Darlene Superville and Tom Raum, Associated Press Writers, On Friday September 10, 2010, 2:04 pm EDT WASHINGTON (AP) — President Barack Obama insisted Friday that the U.S. economy is digging itself out of the deepest recession in decades but conceded that “progress has been painfully slow” and many voters in November’s elections may blame him. [...]
March 16 (Bloomberg) — U.S. employers won’t hire enough workers this year to lower the jobless rate much below the level of 9.7 percent reached in February, three Obama administration economic officials said today. The proportion of Americans who can’t find work is likely to “remain elevated for an extended period,” Treasury Secretary Timothy F. [...]
Monday, 01 Feb 2010 02:44 PM While President Barack Obama is proposing to cut some taxes for companies that hire workers, his budget would raise a host of other taxes on businesses and wealthy individuals. Obama’s budget would extend his signature Making Work Pay tax credit — $400 for individuals, $800 for a couple filing [...]
Tuesday, 12 Jan 2010 03:48 PM The Federal Reserve Bank of New York faces a congressional subpoena into bailout decisions made under the leadership of now-Treasury Secretary Timothy Geithner. Rep. Edolphus Towns, D-N.Y., said Tuesday he will subpoena the New York Fed for documents related to the bailout of failed insurer American International Group Inc. [...]
By Ian Swanson – 01/12/10 09:44 AM ET U.S. Chamber of Commerce President Tom Donohue warned the U.S. faces a double-dip recession because of the taxes and regulations under consideration by the Democratic Congress and President Barack Obama. “Congress, the administration and states must recognize that our weak economy simply could not sustain all the [...]
With credit tight and consumers still pinching their pennies, many business owners find they can’t go on. By Nathan Olivarez-GilesDecember 22, 2009 The Obama administration’s new plan to give a boost to small businesses reflects continued trouble in that sector, which is facing new failures even as much of the nation’s economy is stabilizing. As [...]
By Gerald Warner UK Last updated: December 15th, 2009 Climategate is a global household name. No cat has ever emancipated itself more completely from the bag. It is a world-wide scandal – thanks to the internet. Yet, as its ramifications proliferate and dominoes continue to fall, the most repeatedly asked question online is: how can [...]
by Publius. House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) released the following statement today regarding the report commissioned by ACORN released by Scott Harshbarger report on ACORN: “How surprising is it that a report paid for by ACORN exonerates them? There are numerous federal and state investigations currently underway that [...]
Sunday, December 6, 2009 9:51 AM President Barack Obama’s national security adviser says the door remains open for Iran to work with other countries on its nuclear program. But James Jones also says the “picture is not a good one.” Jones says the clock is ticking toward the end of the year. That’s when Obama [...]
December 4, 2009 No, it wouldn’t do anything for the environment. But two Hollywood conservatives (yes, there are some) have called upon the Academy of Motion Picture Arts and Sciences to rescind the prestigious, profitable gold Oscar statuette that it gave ex-Vice President Al Gore et al two years ago for the environmental movie “An [...]