Read all posts tagged Economy
Posted byon October 15, 2013 at 3:55 PM EDT
On Monday, the President traveled to Martha’s Table, a local food pantry, to thank the many furloughed federal employees who have spent time during the government shutdown volunteering for charities and non-profits. While there, he joined volunteers and helped prepare food for the pantry and called on Congress to set aside their partisan demands and let these furloughed employees return to work.
Posted byon October 12, 2013 at 7:00 PM EDT
On Friday, the President met with nine small business owners from across the country about the impacts of the ongoing federal government shutdown on their businesses and updated them on where things stand on efforts in Congress to avoid a first-ever default in the nation’s credit.
Posted byon October 12, 2013 at 6:00 AM EDT
In this week’s address, President Obama discussed his meetings with members of Congress of both parties and the ongoing effort to reopen the government and remove the danger of default from our economy. The President urged Congress to pass a budget, put people back to work, and end this shutdown. In his message, the President also called for paying our bills, and preventing an economic shutdown.
Posted byon October 10, 2013 at 12:44 PM EDT
Some Republicans have made questionable assertions about the dangers surrounding a failure to pay our bills and prevent a default. Check out the contrast between those statements and financial experts.
Posted byon October 8, 2013 at 7:15 PM EDT
Earlier today, President Obama issued a statement and answered questions asked by the press in the Brady Briefing Room. The President explained the need for Congress to reopen the government and prevent a default that would cause an economic shutdown. And he reiterated that while he is willing to negotiate on the budget or matters of policy like Obamacare, he will not allow members of the House of Representatives to hold the economy hostage.
Posted byon October 7, 2013 at 5:50 PM EDT
On Monday, President Obama met with FEMA officials at the National Response Coordinating Center, where he thanked them for their dedicated service during the shutdown in light of the arrival of Tropical Storm Karen and other potential natural disasters. The President repeated his call for Congress to pass a continuing resolution to reopen the government and to raise the debt limit. The President noted that about 86% of FEMA employees are currently furloughed
Posted byon October 5, 2013 at 6:00 AM EDT
In this week’s address, President Obama said that Republicans in the House of Representatives chose to shut down the government over a health care law they don’t like.
Posted byon October 3, 2013 at 7:50 PM EDT
Congress failed to pass legislation to fund the government, and now many vital services are shut down. How has the government shutdown affected you?
Posted byon October 3, 2013 at 2:30 PM EDT
Today the President visited M. Luis Construction Company where he highlighted the economic impact of the shutdown and urged Speaker Boehner to reopen the government by putting a funding bill free of partisan demands to a simple yes or no vote.
Posted byon October 1, 2013 at 2:55 PM EDT