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Political Economy Archive: Budget and fiscal policy

Before grilling SEC chair, did Issa offer new view on agency's budget?

Before lawmakers grilled SEC Chairwoman Mary L. Schapiro on Thursday on whether she mishandled of a conflict of interest, one of her leading critics chatted amiably with her and shared some sympathetic words.

By David S. Hilzenrath  | March 11, 2011; 3:07 PM ET  |  Permalink  |  Comments (0)
Categories:  Budget and fiscal policy, Congress, SEC  
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Wisconsin governor signs bill slashing union rights for public workers

Wisconsin Gov. Scott Walker signed a highly contested bill Friday morning that takes collective bargaining rights away from most of the state's public employees. He also rescinded layoff notices for about 1,500 state workers.

By Peter Whoriskey  | March 11, 2011; 11:33 AM ET  |  Permalink  |  Comments (10)
Categories:  Budget and fiscal policy, States  
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Explore projected spending in Obama's budget

Interest payments on the national debt are projected to quadruple over the next decade, surpassing spending on Medicaid, Medicare and domestic programs. Explore the government's projected spending through this interactive chart:

By Ariana Eunjung Cha  | February 17, 2011; 10:13 AM ET  |  Permalink  |  Comments (50)
Categories:  Budget and fiscal policy, White House  
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Jobless rate drops to 9.4 percent

U.S. employers added 113,000 private-sector jobs in December, the Labor Department reported Friday, fewer than analysts expected. But the unemployment rate dropped from 9.8 to 9.4 percent--the lowest level since May, 2009. Economists had expected the report to show significantly...

By Debbi Wilgoren and Neil Irwin  | January 7, 2011; 8:50 AM ET  |  Permalink  |  Comments (58)
Categories:  Budget and fiscal policy, U.S. Labor Department, Unemployment  
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GM says its IPO will be priced at $33 a share

General Motors said that it will price its stock at $33 a share for its initial public offering on Thursday, setting it up to be one of the biggest IPOs in history in a remarkable turnaround for the beleaguered auto giant. The total offering size could be as large as $23.1 billion, according to GM in an announcement late Wednesday. At that amount, counting sales of preferred shares, the GM IPO would be the largest ever in the world.

By Jia Lynn Yang  | November 17, 2010; 7:10 PM ET  |  Permalink  |  Comments (37)
Categories:  Auto industry, Budget and fiscal policy, Corporations  
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Exiting Romer to call for more spending

In her final speech as White House chief economist, Christina Romer on Wednesday will call on Congress to summon the political will to approve additional spending on the economy.

By Lori Montgomery  | September 1, 2010; 8:59 AM ET  |  Permalink  |  Comments (7)
Categories:  *Economic agenda, Budget and fiscal policy, Federal Reserve, U.S. Economy, Unemployment  
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