Despite calling small business the “anchors of our Main Streets,” economic data released today make it clear that the policies of the Obama Administration have left small business treading in rough waters. In its monthly Small Business Economic Trends Report, the National Federation of Independent Business (NFIB) reports that small business optimism has declined again, sinking to…
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"I am concerned about the fact that the recovery that we're on is not producing jobs as quickly as I want it to happen," Obama said at an appearance with visiting German Chancellor Angela Merkel. "We don't yet know whether this is a one-month episode or a longer trend."
Source: Department of Labor unemployment rate data and Obama Administration January 2009 projections (in “The…
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"Now, my administration has a job to do as well, and that job is to get this economy back on its feet," President Obama declared on July 14, 2009, in Warren, Mich. "That's my job, and it's a job I gladly accept. I love these folks who helped get us in this mess and then suddenly say, well, this is Obama's economy. That's fine. Give it to me."
OK. It's yours.
The unemployment rate…
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The Committee will come to order. We meet today to consider H.R. 1745.
Last Friday, we received the April unemployment numbers. While there was some good news about the number of jobs being created, the fact is the nation’s unemployment rate ticked back up to nine percent. In my home state of Michigan, we are perilously close to three straight years of unemployment rates in…
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Today, the House Ways and Means Committee voted to favorably report the Jobs, Opportunity, Benefits, and Services (JOBS) Act of 2011 by a vote of 20 to 14. The JOBS Act (H.R. 1745) has three main components: 1) provides States new flexibility in spending the remaining $31 billion in Federal unemployment funds that are available to States through the end of 2011, 2) prevents future…
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Washington, DC – Ways and Means Chairman Dave Camp (R-MI) issued the following statement after the Department of Labor released the April jobs report:
“While today's jobs numbers are a recognition that we are moving in the right direction, further progress requires us to focus on three specific goals — getting spending under control, eliminating the burdens the tax code imposes on…
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Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI), along with Human Resources Subcommittee Chairman Geoff Davis (R-KY) and Human Resources Subcommittee member Rick Berg (R-ND), introduced the Jobs, Opportunity, Benefits and Services (JOBS) Act of 2011 (HR 1745) in the U.S. House of Representatives. Identical legislation was introduced in the U.S. Senate by…
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We have three purposes in today’s hearing.
First, to learn about duplication in programs serving low-income children and families. Second, to ask whether, given that duplication, current programs are spending taxpayer money wisely. And third, to consider how we can do better to help more of our neighbors in need become self-reliant.
The most recent data on program duplication came…
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Washington, DC – Ways and Means Human Resources Subcommittee Chairman Geoff Davis (R-KY) issued the following statement today at the conclusion of today’s hearing examining a Government Accountability Office (GAO) report on the duplication in welfare and related programs:
“Today’s hearing reviewed the scope of duplication in our nation’s key welfare programs. For example, GAO…
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