Economy
3/4/2010 | Economy
House to Vote on Jobs Bill That Includes Tax Breaks for New Hires
Associated Press
A measure blending highway funding eagerly sought by the states with tax breaks for companies that hire unemployed workers appeared headed for House passage Thursday as Democrats work to send President Barack Obama the first of several promised election-year jobs bills.
Some Democrats, especially those representing minority districts, feel that the Senate's $35 billion proposal is too puny. The pressure, however, is on Democrats to create jobs and to deliver a badly needed win for Obama and a Democratic Party that's struggling in opinion polls and faces losses in upcoming midterm elections.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate3/2/2010 | Economy
American reliance on government at all-time high
The Washington Times
The so-called "Great Recession" has left Americans depending on the government dole like never before.
Without record levels of welfare, unemployment and other government benefits as well as tax cuts last year, the income of U.S. households would have plunged by an astonishing $723 billion — more than four times the record $167 billion drop reported last month by the Commerce Department.
Moreover, for the first time since the Great Depression, Americans took more aid from the government than they paid in taxes.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate2/22/2010 | Economy
Obama Says Raising Taxes Will Fix Social Security
Associated Press
President Barack Obama says Social Security is slowly running out of money but that it can exist well into the future with a slight fix.
The system is funded with a tax on earnings, up to $109,000 a year. Obama says lifting that cap to tax a larger share of income would be one way to extend the system of monthly payments for retirees. It also would be unpopular with some.
Without an adjustment, Obama said Social Security will start to run out of money in about 20 years as more people begin collecting benefits.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate2/19/2010 | Economy, Healthcare
Economy forces states to reduce Medicaid spending
USA Today
More than half the states are reducing Medicaid services and payments to health care providers this year as the recession propelled enrollments to record levels and sapped money from treasuries.
Governors who will meet with President Obama this weekend have taken some actions to close budget deficits. Arizona froze enrollment in its Children's Health Insurance Program. California plans to close adult day health care centers next month. Nevada is cutting coverage for eyeglasses, dentures and hearing aids.
Most states are threatening bigger cuts starting in July unless Congress extends a higher federal contribution included in last year's $862 billion economic stimulus law. Some of those cuts would make it harder for low-income people to qualify.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteMarjorie Dannenfelser, President and Chairman of the Board, Susan B. Anthony ListWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Amy Payne, Director of Communications, Americans for ProsperityTony Strickland, Taxpayer Advocate2/16/2010 | Economy
Brand names fight to stay in stores
CNNMoney.com
Don't be shocked if you can't find your favorite salad dressing or mouthwash on your next trip to Wal-Mart.
Large retailers -- including Wal-Mart (WMT, Fortune 500), the world's biggest -- are wrestling with having too many types of brand-name products. At the same time, shoppers are buying less and looking for bargains.
So unless a particular brand is a top seller in its category, it's getting knocked off the shelf -- and sometimes getting replaced by a cheaper store brand.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate2/15/2010 | Economy
U.S. Debt Will Keep Growing, Even With Recovery
Associated Press
It's bad enough that Greece's debt problems have rattled global financial markets. In the world's largest economic and military power, there's a far more serious debt dilemma.
For the U.S., the crushing weight of its debt threatens to overwhelm everything the federal government does, even in the short-term, best-case financial scenario -- a full recovery and a return to pre-recession employment levels.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate2/12/2010 | Economy
Senate Democrats Scrap Bipartisan Jobs Bill for Pared-Down Version
Associated Press
Senate Democrats scrapped a bipartisan jobs bill in favor of one they say is leaner and focused solely on putting Americans back to work, and they're all but daring Republicans to vote against it.
The new, stripped-down proposal followed criticism that the bipartisan version wouldn't create many jobs.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate2/11/2010 | Economy
Bailout panel cites commercial real estate danger
Associated Press
Over the next several years, failed commercial real estate loans could litter American cities with empty stores and office complexes, cause hundreds of bank failures and weaken the economy, a watchdog report says.
