The European Central Bank stands ready to cut interest rates and could re-start its bond purchase stimulus program if needed to help the economy, President Mario Draghi said Tuesday. Investors read the comments as a clear step toward more stimulus ...

Tagged with: bond European Central Bank interest rates President Mario Draghi stimulus

The Federal Reserve must be prepared to prevent a surge in inflation that may be sparked by the stimulus policies implemented during the credit crisis, according to a Federal Reserve Bank of St. Louis report. “What’s needed is an effective ...

Tagged with: Federal Open Market Committee Federal Reserve inflation Kevin Kliesen stimulus

The huge economic stimulus blew up in the faces of its supporters last week. The legislation led, we now know, to a massive tax fraud. If ever there was an object lesson in the perils of rushing out a stimulus ...

Tagged with: stimulus

The state's public defender office is mulling over the most effective use for money aimed at paring down its caseload. Approximately $2 million for the Public Defender Commission was tucked into a wide-ranging bill featuring some projects funded with federal stimulus money. After a series of starts and stops through the legislative process, the bill passed both the Senate and the House on Thursday evening, a little less than a day before a mandatory budget deadline. Pictured is House Budget Chairman Allen Icet, R-Wildwood.

Tagged with: Allen Icet budget public defender stimulus

The Missouri General Assembly has completed a budget that uses federal stimulus money to forestall cuts made to the state's judiciary system. (pictured is House Budget Chairman Allen Icet, R-Wildwood) As a result, both the judiciary and the state's public defender system will see slight increases to their 2010 operating budgets. Included in that budget bill is $37.3 million for the state's public defender system. The appropriation is slightly higher than what the department got during the current fiscal year.

Tagged with: budget Kevin Engler Missouri General Assembly public defender stimulus

The Missouri House has brought a package of projects back from the legislative graveyard on Monday, a move that resuscitates $2 million aimed at helping the public defender system. The House unexpectedly defeated a bill last Thursday that featured a ...

Tagged with: Allen Icet public defender stimulus

A legislative package that included projects funded with federal stimulus dollars was defeated on the floor of the Missouri House, a development that puts a $2 million allotment for the public defender system in jeopardy. The Missouri House quickly put ...

Tagged with: Allen Icet budget public defender stimulus

The Missouri House’s stimulus spending plan no longer contains an appropriation to remove mold from the Missouri Supreme Court Building. However, the plan, passed Wednesday on a 97-56 vote, does include $2 million to assist public defenders. Meanwhile questions abound ...

Tagged with: Allen Icet Missouri Supreme Court mold stimulus

A couple hundred residents gathered in the gymnasium at St. Charles County Community College Tuesday looking to the government for answers. However, U.S. Sen. Claire McCaskill only got to 10 questions submitted by the audience during the hour-long forum. Dozens ...

Tagged with: American Recovery and Reinvestment Act Claire McCaskill economy St. Charles County Community College stimulus

Tossing bags of billions of federal bucks at state and local governments desperately in need of cash hasn’t everywhere elicited tears of gratitude or knees bent in thanksgiving to the Obama administration. In South Carolina, Gov. Mark Sanford says he ...

Tagged with: Bobby Jindal Labor Department Louisiana Mark Sanford Obama Rick Perry South Carolina stimulus Texas unemployment

Stinson Morrison Hecker has formed a temporary practice group on a timely topic. In a press release on Thursday, the firm said it has created a Stimulus Strike Force to help businesses analyze, understand and access federal stimulus funds and ...

Tagged with: stimulus Stinson Morrison Hecker