When I interviewed him in Nashville, he chided his gubernatorial colleagues for relying too heavily
on federal stimulus money, saying, «An awful lot of states took that money and treated it as continuing money and not like one - time help.»
Not exact matches
Given the billions in
stimulus dollars that will be spent in coming years
on infrastructure projects, demand for planners is likely to grow in lockstep with the flow of
federal and provincial dollars to social housing, transit, public spaces and recreational amenities.
The
Federal Open Market Committee and the European Central Bank are not only no longer offering a combined
stimulus, they are a net drain
on liquidity for the first time since
stimulus was first introduced by former Fed Chairman Ben Bernanke.
While Twitter's debut likely helped send shares of Facebook Inc. down, the overall tech industry also took a hit as the markets pulled back from record levels
on worries that the
Federal Reserve could soon start curtailing its economic
stimulus program.
The
Federal Reserve, then, might be right to back off
on its
stimulus, and may even be justified in moving faster than it is.
In one of the report's recommendations of policies to enhance global financial stability, it urged the
Federal Reserve to clearly communicate its intentions
on tapering the
stimulus.
The Australian bourse has clocked up its best two - day gain in over 33 years after the market closed four per cent higher, following the biggest point gain ever
on Wall Street and news of the
federal government's $ 10.4 billion economic
stimulus package.
Finance Minister Jim Flaherty, who ran a projected $ 56 - billion
federal deficit last year, recently softened his stance
on stimulus along with his deadline to get back to balance, but even little trims hurt.
The
Federal Reserve laid the groundwork Wednesday to begin winding down shortly the massive
stimulus program it embarked
on to rescue the economy from the financial crisis.
When asked about
Federal Reserve Vice Chairman Stanley Fischer's comments
on the dangers of low rates, Gundlach said there is a lot of uncertainty, but he believes fiscal
stimulus is coming.
With the ending of the
stimulus funding and the repayment of the principal
on assets maturing under the Insured Mortgage Purchase Program, the
federal government's new borrowing requirements are falling dramatically.
WASHINGTON (Reuters)- The
Federal Reserve could begin reducing the size of its bond - buying
stimulus program as early as September but might wait longer if economic growth fails to pick up in the second half of the year, a top Fed official said
on Tuesday.
The government's ability to offer quick fiscal
stimulus is limited by campaigning for a
federal election
on Oct. 19, the report said.
For example, the need to keep the long - term fiscal trajectory
on a sustainable path limits the size and duration of
federal fiscal
stimulus measures.
It has come to my attention that some economists claim that our sovereign
federal government is more or less powerless to kickstart the economy because of our great dependence
on the United States and therefore should do next to nothing: «Mr. Orr and other economists urged Ottawa to ignore pleas to boost
stimulus spending further -LSB-...]
What effect will this
stimulus have
on the
federal deficit and debt?
Five of the new funds listed
on the Nasdaq and are clearly aimed at quelling investors» fears of a rising interest rate related to the
Federal Reserve's announced $ 10 billion tapering of its economic
stimulus.
WASHINGTON — Most business economists believe the
Federal Reserve's controversial bond - buying
stimulus program has helped boost the recovery, but differ
on the effects of the healthcare reform law and other policies by President Obama and Congress, according to survey results released Monday.
The latest tame reading
on inflation may give the
Federal Reserve more wiggle room, if it is deemed necessary, to enact another round of
stimulus, especially with recent economic data
on the U.S. economy a bit disconcerting.
While this sounds like monetary madness, it should be remembered that Ben Bernanke, former Chair of the US
Federal Reserve, urged such action
on the Japanese government a decade ago to deal with that country's deflationary crisis, and referenced Milton Friedman's argument that a central bank financed
stimulus via a «helicopter drop» of money could have saved the United States from the Great Depression.
Expectations that the U.S.
Federal Reserve will start to phase out its monetary
stimulus had a mostly negative impact
on global stock markets Friday.
The Bank of Canada held off
on a further rate cut this week, opting instead to wait and see the size and structure of fiscal
stimulus in the upcoming
federal budget.
-LRB-...) After years of unprecedented monetary
stimulus propping up the world's financial markets, investors are now confronting the reality of an end to the
Federal Reserve's bond - buying program, which, as expected, the central bank reduced by another $ 10 billion
on Wednesday.
That's a tough sell at a time when public opinion has tilted sharply against cutting taxes
on the rich, and when a low unemployment rate and
Federal Reserve interest rate increases have eliminated the case for fiscal
stimulus.
With so much monetary
stimulus currently
on offer, it's no surprise that we have seen a recent surge in stock prices worldwide;
stimulus that was reaffirmed again today as US retail sales came in below expectations, easing concerns that the
Federal Reserve would begin tapering as early as September.
On the other side of the Atlantic the
Federal Reserve's chairman, Ben Bernanke, recently made an announcement to reassure investors that the US central bank was still some way off of withdrawing their $ 85 billion a month monetary
stimulus.
Global stock markets turned cautious Monday as investors waited for the U.S.