Banks face up to $300 billion in losses on loans made for commercial property and development, according to a report released Thursday by the Congressional Oversight Panel. The panel monitors the government's efforts to stabilize the financial system.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate2/5/2010 | Economy
Senators Spar Over Jobs Bill
Wall Street Journal
Democratic and Republican senators struggled to hammer out a modest bipartisan job-creation package Thursday, reflecting how a turbulent political atmosphere is snarling even legislation with popular support.
The halting cross-party cooperation reflects intense public pressure for the parties to develop legislation designed to tackle the nation's high unemployment. But even if a jobs bill passes in the Senate next week, it faces skepticism in the House, which passed its own comprehensive jobs package in December. An array of more controversial job-creation proposals have been left for later, leaving their fate in doubt.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate2/4/2010 | Economy, Healthcare
Public Health Tab to Hit Milestone
Wall Street Journal
For the first time, government programs next year will account for more than half of all U.S. health-care spending, federal actuaries predict, as the weak economy sends more people into Medicaid and slows growth of private insurance.
The figures show how federal and state spending is taking a bigger role while Congress hesitates over a health-care overhaul.
Over the next ten years, health spending is expected to balloon to $4.5 trillion. Despite this, the government's health overhaul has stalled, Peter Landers reports.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteMarjorie Dannenfelser, President and Chairman of the Board, Susan B. Anthony ListWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Amy Payne, Director of Communications, Americans for ProsperityTony Strickland, Taxpayer Advocate2/4/2010 | Economy
First-time jobless claims rise unexpectedly
Associated Press
The number of newly laid-off workers filing initial claims for jobless benefits rose unexpectedly last week, evidence that layoffs are continuing and jobs remain scarce.
The rise is the fourth in the past five weeks. Most economists hoped that claims would resume a downward trend that was evident in the fall and early winter.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate2/2/2010 | Economy
Clyburn: 'We've got to spend our way out of this recession'
The Hill
The U.S. government must spend its way out of the recession, the Democrats' third-ranking House leader stressed Monday.
Rep. James Clyburn (D-S.C.), the House majority whip, said that trying to find greater savings in the budget, which was released by President Barack Obama this morning, wouldn't help alleviate the recession.
"We've got to make some decisions here as to what's in the best interests of our country going forward," Clyburn said during an appearance on Fox News. "And I think the best interest is to invest in education, control these deficits, while at the same time trying to get people back to work."
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate2/2/2010 | Economy
Federal Watchdog: TARP Program Opens Way for Deeper Economic Meltdown
CNSNews.com
Neil Barofsky, the man tasked with overseeing the administration of the Troubled Assets Relief Program (TARP), told Congress in a report released Sunday that the bank bailouts have cleared the path to another financial crisis -- potentially even more grave than the 2008 crisis.
“(E)ven if TARP saved our financial system from driving off a cliff back in 2008,” Barofsky wrote, “absent meaningful reform, we are still driving on the same winding mountain road, but this time in a faster car.”
The special inspector general for TARP added: “It is hard to see how any of the fundamental problems in the system have been addressed to date.”
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate2/1/2010 | Economy
White House to paint grim fiscal picture
Reuters
The White House will predict a record budget deficit in the current fiscal year and more big shortfalls for the next decade in its upcoming budget proposal, a congressional source told Reuters on Sunday.
In its budget proposal to be released on Monday, the White House predicts a record $1.6 trillion budget deficit for the fiscal year that ends September 30, the Capitol Hill source said.
According to the estimate, deficits will narrow to $700 billion by fiscal 2013 before gradually rising back to $1.0 trillion by the end of the decade, the source said.
President Barack Obama will seek to strike a balance between reducing the deficit over the long term and stimulating the economy in the short term to ease the pain of double-digit unemployment.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate2/1/2010 | Economy
White House budget boosts market regulators' funds
Reuters
The White House proposed giving market regulators more funding to examine and police Wall Street as the government struggles to hold those accountable for the worst financial crisis in decades.
