Paulson: Fiscal stimulus should be quick, temporary
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Treasury Secretary Henry Paulson  said on Friday that any economic stimulus program should be  temporary and designed to kick in quickly if it is to be  useful.
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Don't expect lawmakers and Treasury Secretary Paulson to stave off a downturn, if that's where the economy is headed.
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The stimulus package being hashed out between Congress and the White House, along with the Fedâs recent rate cut, should give a modest boost to the U.S. economy by mid-2008, the I.M.F. said.
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With lawmakers nipping at his heels over U.S. trade deficits, Treasury Secretary Henry Paulson will try to persuade key Asian nations during a visit this week that they must act quickly to help tamp down protectionist pressures.
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WASHINGTON -- The major slump in the housing market is nearing an end and should not have a significant impact on the overall economy, Treasury Secretary Henry Paulson said yesterday.
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DAVOS, Jan 27 (IPS) - International Monetary Fund managing director  Dominique Strauss-Kahn has proposed a global fiscal stimulus to  prevent economic contagion from the worsening housing and credit  market crisis in the United States.
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Treasury Secretary Henry Paulson  said on Monday the Bush administration was considering how to  give the economy a boost as it weathers a housing correction,  but does not want to rush.
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U.S. Treasury Secretary Henry Paulson   on Monday played down hopes for "quick fixes" in the drive to   persuade China to let its currency rise, damping market   speculation about swifter Asian currency appreciation.
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President of the US Federal Reserve Bank of Atlanta Jack Guynn said on Wednesday that the soft patch that the US economy hit recently was likely to be short-lived.
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Treasury Secretary Henry Paulson said there was an urgent need for fiscal stimulus to give the slowing economy a boost but said it was not in danger of stalling.
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Despite remarkably quick passage, the economic aid plan and its cash rebates may come too late to prevent a recession this year. For many experts, however, the $168 billion boost to the lagging economy may mean the difference between a short downturn and something much more serious.
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A consensus that the struggling U.S. economy needs rescue emerged on Thursday as the powerful Federal Reserve chairman backed the idea and President George W. Bush urged a quick and temporary fiscal package.
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Skeptical economists and a worried public question whether the rebates for more than 130 million Americans and tax breaks for businesses will be quick enough or effective enough to avert a recession
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Top House leaders and Treasury Secretary Henry Paulson Wednesday tallied the cost of measures to jolt the economy out of its slump
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Treasury Secretary Henry Paulson told Congress on Wednesday that the Bush administration was doing all it could to get China to move more quickly on currency reform in the face of a soaring U.S. trade deficit.
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Treasury Secretary Henry M. Paulson Jr. said today that China needed to quicken the pace of its economic reforms.
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Taxpayers, walk away from the gift wrap and pick up your pencils. You have less than a month to strategize your way out of the alternative minimum tax for 2006.