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The Stimulus Worked. Let'S Have More.
That sounds bad, until you consider that the U.S. economy was contracting at a 5.4 percent rate in the final quarter of 2008 and by 6.4 percent in the first quarter of 2009. The stimulus package helped end the free fall by putting money into the economy ...  
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The Stimulus Worked. Let'S Have More.
That sounds bad, until you consider that the U.S. economy was contracting at a 5.4 percent rate in the final quarter of 2008 and by 6.4 percent in the first quarter of 2009. The stimulus package helped end the free fall by putting money into the economy ...  
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The Stimulus Worked. Let'S Have More.
That sounds bad, until you consider that the U.S. economy was contracting at a 5.4 percent rate in the final quarter of 2008 and by 6.4 percent in the first quarter of 2009. The stimulus package helped end the free fall by putting money into the economy ...  
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For Obama And Democrats, Time'S Running Out
But this plan makes the same mistake as the 2009 stimulus, and that is having tax breaks make up the bulk of the relief package. Obama proposes $240 billion in tax relief by cutting payroll taxes for employees in half next year, and trimming employer ...  
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The Stimulus Worked. Let'S Have More.
That sounds bad, until you consider that the U.S. economy was contracting at a 5.4 percent rate in the final quarter of 2008 and by 6.4 percent in the first quarter of 2009. The stimulus package helped end the free fall by putting money into the economy ...  
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Stimulating Arguments
Scheiber keeps returning to the argument that the 2009 stimulus package was too small—and thus, the economy Obama must run on in this presidential election year remains in a weakened state. It is an exceedingly difficult case to prove. Obama’s budget ...  
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Is our adults learning?
In 2009, we had a big debate about whether to pass a stimulus package. Many esteemed and/or Nobel Prize-winning economists like Joseph Stiglitz, Larry Summers and Christina Romer argued that it would help lift the economy out of recession. Many other ...  
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Nebraska Senate primary a war within GOP
Specifically, he cited Bruning’s public blessing of the $4 million from the Obama stimulus package that was used to train extra ... (Omaha World-Herald, July 29, 2009). During a recent visit to Washington, Stenberg contrasted the administration of ...  
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The Texas “Miracle?” Part 2
by the stimulus package. Recall that’s when Perry publicly declined the state’s share of the stimulus with one hand while snatching it up with the other. Texaslost over 300,000 jobs in 2009 about one-third that many, 89,000 were created by the stimulus.  
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The Stimulus Worked. Let'S Have More.
That sounds bad, until you consider that the U.S. economy was contracting at a 5.4 percent rate in the final quarter of 2008 and by 6.4 percent in the first quarter of 2009. The stimulus package helped end the free fall by putting money into the economy ...  
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Audit: State made $700K in jobless benefit overpayments
The Federal Additional Compensation, or FAC, program was a 2009 stimulus measure that gave people on benefit rolls an extra $25 a week. It expired at the end of 2010. The state paid out $150 million under FAC, with DES estimating $689,475 in overpayments.  
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The Debunker: Stimulating unemployment
The estimated cost of the stimulus is now up to $825 billion (a $38 billion cost overrun from Obama’s original claim of $787 billion). This massive deficit spending would be worth it, Vice President Joe Biden assured us back in Feb. 2009, as it would ...  
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Obama’s Economic ‘Stimulus’ Gave $10 Million to ATF Project Gunrunner
The $787-billion American Recovery and Reinvestment Act, the stimulus, was passed by Congress and signed into law in February 2009. From this near-trillion dollar trove, the administration allocated $10 million to the ATF’s “Project Gunrunner” to ...  
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Fitch: Stimulus a mixed bag
The U.S. economy would have seen little or no growth in the two years after the recession technically ended in June 2009 without the policies, the study found. And the stimulus actions appear “to have significantly softened the severity of the decline ...  
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Republicans question $126 million stimulus grant for W.Va. broadband...
