Fed Chairman Signals Support for New Stimulus Package

NewsHour, PBS by Jeffrey Brown, Martin Baily, William Beach | Oct. 21, 2008 (News Analysis)

Wall Street saw a boost Monday as Fed Chairman Ben Bernanke told Congress that a second stimulus bill might help the economy. Experts examine the prospects for a new stimulus plan.

JEFFREY BROWN: Just three months ago, Fed Chairman Ben Bernanke said he thought it was premature to serve up a new round of measures to stimulate the economy. But times have clearly changed, and today he weighed in positively on a notion that is now very much in play in ... Full Story »

Posted by Fabrice Florin

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Subjects: U.S., Politics, Business
Topics: U.S. Congress, U.S. Economy, Finance
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Posted by: Posted by Fabrice Florin - Oct 21, 2008 - 10:24 AM PDT
Reviewed by: Fabrice Florin (review), Derek Hawkins (review), Kaizar Campwala (review)
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Edited by: Fabrice Florin - Oct 21, 2008 - 10:29 AM PDT

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Fabrice Florin
3.3
 by Fabrice Florin - Oct. 21, 2008

Informative overview about the need for another stimulus plan from the U.S. government. This story contrasts the views of two experts: Martin Baily of the Brookings Institution and William Beach from the Heritage Foundation. Interesting insights from very different perspectives.

We have to have a stimulus package, in my view. And if we need to do this, well, we do need to do it on a bipartisan basis. More »

Fabrice posted this story.
See Full Review » (13 answers)
Derek Hawkins
3.6
 by Derek Hawkins - Oct. 21, 2008
See Full Review » (10 answers)
Kaizar Campwala
3.2
 by Kaizar Campwala - Oct. 21, 2008
See Full Review » (8 answers)

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