The Truth on Health Care Reform and Taxes
As we move into the final stage of the historic push for health reform, opponents of reform are testing the age old adage that if you only say something enough times you can somehow make it true....
View ArticleSpurring Innovation and Anchoring Jobs in America
Regional Innovation Clusters are an important element of the President’s innovation agenda and a good example of how federal agencies can collaborate to maximize the impact of existing federal...
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Victories For Working Families and Jobs in the Agreement on Tax Cuts and...
The President is committed to promoting a strong, growing economy – one that’s creating jobs, fostering a thriving middle class, and extending opportunity to all American workers. That’s why he fought...
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Victories For Working Families and Jobs in the Agreement on Tax Cuts and...
The President is committed to promoting a strong, growing economy – one that’s creating jobs, fostering a thriving middle class, and extending opportunity to all American workers. That’s why he fought...
View ArticleUnbalanced Approach to Deficit Reduction
Democrats and Republicans agree that getting our fiscal house in order is one of the critical challenges facing America. To address it we are going to have to make tough choices, bringing to the table...
View ArticleUpholding the Affordable Care Act is a Win for Small Businesses
The Supreme Court’s decision this week to uphold the Affordable Care Act is a historic win for the nation’s 6 million small businesses and their 54 million employees who will see fewer administrative...
View ArticleThe Resurgence of Manufacturing
The President knows that America’s middle class was built on the strength of our small businesses and our manufacturing sector. But for too long, middle class security had been slipping away for too...
View ArticleIncreasing Taxes on Middle-Class Families Will Hurt Consumer Spending
Today, as we move into the holiday shopping season, the National Economic Council and the Council of Economic Advisers released a report called The Middle-Class Tax Cuts’ Impact on Consumer Spending...
View ArticleA State by State Look at the Middle-Class Tax Cuts’ Impact on Consumer...
President Obama is committed to growing our economy from the middle out by ensuring a strong, secure, and thriving middle-class. Now we face a deadline that requires action on jobs, taxes and deficits...
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The Employment Situation in August
Over the last four years, we’ve cleared away the rubble from the financial crisis and begun to lay a new foundation for stronger, more durable economic growth. With continued solid job gains, today’s...
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The Dramatic Slowdown in Health Costs and What It Means for the Economy,...
New data out yesterday from the Centers for Medicare and Medicaid Services (CMS) and discussed in a piece in Health Affairs show that economy-wide health spending continues to grow at a historically...
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The Employment Situation in September
While job growth remained solid in September, there is no question that the focus of policy should be on how to achieve a faster pace of job growth by increasing certainty and investing in jobs, rather...
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Advance Estimate of GDP for the Third Quarter of 2013
During the third quarter, the economy grew at its fastest pace in a year, an indication that the recovery was continuing to gain traction in the months before the government shutdown. GDP growth was...
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The Employment Situation in October
The upward revisions to job growth in August and September, combined with solid third quarter GDP growth reported yesterday, suggest that the economy was gaining traction in the months leading up to...
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New Report from the Council of Economic Advisers: The Recent Slowdown in...
The Affordable Care Act (ACA) was passed against a backdrop of decades of rapid growth in health care spending, and one of the ACA’s key goals was to root out serious inefficiencies in the United...
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The Employment Situation in November
With solid job growth in November – in addition to strong data on manufacturing activity and auto sales – it is clear that the recovery continues to gain traction. Today’s report was yet another...
View ArticleThe Economy in 2013
The economy is finishing 2013 in a stronger place than where it began the year, though more work remains to grow the economy, create jobs, and strengthen the middle class. This is especially notable...
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The Employment Situation in December
As our economy continues to make progress, there's a lot more work to do. Though December’s job growth was less than expected, we continue to focus on the longer-term trend in the economy - 2.2 million...
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Advance Estimate of GDP for the Fourth Quarter of 2013
Economic growth was solid in the fourth quarter, a testament to the resilience of American businesses and families. The private sector’s strong performance in the fourth quarter caps off its fastest...
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Six Economic Benefits of the Affordable Care Act
This week has seen the release of a Congressional Budget Office (CBO) analysis that refuted claims by opponents of the Affordable Care Act (ACA) that it is a “job killer” and demonstrated that, by...
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