The matter was raised during an oversight hearing for the Broadband Technology Opportunities Program created by the 2009 stimulus bill. The stimulus included $4.7 billion in funding to the National Telecommunications and Information Administration (NTIA ...  
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MONA CHAREN: Failed record on economy; Instead of building recovery, Obama...
The American Recovery and Reinvestment Act of 2009, which was supposed to jump-start the economy and keep unemployment below 8 percent, clearly failed. Unemployment topped 10 percent after the stimulus became law and has remained above 8 percent since.  
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Romney: Stimulus dollars were 'bridge to nowhere'
LOS ANGELES, CA (Catholic Online) - Using the backdrop of a 1860s-era bridge in New Hampshire to illustrate what he called the wasteful government spending of President Barack Obama's $787 billion stimulus plan passed in 2009, Romney called the plan an ...  
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Company hired to pick up where previous parkway construction company left off...
The contract for the final leg of the bypass around Anniston was funded through the 2009 American Recovery and Reinvestment Act, commonly known as the stimulus package. It was the long-awaited end to a project approved by Congress in 1998 and begun in early 2001.  
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Democratic Lawmakers Cite Auto Bailout Successes in Visit to American...
Two Ohio federal lawmakers were in Toledo Monday to tout the success of the 2009 federal stimulus and the auto bailout in rescuing a local business called American Manufacturing Inc. The company, which makes steel containers for automotive parts ...  
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Tech Companies Get Millions in Stimulus Funds
The government has handed out more than $840 billion in federal stimulus money since 2009. More than $33 billion went to California. It is cash meant to save jobs, kick start the economy and keep small businesses and organizations afloat through ...  
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Pointing to stimulus-funded bridge restoration in NH, Romney calls Obama...
On September 30, 2009, the Obama administration proposed new regulations on power plants, factories and oil refineries in an attempt to limit greenhouse gas emissions and to curb global warming. As a candidate for the Illinois state senate Obama ...  
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Mitt Romney Campaigning At School That Received Stimulus Funds
It was awarded in July 2009, meaning that there are likely to be event attendees who benefited from the funds. Whether Romney will criticize the stimulus funding during the event is unclear. But there certainly is some ammo on the table for the ...  
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Health Information Technology Gains Momentum, Uses
The stimulus package passed in 2009 included provisions that theoretically ease the financial burden for doctors, but the payments are tied to Medicare and Medicaid reimbursements that are spread out over five years. So the upfront costs remain ...  
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When Energy Isn’t Popular—Anywhere
That was nine years ago. Challenges like these have only grown since the Obama administration provided about $90 billion of support for renewable-energy projects through its 2009 stimulus package. According to a database administered by the U.S ...  
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The Market At Equilibrium
The downward slope to the regression is not simply a one-off outlier due to the collapse of GDP in 2008-2009, during the height of the ... Additionally, even before the crisis stimulus packages our government had begun running up a fiscal deficit.  
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Problems delay completion of Meadowood interchange in Reno
Construction problems will delay completion of Northern Nevada’s only major highway project funded by the 2009 federal stimulus program, but state transportation officials still expect a new freeway interchange at U.S. 395 and Meadowood Way to ...  
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China Seen Launching ‘Aggressive Stimulus’ as Growth Slows Further
“The focus of the stimulus is likely to be on the fiscal side ... “Assuming a Greek euro exit drags down global economic growth by half as much as the 2008-2009 global financial crisis did, China’s economic growth would fall to 6.4 percent in ...  
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Policy Group Mulls Proposed Stage 2 Rules for Meaningful Use
Background Under the 2009 federal economic stimulus package, health care providers who demonstrate meaningful use of certified electronic health record systems can qualify for Medicaid and Medicare incentive payments. In February, CMS and the ...  
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Senator: Dismantling Health Reform Would Hurt Health IT
Sheldon Whitehouse (D-R.I.), FierceEMR reports (Durben Hirsch, FierceEMR, 4/4). Under the 2009 federal economic stimulus package, health care providers who demonstrate meaningful use of certified electronic health record systems can qualify ...  