Under the Obama administration's fiscal 2011 budget, the Securities and Exchange Commission would get a 10.3 percent increase in funding and the Commodity Futures Trading Commission's budget would increase by 28 percent.
The White House also proposed nearly $1 billion in additional funds for various regulators, contingent on Congress passing legislation to reform the country's financial regulation.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate1/29/2010 | Economy
Wages and benefits rise weak 1.5 percent in 2009
Associated Press
Wages and benefits paid to U.S. workers posted a modest gain in the fourth quarter, ending a year in which recession-battered workers saw their compensation rise by the smallest amount on records going back more than a quarter-century.
The anemic gains have raised concerns about the durability of the economic recovery. The fear is that consumer spending, which accounts for 70 percent of economic activity, could falter if households don't have the income growth to support their spending.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate1/28/2010 | Economy
Spending Cuts – Not Revenues – Key to Solving Budget Shortfall, GOP Leaders Say
CNS News
Top House Republicans Eric Cantor (R-Va.) and Paul Ryan (R-Wis.) said that spending cuts, not increased revenues, were the key to resolving the nation’s projected $6 trillion in deficit spending over the next decade.
Speaking at different Capitol Hill press conferences Wednesday, Cantor – the GOP Whip – and Ryan – its ranking budget hawk – said that the federal government must enact major spending cuts if it is to prevent adding trillions of dollars to the national debt over the next decade.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate1/26/2010 | Economy
Obama to propose freeze on government spending
Washington Post
Under mounting pressure to rein in mammoth budget deficits, President Obama will propose in his State of the Union address a three-year freeze on federal funding that is not related to national security, a concession to public concern about government spending that could dramatically curtail Obama's legislative ambitions.
The freeze would take effect in October and limit the overall budget for agencies other than the military, veterans affairs, homeland security and certain international programs to $447 billion a year for the remainder of Obama's first term, senior administration officials said Monday, imposing sharp limits on his ability to begin initiatives in education, the environment and other areas of domestic policy.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate1/26/2010 | Economy
Pelosi Says Jobs ‘Permeated’ Congressional Actions in Year of 10 Percent Unemployment
CNSNews.com
House Speaker Nancy Pelosi (D-Calif.) said that the issue of job creation has “permeated” the efforts of congressional Democrats over the past year. Pelosi’s statement stands in stark contrast to a bleak jobs year that saw unemployment rise to over 10 percent.
“The jobs issue has permeated everything, [every] major initiative that we have,” Pelosi said at her weekly press briefing Thursday. The speaker outlined the various proposals that she said had pulled the economy “back from the brink” over the past year.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate1/22/2010 | Economy
Geithner aired concern on bank limits-sources
Reuters
U.S. Treasury Secretary Timothy Geithner has expressed some skepticism behind closed doors about the broad bank limits proposed on Thursday by his boss, President Barack Obama, according to financial industry sources.
The sources, speaking anonymously because Geithner has not spoken publicly about his reservations, said the Treasury chief is concerned the proposed limits on big banks' trading and size could impact U.S. firms' global competitiveness.
Recommended Guests:
Karin Agness, Founder and President, Network of enlightened Women (NeW)David Bossie, President, Citizens UnitedDan Celia, Host, "Financial Issues Live" Radio ProgramWard Connerly, Author/Founder and Chairman, American Civil Rights InstituteWilliam Devlin, National President, Redeem The VoteJames Edwards, Cofounder, Olive, Edwards, & Cooper, LLCJoseph Farah, CEO, Founder, WorldNetDailyJames Gelfand, Senior Manager of Health Policy, U.S. Chamber of CommerceColin Hanna, Colin Hanna, President, Let Freedom RingLowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.Larry Hunter, President, The Social Security InstituteJoe Murray, Columnist, The BulletinGrover Norquist, President, Americans for Tax Reform (ATR)Tony Strickland, Taxpayer Advocate