223770 Resource 128460 120646 120646 1232111283253 1240239771623 Controlled Congress Gets on Board for TARP: Are Tax Cuts Next?

Fingers are being crossed for economic stimulus

The economy is The News lately. Especially the U.S. economy. And yesterday Congress voted to release the last half of the TARP funds approved for economic stimulus last year. Now, Congress is turning its attention to the <a href="http://www.stockmarketfunding.com/SMF-Blogs/Economic-Analysis/January-2009/Highlights-of-US-Democrats--$825-billion-stimulus-.aspx" target="_blank" title="economic stimulus plan, Barack Obama, U.S. economy, tax cuts, Congress, TARP">economic stimulus plan</a> suggested in part by Barack Obama. The economic stimulus bill includes funding for: <ul style="font-family: verdana,arial,helvetica,sans-serif;"> <li>Infrastructure.</li> <li><a href="http://www.allbusiness.com/legal/tax-law-tax-relief/11748893-1.html" target="_blank" title="economic stimulus plan, Barack Obama, U.S. economy, tax cuts, Congress, TARP">Tax cuts</a>.</li> <li>Schools.</li> <li>State governments.</li> <li>Health care.</li> <li>Technology.</li> <li>Unemployment.</li> <li>Alternative energy development.</li> </ul>It remains to be seen whether this bill is passed, and whether or not it truly does stimulate the economy. For now, though, the economic troubles plaguing the U.S. are not causing trouble for the U.S. dollar. Quite the opposite; with the global economy in ruins, the U.S. dollar is the <a title="Barack Obama, Congress, economic stimulus plan, TARP, tax cuts, U.S. economy" target="_blank" href="item/223670">safe haven currency</a> of choice. 10 application/xml false Barack Obama Congress economic stimulus plan TARP tax cuts U.S. economy Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.8) Gecko/2009032608 Firefox/3.0.8 GTB5 127.0.0.1 127.0.0.1 mmarquit 66.182.66.2 false true false false true 128460 blog blogsite/GFTForex/web