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Capitol Briefing Archive: Economy Watch
House rejects using TARP funds for debt payments instead of jobs
The House on Friday voted down a GOP-lead effort to prevent leftover funds from last year's financial sector bailout from being used for job creation, an approach the Obama administration and congressional Democrats have signaled they favor.
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Web Politics Editor
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December 11, 2009; 4:03 PM ET |
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House shifts focus to 'jobs, jobs, jobs, jobs'
Now that they've finished their health-care bill, House leaders are turning their attention to the soaring unemployment rate. But don't look for another economic stimulus package. This time, House leaders said, they want to put together a "jobs bill."
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Kendra Nichols
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November 17, 2009; 12:47 PM ET |
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Congress passes bill extending unemployment insurance, home buyer tax credit
By Perry Bacon Jr. and Dina ElBoghdady Congress on Thursday completed final approval of a bill that includes several measures designed to spur the economy and help people who have lost their jobs, representing its latest intervention as the country suffers through its worst recession in decades. The $24 billion...
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Web Politics Editor
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November 5, 2009; 3:59 PM ET |
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Senate passes bill extending homebuyer tax credit, unemployment benefits
Updated 7:22 p.m. By Perry Bacon Jr. The Senate on Wednesday approved a bill that extends several measures designed to spur the economy and help people who have lost their jobs, including a provision that will extend unemployment benefits for up to 20 weeks in states with high unemployment rates....
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Perry Bacon Jr.
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November 4, 2009; 6:30 PM ET |
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National Debt Cap Will Need to Rise, Treasury Predicts
By Lori Montgomery Congress will be forced to raise the legal limit on the nation's credit card sometime later this year, Treasury officials reported Wednesday, focusing additional attention on the expanding national debt just as lawmakers expect to be putting the finishing touches on President Obama's trillion-dollar overhaul of the...
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Web Politics Editor
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August 5, 2009; 10:59 AM ET |
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'Cash-for-Clunkers' Program Runs Out of Gas
By Ben Pershing, Dana Hedgpeth and Sholnn Freeman Transportation Secretary Ray LaHood called members of Congress on Thursday to inform them that the "cash for clunkers" program will be suspended at midnight because the program has run out of money, congressional sources said. Members of the House and Senate from...
By
Ben Pershing
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July 30, 2009; 8:51 PM ET |
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