In a new paper released Wednesday, entitled “How the Great Recession Was Brought to an End,” prominent economists Alan Blinder and Mark Zandi say the stimulus, stress tests, emergency Federal Reserve maneuvers and Troubled Asset Relief Program saved the…
Via Ezra Klein, Bruce Bartlett argues that state budget shortfalls and ensuing cuts to staff and services clearly cancel out the benefits of the federal stimulus spending and that “economists will view this as a preventable error equivalent…
Colorado Consumer Health Initiative is warning that unless Congress acts this week to extend unemployment health care coverage, or COBRA benefits, as part of the federal stimulus package, half a million Coloradans will lose their coverage in the next year.…
The economy added 431,000 jobs last month, dropping the national unemployment rate from 9.9 percent to 9.7 percent, the Department of Labor Statistics announced this morning.
But Republicans, who a month ago were saying that they’d recognize progress…
GOP gubernatorial candidate Dan Maes this week said that if he is elected governor Colorado will not accept federal money if it comes with any strings attached.
“They say, ‘here is $500 million but you have to make motorcycle riders…
LONGMONT– Vice President Joe Biden here Friday made a strong case for the stimulus program and the need for a full-throttle green energy program, which he said were inextricably linked. “Some say we shouldn’t use tax dollars to provide seed money for green energy, but wouldn’t it be a bitter irony if we got off of foreign oil only to be tethered to foreign technologies in clean energy?”
The White House Council of Economic Advisers have released their latest quarterly report on the stimulus and estimated that the American Recovery and Reinvestment Act has increased total employment by between 2.2 and 2.8 million jobs — with…
DENVER–Members of Colorado Tea Party and 912 groups and the libertarian think tank Independence Institute attended a “grassroots session” and rally sponsored by Americans For Prosperity at the Capitol Wednesday. The activists met with GOP lawmakers for a strategy session in the Old Senate chambers and then gathered on the capitol steps. The rally lured a familiar group of Republican lawmakers, led this time by Yuma state Rep. Cory Gardner, who is also running to represent the Fourth Congressional district in Washington.
WASHINGTON– Sen. Jim Bunning’s (R-Ky.) recent one-man stand against legislation extending unemployment benefits offered a high-profile airing of a popular GOP message: Deficit spending, in almost any form, will cause more harm than good to a fragile economy. Standing in the way of the Republicans’ reasoning, however, has been another formidable group: budget experts.
WASHINGTON– To hear Republicans in Congress tell it, the Grand Old Party is pretty much united against the deficit-spending approach to economic recovery. Don’t tell that to local GOP officials.
Faced with the most severe budget crises in decades, state and local policymakers from across the country — including a growing list of prominent Republicans — have been only too happy to accept the additional federal funding that accompanied last year’s $787 billion stimulus bill. Not only did that money prop up job markets, many say, but it kept social-service programs running strong during a period of greatest need. They don’t see stimulus spending as indebting the future. They see it as an investment in the future.
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