Public money may not be enough in 2008
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Those three dollars you've set aside in your tax returns as a good deed toward clean presidential elections? Forget about it. Nobody wants them anymore.
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We may be in a recession, but there's a lot of economic-development money out there. Go get it.
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A. $2.1 trillion B. $920 billion C. $230 billion D. $100 billion A. $2.1 trillion is not correct. While more than 5 billion people live in the developing world, the total aid given to help their development last year was considerably less than $2.1 trillion.
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With the cost of the 2008 presidential campaign likely to top one billion dollars for the first time, the race for the White House is driven more than ever by candidates' quest for campaign cash.
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Bonuses are back at the Energy Department. The department got caught in a budget squeeze late last year when Congress failed to complete the annual spending bills funding the government on time. Worried that they would not be able to make ends meet and might even have to lay off employees, officials...
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Investor's Business Daily - The economy will be "very weak" for several months and grow modestly in '08, but inflation remains a concern, said Richmond Fed chief Jeffrey Lacker. "I am uncomfortable with the inflation picture. ... If energy prices fail to decline, monetary policy decisions will be that much more difficult in 2008," he said. Lacker, who doesn't have a vote in policy decisions this year, is a well-known inflation hawk.
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When the Washington area's housing market boomed at the turn of the century, so did local government spending. Now a cooler market is creating budget gaps in a region that until recently was spared leaner times.
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At their national convention, Republicans were short on specifics on how to pay for an economic agenda in a second Bush administration. One reason is that President Bush could end up having to back a tax increase, just as his father did.
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Why this familiar financial rule-of-thumb falls very, very short.
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Presidential candidates arenÃ¢ÂÂt the only ones expected to shatter spending records during the 2008 campaign. With both partiesÃ¢ÂÂ nominations up for grabs, crowded candidate fields, and full-tilt campaigning already under way in early 2007, taxpayers will be paying more than ever to ensure the safety of presidential hopefuls.
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What you're counting on might not be enough.
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The massive funds raised by private equity firms and the faster-than-expected speed with which they're spending them are stretching some of their investors thin, causing concern that there won't be enough money to go around in 2007.
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Election officials Wednesday proposed overhauling the way tax dollars can be used to cover the cost of running for president, including an increase in the amount that can be spent by primary candidates who take public money.
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The money is disappearing, yet the struggle to stand out continues.
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The massive funds raised by private  equity firms and the faster-than-expected speed with which  they're spending them are stretching some of their investors  thin, causing concern that there won't be enough money to go  around in 2007.
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By Malcolm Moore, Economics Correspondent (Filed: 28/08/2004). The US may not be able to fund its pensions and healthcare commitments, and must make changes soon, Alan Greenspan, chairman of the Federal Reserve, warned yesterday.
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Economic assumptions from President Bush's proposed 2008 budget: