Economy

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Calif. Officials Will Need To Confront Budget Shortfall

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Nov. 19, 2009 | John Myers | KQED Public Broadcasting | 0 comments

California faces a budget deficit of nearly $21 billion. That's according to a report released Wednesday by a nonpartisan budget analyst. The study was released less than four months after legislators patched together a budgetary compromise.

Geithner: Use Leftover Bailout Money To Cut Deficit

 Nov. 19, 2009 | Deborah Tedford | National Public Radio | 0 comments

Treasury Secretary Timothy Geithner said the government's $700 billion bailout program will end "as soon as we can," and that part of it will be used to lower the record deficit. He urged Congress to move quickly in overhauling the nation's financial rules, which he says is key to a healthy economy.

Counting stimulus jobs is tough work

 Nov. 18, 2009 | Martin Kaste | NPR | 0 comments

The Web site Recovery.gov says 640,000 jobs have been created or saved by the government stimulus. But the head of the board that tracks stimulus spending tells Congress he can't certify that number is "accurate and auditable." A reporter finds that counting the jobs created or saved isn't an easy task.

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