As the 2008 financial crisis erupted, the government faced an
urgent task: It had to quell fears that big banks might collapse.
Such failures would have worsened the crisis and punished financial
markets. So the government injected billions into Wall Street banks
_ infuriating taxpayers.
Agriculture Secretary Tom Vilsack said Thursday that crop
subsidies aren't going to be enough to help revitalize rural
economies and he expects the federal government to do to more to
help small town America.
BISMARCK, N.D. (AP) - The Great Plains Synfuels Plant in western
North Dakota has undergone a $48 million upgrade to combat a
problem that caused a lengthy shutdown more than two years
ago.
New tax breaks enacted last year are causing confusion for
taxpayers and enforcement problems for the Internal Revenue
Service, according to a government report issued Thursday, the
deadline for filing individual returns.
Legislation blending help for the jobless with popular tax
breaks for businesses and individuals is slated to pass the Senate
Wednesday over protests from conservatives who say it adds too much
to the $12.5 trillion national debt.
Nokia Corp. said Thursday it will offer free navigation services
globally for users of its smart phones, in a drive to counter a
similar move by Google Inc.
With many families suddenly struggling to feed themselves, the
big warehouse clubs known for king-size packages of steak and jumbo
boxes of Cheerios are increasingly competing with grocery stores
for the 36 million Americans now on food stamps.