Friday’s jobs report from the Bureau of Labor Statistics (BLS) stated that “total non-farm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged [from September] at 7.9 percent.”
After learning that the White House had failed to enforce the law in order to protect President Obama’s reelection chances from potential negative feedback, Senator James Inhofe (R-Okla.) wrote a letter dated October 25 asking the president to comply with the legal requirement that agencies publish their regulatory agendas on a semiannual basis.
The Heritage Foundation's calculations of Taxmageddon's impact on American taxpayers is only one of four impending disasters ready to hit on midnight, December 31st.
On Monday the Bureau of Labor Statistics (BLS) said it was doing everything it could to make sure that Friday’s jobs report — the last one before the election — would come out on time, despite Hurricane Sandy.
Hurricane Sandy's impact on the 50 million people living in her path is expected to exceed that of Hurricane Katrina's. Her impact on next Tuesday's election is expected to be far less.
The preliminary report from the Bureau of Economic Analysis on Friday about the nation's economic activity during the last quarter was called "a nasty surprise" by an analyst at the American Enterprise Institute.
Mario Draghi, president of the European Central Bank, told the German Parliament on Wednesday that, yes, he would be buying government bonds but, no, that wouldn't trigger inflation.
Private congressional conversations about how to keep the country from racing off the fiscal cliff in January are already taking place in Washington, but few are willing to give many details. With the promise of anonymity, congressional staffers from both sides of the aisle are working feverishly to come up with solutions to the onrushing fiscal train wreck.
George McGovern, known for his ultra-liberal stance on issues of his day, passed away on Sunday, October 21st, at Dougherty Hospice House in Sioux Falls, South Dakota, at age 90.
In response to a request from the Senate Budget Committee, the Congressional Research Service (CRS) reported that federal welfare spending reached three-quarters of a trillion dollars last year. When added to what the states spent on welfare, another $300 billion, total government welfare payments in 2011 hit $1.03 trillion.