Goldman Sachs Says Tax-Cut Expiration Would Erase First-Half U.S. Growth

| September 23, 2010

Even a temporary lapse in the tax provisions “would essentially wipe out most of the modest growth we expect in the first half of 2011,”  Goldman Sachs Letting all of the roughly $270 billion in tax cuts lapse would subtract almost 10 percentage points from annualized disposable income growth in the first quarter of 2011. […]

Geithner Says Action On Economy Important Now!

| September 12, 2010

Nice to know that someone is on the job! WASHINGTON    Treasury Secretary Timothy Geithner said Washington can under cut an already slow economic recovery if it fails to provide quick  support to business and individuals. “If the government does nothing going forward, then the impact of policy in Washington will shift from supporting economic growth […]

Copyright © 2024 The Stated Truth