Number: R40104 Title: Economic Stimulus: Issues and Policies Authors: Jane G. Gravelle, Senior Specialist in Economic Policy; Thomas L. Hunderford, Specialist in Public Finance; Mark Labonte, Specialist in Macroeconomic Policy Abstract: This report first discusses the current state of the economy, including measures that have already been taken by the monetary authorities. The next section reviews the proposed economic stimulus package. The following section assesses the need for, magnitude of, design of and potential consequences of fiscal stimulus. The final section of the report discusses recent and proposed financial interventions. Pages: 19 Date: January 16, 2009