The latest stimulus program news out of Washington is astonishing for its lack of ambition. President Obama announced $8.3 billion in loan guarantees which will support a plan to build the first nuclear power plant erected in America in almost thirty years. The catch here is this $8.3 billion will u ... Read more

A recent InvestmentNews survey finds that the majority of money managers in the US don’t think Obama’s economic recovery plan will achieve its stated goal. Frankly, I’m yet to hear any one plan which I’m jumping for joy over. In my understanding of Obama’s plan, the economy would be ... Read more

The final version of the 1071-page American Recovery and Reinvestment Act of 2009 is due to be signed by President Obama tomorrow. My summary of the bill's key tax items two weeks ago was not far off the mark, but there are a number of nips and tucks in the final version. Read the full article ... Read more

Everyone knows by now that the Senate approved its stimulus package. I haven't written much (any) on it or the previously approved House version. Why not? Because this stew is still simmering and a lot of cooks will be stirring it in the next few days. As noted in every report on the ... Rea ... Read more

The $825 billion "Stimulus Package" seems to be moving even more quickly than the Homeland Security Bill did after 9/11.   So what does the massive spending bill offer entrepreneurs, who make up over half of the economy they seek to "stimulate"?   The NFIB, who got co-o ... Read more