stimulus money

Exclusive: Alleged Beauty Queen Fraudster Speaks Out

It can be tough to reconcile the two images of Juliette Kimoto: Mrs. Nevada 2006 and stay-at-home mom; and Internet scammer whom the FTC says ran a $30 million con. In our exclusive interview, she tells her side of the story, both pointing the finger at her ex-husband and defending what he did as just "marketing."

Former Beauty Queen Accused of Scamming Thousands

When Juliette Kimoto took to the stage to accept her crown as Mrs. Nevada in 2006, she seemed an obvious fit for the coveted pageant title. What she declined to mention, however, was that she was also engaged in an online operation that would eventually rob tens of thousands of people of $30 million.

Stimulus Program Sent Checks to 89,000 Dead, Incarcerated People

The federal government sent out checks to 89,000 dead or incarcerated people in 2009 as part of the $814 billion stimulus program, a watchdog reported. One component of the stimulus plan was the distribution of $13 billion by the Social Security Administration, The Washington Post said. The money was to go to 52 million eligible beneficiaries in checks of $250 each.

Stimulus Lifts Construction Spending in August

Boosted by government projects, construction spending unexpectedly rose 0.4% in August. Though a single monthly gain hardly means the sector%u2019s long contraction is over, the data does hint that the period of large, monthly construction spending declines may be ending.

Obama Pushes His New Stimulus Plan

President Obama is speaking in Cleveland Wednesday, laying out more details of his plan to get the economic recovery back in gear: $50 billion for infrastructure spending; a $100 billion R&D tax credit; and $200 billion to induce U.S. companies to make capital improvements now rather than later.

Obama Not Considering Second Stimulus Package

The Obama administration is not considering a second stimulus package as it seeks ways to jump-start the flagging U.S. economy. Obama said Monday that he is considering measures including tax cuts for businesses and investments in infrastructure and clean energy in a bid to lower the U.S. unemployment rate, Reuters reported.

Stimulus Helped the Economy, but It Won't Matter in November

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.