Federal Reserve's monthly meeting for clues
on when the central bank will start reducing its monetary
stimulus.
Boosted Fuel Efficiency Standards Coordinated International Response to Financial Crisis Passed Mini
Stimuli Began Asia «Pivot Increased Support for Veterans Tightened Sanctions
on Iran Created Conditions to Begin Closing Dirtiest Power Plants Passed Credit Card Reforms Eliminated Catch - 22 in Pay Equality Laws Improved Food Safety System Expanded National Service Expanded Wilderness and Watershed Protection Gave the FDA Power to Regulate Tobacco Pushed
Federal Agencies to Be Green Leaders Let Space Shuttle Die and Killed Planned Moon Mission Improved School Nutrition Expanded Hate Crimes Protections Brokered Agreement for Speedy Compensation to Victims of Gulf Oil Spill Pushed Broadband Coverage Expanded Health Coverage for Children Helped South Sudan Declare Independence Killed the F - 22
This stance could have the reverse effect and provide Congress with the
stimulus to address the legal and moral mess that is the USA's
federal stance
on cannabis.
My priorities will be to slash wasteful
federal spending, set our nation
on a path to a balanced budget, end bailouts for bad business decisions, take leftover money from the Obama
stimulus package to pay down the deficit, and repeal Obamacare.
The SLF, a left - of - centre pressure group, had first attempted to table a motion for the conference calling for a fiscal
stimulus a month ago, but was rebuffed by the
federal conference committee
on the grounds that it would require a two - hour debate.
Boston, MA — The Massachusetts Republican Party today issued the following statement regarding the Democratic feeding frenzy
on Beacon Hill over the anticipated
federal tax dollars in the so - called «
stimulus package.»
Leading conservative voices — including The Wall Street Journal's editorial page and The Weekly Standard and the talk show personalities Rush Limbaugh and Glenn Beck — took
on the Republican nominee, Assemblywoman Scozzafava, who supports gay rights and abortion rights and had embraced some Democratic economic policies like the
federal stimulus package.
Including the DOB adjustment, this year's budget will depend
on at least $ 5.7 billion in temporary
federal «
stimulus» funding.
Speaking
on «The Capitol Pressroom» recently, Comptroller Thomas DiNapoli said government jobs are suffering now because they were shielded from the recession in the beginning with
federal stimulus money.
There is, however,
on the fact the state's spending is projected to jump significantly next year when
federal stimulus funds for Medicaid and education run out.
Federal economic
stimulus aid helped close an estimated $ 162.5 billion in budget gaps among the 50 states in 2010, the report stated, citing a study by the Center
on Budget and Policy Priorities, a Washington - based policy research group.
Few will recall or even care anymore that the bridge was high
on Hein's extensive wish list for
federal stimulus funds in early 2009.
A detailed look at the impact (some say lack of impact)
federal stimulus money has had
on creating jobs for Bronxites.
By Sean Ryan The president of a sewer construction company near Milwaukee wants the city to spend more
federal stimulus money
on sewer construction.
Albany faces even larger deficits in the next two fiscal years, after the expiration of a temporary tax increase
on the wealthy in the coming year and the end of
federal stimulus financing in the following year.
-- With Florida facing a shrinking population for the first time since World War II, Republican Gov. Charlie Crist and the GOP - controlled Legislature balanced a $ 5.9 billion shortfall with cuts,
federal stimulus money and tax hikes, including a $ 1 - a-pack tax increase
on cigarettes.
The State, through the New York State Energy Research and Development Authority (NYSERDA), awarded LIPA $ 6.7 million in
Federal stimulus funding which will allow LIPA to connect the solar panels installed
on the carports to the Long Island electric grid.
The total 2010 budget for the department as a whole would grow to $ 26.3 billion from $ 24 billion in 2008; the projection for 2009 is $ 33.9 billion, plus a whopping $ 39 billion for energy programs under the
stimulus package recently passed and $ 1.6 billion for the Office of Science, which
federal bureaucrats plan to spend primarily
on building scientific facilities.
The $ 10 - billion price tag to get these projects
on track is equally ambitious — California is looking for $ 4.7 billion of this to come from the $ 8 billion in
stimulus money the
federal government is making available for high - speed rail projects under the American Recovery and Reinvestment Act.
When scientists talk about
federal stimulus money for research, many focus
on the approaching «cliff,» when funding will run out after 2 years.
State grants created under the
federal stimulus law require the governor's office to agree
on adopting the 2009 International Energy Conservation Code for residential buildings and the ASHRAE 90.1 standards for commercial buildings, she noted.
We know that the focus of the
stimulus package is
on short - term spending over 1 - 2 years, without long - term commitments of
federal money.
The global stock market slump continues
on Wall Street amid uncertainty that the
Federal Reserve is committed to the economic
stimulus.
On Tuesday,
Federal Reserve policymakers begin a two - day meeting where many analysts expect they will announce a reduction in the central bank's $ 85 billion monthly
stimulus.