Status Quo Ahead
A little over a year ago the new President and his party passed a bill called the American Recovery and Reinvestment Act or as it is popularly known, the stimulus bill. The spending in this bill was intended to offset the effects of the recession caused by the financial crisis. While there is no way .. read more
On June 13th, 2010,
posted in: Markets by Joseph Y. Calhoun Tags: american recovery and reinvestment act, companies hoarding cash, company assets held in cash, corporations cash, federal reserve, investment, reform the federal reserve, stimulus bill
Stimulus Package Details
Updated: 2/14 Feb. 12 – Details of the final version of the stimulus package have been released. The final price tag would come out to about $789 billion, broken down to roughly $282 billion in tax changes (I will not call them tax cuts because most of them aren’t) and $507 billion in spending. What .. read more
On January 15th, 2009,
posted in: Economy by Joseph Y. Calhoun Tags: $800 billion plan, american recovery and reinvestment act, compromise, house bill, infrastructure, obama stimulus package, senate bill, spending, stimulus package details, stimulus plan, tax credits, tax cuts, tax rebates
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