July 15, 2010 – A Congressional committee hearing on Wednesday disclosed that U.S. airlines made $7.9 billion in fees in calendar years 2008 and 2009 for optional services that were “not fully disclosed to passengers at the time of booking.”
The fees in question included additional charges for check-on luggage, refreshments, reservation changes, cancellation fees, and [...]
July 14, 2010 – The director of the National Economic Council, Lawrence H. Summers has written on the White House blog that $10 billion dollars has been lost to the United States economy since the expiration of the unemployment insurance program in May.
The ten billion dollars is the amount of money that jobless Americans who [...]
July 13, 2010 – On Tuesday White House Press Secretary Robert Gibbs said, “I think this president will press and my belief is the Senate will take up and we will pass next week an extension of unemployment insurance.”
A number of political observers are saying that unemployment insurance seems to have become a political football. [...]
July 13, 2010 – Voting on extending unemployment benefits for an additional six months seems to be stalled as the Democrats await Governor Manchin’s decision for a temporary replacement for the late Senator Robert Byrd.
When the Senate did not pass HB 4213 before the July 4 recess 1.2 million jobless people lost their unemployment benefits. [...]
July 13, 2010 – Americans are experiencing the longest bout of long-term joblessness since the Great Depression.
More than six million people – almost 46% of the nation’s 14,600,000 unemployed – have been jobless for more than six months.
The Labor Department has said that for every job opening there are nearly five unemployed people available to [...]
July 13, 2010 – According to a poll of 1,288 adults across the United States the majority of those polled have lost confidence in just about everyone who is calling the shots in Washington.
Fifty-eight percent of those polled say that they have “just some” or no confidence in President Barack Obama. This [...]
July 12, 2010 – Joe Manchin, West Virginia’s Governor, said he will announce a temporary replacement for Senator Robert Byrd (D-W.Va.) as early as Friday but no later than Sunday.
The replacement could give Harry Reid (D-Nev), the Senate Majority Leader, the vote he needs in order to pass the unemployment benefits extension bill.
Prior to Congress’ [...]
July 12, 2010 – On Monday Senate Minority Whip Jon Kyl (R-Ariz.) said that tax cuts for the wealthy should not be offset by increasing revenue elsewhere.
Shortly thereafter the White House jumped on Kyl’s statements that unemployment insurance should be paid for but cutting taxes should not.
Kyl asserted that, “The best way to generate growth [...]
July 12, 2010 – Congress just returned from a week-and-a-half vacation during which more than a million Americans lost their unemployment benefits.
In five months mid-term elections will determine if the Democrats can hold on to their majorities in both chambers or if the Republicans can gain some of the more vulnerable Democratic seats and [...]
July 12, 2010 – During an appearance on CNBC on Monday, House Minority Whip Eric Cantor (R-Ohio) said that the GOP will take control of the House of Representatives in the upcoming elections.
Gibbs added that “When we regain the House, because I do think that we’ll retake the majority, the president will have to deal [...]
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