Economic Recovery Measures
Latest
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Fed Exit Strategy: Reverse Repos
Read moreHow and when the Fed will unwind the massive amounts of liquidity it has provided to shore up the financial system and economy? Will the Fed be able...
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Obama Puts Forth Jobs Plan
Read moreToday, in a speech at the Brookings Institution, President Obama outlined a strategy designed to accelerate job growth. In particular, he outlined...
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TARP: Offset or Gimmick?
Read moreIn his speech today, President Obama proposed reducing the amount of money available in the TARP fund to pay for the new stimulus measure. When TARP...
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Six More FDIC Bank Closings
Read moreOn Friday evening, the FDIC reported that it has taken over an additional six banks ( Greater Atlantic Bank, Benchmark Bank, AmTrust Bank, The...
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Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times applauded a CBO estimate that under the health...
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TARP Winding Down as BofA Says It Will Repay Aid
Read moreSecretary Geithner recently said that the Administration will outline its exit strategy for TARP in the next few weeks, but the expiration date has...
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CBO Report Discusses ARRA Effect on Jobs, GDP Growth
Read moreThe Congressional Budget Office has come out with a report estimating the impact of the American Recovery and Reinvestment Act on employment and...
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Stimulus COBRA Subsidies Begin Expiring
Read moreToday, federal COBRA subsidies that help unemployed workers purchase health insurance from their former employers begin expiring. February’s stimulus...
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Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: The Wall Street Journal calls the pharmaceutical industry foolish...
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FDIC Deposit Fund Turns Negative
Read moreYesterday, the FDIC reported that the deposit insurance fund fell below zero for the first time since the third quarter of 1992 (during the savings...
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Federal Officials Pressure ‘Pay Czar’ to Ease Pay Restrictions at AIG
Read moreWorry about the government’s investment in AIG has prompted some federal officials to call for easing the restrictions on pay at AIG for 2010, the...
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One More FDIC Bank Closing
Read moreOn Friday evening, the FDIC reported that it has taken over an additional bank ( Commerce Bank of Southwest Florida) for a cost to the FDIC of around...