With job losses soaring nationwide, Senate Democrats reached agreement with a small group of Republicans Friday night on an economic stimulus measure at the heart of President Barack Obama's plan for combatting the worst recession in decades. ...more

February 6, 2009

In an uncertain reach across party lines, Senate moderates struggled for a compromise on economic stimulus legislation Thursday as the government spit out grim new jobless figures and President Barack Obama warned of more bad news ahead. ...more

February 6, 2009

A bipartisan group of senators took charge of the debate over the roughly $900 billion economic stimulus plan on Thursday, and was working furiously in backroom negotiations to cut the cost of the package. Senate Democratic leaders said they would await outcome of those talks before pushing for a final vote on the measure. ...more

February 6, 2009

The proposal would allow a tax credit of 10 percent of the value of new or existing residences, up to a $15,000 limit. ...more

February 5, 2009

The Senate voted Tuesday to give a tax break to new car buyers, setting aside bipartisan concerns over the size of an economic stimulus bill with a price tag edging above $900 billion. The 71-26 vote came as President Barack Obama said he lies awake nights worrying about the economy and signaled he'll try to knock out "buy American" provisions in the legislation to avoid a possible trade war. ...more

February 3, 2009

Throughout 2008, Larry Summers, the Harvard economist, built the case for a big but surgical stimulus package. Summers warned that a "poorly provided fiscal stimulus can have worse side effects than the disease that is to be cured." So his proposal had three clear guidelines. ...more

February 1, 2009

Is the president prepared to nationalize the nation's banking system? ...more

January 31, 2009

The New York Times recently reported that "the Obama Administration and Democratic leaders in Congress are already dancing around one of the most politically delicate questions" of our day. ...more

January 31, 2009

In a swift victory for President Barack Obama, the Democratic-controlled House approved a historically huge $819 billion stimulus bill Wednesday night with spending increases and tax cuts at the heart of the young administration's plan to revive a badly ailing economy. ...more

January 29, 2009

House approves White House-backed $819 billion economic stimulus bill. ...more

January 28, 2009