Page 16 - 620 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Projects of the national parks up eight times. so the money is out there. it's working. and specifically, in those infrastructure jobs, according to white house and the office of the vice president, you're going to see infrastructure stuff at work. remember last summer we heard people saying, wait a minute, all this money is -- how come we're not spending more money quickly? well, it was always meant to be staggered. i wanted to show you how it breaks down. they have spent $620 billion so far, but there was tax relief, so you've already had the tax credit in your paycheck, and in fact, probabl...

Broadband access. there's no reason why europe or china should have the fastest trains instead of the united states. >> president obama in columbus, ohio, focusing on the economy. he is there to mark the 10,000th road project to be funded by the recovery act. it is expected to create more than 300 jobs. the obama administration says $620 billion in recovery act money has been spent so far, and officials say that has resulted in 2.5 million jobs saved or created. let's get the details behind the numbers on the stimulus money and jobs. let's turn to christine romans of our cnn money team. christ...

Doubling federal revenues over the next decade. the first being planned for the end of this year when president obama let's part of the bush tax cuts expire and some liberal groups believe this is the right approach, adding the wealthy should have the responsibility to help solve the country's fiscal problems. >> gretchen: will the wealthy be called upon to solve the financial woes? >> that's a tough one because for one, the president tends to raise tax rates for singles, making more than $200,000 a year. second, he also plans to raise tax rates for couples making more than $250,000 a year. an...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.