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The Economic Report of the President
On Monday Dr. Edward Lazear, Chairman of the President's Council of Economic Advisers, released the Economic Report of the President for 2008. This traditionally is released a week after the President's Budget. It describes the [...]
Debt and the real threat
Monday the President proposed his budget for Fiscal Year 2009. This is the first "e-Budget" - it was transmitted electronically as an official document to the Congress, and was digitally signed by the Executive Clerk. [...]
Extending unemployment insurance
Some have been arguing that the growth package should extend the availability of unemployment insurance (UI) benefits. I'd like to cover three points in response: Unemployment benefits have never before been extended when the unemployment [...]
Stimulus 2008: a need for speed
The House passed the bipartisan growth bill (aka the "stimulus bill") yesterday on an overwhelming 385-35 vote. 93% of Democrats and 85% of Republicans voted aye. That vote is a direct result of the cooperation [...]