Peter Orszag will become the first member of President Obama’s cabinet to leave: White House budget director Peter Orszag plans to leave government in July, becoming the first member of President Barack Obama’s Cabinet to depart, administration officials said Monday. Orszag is likely to join a think tank, colleagues said. Presidential advisers say a possible successor as director […]
From a Washington Post breaking email alert: Sales at U.S. retailers rose more strongly than expected in March as consumer stepped up purchases of vehicles and wide range of goods, government data showed on Wednesday, suggesting a broadening of the manufacturing-led economic recovery. The Commerce Department said total retail sales jumped 1.6 percent, the largest […]
This is another sign of the times: Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it’s simply somebody else’s problem. About 47 percent will pay no federal income taxes at all for 2009. Either their incomes were too low, or they qualified for enough credits, deductions and exemptions […]
We are finally starting to see some job growth, though unemployment still remains at 9.7%: The nation’s economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight month. The increase is the latest sign that the economic recovery is sustainable and healing […]
Here is John Boehner on Sunday claiming no stimulus is being spent in Ohio: But there’s a problem. Ohio has been spending stimulus funds, and now John Boehner has been called out on his lie and had to issue a “clarification”: When U.S. House Minority Leader John Boehner told a newscaster Sunday that not a […]
Chuck Schumer isn’t having any of this a la carte crap that governors like Bobby Jindhal is trying. He has released a letter sent to the White House urging them to send either all funds or none at all to state. The money quote (no pun intended – ok maybe a little one): As you […]
Or Republican Governor refuses stimulus money because of some failed far right ideology: When President Obama signed the Economic Recovery and Reinvestment Act last week, it included three different provisions to benefit unemployed workers. The first provided funding to states that allowed for a $25 per week increase in benefits. The second extended the Emergency […]
Oh this is just priceless: Republicans wrapped up their retreat Friday by signaling they are losing patience with President Obama and the Democratic leadership in Congress. Former Gov. Mitt Romney (R-Mass.) criticized the new administration on Friday, saying it had promised to reach out to Republicans on the Capitol Hill, but then offered an economic […]