Paulson says fiscal stimulus needed urgently
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U.S. Treasury Secretary Henry Paulson on Friday said that there was an urgent need for a fiscal stimulus program to give the slowing economy a boost but said it was not in danger of stalling.
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U.S. Treasury Secretary Henry Paulson urged China on Thursday to work toward a freely floating exchange rate to help disarm critics of Beijing's trade and currency policies.
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Henry M. Paulson Jr. said today that economic choices by Chinese leaders were imperiling their nationÂs future.
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Pressure is mounting on Treasury Secretary Henry M. Paulson Jr. to produce results or face protectionist measures in Congress next year.
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President Bush is putting together his first public call for an emergency fiscal stimulus bill while negotiations on Capitol Hill focus on rebates for taxpayers and other steps to jump-start the sagging economy
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The U.S. economy will be penalized by  the current crisis in credit markets but the overall outlook  was still benign, U.S. Treasury Secretary Henry Paulson said in  a newspaper interview published on Thursday.
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U.S. Treasury Secretary Henry Paulson  has launched a review of disaster planning for the financial  markets, the Financial Times reported on Saturday.
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MANILA President Gloria Macapagal Arroyo said on Monday that the Philippines&#39; finances were in &quot;crisis&quot; and that taxes would have to be raised soon to remedy the situation.
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Treasury Secretary Henry M. Paulson Jr. said efforts to persuade China to let its currency rise in value had achieved âsome resultsâ but that Beijingâs leadership needed to do far more.
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The Federal Reserve Chairman Friday urged the federal government to reduce its budget deficit and to encourage greater personal saving.
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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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U.S. Treasury Secretary Henry M. Paulson Jr. said that China needed to quicken the pace of its economic reforms.
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Treasury Secretary Henry Paulson  said on Wednesday he was concerned special interest groups were  lining up for handouts in an economic stimulus bill and urged  senators to keep it focused on simple tax rebates.
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Treasury Secretary Henry Paulson urged China to undertake a broad range of economic reforms and said the country's failure to overhaul its currency system could raise the threat of a protectionist backlash.
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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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China must step up the pace of economic reforms because the rest of the world is growing impatient for it to do so, U.S. Treasury Secretary Henry Paulson said on Thursday.
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Treasury Secretary Henry Paulson said on Tuesday he was confident the U.S. and global economies were resilient but welcomed an emergency rate  cut by the U.S. Federal Reserve as a helpful move.