Washington, DC…Right now, there’s a big debate taking place in Washington that will affect how much you pay in taxes next year. If Congress doesn’t act, tax rates will automatically go up for just about everyone in our country. Typical middle class families would end up paying an extra $3,000. That’s unacceptable to me. Not […]
AssociatedPress | While speaking at a community college in North Carolina Monday, President Barack Obama said he would back a solution on tax cuts even if he doesn’t get everything he wants. (Dec. 6)
Hi, this is Joe Biden. I’m filling in for President Obama this weekend because he’s on his way back from Afghanistan, where he was spending some time with the brave men and women of our Armed Forces. It’s tough to be far from home during the holidays, especially in a warzone, so he wanted to […]
Washington, DC… I am very pleased that the United States and South Korea have reached agreement on a landmark trade deal that is expected to increase annual exports of American goods by up to $11 billion and support at least 70,000 American jobs. Last month in Seoul I directed our negotiators to achieve the best […]
Washington, DC…The unemployment rate edged up to 9.8 percent in November, and nonfarm payroll employment was little changed (+39,000), the U.S. Bureau of Labor Statistics reported today. Temporary help services and health care continued to add jobs over the month, while employment fell in retail trade. Employment in most major industries changed little in November. […]
Washington, DC…The Federal Reserve Board on Wednesday posted detailed information on its public website about more than 21,000 individual credit and other transactions conducted to stabilize markets during the recent financial crisis, restore the flow of credit to American families and businesses, and support economic recovery and job creation in the aftermath of the crisis… […]
Washington, DC…THE PRESIDENT: Hello, everybody. Good morning, everybody. Let me begin by pointing out that although Washington is supposed to be a town of sharp elbows, it’s getting a little carried away. For those of you who are worried about my lip, I should be okay. The doctor has given me a clean bill of […]
Washington, DC…This weekend, I’m concluding a trip to Asia whose purpose was to open new markets for American products in this fast-growing part of the world. The economic battle for these markets is fierce, and we’re up against strong competitors. But as I’ve said many times, America doesn’t play for second place. The future we’re […]