STIMULUS BILL

  • Tax rich Americans to pay for Obama's jobs bill September 13, 2011

    Washington: US President Barack Obama indicated raising taxes on the rich and on energy firms to fund his $ 447 billion jobs stimulus bill, asking lawmakers to pass the law without "delays" and "politics", a proposal that immediately drew sharp reactions from the Republicans. Obama sent to the US Congress, the...
  • Obama plans to create 6,00,000 jobs in 100 days June 9, 2009

    New Delhi: The US President Barack Obama made an announcement about creating jobs at a meeting with Vice President Joe Biden and cabinet officials. I'm pleased to know that having put the infrastructure in place, having gotten your teams up and running, many of the criteria by which money is going...
  • Obama will saddle future gens with debt: Bobby Jindal February 25, 2009

    Washington: Republican leaders continued their attacks on President Barack Obama's handling of the economy on Tuesday, calling it irresponsible and certain to increase taxes and federal debt. Responding to Obama's televised speech to a joint session of Congress, top Republicans said the president relies too heavily on spending, and not enough...
  • Obama's stimulus bill a bane for Indians in US February 18, 2009

    New Delhi: US President Barack Obama has signed the much awaited stimulus bill into law. The $787 billion package aims to reverse the US economic free fall. It pumps money into infrastructure projects, health care, renewable energy development and conservation. There's a $400 tax break for most individual workers and...
  • Obama to sign economic stimulus bill on Monday February 15, 2009

    Washington: President Barack Obama says the newly passed economic stimulus bill is a major milestone on the nation's road to economic recovery, but in his weekly address he also sounded a cautionary note, saying this is just the beginning of the process of turning the economy around. Only three Republican lawmakers...
  • Watch: White house selling hard for stimulus bill February 10, 2009

    President Obama's first big challenge in office is proving to be Herculean. The Senate is yet to pass his economic stimulus plan. The White House is selling hard but republicans still don't seem convinced. ...
  • Senators seek H1B hiring ban for US companies February 6, 2009

    Washington: In what could be worrying for Indian software professionals, two US Senators have introduced amendments to the economic stimulus bill, which if passed would prevent US companies receiving the federal bailout money, from hiring H1B visa holders. The amendment if approved by the Senate would have an immediate impact on...
  • Obama calls on Congress to pass $1 tn Stimulus Bill February 6, 2009

    New Delhi: US spent all of Thursday debating the nearly $ 1 trillion Stimulus Bill. As the Senate prepared to vote on a massive package, President Obama went into campaign mode and called on the Congress to pass the plan. The legislation is a blend of federal spending and tax...