Fox Lake Towing and Recovery

The federal government sent out checks to 89,000 dead or incarcerated people in 2009 as part of the $814 billion stimulus program, a watchdog reported.

One component of the stimulus plan was the distribution of $13 billion by the Social Security Administration, The Washington Post said. The money was to go to 52 million eligible beneficiaries in checks of $250 each.

The SSA did not…

Continue reading Stimulus Program Sent Checks to 89,000 Dead, Incarcerated People

Stimulus Program Sent Checks to 89,000 Dead, Incarcerated People originally appeared on DailyFinance on Fri, 08 Oct 2010 06:32:00.

Filed Under: Economy, People, Taxes

One month doesn’t make a trend, but builders in the beleaguered U.S. construction sector will take any good news they can get, and in August they received some: an unexpected 0.4% increase in construction spending, led by government-funded projects.

Economists surveyed by Bloomberg had expected construction spending to fall 0.4% in August.

However, the gain was tempered somewhat by a revised 1.4%…

Continue reading Stimulus Lifts Construction Spending Unexpectedly in August

Stimulus Lifts Construction Spending Unexpectedly in August originally appeared on DailyFinance on Fri, 01 Oct 2010 13:23:00.

Filed Under: Economy, Real Estate

Speaking in Cleveland, President Obama laid out the details of his plan to boost the economic recovery: $50 billion for infrastructure spending; a $100 billion R&D tax credit; and $200 billion to induce U.S. companies to make capital improvements now rather than later.

Continue reading Obama Pushes His New Stimulus Plan

Obama Pushes His New Stimulus Plan originally appeared on DailyFinance on Wed, 08 Sep 2010 14:20:00.

Filed Under: Energy, Economy, People, Taxes, Small Business