“The Treasury Department completed mass disbursements of stimulus payments this week. In total, 112.4 million stimulus payments to Americans households over the past eleven weeks, so far injecting $91 billion into the U.S. economy. Payments will continue to be sent out in small batches through the remainder of the year. To ensure that all Americans who qualify for a stimulus payment receive one, the Internal Revenue Service recently announced that it will be reaching out to over 5 million seniors and veterans who have not yet filed a simple tax return to get their payment.”
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Daily Archives: July 15, 2008
Press Conference by the President on the Economy
News release: “To help address challenges in the housing and financial markets, we announced temporary steps to help stabilize them and increase confidence in Fannie Mae and Freddie Mac. These two enterprises play a central role in our housing finance system, so Treasury Paulson has worked with the Federal Reserve Chairman Bernanke so that the… Continue Reading
Semiannual Monetary Policy Report to the Congress
News release: Chairman Ben S. Bernanke – Semiannual Monetary Policy Report to the Congress Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, July 15, 2008 Chairman Dodd, Senator Shelby, and members of the Committee, I am pleased to present the Federal Reserve’s Monetary Policy Report to the Congress. The U.S. economy and… Continue Reading
Confronting Climate Change: A Strategy for U.S. Foreign Policy
Council on Foreign Relations Task Force Report: Confronting Climate Change – A Strategy for U.S. Foreign Policy, June 2008– “Against the backdrop of increasing attention to energy and climate change in the presidential campaigns, recent failure of the Senate to advance the Lieberman-Warner climate bill, and preparations for this summers G8 summit, a CFR-sponsored Independent… Continue Reading
