All Posts Tagged With: "jobs"
Jobs and Opportunity Tours to be launched by White House
President Barack Obama is returning to the jobs issue by launching a group of Opportunity and Middle Class Jobs Tours that will begin on Thursday in the state of Texas, said a White House spokesperson. Obama plans to visit areas that are growing to better understand what has been done to help them with their [...]
Obama Criticizes Republican Members of Congress
President Barack Obama’s re-election campaign was given a boost on Friday thanks to the latest Department of Labor jobs report. Obama after getting the good news told supporters that the country was headed in the right direction, but Republicans in Washington were stopping the country from additional growth and must do something that will help [...]
Obama Funds State Transportation Projects
President Barack Obama will send $473 million to 49 US states and Washington, D.C. for various transportation projects. These funds were earmarked for the projects in past federal budgets but were not spent. States have until October 1 to tell the federal government how they will apply the funds for transit, highway, passenger rail or [...]
Jobless Claims Higher Than Expected, Home Sales Drop
More people in the U.S. filed for jobless benefits than were expected and pre-owned home sales dropped unexpectedly, indicating there may be a moderation in the economic expansion of past three years. Labor Department data today showed that jobless claims dropped by 2,000 for the week that ended April 14, to 386,000. The estimate by [...]
Obama Intensifies Campaign against Romney
President Barack Obama expected to face Mitt Romney when the republican primaries started and he has already tagged his opponent as an uncertain protector of the rich. The winner of the fall election will be decided by the economy. Last Wednesday, the presidential election started to feel like a two man contest for the first [...]
Obama Asks Republicans to Explain their Opposition to Jobs Bill
President Barack Obama has traveled across the country for weeks to push his jobs plan to the public. Now the president wants the Republicans in congress to explain why they oppose his proposal. He is firm with his stance that the American public needs his jobs bill for the economy to improve. The president wants [...]
Democrats in Senate Add Tax Increase for Millionaires to Obama’s Jobs Bill
Senate Democrats amend President Barrack Obama’s jobs bill by adding a 5.6 percent tax on income over $1 million. The proposal will be more likely to be blocked by the Republicans. This new proposal picks up on White House’s lead that suggests that the wealthiest Americans are not paying enough taxes. The Senate Democrats’ $447 [...]
Obama’s Jobs Council Should Practice What They Preach
President Obama organized a job council that the administration will ask for advice on solving the country’s unemployment problem. But five of the largest companies in the council are focused more on their overseas operations for growth. The companies that rely on foreign revenues for most of their sales are General Electric, Intel, Citigroup, DuPont, [...]