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Ecotality Examined: For Electric Vehicle Company, Politics is Business
“Our performance target for 2009 was to secure executed stimulus contracts valued at $20,000,000 or more on or before October 1, 2009, which was achieved,” Ecotality explained in an SEC disclosure form filed in August of 2010. “As a result ...  
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Metro Schools to reduce positions funded with spent stimulus
Metro Nashville Public Schools expect to cut more than 100 special education positions as 2009 federal stimulus funds run out. The district employs 632 paraprofessionals who work with students with disabilities, and an exact number for the ...  
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AHA Says Meaningful Use Program Might Be Overly Ambitious
Under the 2009 federal economic stimulus package, health care providers who demonstrate meaningful use of certified electronic health record systems can qualify for Medicaid and Medicare incentive payments. AHA Letter Details In the letter ...  
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Stimulus Dollars Disproportionately Went to States Represented by Dems
foreclosures and bankruptcies in the various states in late 2008 and early 2009. In all four cases, more grievous economic conditions were negatively correlated with the allocation of stimulus dollars. States with higher unemployment rates ...  
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Harvard’s Barro: More Fed Stimulus Would Fail
"Curiously, this plea for more fiscal expansion fails to offer any proof that Organization for Economic Cooperation and Development (OECD) countries that chose more budget stimulus have ... 9 percent of GDP between 2009 and 2011) helped to ...  
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House panel okays $33 billion in food stamp cuts
Enrollment in the food stamp program grew substantially during and after the recession, and Congress boosted its funding in the 2009 economic stimulus package. Republicans on the committee said they did not want to hurt families that need ...  
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S Korea: still growing
That’s the slowest since late 2009. The central bank statement showed that the ... the government budget will be available in 2H 2012 (assuming no further stimulus packages are unveiled). Current household consumption growth is still well ...  
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Corporate Welfare Backers Change Tune
Michigan Capitol Confidential documents more waste from the federal “stimulus” package passed in 2009: “Federal ‘Stimulus’ Spent $34.5 Million In Michigan For Only 183 Total Jobs” The whole article is a good read, but one thing stands out ...  
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Stimulus triggered fiscal indiscipline
While providing this stimulus package in 2008, I brought it down from 14 per cent ... Thereafter we had a bounce back; in 2009-10, we had 8.4 per cent and in 2010-11 we had 8.4 per cent. Again, another crisis came, that is, Eurozone crisis.  
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China Growth 8.1%, Slowest Since 2009
BEIJING—China's first-quarter economic growth slowed to a lower-than-expected 8.1%, the lowest since 2009, as a slowdown in exports ... and high public debt limits the scope for a stimulus. But the 8.1% figure—compared with expectations ...  
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Construction Businesses Not Stimulated? – Here’s Why
The 2009 “stimulus” legislation was touted as putting over $787 billion into the American economy over its duration, mostly through “shovel ready” infrastructure construction projects. Yet, in terms of economic activity and employment ...  
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CMS Releases Quality Measures for MU Stage 2 Proposed Rules
Under the 2009 federal economic stimulus package, health care providers who demonstrate meaningful use of certified electronic health record systems can qualify for Medicaid and Medicare incentive payments. About Stage 2 In February ...  
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Justice Department Probing Widespread Stimulus Fraud
About $48 billion of the $825 billion authorized by Congress and the administration under the 2009 American Recovery & Reinvestment ... and advocates claim the stimulus package “created or saved” an estimated 2 million jobs.  
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Labor force participation rate lowest in 30 years, despite lower unemployment...
If the reported unemployment figures reach 8 percent, or even lower, it will seem that the nearly one trillion dollar stimulus package was a success and that he is finally delivering on the promise of 2009.  
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Romney: Stimulus was wasted
The non-partisan Congressional Budget Office has credited the stimulus package, enacted in 2009, with lowering unemployment by millions of jobs.  
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