Paulson Says Fiscal Stimulus Needed Urgently
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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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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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WASHINGTON -- Treasury Secretary Henry Paulson told Congress on Wednesday that the federal government will hit the current debt ceiling on Oct. 1.
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For the sake of the global economy, China needs to accelerate the pace of currency reform and overhaul its economy to be less dependent on exports, Treasury Secretary Henry Paulson said Wednesday.
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U.S. Treasury Secretary Henry  Paulson urged China on Tuesday to let its currency rise faster  in value and warned that rising protectionism threatened  U.S.-China relations.
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Treasury Secretary Henry Paulson on Wednesday stood by his view that the U.S. economy will avoid recession this year and said the Treasury will act quickly to distribute tax rebate payments.
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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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House Financial Services Committee   Chairman Michael Oxley on Wednesday urged U.S. Treasury   Secretary Henry Paulson to push harder for a Senate compromise   on legislation to reform government-sponsored housing   enterprises, saying time was quickly running out.
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US Treasury Secretary Henry Paulson said Sunday he believes the US economy will continue to grow but emphasized the need to quickly implement an emergency stimulus package now in Congress.
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U.S. News & World Report - With a presidential election less than 300 days away and the economic expansion listing badly, the White House and Congress are cooking up a recipe for fiscal stimulus. President Bush this morning called for about $145 billion worth of tax relief and other incentives to stimulate a sagging economy and fend off a possible recession. He said a growth package must include tax incentives for business investment and "direct and rapid" tax relief for individuals. Here is the skinny:
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U.S. Treasury Secretary Henry Paulson urged China on Thursday to work toward a freely floating currency, only to be told that America fails to understand how Beijing is making headway on economic reform.
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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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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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The Bush administration is working to combat the country's severe housing crisis but there is no simple solution, Treasury Secretary Henry Paulson said Monday
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A one-time tax rebate is at the heart of an economic stimulus package being negotiated by House leaders and Treasury Secretary Henry Paulson on Wednesday.
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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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Treasury Secretary Henry Paulson on  Friday said that it will take time to work through the problems  contributing to current financial market turmoil but expressed  confidence U.S. growth will not be derailed.