Obama on Wednesday to announce $5 billion in stimulus funds for National Institutes of HealthSeptember 30th, 2009 Obama to announce $5 billion from stimulus for NIHWASHINGTON — The National Institutes of Health is getting $5 billion in economic stimulus funds to support research into cures for cancer and other diseases, and to create jobs. President Barack Obama was making the announcement Wednesday at the NIH campus in Bethesda, Md., with Health and Human Services Secretary Kathleen Sebelius (seh-BEEL'-yuhs).
Many line for broadband stimulus funds: $28B requested vs. $4B availableAugust 27th, 2009 Many interested in broadband stimulus fundsWASHINGTON — "Cash for clunkers" isn't the only economic stimulus program to attract a lot of takers. The U.S. government says it has received requests for a total of $28 billion from groups that want to expand high-speed Internet service in the country.
10 states' top prosecutors, 4 federal agencies form task force to combat mortgage fraudAugust 24th, 2009 Feds, 10 states join to fight mortgage fraudOLYMPIA, Wash. — Ten state attorneys general and four federal agencies are forming a task force to combat mortgage fraud.
Investigators say thousands of the most serious sex offenders get subsidized public housingAugust 20th, 2009 Offenders illegally get subsidized housingWASHINGTON — A few thousand lifetime registered sex offenders illegally live in federally subsidized housing, an internal investigation found. Investigators projected that the Housing and Urban Development Department subsidizes roughly 2,100 to 3,000 households that include a serious sex offender.
President of government mortgage agency leaving this week for new job after 13 monthsAugust 13th, 2009 Ginnie Mae top exec leaving for private sector jobWASHINGTON — The head of the government agency that packages federally backed mortgages into investments is stepping down for a new job, people familiar with his plans said. Joseph Murin, president of the Government National Mortgage Association, known as Ginnie Mae, is leaving his job this week after 13 months.
US to give $2.3 bn in stimulus for clean energyAugust 13th, 2009 WASHINGTON - The US will give up to $2.3 billion in tax credits to green manufacturers in the latest disbursement Thursday of the government's economic stimulus package. The new credits will go to manufacturers of clean energy equipment including wind, solar, geothermal energy and electric car batteries.
House passes increases for housing, high-speed rail; highway funding held flatJuly 24th, 2009 House passes increase for housing, high-speed railWASHINGTON — The Democratic-dominated House Thursday approved generous funding for housing subsidies for the poor and President Barack Obama's initiative to build high-speed railroads as it passed a $123.1 billion transportation and housing bill. The measure, approved 256-168, provides a 13 percent increase in total funding for the programs it covers, including $4 billion for Obama's high-speed rail initiative, which was launched in February with an $8 billion infusion from the economic stimulus bill.
Earnings schedule for week of 7/27/09July 23rd, 2009 Earnings schedule for week of 7/27/09Major companies tentatively scheduled to report quarterly earnings next week:
Monday
THOUSAND OAKS, Calif. — Amgen Inc.
Homeless numbers steady but include more families and suburbanitesJuly 9th, 2009 Homeless numbers include more familiesWASHINGTON — The face of homelessness in the United States is changing to include more families and more people who live in the suburbs and rural communities. The number of homeless has remained steady since 2007, but within the overall count are trends that can tell officials where federal resources would do the most good, the Housing and Urban Development Department says in its annual report to Congress being released Thursday.
Education Department releases more stimulus dollars to help with tight state budgetsJuly 1st, 2009 Stimulus dollars released for schoolsWASHINGTON — Education Secretary Arne Duncan is releasing $2.7 billion in stimulus dollars earlier than planned to help states confront increasingly tighter budgets. Duncan said Wednesday he is distributing $2.7 billion to states that he had planned to distribute in October or November.
Energy Dept. releases $300 million for vehicle efficiency research, other projectsJune 11th, 2009 DOE releases money for vehicle efficiency researchWASHINGTON — The Energy Department says its making $240 million available for research into more fuel-efficient large trucks and passengers vehicles. It also is providing about $11 million for nine projects looking into capturing carbon dioxide from coal plants and $49 million for two dozen solar technology projects.
HUD lowers thresholds to encourage more applications for federal help with housing renovationsJune 3rd, 2009 HUD revises rules for stimulus moneyWASHINGTON — Federal officials have lowered the threshold that the nation's public housing agencies must meet to get some of the stimulus money set aside for new roofing, plumbing and other renovations. Last month, only housing authorities designated as "high performers" were deemed eligible to compete for much of the nearly $1 billion set aside for capital improvements.
Official with knowledge of plan: Feds offering new help for 2005 hurricane victims in trailersJune 3rd, 2009 HUD sets options for hurricane victims in trailersNEW ORLEANS — President Barack Obama's administration, which is trying to avoid mass evictions of hurricane victims still living in federally supplied trailers along the Gulf Coast, will offer $50 million in new housing vouchers and sell trailers for as little as $1, an administration official said. A senior administration official with knowledge of the Department of Housing and Urban Development plan spoke on condition of anonymity because the plan wasn't going to be made public until later Wednesday.
Federal gov't. to help states cover up-front costs of tracking stimulus spendingMay 13th, 2009 Feds to cover up-front costs of tracking stimulusWASHINGTON — Cash-strapped states are getting help from Washington to keep track of how they spend the $787 billion in federal stimulus money aimed at boosting jobs and the economy. States will now be able to get federal funds to hire auditors and accountants and pay other administrative costs associated with the stimulus money, said a memo released Wednesday by the White House.
US releases stimulus fundsMarch 4th, 2009 WASHINGTON - US Federal Reserve Chairman Ben Bernanke Tuesday warned there was 'considerable uncertainty' over how quickly the United States can recover from a deep recession, even as funds from a massive government stimulus package were being released into the economy. While President Barack Obama announced that new infrastructure projects would begin Tuesday and help spur job growth, Bernanke told a Senate hearing that it was difficult to measure the impact of Obama's $787-billion plan.