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Today’s release of the U.S. Labor Department’s statistic for the month of February marked good news for stock holders as 236,000 new jobs were added to the U.S. economy. As it stands, the unemployment rate fell to 7.7 percent, its lowest figures in over four years.
As President Obama prepares for his State of the Union address, House Speaker John Boehner is throwing criticism his way. With the fiscal crisis still hovering over the commander in chief’s second term, Boehner believes that the president is too chicken to actually to cut spending.
Congress moved quickly to approve a $9.7 billion aid bill for residents affected by Superstorm Sandy earlier today. After House Republicans were criticized for nixing a late Tuesday vote over a $60 billion bill, Friday’s session was approved swiftly amid divide over the government assistance package reports the Washington Post.
As the House and Senate convened earlier today to establish the incoming 113th Congress, Republican John Boehner remained speaker of the House in a vote that saw some of his own party members breaking away from the Ohio congressman.
President Obama praised the Supreme Court’s ruling on his controversial healthcare reform law, Thursday (June 28). The 5-4 vote, marked a narrow victory for the POTUS, but a win nonetheless. “Today’s decision was a victory for people all over this country whose lives are more secure because of this law,” he said in a televised statement […]