WASHINGTON (CBSMiami) – The number of Americans applying for jobless benefits dropped to the lowest level the economy has seen since October 2007, before the Great Recession. Overall, the number of people who applied for […]
While much of the focus with the ongoing austerity crisis on Capitol Hill has been overall tax rates, both President Barack Obama and Republican Speaker of the House John Boehner have agreed on one tax principle: ending the payroll tax holiday.
While Paul Ryan is entitled to his own opinions, he is not entitled to his own facts. He lied to America about Medicare. He lied to America about the debt commission. He really lied to America about the stimulus and America’s debt rating.
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to “hit bottom” and letting Detroit go bankrupt.
Jerold Nelson was hard at work Thursday at his new job at Interactive Blue Communications (IBC), a small design and consulting firm in Miami-Dade. The 51 year-old husband and father landed the job after ten months of unemployment and a seemingly hopeless outlook.
When President Barack Obama unveiled his federal stimulus plan, many in both parties erupted over the $787 billion price tag. But now, Obama’s tax deal with Congressional Republicans will dwarf the stimulus in the cost to American taxpayers.
A year after it passed the US Congress, the American Economic Recovery Act is being hailed as a victory by its supporters. But it has been criticized as a big deficit creator by its detractors.
So the CBS4 I-Team decided to dig into the dollars and dig up the truth. CBS4 I-Team investigator Stephen Stock looks at the stimulus package one year into the program.