As you can see, so far more than $11 trillion has been promised for economic stimulus efforts.

But what I’m really looking forward to is Thursday’s preview of the 2010 budget. This is his first budget as president, and Barack Obama insists that what he puts into place starting in 2010 will result in cutting the deficit in half by 2013.

I thought I’d do a very simple work-up of how things might have played out had we bought a brand-new Prius instead of the used Prius and taken the tax credit.

Here are some of the things in the economic stimulus bill that are most likely to affect you personally.

Now is not the time to stimulate the “their” version of the economy at the risk of destroying your own financial future.

At any rate, as I enjoyed sledding and building a snowman, the Senate passed its version of the economic stimulus bill and Timothy Geithner, the Treasury Secretary, revealed a bank rescue plan.

Vote in the personal finance poll below and, if you are so inclined, leave a comment sharing your views.

One of the big questions that many people — including myself on CNN Money — have been asking is this one: How much would we get if the bailout went to taxpayers instead of banks?

Last night, the House passed its economic stimulus bill, sans Republican support. Quite honestly, I am disappointed. Mainly because the few really good ideas in the stimulus bill have been completely watered down by a bunch spending that does little more than perpetuate that status quo of throwing money at the problem.

Right now, deflation is a concern for the economy. Prices are falling and credit is restricted. However, the government is on the verge of a massive economic stimulus package, and that means that more money will be injected into the system. More money means that the value of your dollar — its purchasing power — is reduced. When we start getting flooded with dollar, it means inflation is a very real possibility.
Protecting yourself from inflation with TIPS

If you want to preserve your purchasing power, you can make investments that protect against inflation. One of those investments is in Treasury Inflation-Protected …read more