President Barack Obama talks with the TJMS. Read full transcript below. — Tom Joyner: Big Chief? THE PRESIDENT: Hey, man. (Laughter.) How you doing? Tom Joyner: I’m doing good. How you doing? THE PRESIDENT: Well, I am blessed. Are we already on the air, Tom? Tom Joyner: Yes. I’m rolling. THE PRESIDENT: Well, listen, the […]
WASHINGTON (AP) — House Republicans on Monday proposed a new 10-year, $2.2 trillion blueprint to President Barack Obama that calls for increasing the eligibility age for Medicare and lowering cost-of-living hikes for Social Security benefits. The proposal from House Speaker John Boehner, R-Ohio, and other Republicans comes in response to Obama’s offer last week to […]
WASHINGTON (AP) — House Republicans on Monday proposed a new 10-year, $2.2 trillion blueprint to President Barack Obama that calls for increasing the eligibility age for Medicare and lowering cost-of-living hikes for Social Security benefits. The proposal from House Speaker John Boehner, R-Ohio, and other Republicans comes in response to Obama’s offer last week to […]
WASHINGTON (AP) — Republicans have to stop using “political math” and say how much they are willing to raise tax rates on the wealthiest 2 percent of Americans and then specify the spending cuts they want, Treasury Secretary Tim Geithner said in an interview that aired Sunday. Just four weeks from the proverbial “fiscal cliff,” […]
WASHINGTON (AP) — Republicans have to stop using “political math” and say how much they are willing to raise tax rates on the wealthiest 2 percent of Americans and then specify the spending cuts they want, Treasury Secretary Tim Geithner said in an interview that aired Sunday. Just four weeks from the proverbial “fiscal cliff,” […]
LOS ANGELES (AP) — California motorists faced another day of record-breaking gasoline prices Sunday, though relief appeared to be on the way. In its latest update early Sunday, AAA reported that the statewide average price for a gallon of regular unleaded gasoline was $4.655. Saturday's average of $4.6140 was the highest since June 19, 2008, […]
FAIRFAX, Va. (AP) — President Barack Obama says an encouraging jobs report shows that the country has made too much progress to turn back to the policies that he says led the nation into an economic crisis. Obama got much-needed good news Friday following his disappointing debate performance as the unemployment rate dropped to 7.8 […]
WASHINGTON (AP) — Unemployment rates fell in August in nearly 90 percent of large U.S. metro areas, mainly because more people gave up looking for work. The Labor Department said Wednesday that unemployment rates dropped in 329 large cities, the most in four months. Rates rose in 24 cities and were unchanged in 19. The […]
As the seemingly impenetrable Great Recession lingers and the once burgeoning middle-class continues to dissipate, city neighborhoods and communities are becoming more economically segregated than they’ve been in the last three decades, a recent Pew Research Center study finds. According to the report, upper and lower income Americans alike are now living more among […]
WASHINGTON (AP) — The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression. Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the […]
WASHINGTON (AP) — Welfare is causing a ruckus in the presidential campaign. But the program is a shadow of its old self from the 1970s, when Ronald Reagan used the image of "welfare queens" to assail government poverty programs promoted by liberals. Nowadays government cash assistance to the poor is mainly conditioned on work. And […]
EVANSVILLE, Ind. (AP) — Mitt Romney is calling for "something dramatic" to help the economy recover, but he's not saying exactly what. The Republican presidential says he opposes another federal stimulus package and new government programs. He also says that if the Federal Reserve were to undertake another "massive" program of buying government bonds and […]
