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Unemployment Rate Drops in January

Tweet The unemployment rate in the United States fell in January to a record low in the last three years. At the same time, payrolls increased more than expected. These changes casted doubts on the Federal Reserve’s plan to keep the interest rates low until late 2014. The jobless rate fell to 8.3 percent, which is the lowest level since February 2009.... 

Attorney General and Republicans Fight over Failed Gun Operation

Tweet Republicans in the House said that senior officials at the Justice Department should have known about the controversial strategies employed at the failed operation to track illegal firearms deals to Mexico because the information were readily available to them. President Barack Obama’s administration has been criticized for over a year over the... 

President Barack Obama Asks Congress to Approve Small Business Bill ASAP

Tweet President Barack Obama asked Congress to act on the bipartisan measures that will extend the tax breaks for small businesses as well as help startup companies raise funds. The president said that he would sign the legislation immediately. Obama wants to include in his 2013 budget proposal a set of business measures that have been sitting in Congress... 

Santorum Presents his Jobs Plan in St. Charles County

Tweet With just eight days before the Missouri presidential primary, Rick Santorum campaigned at the St. Charles County. He touted his proposals to improve the competitiveness of American manufacturers. The former Pennsylvania senator wants the government to get out of the way. Santorum called for the repeal of the federal tax on companies that manufacture... 

Gingrich Plans to Go All the Way to Republican National Convention

Tweet Former House Speaker Newt Gingrich announced that he would go all the way to the Republican National Convention no matter what happens on Tuesday, when GOP voters in Florida select who they want to run against President Barack Obama in November. He added that he expects to win the nomination in the convention. His future plan was made public in... 

People Criticize President Obama’s Small Initiatives

Tweet People criticized President Barack Obama for proposing small bail initiatives during his State of the Union address. Gone are the measures to confront climate change or to improve the immigration system. Instead the president settled for small measures that can be passed unilaterally. He has several in his list and he mentioned three more in his... 

Obama’s State of Union Argues that the Nation Needs a Strong Government

Tweet During his State of Union Address, President Barack Obama said that he wants the government to have a strong role in times of federal deficits and increasing taxes. The Republicans often say that the government is the problem but the president said that the government is a major contributor to the improvement of the country’s economy. The president... 

Obama Uses State of the Union Address to Make Populist Pitch

Tweet President Barack Obama gave a populist economic vision during his recent State of the Union address. This would widen the policy battle between the Democrats and Republicans. The president wants to increase the tax on wealthier Americans, support domestic manufacturing, and launch a new probe into the mortgage crisis. The president’s initiatives... 

Obama Sings during a New York Fundraiser

Tweet President Barack Obama sang a bar from an Al Green song during a fundraiser in New York. This surprised everyone in attendance. The president jokingly asked why he wasn’t ushered offstage yet. This was the first time that Obama sang on stage during this year’s campaign. The presidential performance happened at Manhattan’s Apollo Theater last... 

Obama Raises $68 Million for Campaign in Fourth Quarter

Tweet President Barack Obama’s camp, together with the Democratic National Committee, announced that it managed to collect over $68 million in the fourth quarter of 2011. Obama for America raised more than $42 million while the DNC collected $24 million. The announcement was made by OFA Campaign Manager Jim Messina via a video emailed to supporters. Messina...