Working Poor Families Battered By Great Recession, Expiration of Recovery Act Programs

By: Tuesday December 21, 2010 8:20 am

In a beat sweetener this morning, Jacob Lew defended the tax cut bill by saying, “This is not a package we could have supported if it didn’t take care of the workers who are most vulnerable.” He’s talking about the extensions of the refundable tax credits like the expanded EITC and the child tax credit. [...]

Obama Asks for $50 Billion in Additional Stimulus

By: Sunday June 13, 2010 9:19 am

In the clearest indication yet that the White House believes the economy needs more stimulus to keep the recovery going, President Barack Obama sent a letter to the Congressional leadership of both parties, begging that they add into upcoming bills measures to keep poor people on their health insurance and aid struggling state and local [...]

Your US Congress: Still Tinkering with Insufficient “Jobs Bill” and Loophole Closures, Six Months Later

By: Wednesday June 9, 2010 7:42 am

The months and months of effort put into a bill that won’t create much of anything in the way of jobs – more of a bill to stave off more disaster than anything – is a perfect model for a dysfunctional legislative system. To recap, the Senate passed a $154 billion package back in December [...]

Bottom Kill of Teacher Jobs, Health Care for the Poor

By: Sunday May 30, 2010 9:51 am

We now know about the failure of the top kill in the Gulf, ensuring the continued gusher of oil into the Gulf of Mexico for at least the near future. Almost nobody in America knows about the “bottom kill” pulled off by the House of Representatives late on Friday. Deficit hawk Democrats forced the excising [...]

House Passes Heavily Scaled-Back Jobs Bill By Cutting COBRA and Medicaid Aid

By: Friday May 28, 2010 10:51 am

The House of Representatives passed a jobs bill shorn of multiple stimulative efforts today, barely getting enough votes from Blue Dogs more concerned about short-term deficits and political considerations than public health. In order to ensure passage, House Democrats took out an extension of the 65% COBRA study and funding for the states for Medicaid. [...]

Money for Wars, Not for the Poor

By: Friday May 28, 2010 6:36 am

The Senate passed the war supplemental last night, which also includes funding for disaster relief in the Gulf and in flood-damaged states. It was one of the quicker and easier bills to move through the Senate this year. They expected to take up a jobs bill this week as well. But it never came over [...]

After Scale-Backs, Jobs Bill to Get House Vote Today

By: Thursday May 27, 2010 7:24 am

After a breakthrough of sorts last night, the “jobs bill” (it’s hard to know what to call it, there’s so much smushed into it, so I’ve decided on using “jobs bill” as a catch-all) will finally get a vote in the House today. Veteran political reporter David Rogers details the concessions made, and they really [...]

Labor Making Push for the “Promoting American Jobs and Closing Tax Loopholes Act”

By: Monday May 24, 2010 6:50 am

We have a $180 billion dollar jobs bill likely to get a vote this week. Very few people know about it. But labor has made it a litmus test. What’s in the bill? This was originally imagined as a “tax extenders” bill, and those expired tax breaks from the end of 2009, like the R&D [...]

$180 Billion Headed Down The Pike In Two Upcoming Bills

By: Thursday May 20, 2010 10:30 am

In Congress, there are two other big bills coming after the FinReg bill finally gets dispensed with. There’s an emergency supplemental appropriations bill that will include $33 billion for Afghanistan, some disaster relief, and possibly $23 billion in state fiscal aid to keep 300,000 teachers from receiving layoffs. The other expected bill is a massive [...]

Hedge Fund Manager Loophole Looks Like A Goner

By: Thursday May 13, 2010 12:53 pm

Lots of people are debating whether the Senate will go to climate change or immigration after they finish the Wall Street reform bill. But in actuality, the first big bill they’ll move is the conference report on the “tax extender” bill. This renews a series of expired tax breaks, extends unemployment benefits and the COBRA [...]

Jobless Bill Signed – How About a Jobs Bill?

By: Friday April 16, 2010 9:50 am

I mentioned this in yesterday’s roundup, but the Senate finally passed a short-term extension of unemployment benefits and the 65% COBRA subsidy. They made it retroactive to when the benefits expired, and extended it for two months without offsets, giving them until early June for a permanent solution. The bill also includes extensions of the [...]

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