July 22, 2010 – On Thursday U.S. Speaker of the House Nancy Pelosi confirmed her support for eliminating lower tax rates for wealthy Americans.
She said, “Our position has been that we support middle-income tax cuts. The tax cuts at the high end have increased the deficit enormously.”
Senate Democrats Kent Conrad, Evan Bayh, and Ben Nelson [...]
July 21, 2010 – On Tuesday the Senate voted 60 to 40 to restore emergency jobless benefits to the millions of Americans who have been unemployed for more than 6 months.
The full Senate is supposed to take a final vote on the bill today. Yet Senate Republicans are relentlessly filing motions that may delay [...]
July 20, 2010 – In an attempt to ensure that the unemployment insurance benefits extension measure will be passed by the Senate the Democrats have cut the measure down to its bare essentials.
Millions of people who have been jobless for six months or more will receive average benefits of $309 per week if the Democrats [...]
July 19, 2010 – On Monday President Barack Obama asked Congress to pass an extension for unemployment benefits.
With the unemployment rate at 9.5%, the president criticized the Republicans for preventing passage of the bill which would have given a measure of relief to approximately 1.2 million jobless Americans.
And, referring to a bill that would expand [...]
July 17, 2010 – Carte P. Goodwin, the former general counsel to West Virginia’s governor Joe Manchin III, has been chosen to temporarily fill the Senate seat held by Robert Byrd.
Manchin chose the 36 year old attorney to hold the seat until the special election which will probably be held in November. Manchin may [...]
July 17, 2010 – In his weekly Saturday radio and online address President Barack Obama accused Senate Republicans of playing politics with bills to extend unemployment benefits and increase small business lending.
He said that the GOP has chosen to “filibuster our recovery and obstruct our progress” by blocking votes on items that would stimulate the [...]
July 15, 2010 – On Thursday afternoon Congress gave its final approval on revisions to the country’s financial regulatory system.
The bill attempts to rewrite the rules for Wall Street in order to prevent the problems that caused the 2008 economic crisis.
Three Republicans from the northeast joined with the Democrats in the Senate to pass the [...]
July 15, 2010 – Senate Majority Leader Harry Reid (D-Nev.) said Thursday that as soon as the replacement for the late Sen. Robert Byrd (D-W.Va.) is sworn in on Tuesday he will bring the bill to extend unemployment votes up for a vote.
Over 2 million employees who’ve been laid off for more than six months [...]
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. [...]
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