American Recovery and Reinvestment Act of 2009

Obama made life worse for America’s middle class

Obama made life worse for America’s middle class

Five years ago Monday, President Barack Obama signed the signature economic proposal of his presidency, saying that the passage of the $787 billion economic stimulus package heralded the “the beginning of the end” of the Great Recession. The president told a Denver audience that he was “keeping the American Dream alive in our time.” But […]

Obama’s plan: Spend money, blame Republicans

Obama’s plan: Spend money, blame Republicans

A combative President Barack Obama rolled out a long-term jobs program Monday that would exceed $50 billion to rebuild roads, railways and runways, and coupled it with a blunt campaign-season assault on Republicans for causing Americans’ hard economic times. GOP leaders instantly assailed Obama’s proposal as an ineffective one that would simply raise already excessive […]

Obama tries to reverse falling Democratic fortunes

Obama tries to reverse falling Democratic fortunes

President Barack Obama will travel to the Midwestern state of Wisconsin Monday as part of a broad effort to stem ebbing political support over the slowing economic recovery. The president will deliver remarks on the economy at the Milwaukee Laborfest, a labor union gathering, one of many held around the country as America celebrates Labor […]

White House: No second stimulus in future

White House: No second stimulus in future

The White House stressed on Thursday that no second economic stimulus package is being considered as part of new measures under review by President Barack Obama’s team. Obama said on Monday he and his advisers are discussing further tax cuts for businesses to help create jobs, as well as an extension of tax cuts for […]

Obama signs unemployment bill

Obama signs unemployment bill

Federal checks could begin flowing again as early as next week to millions of jobless people who lost up to seven weeks of unemployment benefits in a congressional standoff. President Barack Obama on Thursday signed into law a restoration of benefits for people who have been out of work for six months or more. Congress […]

How the jobless benefits ran out

How the jobless benefits ran out

Keeping unemployment benefits flowing for millions of workers whose jobs were eaten by the recession should have been a slam dunk in an election year. But until this month, Senate Democrats have been unable to bring themselves to pass a simple bill that just does it. Instead they’ve demanded a series of unrelated and often […]