arra
| 7:00AM 9/01/2010
Economists say the Obama administration's stimulus program actually saved the country's economy from plunging into the Great Depression 2.0. Yet that news will likely fail to sway voters who believe the current administration didn't do enough to support the economy.
| 11:00AM 3/05/2010
In February 2009, Congress voted in the American Recovery and Reinvestment Act of 2009. A significant part of the ARRA was the Making Work Pay Credit, but there was one catch: Retirees, veterans, and the disabled were not eligible for the credit. Instead, Congress elected to authorize one time...
| 4:30PM 2/11/2010
There's finally some good news to report on the job front. In January, the national unemployment rate dropped to 9.7%, the lowest since August 2009. And the news got even better last week when the Labor Department reported that there were 440,000 initial jobless claims filed in the week ended...
| 3:00PM 2/09/2010
After the popular "stimulus checks" issued as part of efforts to jump start the economy in 2001 and 2008, many taxpayers were again looking forward to a check in 2009. This year, however, checks weren't in the cards for most Americans.
Most of the taxpayer relief for American Recovery and...
| 12:30PM 11/19/2009
Jobless workers who saw the clock ticking on their unemployment benefits likely breathed a sigh of relief earlier this month after Congress overwhelmingly agreed to extend unemployment insurance payments for as many as 20 weeks. But a nonprofit labor watchdog warns that millions are still at risk...
| 2:30PM 11/17/2009
Headlines across the country are blasting that millions of taxpayers may owe come tax time because "the government was too generous with their new Making Work Pay tax credit," as the New York Daily News put it. It sure makes for dramatic news coverage... only it's not quite right. The government...
| 1:00PM 10/09/2009
The cornerstone American Recovery and Reinvestment Act, signed into law in February, contained a key provision to help the newly unemployed keep their employer-sponsored health-care plans. Most employees who lose their jobs can keep coverage for up to 18 months, under the Consolidated Omnibus...
| 1:00PM 3/27/2009
After several weeks of preparation, some federal agencies have begun to dribble out ARRA stimulus money to projects near and far. A sample of the handouts just announced:
$535 million loan guarantee from DOE to Solyndra, Inc. to build and market cylindrical solar panels in California. Solyndra...
| 12:00PM 3/18/2009
President Obama promised that the American Recovery and Reinvestment Act (ARRA) would have a verdant hue, and the stimulus package indeed came wrapped in green. The money for eco-friendly programs is spread among a number of government agencies, and provide a variety of ways to use this funding to...