The House should quickly approve the financial rescue plan that the Senate approved in strong bipartisan fashion yesterday. Further delay would leave the U.S. economy increasingly vulnerable to a contraction more severe than any since the 1930s — one that could trigger large increases in unemployment and poverty and the loss of a sizeable portion of many families’ retirement savings…
"The Senate-approved plan is far from perfect… The bottom line, however, is that the potential consequences of defeating this legislation are far too grave to ignore…" Read More
The federal budget is projected to run a $546 billion deficit in 2009, compared to the $710 billion surplus that budget experts projected for 2009 back when President Bush took office nearly eight years ago. [That represents a] $1.3 trillion deterioration in the nation’s fiscal finances for 2009…" Read more
* These chronological listings are more comprehensive than the sub-topic listings below
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