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Economic Stimulus Proposals

This section of The Community Investment Network will provide you with up to date news and commentary on the upcoming Economic Stimulus Proposals.

 

 

 

The American Recovery and Reinvestment Act will be carried out with full transparency and accountability -- and www.Recovery.gov is the centerpiece of that effort.

Economic Stimulus Proposals News

States tap stimulus as more U.S. families seek aid

March 12, 2010 By: Reuters

Many states have used funds from the $863 billion U.S. economic stimulus plan to help give a rising number of poor families emergency cash assistance, the Government Accountability Office said on Thursday


Senate votes to extend parts of stimulus plan


March 11, 2010 By: Kansas City Star

WASHINGTON | The Senate voted Wednesday for a $137.9 billion package extending parts of last year’s economic stimulus measure, including help for the jobless and money to help states pay for health care for the poor.


The stimulus and its impact on Black housing


March 10, 2010 By: The Final Call

Equity rich but cash poor Black households hardest hit by the crippling subprime lending scheme have benefitted less than predatory financial institutions from stimulus dollars meant to help them recover, fair lending advocates and loan modification analysts say


Ag. Secretary Vilsack Announces Funding to Promote Job Creation & Economic Development

March 10, 2010 By: USDA

Agriculture Secretary Tom Vilsack announced today that utilities in seven states have been selected to receive funds that will create jobs and new business opportunities in rural America. "Providing community development assistance, education, training and technical support to the residents of rura...


STIMULUS WATCH: Less stimulus for minority firms

March 8, 2010 By: AP

WASHINGTON — Hispanic and black businesses are receiving a disproportionately small number of federal stimulus contracts, creating a rising chorus of demands for the Obama administration to be more inclusive and more closely track who receives government-financed work.


Small Biz: Where’s Our Stimulus?


March 8, 2010 By: Daily News - Memphis

The U.S. government has pumped billions of dollars into the economy to stabilize the banking system and keep money flowing, but not much is trickling down to small-business owners like Mitch Jacobs.


Stimulus funds go to 191 transit projects

March 6, 2010 By: UPI

WASHINGTON-- More than $600 million in funding for 191 new economic stimulus transit projects in 42 states was announced Friday by U.S. Vice President Joe Biden.


Senators seek to block stimulus money for overseas

March 4, 2010 By: AP

WASHINGTON — A group of Democratic senators urged the Obama administration to suspend an economic stimulus program aimed at financing renewable energy, complaining that money is going to projects that are creating jobs in foreign countries.


Stimulus' Failure to Benefit Blacks Sparks Comparison to Days of Jim Crow


March 3, 2010 By: Carolina Peacemaker

WASHINGTON - A little more than a year ago, Feb. 17, 2009, newly inaugurated President Barack Obama took his first corrective action to quell the escalating economic crisis. That action was to sign the American Recovery and Reinvestment Act (ARRA), known as the stimulus bill, a $787 billion package ...


Highway Stimulus Funds Fully Allocated To Recovery Projects, Biden Says

March 2, 2010 By: RTT News

All 50 states have met a federal deadline for highway projects funded by the $787 billion economic stimulus and recovery bill last year.


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Economic Stimulus Proposals Commentary

How to Create 3 Million Jobs With Pencil, Ruler: Kevin Hassett


March 1, 2010 By: BusinessWeek

The way Washington works, something is true today if we thought it was true yesterday and the day before. This is great news for bad ideas. Once a career government official hard-wires a belief into the bureaucracy, it is there forever.


What Exactly Was the Stimulus?

February 26, 2010 By: The Fouindary

Was the stimulus (A) a job creation bill or, (B) a liberal spending wish list? A new Government Accountability Office (GAO) study suggests that option B is closer to the truth. Small wonder it did not bring unemployment down.


Stimulus should put cash in poor pockets - opinion

February 8, 2010 By: Financial Times - UK

On taking office, President Barack Obama’s first move was the $787bn economic stimulus , the largest in American history. There was a classic case for this legislation. In light of the frightening conditions, it was supported by most economists, passed Congress in a month and was seen as the right s...


Explaining the 'stimulus' flop

January 14, 2010 By: OneNewsNow.com

A labor economist says President Obama's economic "stimulus" program has failed because it does nothing to address the main problem that has caused rising unemployment.


White House Changes Stimulus Jobs Count


January 12, 2010 By: ProPublica

When the White House unveiled its nearly $800 billion stimulus package last year, it promised not only to create and save 3.5 million jobs but also to open the books and prove it. But counting jobs turned out to be a lot harder than lining up a work crew and tapping hardhats.


Why The Stimulus Failed

January 11, 2010 By: The Bulletin - PA

The Democratic Party was shaken to its core on Tuesday when Sen. Chris Dodd, D-Conn., Sen. Byron Dorgan, D-N.D., and Gov. Bill Ritter, D-Colo., announced they would not run for re-election in 2010, all on the same day.


Jobs Bill = More Stimulus - Editorial

January 8, 2010 By: Greg Udelhofen, For Construction Pros

While we wait for reauthorization of a federal surface transportation program, Congressional leaders continue debate (mid-December) over proposed health care reform as mounting pressure to stimulate the economy and create jobs puts their multitasking ability to the test.


SC “Stimulus” Spending Tops $1 Billion

January 7, 2010 By: Fitnews.com

Because we hate skyrocketing debt, the perpetuation of government failure and the economic impotence of the massive bureaucratic bailout that’s currently masquerading as an “economic stimulus” in South Carolina, we decided to approach one of its key milestones a bit differently than all of the pro-g...


Editorial: Stimulus II is too much

January 6, 2010 By: Philadelphia Inquirer

Less than a year after approving a $787 billion plan to fight the recession, Congress is poised to spend another $174 billion for the same purpose.


How Obama Can Create Jobs and Decrease Unemployment

January 5, 2010 By: The Huffington Post

With the nation's unemployment rate at 10 percent, the highest in a generation, President Barack Obama could learn a thing or two about job creation by heading down Pennsylvania Avenue to the Smithsonian American Art Museum.


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