These charts shows where the $24B of federal subsidies to energy projects went in 2011 and comparisons over the past 35 years.With his focus on alternative energy,Obama has ramped this number up to levels not seen before. This strategy is a payoff to environmentalists. Obama will tout his spending record this fall. This is a [...] [...]
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President Obama was meeting with CEOs Tuesday night, including Boeing’s Jim McNerney, to discuss jobs.WASHINGTON (CNNMoney) — Job creation was expected to be the topic at a closed-door meeting Tuesday night between President Obama and a lobbying group made up of CEOs whose ideas often clash with the administration’s.The Business Roundtable is a group made [...] [...] NEW YORK (CNNMoney) — Borrowers with some federally insured mortgages will be able to refinance into lower interest rate loans more easily and cheaply under a plan unveiled Tuesday by the Obama administration.At a news conference, President Obama announced that the Federal Housing Administration will cut upfront fees for refinanced loans it already insures. The [...] [...] Image: APFormer Massachusetts Gov. Mitt Romney called on President Barack Obama to prevent mandatory Defense spending cuts from going into effect in the aftermath of the super committee’s failure to reach an agreement. Under current law, about $600 billion will be cut from the Defense portion of the budget (the Pentagon, Homeland Security and a [...] [...] President suspends a new ozone requirment after fierce criticism from Republican lawmakers — and after the economy posts zero new jobs in August.NEW YORK (CNNMoney) — After weeks of Republican attacks on the Obama administration’s tightening of environmental regulations, the president said Friday he would halt a planned increase in clean air standards.In a statement [...] [...] Labor economist Alan Krueger (L) listens as U.S. President Barack Obama announces he will serve as the Chairman of the White House Council of Economic Advisers while in the Rose Garden of the White House in Washington, August 29, 2011. WASHINGTON (Reuters) – U.S. President Barack Obama, under pressure to spur job growth, said on [...] [...] U.S. President Barack Obama delivers a statement on Libya from his vacation on Martha’s Vineyard in Massachusetts August 22, 2011. VINEYARD HAVEN, Mass., (Reuters) – President Barack Obama and International Monetary Fund chief Christine Lagarde both feel the world economy needs further steps to boost growth in the short term, the White House said on [...] [...] The gist is basically this: Bearded, wonky academic economists believe a whole bunch of nonsense that nobody with a modicum of common sense could possibly subscribe to. And unfortunately, because The White House listens to academics — rather than real people with common sense — nothing the White House has done economically has worked. The [...] [...] * Remarks reflect intense political pressure on Fed* Distraction from economy, jobs – central 2012 issues(Inserts White House comment, paragraphs 15-18)By Patricia ZengerleWASHINGTON, Aug 16 (Reuters) – Texas Governor Rick Perry has only been a presidential candidate since Saturday, but the Republican hopeful has already produced some of the most inflammatory rhetoric of the early [...] [...] * Remarks reflect intense political pressure on Fed* Distraction from economy, jobs – central 2012 issuesBy Patricia ZengerleWASHINGTON, Aug 16 (Reuters) – Texas Governor Rick Perry has only been a presidential candidate since Saturday, but the Republican hopeful has already produced some of the most inflammatory rhetoric of the early 2012 campaign.Perry seemed to threaten [...] [...] President Obama wants to extend the payroll tax holiday and unemployment benefits to boost the economy.NEW YORK (CNNMoney) — Now that the debt ceiling crisis is behind him, President Obama is ready to focus on the top problem plaguing the American economy: weak job creation.Part of his prescription for 2012 revolves around cutting payroll taxes [...] [...] WASHINGTON | Sun Aug 7, 2011 3:07pm EDT “The president asked Secretary Geithner to stay on at Treasury and welcomes his decision,” White House spokesman Jay Carney said in a statement. Geithner had been mulling leaving once Washington agreed to raise the U.S. debt ceiling. (Reporting by Jeff Mason; editing by Mohammad Zargham) Social BookmarkingCheck [...] [...] Rich Barbieri, On Sunday August 7, 2011, 3:49 pm EDT Treasury Secretary Tim Geithner is staying put, the Obama administration announced Sunday. “Secretary Geithner has let the president know that he plans to stay on in his position at Treasury,” a Treasury spokeswoman said in a statement. White House Press Secretary Jay Carney said that [...] [...] NEW YORK (CNNMoney) — Treasury Secretary Tim Geithner is staying put, the Obama administration announced Sunday. “Secretary Geithner has let the president know that he plans to stay on in his position at Treasury,” a Treasury spokeswoman said in a statement. White House Press Secretary Jay Carney said that the president had asked Geithner to [...] [...] |
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