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WASHINGTON — Democratic National Committee (DNC) Chair Rep. Debbie Wasserman Schultz (D-Fla.) accused the Republican Party of acting in bad faith in economic negotiations on Sunday, saying the GOP was allowing the economy to “remain stagnant” in order to score political points. “We need Republicans and Democrats to work together,” said Wasserman Schultz on CNN’s [...]
WASHINGTON (AP) — President Barack Obama saluted Dr. Martin Luther King Jr. Sunday as a man who “stirred our conscience” and made the Union “more perfect,” rejoicing in the dedication of a monument memorializing the slain civil rights leader’s life and work. “I know we will overcome,” Obama proclaimed, standing the 30-foot granite monument to [...]
WASHINGTON — President Barack Obama is targeting vital North Carolina and Virginia this week, as he kicks off a three-day bus tour that is as much about campaigning for his jobs bill as it is shoring up support in two southern states he wrested from Republican control when he won the White House. Obama’s 2008 [...]
Anita Perry, the wife of Texas Gov. Rick Perry, said she sympathized with the unemployed Friday because her son resigned from his job at Deutsche Bank to campaign for his father, reports CNN. “He resigned his job two weeks ago because he can’t go out and campaign with his father because of SEC regulations,” she [...]
The U.S. economy added 103,000 jobs in September, while the unemployment rate held steady at 9.1 percent, according to new data from the Bureau of Labor Statistics. The numbers beat economists’ expectations but barely keep pace with population growth, reinforcing the growing fear among many that the labor market recovery is dead in the water. [...]
WASHINGTON — He deployed hand chops, finger wags, furrowed brows. He was sarcastic, demanding, partisan. “I’m not going to cave to the competition,” President Barack Obama declared midway through Thursday’s news conference. He was talking about America’s economic rivals abroad. But he could just as well have been referring to his Republican antagonists at home. [...]
WASHINGTON — By choosing to adopt a millionaires tax hike as a means to cover the cost of the president’s jobs bill, Democratic leadership has closed out what was once a relatively heated internal party dispute over how to wage the tax policy debate. And for the time being, the victor appears to be Sen. [...]
At a news conference on Thursday, President Barack Obama said he’s “comfortable” with Senate Democrats including a 5.6 percent surtax on millionaires in an amended version of his administration’s plan to boost job creation. “The approach that the Senate is taking I’m comfortable with,” he said. “In order to deal with the jobs bill, we’re still [...]
The U.S. economy added 103,000 jobs in September, while the unemployment rate held steady at 9.1 percent, according to new data from the Bureau of Labor Statistics. The numbers beat economists’ expectations but barely keep pace with population growth, reinforcing the growing fear among many that the labor market recovery is dead in the water. [...]
WASHINGTON (AP) — The White House and congressional Republicans just can’t agree on the best prescription for the economy, with President Barack Obama demanding passage of his $447 billion jobs bill and the GOP pushing to cut government red tape. Both efforts, the focus of competing radio and Internet addresses Saturday, face little chance of [...]