A dozen Senate Democrats joined Republicans in voting against a stimulus package that would add about $80 billion to the deficit. President Obama says it will save state and local jobs.
The US barely generated any private sector jobs in May. Is the $787 billion economic stimulus not big enough, or is it not working at all?
Many economists agree another stimulus package is necessary. Some are skeptical about its benefits.
Economists foresee renewed economic growth over the next few months, but increased inflation and declining wealth will take a bigger toll.
Economists can't officially call it a 'recession' until six months after it began, but this one's arrival seems noisier.