Posted on March 17th, 2010 by Scott Nance
Rep. David Obey has made no secret of his skepticism of President Obama’s direction in Afghanistan. But when it comes to Obama’s economic policies, the chairman of the House Appropriations Committee on Tuesday leaped to the president’s defense.
In fact, the veteran Wisconsin Democrat opened a hearing on the federal budget and broader economic outlook for [...]
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Filed under: Bush Admin, Congress, Conservatives, Consumers, Corporatism, Credit Crisis, Deficit, Economic News, Economic Stimulus, Economy, House of Reps, In The News, Liberals, Obama Administration, Political News, Politics, President Barack Obama, Progressives
Posted on February 21st, 2010 by Scott Nance
Republican Sen. John Cornyn simultaneously is excoriating Democrats over the rising federal budget deficit, but also is attacking the Obama administration for a proposal to cut tax subsidies to big oil and natural gas companies.
Cornyn, a Texas lawmaker and a member of the Senate Finance and Budget committees, criticizes Democrats for approving a number of [...]
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Filed under: Congress, Conservatives, Corporatism, Deficit, Gas Prices, Obama Administration, Politics, Senate, White House
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