by Rachel Janik | Feb 5, 2013 | Business
WASHINGTON —Congressional gridlock and confusion on Capitol Hill is damaging the American economy and the capabilities of the private sector, experts told a House committee Tuesday. Jared Bernstein, a senior fellow at the Center on Budget and Policy Priorities, a...
by Fritz T. Burgher | Jan 23, 2013 | Business
WASHINGTON — Surrounded by more than twenty Democratic congresswomen, Minority Leader Nancy Pelosi called for immediate bipartisan support Wednesday to renew the 1994 Violence Against Women Act. “For nearly two decades, the Violence Against Women Act has...
by Marshall Cohen | Jan 23, 2013 | Business, Politics
WASHINGTON — House Republicans approved Wednesday a three-month suspension of the federal debt limit in a move intended to pressure Senate Democrats to pass a budget in the interim. The bill passed 285-144 with support from most Republicans and about half of the...
by Catherine Reid | Jan 22, 2013 | Business, Politics
WASHINGTON — A group of House Republicans met Tuesday at a conservative think tank for an event billed as Conversations with Conservatives – and Wednesday’s House vote on extending the debt limit topped their agenda. Rep. David Schweikert, R-Ariz., said extending the...
by Kimberly Railey | Jan 22, 2013 | Business, Education
Dr. Shane Lopez, Gallup senior scientist in residence, quoted and explained statistics that showed 43% of children grades 5-12 saying they’ll start their own business someday and 42% of kids saying they will invent something that will change the world. But while...
by Audrey Cheng | Jan 20, 2013 | Business
The Presidential Inaugural Committee drastically cut down the number of balls this year since President Barack Obama’s last inauguration, and one of the ones to go was the Youth Ball. So entrepreneur and Millennial Trains Project Founder Patrick Dowd decided to...
by Marshall Cohen | Jan 16, 2013 | Business, Politics
Rep. Jerrold Nadler, D-N.Y., and Rep. Jan Schakowsky, D-Ill., prepare to announce a new bill that would eliminate the federal debt ceiling. (Kimberly Railey/Medill)Rep. Jim Moran, D-Va., says the debt ceiling, now set at $16.4 trillion, was once a “mere...
by Fritz T. Burgher | Jan 16, 2013 | Business, Politics
WASHINGTON – Although certainly a smaller scale, tens of thousands of Americans have descended upon the nation’s capital to observe the beginning of President Obama’s second term. Members of the media met with a number of inauguration organizers on Wednesday to...
by Marshall Cohen | Jan 16, 2013 | Business, Politics
WASHINGTON — The House of Representatives approved $51 billion in federal aid for Superstorm Sandy victims Tuesday after hours of debate and weeks of pressure from Northeast lawmakers. The bill was passed 241-180, relying on strong Democratic support and 45 Republican...
by Fritz T. Burgher | Jan 15, 2013 | Business
WASHINGTON – The Commerce Department’s advance estimates for retail and food service sales released Tuesday showed better than expected growth and a steadily improving economy, with sales of $415.7 billion, an increase of 0.5 percent from November and up 4.7 percent...
by Summer Delaney | Jan 15, 2013 | Business
WASHINGTON – A new poll of 600 small business owners shows they are pessimistic about job growth this year and disappointed that the federal government hasn’t done more to cut their taxes, officials of the Job Creators Alliance said Tuesday. The alliance, a group of...
by Fritz T. Burgher | Jan 9, 2013 | Business, Politics
WASHINGTON — Leaders of the National Governors Association urged Congress on Wednesday to clear the air of uncertainty and swiftly deal with the nation’s looming fiscal issues. Delaware Gov. Jack Markell and Oklahoma Gov. Mary Fallin delivered the NGA’s first-ever...