Economy
Bunning Gives Middle Finger Fastball To Jobless Americans As Bluegrass-Gate Prepares To Explode
The filibuster saga in which retiring Republican Sen. Jim Bunning of Kentucky refuses to lift a block on a bill extending unemployment benefits and funding infrastructure projects reached an entirely new level on Monday.
The controversy threatens to spill over from a legislative spat involving a bitter lawmaker nearing the end of his political life to […]
CBO Says Stimulus Saved Millions Of Jobs
The case against the economic impact of President Obama’s stimulus package continues to fray as Democrats feel emboldened to hit back against Republican criticism that the president’s plan was a failure that did not create a “single job” in the year since it was signed into law.
The Congressional Budget Office released analysis on Tuesday indicating […]
Senate Jobs Bill Passes With Bipartisan Vote
After legislative drama on Monday that saw five Republicans, including new GOP star Scott Brown, break with the rest of their party and help end a GOP filibuster, the $15 billion jobs bills backed by the White House and crafted by Senate Majority Leader Harry Reid was approved in a 70-28 Wednesday vote.
The package of […]
Happy Birthday, Stimulus! A Flop, A Failure…Or A Stunning Success?
Wednesday marks the one-year anniversary of the American Recovery and Investment Act, President Obama’s signature program to boost the struggling economy, and the White House is marking the occasion with an aggressive campaign to rebut critics of the plan and convince Americans that the stimulus has worked mostly as intended, saving ir creating millions of […]
White House, Dems Launch Aggressive PR Blitz On Stimulus Anniversary
The one-year anniversary of the stimulus package is being used by Democrats and the White House to launch a major PR campaign to shore up a mixed bag of public support for President Obama’s signature initiative and to target Republican lawmakers who condemned the proposal even as they were lobbying the government for stimulus funds […]
Obama Beats Blame, GOP Agenda In New Poll…But Sour Numbers Hard To Ignore
President Obama’s approval rating is back under 50 percent according to the latest New York Times/CBS News poll, but he still escapes much of the blame from a public that is fed up with partisanship in Washington and an economy that overwhelmingly remains the number one issue for Americans.
The president’s job approval rating has fallen […]
Reid Scraps Bloated Jobs Bill, Gives GOP a “Choice”
The intricacies and potential pitfalls of the aggressive push for bipartisanship in Washington were all too apparent on Thursday as Democrats and Republicans agreed in principle on a compromise jobs package that was ultimately rejected by the Senate’s top Democrat.
Senate Majority Leader Harry Reid scrapped a bipartisan jobs bill agreed to by Democrat Max Baucus […]
The New Normal? Senate Jobs Bill Has Strong Bipartisan Flavor
Democrat Max Baucus and Republican Chuck Grassley released details on Thursday of their compromise jobs legislation and struck an impressive blow for bipartisan dealings in what could be a changed Washington.
Baucus and Grassley unveiled a proposals for an $85 billion bill that includes payroll tax breaks for new hires, extended unemployment benefits as well as […]
President Scales Back Wall Street Rhetoric In Bid To Shed Anti-Business Label
President Obama told Bloomberg’s BusinessWeek on Wednesday that he does not “begrudge” the millions of dollars in bonuses some financial company executives have received this year, a comment that could be seen as a departure from the strident populist rhetoric Obama has used against Wall Street for much of his presidency.
The remarks have started a […]
Senate Outlines Watered Down Jobs Bill Designed For Bipartisan Support
Senate Majority Leader Harry Reid unveiled a draft outline of jobs legislation touted by Democrats and President Obama as being a major component of their push to make sure jobs is the “number one” priority as Americans continue to express frustration over the slow economic recovery.
The proposal introduced by Senate Democrats on Tuesday strips away […]
