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The Fed has been trying to tame employment and wages to keep inflation in check. It ain’t working.
The Fed has been trying to tame employment and wages to keep inflation in check. It ain’t working.
Roosevelt Room 11:09 A.M. EST THE PRESIDENT: Hey, folks. Good morning. Sorry we’re late — a little late. It’s all my fault. But, look, I think we’ve got a good jobs report. I’m happy to report that our economy has created over 300,000 new jobs last month, and that’s on top of a half a…
The post Remarks by President<span class=”dewidow”> </span>Biden on the February Jobs<span class=”dewidow”> </span>Report appeared first on The White House.
Today, extreme MAGA House Republicans showed us what they value: tax breaks for the super wealthy and wasteful spending for special interests. The House Freedom caucus’ proposal would be a gut-punch to the American middle class and wouldn’t cut the deficit. Let me repeat that: this proposal would bring devastating consequences to our national security, working families, and…
The post Statement from White<span class=”dewidow”> </span>House Press Secretary Karine Jean-Pierre on MAGA House Republican Attack on Medicare, Law Enforcement and<span class=”dewidow”> </span>Manufacturing appeared first on The White House.
Today, President Joseph R. Biden, Jr. declared that an emergency exists in the State of California and ordered Federal assistance to supplement State, tribal, and local response efforts due to the emergency conditions resulting from severe winter storms, flooding, landslides, and mudslides beginning on March 9, 2023, and continuing. The President’s action authorizes the Department…
The post President Joseph R. Biden, Jr. Approves California Emergency<span class=”dewidow”> </span>Declaration appeared first on The White House.
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The post FACT SHEET: The American Rescue Plan’s 2-year<span class=”dewidow”> </span>Difference appeared first on The White House.
1. Led to the Strongest Jobs Recovery on Record: When President Biden came into office, there was tremendous economic uncertainty. Unemployment was at 6.1% when ARP passed. It was expected to average 5% in 2022. With the passage of ARP, unemployment averaged 3.6% in 2022 and fell to 3.4% at the beginning of 2023. 2. Powered…
The post The American Rescue Plan (ARP): Top 15 Highlights from 2 Years of<span class=”dewidow”> </span>Recovery appeared first on The White House.
On March 15, 1995, by Executive Order 12957, the President declared a national emergency pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701‑1706) to deal with the unusual and extraordinary threat to the national security, foreign policy, and economy of the United States constituted by the actions and policies of the Government of…
The post Notice on the Continuation of the National Emergency with Respect to<span class=”dewidow”> </span>Iran appeared first on The White House.
Dear Mr. Speaker: (Dear Madam President:) Section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)) provides for the automatic termination of a national emergency unless, within 90 days prior to the anniversary date of its declaration, the President publishes in the Federal Register and transmits to the Congress a notice stating that the emergency…
The post Letters to the Speaker of the House of Representatives and the President of the Senate on the Continuation of the National Emergency with Respect to<span class=”dewidow”> </span>Iran appeared first on The White House.
This article appeared first in Pro Publica by Vianna Davila, Melissa Sanchez, Liz Sharp and Myron Avant ProPublica is a…