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via Arthur Delaney, The Huffington Post Since Republicans proposed drug testing the unemployed last week, both Republican and Democratic leaders in Washington have been quiet on the controversial proposal. Spokesman for House Speaker John Boehner (R-Ohio) and House Majority Leader Eric Cantor (R-Va.) have repeatedly referred questions on specific parts of a broader Republican jobs … Continue reading
via Amy Bingham, ABC News Now that the 12-member congressional “supercommittee” has announced its failure to produce an all-encompassing, deficit-reduction package before its Wednesday deadline, the full Congress faces deadlines of its own. Before lawmakers pack up for Christmas, they must first decide whether to extend the payroll tax break and long-term unemployment benefits, both … Continue reading
via Richard Wolf, USA Today After spending less than 36 hours in Europe last week for a G-20 summit of world economic leaders, President Obama may wish he could run on his record for re-election here rather than back home. The stalled U.S. economy, his biggest political burden, is doing just fine by today’s European standards. His actions in … Continue reading
via Michael McAuliff, The Huffington Post Senate Majority Leader Harry Reid leveled a blistering attack at Republicans Tuesday that echoed the message of Occupy Wall Street, saying the GOP wants to protect the very richest Americans at the expense of everyone else. Reid (D-Nev.) was arguing against Senate Republican resistance to a $60 billion measure … Continue reading
via Travis Waldron, ThinkProgress House Republicans took the government to the brink of shutdown last spring by demanding across-the-board budget cuts to many vital programs. Instead of focusing on job creation, as Americans wanted them to, the GOP turned its attention to slashing funds for programs that funded assistance for women and children, local law … Continue reading
via Marie Diamond, ThinkProgress Yesterday, Senate Republicans unveiled their much-hyped alternative to President Obama’s jobs plan. The “Jobs Through Growth Act” is heavy on Republicans’ favorite policies like cutting corporate taxes and reducing regulation, but light on details. Nevertheless, Sen. Rand Paul (R-KY) declared that it would create 5 million jobs. Moody’s Analytics estimated that … Continue reading
via Jillian Berman, The Huffington Post Women make up slightly more than half of the U.S. population, but they gained less than 4 percent of new jobs created last month, according to a recent report by the National Women’s Law Center. Women gained 4,000 jobs in September out of a total of 103,000, a NWLC … Continue reading
Starbucks Corp CEO Howard Schultz, decrying a lack of leadership in Washington, said his chain of coffee shops is helping to launch a nationwide fund designed to stimulate U.S. job creation. Starbucks introduced on Monday the “Create Jobs for USA” fund in partnership with Opportunity Finance Network (OFN), a group of private financial institutions that … Continue reading
President Barack Obama’s job-creation package effectively fell to pieces on Monday as a top Republican lawmaker said the House of Representatives will only pass portions of the $447 billion measure. As Obama continued to press lawmakers for a vote on his signature legislation, Representative Eric Cantor, the No. 2 House Republican, said that was not … Continue reading
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 success as all-or-nothing … Continue reading
If 2,000 Tea Party activists descended on Wall Street, you would probably have an equal number of reporters there covering them. Yet 2,000 people did occupy Wall Street last Saturday. They weren’t carrying the banner of the Tea Party, the Gadsden flag with its coiled snake and the threat “Don’t Tread on Me”. Yet their message was clear: … Continue reading
Google Chairman Eric Schmidt called on Washington to think big about solutions for the nation’s struggling economy calling the current emphasis on cutting spending instead of new stimulus “ludicrous.” The economy would need “not just something like the jobs bill, but also significant government stimulation in terms of buying power and investment,” said Schmidt on … Continue reading
Republican opposition is solidifying to President Barack Obama’s $447 billion job creation plan, and his pending proposal to raise taxes on millionaires is already under GOP fire. “If we’re just going to do class warfare and get tax increases out of this, then I don’t think much will come of it,” Rep. Paul Ryan (R-Wis.) … Continue reading
New York City Mayor Michael Bloomberg warned today that public frustration over joblessness in the U.S. is in danger of boiling over and could lead to riots in the streets if the government fails to create more jobs. “You have a lot of kids graduating college who can’t find jobs. That’s what happened in Cairo. … Continue reading
House Republican leaders came out against nearly all the major proposals in President Obama’s $447 billion job-creation plan Friday, including his middle-class tax cuts and his approach to federal spending on transportation and school construction. In a memo to all House Republicans, the GOP leaders said cutting payroll taxes through 2012 would lead to a … Continue reading
House Speaker John Boehner (R-Ohio) criticized President Obama’s jobs plan in an economic address in Washington on Thursday, calling it “a poor substitute for the pro-growth policies that are needed to remove barriers to job creation in America.” In a speech to the Economic Club of Washington, Boehner outlined the Republican plan for job creation … Continue reading
President Obama sent his jobs bill to Congress on Monday, urging lawmakers to put aside “political games” and pass the $447 billion plan meant to increase hiring as the government struggles to curtail persistent high unemployment. But just two hours after Mr. Obama, flanked by firefighters, construction workers and teachers in the Rose Garden, waved a copy … Continue reading
The Brandt Standard 