Obama awards national science, technology medals, calls for advancements in researchOctober 7th, 2009 Obama awards national science, technology medalsWASHINGTON — President Barack Obama says investing in science and technology is more essential to the nation's health and prosperity than ever before. The president spoke at a White House ceremony honoring the winners of the National Medal of Science and Medal of Technology and Innovation.
Obama tells Democratic governors that 'America is stronger' because of $787 billion stimulusOctober 1st, 2009 Obama: 'America is stronger' after stimulus billWASHINGTON — President Barack Obama says "America is stronger" because of the stimulus bill. That was the president's message Thursday during remarks at a Washington fundraiser for the Democratic Governors Association.
Obama says $5B in stimulus grants from NIH will help research cures for cancer, diseasesSeptember 30th, 2009 Obama says $5B in grants will aid medical researchBETHESDA, Md. — Calling scientific research a job-creating engine, President Barack Obama heralded $5 billion in new government grants Wednesday to fight cancer, autism and heart disease while boosting the economy.
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.
Obama says $787 billion stimulus program is reason economy beginning to turn itself aroundJuly 31st, 2009 Obama credits stimulus for economy's progressWASHINGTON — President Barack Obama says the $787 billion economic stimulus program he enacted within weeks of taking office is helping the economy begin to pull itself out of the recession. The Commerce Department reported Friday that the economy contracted at a pace of just 1 percent in the second quarter.
Michelle Obama cuts ribbon on Va. community health center aided by federal stimulus fundsJuly 28th, 2009 First lady helps open Va. community health centerBOWLING GREEN, Va.
Obama says policies have created jobs, but hiring will be slow in recoveryJuly 23rd, 2009 Obama: Hiring will be among last things to improveWASHINGTON — President Barack Obama says economic steps by his administration have saved jobs and created new ones. But he says new hiring is among the last things to improve during an economic recovery.
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.
Bring coaching institutes under tax net: AssochamJune 17th, 2009 NEW DELHI - Coaching institutes must be brought under the tax net as they seldom disclose their earnings, the Associated Chambers of Commerce and Industry of India (Assocham) has said. In a note submitted to the revenue department of the finance ministry Wednesday, Assocham said coaching institutes were charging "astronomically higher fee without submitting proper accounts of their income to tax authorities".
German research groups predict 6 percent drop in 2009 GDP, spike in unemploymentApril 23rd, 2009 German economy seen shrinking 6 percent in 2009BERLIN — Germany's economy will shrink by 6 percent this year and will continue to contract in 2010 as its key export sector is hit by the global economic crisis, leading German economic research groups predicted Thursday. The organizations, which include Munich's Ifo Institut and Kiel's Ifw, said the continuing slump would lead to a spike in unemployment as businesses struggle to keep afloat.
US House passes Obama's economic stimulus planJanuary 28th, 2009 WASHINGTON - The Democratic-controlled US House of Representatives has approved President Barack Obama's $819 billion economic stimulus plan containing emergency spending and tax cuts. The House measure, which was approved Wednesday, combines roughly $275 billion in temporary tax cuts for both individuals and businesses along with about $544 billion for job-creating investment projects, health industry improvements, expanded aid for the poor and unemployed, and improving education.
Obama calls for 'urgent' action on $825-billion-stimulusJanuary 16th, 2009 WASHINGTON - US president-elect Barack Obama Friday called for urgent action to stem the country's economic decline, lending his backing to a $825-billion stimulus package introduced by lawmakers a day earlier. But Obama warned that even with a massive injection of public cash into the world's largest economy 'things could get worse before they get better.'
'I want everybody to be realistic about this,' Obama said in a speech at a factory in Ohio.
US Democrats introduce Obama's $825-billion stimulus planJanuary 15th, 2009 WASHINGTON - Democrats in the US House of Representatives Thursday introduced an $825-billion economic stimulus plan that president-elect Barack Obama hopes will help revive the struggling economy. The bill would provide for $550 billion in job-creating investments over two years and $275 billion in tax relief, media reports said.
Obama, congressional leaders meet on economic stimulusJanuary 5th, 2009 WASHINGTON - President-elect Barack Obama Monday began work with congressional leaders to hammer out a stimulus package designed to jump start the ailing US economy. Speaking with Speaker of the House Nancy Pelosi Monday morning ahead of the closed door meeting, Obama stressed that it was important to get to work on the plan before he takes office Jan 20.
Obama's stimulus plan to include $300 bn in tax cutsJanuary 4th, 2009 WASHINGTON - US president-elect Barack Obama's plan to jump-start the US economy will include $300 billion in tax cuts, the New York Times reported Monday as Obama prepared to meet congressional leaders to discuss his plans. Obama will devote about 40 percent of his estimated $675-775 billion economic stimulus plan to tax cuts, in part to appeal to critics that say the package is too heavy on government spending, the NYT quoted advisers as saying.