Page 9 - 862 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> paul: welcome to the journal i'm paul gigot. the latest claim is 862 billion dollars of economic stimulus has saved or created three million jobs. polls show voters are far from convinced. business owners facing hundreds of new rules in the financial reform bill that passed this week buying what the administration is selling. at the u.s. chamber of commerce's job summit wednesday president donahue took on the obama white house for what he sees as job killing policies. >> instead of continuing their partnership with the business community, and embracing proven ideas for job creation, they at...

Expiration of the bush tax cuts on january 1st, i think that's what the public is looking for. >> paul: you're saying only policy changes not symbolism, not saying we are he' pro business or studies saying we've created a new-- they're actually, to be credible, they're going to have to change course. >> but the thing is paul. >> yes. >> as we were saying, the stimulus, 862 billion, roughly a trillion, is no plan b. >> paul: i would disagree, i think the policy you're seeing, that's true. that was their fiscal policy, but the broader economic policy is everything sinls, the financial regulation...

Expansion, major tax increases and suffocating regulations. going well beyond what has been done to keep the economy out of a depression. joining the panel this week, wall street columnist and department editor, dan henninger, claims freeman and washington columnist, kim extras strassel. you saw them roll out the stimulus. is this the beginning of the white house campaign for the fall, which is that the stimulus at work, happy days are here again. don't go back to those bad republican policies? >> if you can believe it, yes. you know, they've got an economy problem and it's coming to settle on...

Expansion, major tax increases and suffocating regulations. going well beyond what has been done to keep the economy out of a depression. joining the panel this week, wall street columnist and department editor, dan henninger, claims freeman and washington columnist, kim extras strassel. you saw them roll out the stimulus. is this the beginning of the white house campaign for the fall, which is that the stimulus at work, happy days are here again. don't go back to those bad republican policies? >> if you can believe it, yes. you know, they've got an economy problem and it's coming to settle on...

And in my playbook tonight, it's been a huge week for president obama and i think it turned out to be a great one for him politically. on wednesday, the white house reported that its $862 billion stimulus package created or saved about 3 million jobs. then he met with the house democratic leaders to lay out the agenda for the midterm elections. just yesterday, the senate passed the most sweeping financial reform since the great depression. the president will sign it into law early next week. and finally for the first time since april 20th no, oil leaking in the gulf. it finally got plugged. ...