about the country's view on economic stimulus measures and how Europe is handling the global financial crisis.
By Admin, PBS NewsHour
Grover "Russ" Whitehurst is a Brookings Institute Senior Fellow and a former official with the U.S. Department of Education. In this Q&A, he explains how the stimulus funds will make their way to local projects, particularly for school programs.
By Admin, PBS NewsHour
Hoping to cement a strategy that protects the $787 billion stimulus bill from waste and fraud, state and federal officials testified before the Committee on Oversight and Government Reform Thursday about how to track and prevent wasteful spending.
In the day's other news headlines, Wall Street rallied after the Fed announced more funds to stimulate the economy and Vice President Joe Biden warned county and city officials not to squander stimulus funds.
With billions of dollars paid out or promised for financial industry bailouts and the stimulus bill -- and more requests on the way -- Paul Solman looks at where the government is getting the money to pay for the rescue…
By PBS NewsHour
China's Premier Wen Jiabao expressed concern Friday about China's massive holding of U.S. debt and Treasuries, appealing to U.S. leadership to make moves to restore economic health and insure the value of China's holdings.
By Business Desk
Question: Is it realistic for the president to cut the deficit in half in four years, even while spending on the war [in Iraq] and moving [troops] to Afghanistan? Paul Solman: The skepticism seems clear and well-taken. The most important…
World markets reacted positively to news of China's planned stimulus, and a suicide bomber targeted a U.S. air base in Afghanistan. Jim Lehrer recaps the day's other news headlines, including a report from Margaret Warner in Afghanistan.
Question: With as much debt as our government is in, does the FDIC really make my bank deposits safe? And if the FDIC had to pay millions of…
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