If the agreement between congressional Republicans and President Obama is ratified, Pimco, which manages the world’s largest bond fund, says the stimulative measure will contribute much to economic growth — and to the deficit….
DailyFinance writer Jonathan Berr sees much to like in the compromise President Obama reached with congressional Republicans on taxes and unemployment compensation. And while he’d never call it perfect, as he notes, the America…
President Obama insists that his agreement with Republicans will help working people avoid a pay cut. But as tax experts look at the full package more closely, it has become clear that low-end wage earners will indeed take a pa…
The tax cut compromise between Obama and the GOP is now being touted as a back-door stimulus plan, one that some economists predict will create or save 3.1 million jobs. Unfortunately, the model on which those forecasts are bas…
Nouriel Roubini, the NYU economics professor who has earned the nickname “Dr. Doom” for his predictions, says he’s concerned the tax cut compromise struck by President Obama and GOP leaders could expose the U.S. to bond vigila…