Posted on March 11th, 2010 by Scott Nance
If healthcare reform is shaping up as the equivalent of political combat in the Senate, then consider the issue of climate change as its Cold War.
Legislation to limit greenhouse gas emissions through a new cap-and-trade system has languished in the Senate for the better part of a year. The bill has gone nowhere, despite the [...]
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Filed under: Congress, Conservatives, Economy, Energy, Environment, Global Warming, Jobs, Liberals, Obama Administration, Politics, Progressives, Sen. Dianne Feinstein, Sen. Harry Reid, Senate
Posted on March 5th, 2010 by Scott Nance
One of the nation’s oldest and largest labor unions is praising new, bipartisan legislation that would withdraw the United States from NAFTA, and vanquish one of the biggest enemies of American organized labor for more than 15 years.
A remarkably broad coalition of lawmakers from across the political spectrum came together Thursday to sponsor a bill [...]
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Filed under: Bill Clinton, Commerce, Congress, Conservatives, Economy, House of Reps, Jobs, Progressives, Recession
Posted on March 3rd, 2010 by Scott Nance
When it comes looking at the reasons why U.S. unemployment benefit programs need reform, proponents of reform could simply add up the millions of Americans out of work for 26 weeks or longer. Now they can add one more: Sen. Jim Bunning.
The nation’s unemployment rate stands at a pernicious 9.7 percent, but even that doesn’t [...]
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Filed under: Congress, Conservatives, Consumers, Deficit, Economic News, Economic Stimulus, Economy, In The News, Jobs, Political News, Political Parties, Politics, Republicans, Senate, Wingnuts
Posted on March 2nd, 2010 by Scott Nance
Republicans continued to support Sen. Jim Bunning’s effort to block an extension of unemployment benefits and other federal funding programs this week, even as a Democratic spokesman called the Kentucky Republican a hypocrite for his stance.
Senate Majority Leader Harry Reid (D-Nev.) tried again Tuesday to bring legislation to a vote that would extend unemployment insurance, healthcare [...]
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Filed under: Congress, Conservatives, Consumers, Democrats, Economic News, Economy, In The News, Jobs, Political News, Politics, Recession, Republicans, Sen. Harry Reid, Senate
Posted on February 28th, 2010 by Scott Nance
The Republican accomplishment last week to block extension of a variety of recession-related benefits will cause at least 27 Americans to lose their jobs, according to the chairwoman of the Senate Small Business and Entrepreneurship Committee.
The Senate GOP is supporting the effort of Sen. Jim Bunning (R-Ky.) to block a vote of a Democratic bill [...]
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Filed under: Congress, Conservatives, Consumers, Deficit, Democrats, Economic News, Economy, In The News, Jobs, Political News, Recession, Republicans, Senate
Posted on February 27th, 2010 by Scott Nance
Millions of out-of-work Americans are poised to lose critical benefits due to the opposition of one Republican senator who would only agree to an extension of those benefits if they come out of federal economic stimulus dollars, according to the Senate’s top Democrat.
The Senate adjourned for the week with Sen. Jim Bunning (R-Ky.) continuing to [...]
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Filed under: Congress, Conservatives, Consumers, Democrats, Economic News, Economy, In The News, In The News, Jobs, Obama Administration, Political News, Political Parties, Politics, Republicans, Senate
Posted on February 25th, 2010 by Scott Nance
Democrats in both the House and Senate introduced legislation Wednesday designed to protect the earnings and retirement savings of workers and retirees when businesses collapse.
The Protecting Employees and Retirees in Business Bankruptcies Act would make several changes to Chapter 11 bankruptcy law, putting workers interests near the top when companies file for bankruptcy, according to [...]
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Filed under: Congress, Economy, House of Reps, Jobs, Recession, Senate
Posted on February 22nd, 2010 by Scott Nance
Senate Republicans have “no excuse” to block a jobs bill set to come up for a procedural vote Monday because they have supported its key provisions in the past, Democrats say in a statement.
Senate Democrats will seek to overcome a filibuster to move ahead with a $15 billion piece of legislation aimed at improving sagging [...]
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Filed under: Breaking News, Congress, Economic News, Economy, In The News, Jobs, Massachusetts, Recession, Senate
Posted on February 17th, 2010 by Scott Nance
Anyone who thought the U.S. foreclosure crisis had abated would be wrong, according to an industry analyst who predicts a doubling of real estate foreclosure rates this year.
With much of Washington already consumed with reducing a decades-high unemployment rate, the White House and Congress may soon find themselves also redoubling efforts to help Americans save [...]
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Filed under: Consumers, Credit Crisis, Economic News, Economy, Foreclosures, Housing, In The News, Jobs, Obama Administration, Recession
Posted on July 5th, 2009 by Pamela Leavey
Joe Biden on “This Week” today: “The truth is, we and everyone else misread the economy.”
Biden acknowledged administration officials were too optimistic earlier this year when they predicted the unemployment rate would peak at 8 percent as part of their effort to sell the stimulus package. The national unemployment rate has ballooned to 9.5 percent [...]
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Filed under: Democrats, Economic News, Economic Stimulus, Economy, In The News, Jobs, Obama Administration, Pamela Leavey, Political News, Politics, Recession, Vice President Biden
