Committee for a Responsible Federal Budget

Economic Recovery Measures

FOMC Leaves Stance Unchanged

August 12 - The key Fed policymaking body, the Federal Open Market Committee (FOMC), released its
Aug 5, 2009 | Blog Paper Press Release

Top Senate Democrats Look to Reinforce Cash for Clunkers Before Recess

August 5 - Harry Reid and other top Senate officials are confident that a vote to extend the
Concept_DC_Capitol Building

Fed Chairman Bernanke Reports to Congress

July 21 - Federal Reserve Board Chairman presented his twice a year monetary policy
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NEC Director Summers at Peterson Institute

July 17 - President Obama's chief economic adviser Lawrence Summers spoke today to the Peterson Institute for International Economics on "
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Stimulus shows up in consumer spending

June 26 - Can we measure the effects of the economic stimulus legislation?  We are just starting to see effects show up in U.S.
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Financial Sector Overhaul Plan

June 17 - Today the White House released its plan to overhaul the financial sector.  If adopted, will the proposals prevent another financial
Economics Issue Area

Banks to repay TARP - issues ahead

June 9 - Treasury announced today that 10 of the nation's largest banks can now repay TARP borrowing because they had been able to raise capi

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