Tag: Stimulus

The Takeaway

Capitol Hill preview

Monday, January 26, 2009

Things are not slowing down at all this week on Capitol Hill. Among other big events, Tim Geithner is likely to be approved as Treasury Secretary, the new Senator from New York will be sworn in, and the Senate Appropriations Committee will debate the stimulus bill. Todd Zwillich of Capitol News Connection joins Katherine and Adaora with a preview.

"It's a lot easier to have a new tone and be bipartisan when you have 58 Democratic Senators and not 51."
— Todd Zwillich from Capitol News Connection on the likelihood of cooperation in the new Democratic majority in the Senate

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The Takeaway

Small change can mean big change in the right hands

Thursday, January 22, 2009

President Obama’s $825 billion stimulus package includes $300 billion in tax cuts, which would come to the American spending public in the form of rebates. But history proves that refunds, whether dispersed in a small steady amounts or in one lump sum, do little to jumpstart a spending spree. For an assessment of what a tax rebate should look like under an administration that runs on the motto of “change,” we are joined by Dan Ariely, who is the James B. Duke Professor of Behavioral Economics at Duke University and author of Predictably Irrational: The Hidden Forces That Shape Our Decisions.

Have a better idea how to get the economy going? Create your own stimulus plan here.

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