Economic Recovery Measures
Latest
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Reports Roundup
Read moreA number of very interesting and relevant government reports have come out this week. Check them out: GAO: Recovery Act: Recipient Reported Jobs Data...
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Will TARP be Renewed?
Read moreUPDATE: Treasury Secretary Geithner testified on Nov. 19 before the Joint Economic Committee, stating that "we are winding [TARP] down and will close...
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Several Executives Predict Third Stimulus
Read moreSeveral executives from General Electric and Bank of America Merrill Lynch said early this week in a BofA Merrill Lynch webcast that they see Congress...
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Three More FDIC Bank Closings
Read moreOn Friday evening, the FDIC reported that it has taken over an additional three banks ( Pacific Coast National Bank, Orion Bank, Century Bank) for a...
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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 applauds the House and Senate Finance bills for...
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FDIC to Collect Three Years of Premiums in Advance
Read moreThe FDIC has just adopted a rule to require banks to pay at the end of 2009 the amount they would owe the FDIC for insurance premiums over the next...
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Administration Claims Extra TARP Cash Is Deficit Reduction
Read moreThis morning, a Wall Street Journal article reported that the White House intends to use some of the remaining TARP cash for deficit reduction, while...
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Gaps Return to State Budgets
Read moreIn a recent report from the Center on Budget and Policy Priorities (CBPP), mid-year budget shortfalls, totaling $16 billion or 4 percent of these...
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Bill to Extend Key Stimulus Measures Becomes Law
Read moreOn Friday, the President signed into law a bill to extend several notable provisions under February's American Recovery and Reinvestment Act. The bill...
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Treasury Ends Capital Assistance Program
Read moreYesterday, the Treasury announced that the Capital Assistance Program (CAP), one of TARP’s several programs, will close, having made no investments...
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Five More FDIC Bank Closings
Read moreOn Friday evening, the FDIC reported that it has taken over an additional five banks ( United Commercial Bank, Gateway Bank of St. Louis, Propseran...
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Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: The Washington Post criticized the House health care bill because...