Money
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Understanding the stimulus bill

Money | What’s the purpose of lawmakers’ $2 trillion proposal?
by David L. Bahnsen
Posted 3/24/20, 08:59 pm

The U.S. Senate and the Trump administration have spent the better part of a week now moving the country toward a $2 trillion fiscal stimulus package designed to address the explosive economic costs of the coronavirus threat. The American economy has come to a virtual halt for the past week or so, and it’s likely to be in such a state for another couple of weeks, maybe longer. Lawmakers are under pressure to somehow prop up the economy through various mechanisms available to the legislative branch.
 

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It’s a dog’s life

Money | A tale of cultural change
by Marvin Olasky
Posted 1/30/20, 01:13 pm

Some of you will be reading this on Feb. 12, Abraham Lincoln’s birthday in 1809. Lincoln is integral to the story I’m about to tell, but, first, some context.

Susan and I are the proud caretakers of our fourth dog, Greeley, named after famed newspaper editor Horace Greeley, whose birthday was Feb. 3, 1811. We liked our previous three dogs, but we like 5-year-old Greeley even more, so what I’m about to relate is no reflection on him: It’s a tale of cultural change.

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Associated Press/Photo by Steven Senne

Fed cuts rates to keep economy rolling

by Lynde Langdon
Posted 10/31/19, 10:42 am

Federal Reserve Chairman Jerome Powell expressed confidence in the U.S. economy despite manufacturing slowdowns brought on by the trade war with China. The Fed expects the quarter-point cut it made to short-term interest rates on Wednesday to be its last for a while.

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