Want to roll up your sleeves and pick through the different versions of the economic stimulus bill? The Wall Street Journal has what you need.
Their online feature, “The Stimulus Plans: How They Differ,” has broken out all the spending in the House and Senate bills and noted the differences between the two. Amounts [...]
[Update: New bailout text is here. Spending under the new language is likely to be roughly the same. See discussion here.]
The text of bailout legislation that might pass through Congress this coming week is circulating on the blogs (and reliable sources too . . .). I’ve taken it and done a little analysis, [...]
Reports have it that the U.S. federal government might spend $1 trillion bailing out financial services firms. That’s about $7,750 per U.S. family, or $2,500 per person.
That’s a net present value calculation – the amount of money you would have to put in an interest bearing account today to cover all future expenses. Running [...]