propublica

Infrastructure Spending Shafts the States That Need It

Feb 18, 2009
ProPublica did some digging into the infrastructure spending bundled into the stimulus package -- the $100 billion that promises have the biggest impact in terms of job creation -- and found that Wyoming is getting more than $20,100 per unemployed worker while Michigan, a state on the verge of a labor apocalypse, is expected to have to make do with just $2,434.37.

Stimulus Survives Senate Pecking

Feb 11, 2009
The Senate passed its own version of the stimulus package Tuesday, slashing funding in areas that would most effectively stimulate the economy, such as aid to low-income Americans and states, while expanding tax cuts. The House and Senate bills must now be reconciled with one another.
Join our newsletter Stay up to date with the latest from Truthdig. Join the Truthdig Newsletter for our latest publications.

Good Riddance

Jan 21, 2009
Say it with us: former President Bush. After eight crazy years, George W. Bush is escaping to Texas, where he plans to work on his memoirs and, one imagines, clear some brush. He leaves a nation in despair. Perhaps his greatest achievement was scaring America into the arms of Barack Obama. Heckuva job, Bushie.

Geithner’s Record of Failure

Jan 15, 2009
Forget that business with the maid whose work papers expired The real scandal with Timothy Geithner, Barack Obama's choice to head the Treasury Department, is his history of lax regulation -- at least where his friends at Citigroup were concerned ProPublica did some digging and found that Geithner's New York Fed "eased the reins as the company blew billions ".

2008 Bailouts to Cost More Than All Others Combined

Sep 25, 2008
Assuming the administration's $700-billion scheme is approved, the total price tag for bailouts this year -- including Bear Stearns, AIG and Freddie and Fannie -- will be roughly three times greater than all other U.S. bailouts ever. Because $1.015 trillion is a hard figure to wrap one's head around, ProPublica puts the numbers in perspective.