Personal spending rose 0.3 percent in February, the Commerce Department reported Monday. But US stimulus programs have not managed to boost household incomes.
President Obama's federal budget includes proposals to increase housing assistance and boost programs that help low-income Americans. That's good news for cities.
Deficit projections mean even Democrats are looking for ways to trim, some of them gimmicky.
But they're worried about massive deficit estimates, so even some lawmakers in his own party have their whittling knives out.
Tax cuts for workers will show up by May or June – but will total only about $13 a week.
The $789 billion plan cuts taxes and shores up safety net. But how long will its benefits last?
Some analysts say government spending is more reliable because consumers often pocket tax breaks.