Recovery Act

How Many Jobs Will Obama-GOP Tax Cut Deal Create?

The tax cut compromise between Obama and the GOP is now being touted as a back-door stimulus plan, one that some economists predict will create or save 3.1 million jobs. Unfortunately, the model on which those forecasts are based makes some flawed assumptions.

2010 U.S. Budget Deficit Comes in Below Expectations

Investors received another sign Friday that the U.S. economy is continuing to heal: The 2010 U.S. budget deficit came in at a smaller-than-predicted $1.29 trillion. Though it was still the second-highest deficit on record, the numbers reflect growth in tax revenues, and thus in the economy.

D.C. Power Couple Tells Solar Confab How to Pitch to GOP

Republicans can be friendly to solar energy -- just don't use the terms "recovery act" or "stimulus package" when lobbying them for government subsidies. That was the message from GOP political adviser Mary Matalin at the largest solar conference in the country on Thursday.

White House: Fed Plan Saved Millions of Jobs

The White House released a report on Wednesday that estimates the American Recovery and Reinvestment Act is responsible for creating or saving as many as 3.6 million jobs and adding up to 3.2 percentage points to the nation's GDP.