Economy
Washington Post Perspective: Why Corporate Profits Have Returned, But Hiring American Workers Has Not
Are you like many across the US, who wonder when the economy will rebound in the form of jobs for Americans?
You may be surprised to learn what was highlighted in the recent Washington Post article, The new division of labor: adding profits, subtracting workers. In the article, Steven Pearlstein offers another [...]
Today’s Unemployment Crisis by the Numbers
The Center for American Progress (CAP) recently published a co-branded memo from CAP and the National Employment Law Project that takes examines the unemployment crisis and its long term effects not only on our economy but the unemployed workers. Written by Heather Boushey, Christine Riordan, and Luke Reidenbach, the memo, entitled Today’s Unemployment Crisis, [...]
What the Defeat of the Jobs Bill in the Senate Means for States, the Economy and Millions of Americans
Were you rooting for the Job’s Bill to pass the Senate?
If you were, you were disappointed like many Americans across the country including state officials who were not only disappointed but genuinely panicked. There was a lot riding on this bill. With it’s defeat, over 200,000 Americans every week will now [...]
Healthcare Reform Addressing Health Disparities
Interested in learning more about how health reform benefits you and others across America or learning more about the programs for which you may be eligible?
On March 23, 2010, President Obama signed into law the comprehensive health reform legislation, the Patient Protection and Affordability Act. One week later he signed the Health Care [...]
The Big Oil Bailout Prevention Liability Act
Do you think BP is doing enough to both clean up the oil spill and to compensate the victims of this environmental disaster?
Since the April 20th oil rig explosion, we’ve learned details on how the explosion could have been prevented, the fact that BP had no real plan to handle this mess and [...]
Congressional Budget Office on the Restoring American Financial Stability Act of 2010
The non-partisan Congressional Budget Office released its cost estimate for the Restoring American Financial Stability Act of 2010. While the bill has been much debated over the past few weeks, attention on the bill is full center as the Senate readies for a vote.
Take a look at the summarized CBO finding below and let us [...]
US Consumer Spending Steadily Increasing
New data released this week shows the US economy is moving forward—with GDP growing for the third straight quarter (at an annual rate of 3.2% in the first quarter of 2010) and consumer spending rising the most in three years:
According to the Wall Street Journal,
The U.S. economy grew briskly in the [...]
This Week’s Legislative Calendar
PUBLISHED FRIDAY, MARCH 5, 2010
MONDAY, MARCH 8, 2010
On Monday, the House will not be in session.
TUESDAY, MARCH 9, 2010
On Tuesday, the House will meet at 12:30 p.m. for Morning Hour debate and 2:00 p.m. for legislative business with votes postponed until 6:30 p.m.
Suspensions (14 Bills)
1. H.Res. 1055 – Supporting the designation of National Robotics Week [...]
Word of the Week – Cloture
This week’s word of the week comes as President Obama calls on Congress to pass a historical health care reform bill. The Democratic majority give Congress the ability to pass the bill with a simple majority. The official term for this is Cloture.
What exactly is Cloture? Read more below:
Cloture - The only procedure by which the [...]
Protecting America’s Employees: New Legislation Would Protect Workers, Retirees When Their Employers Go Bankrupt
Democrats in both the House and Senate introduced legislation recently designed to protect the earnings and retirement savings of workers and retirees when businesses collapse.
