Dec 03 Obama Hears Ideas for Job Creation at Summit By Carolyn O'Hara As CEOs, labor leaders, and economists gather at the White House Thursday to discuss how to accelerate U.S. job creation, their challenge is tackling double-digit unemployment while keeping the deficit under control. 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 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
Jan 28 House Passes $819 Billion Economic Stimulus Plan By Admin, PBS News Hour The Democratic-controlled House of Representatives passed President Barack Obama's $819 billion economic stimulus package by a vote of 244-188 Wednesday, with Republicans unanimous in opposition. Continue reading
Jan 17 Quick Implementation Best for Economic Boost, Fed Chair Says By Admin, PBS News Hour Federal Reserve Chairman Ben S. Bernanke told lawmakers Thursday it is "critically important" that an economic stimulus package take effect quickly to ward off a recession, recommending the government get cash into peoples' hands as soon as possible. Continue reading
Dec 14 It is often said that tax cuts help the economy because the taxpayer spends the money. I do not see how that works. Question/Comment: It is often said that tax cuts help the economy because the taxpayer spends the money. I do not see how that works. After all, the government spends money, too. So what does it matter who spends the money?… Continue reading
May 23 Watch Soldiers, Families Paying Price of Iraq War In a follow-up to his report on the financial costs of the war, NewsHour economics correspondent Paul Solman looks into who in America is paying the price. Continue watching
Feb 05 Watch President Bush Sends Congress Budget Plan President Bush sent Congress a proposed $2.9 trillion spending blueprint, which includes $245 billion for military efforts in Iraq and Afghanistan. White House budget Director Ron Portman and Senate Budget Committee Chairman Kent Conrad, D-N.D., debate the numbers. Continue watching
Jul 11 Watch Economists Divided over Impact of Improved Deficit Numbers President Bush said larger than expected tax revenue has cut the federal deficit, validating his tax cuts. Former Labor Secretary Robert Reich and Wall Street Journal writer Stephen Moore debate what the new numbers mean for the health of the… Continue watching