by Richard Eskow | Feb 25, 2014 | Economy, The 2015 Budget
The nation has been treated to a sneak preview of President Obama’s 2015 budget, scheduled to be released next Tuesday. As we asked in Part 1 of this two-part budget update, that’s an occasion for reflecting on the nature of a White House budget. Is it a negotiating...
by Richard Eskow | Feb 24, 2014 | Chained CPI, Retirement Security
There are two major debates currently underway about President Obama’s upcoming budget, scheduled for next week: One involves the President’s proclamation that this budget will signal the “end of austerity,” while the other involves the decision to abandon the chained...
by Richard Eskow | Feb 19, 2014 | The Jobs Challenge
It’s been five years since the passage of President Obama’s stimulus bill (officially known as the American Recovery and Reinvestment Act). Its successes are well documented: an increase in the gross domestic product of between 2 and 3 percent from late 2009...
by Richard Eskow | Feb 18, 2014 | Retirement Security
President Obama's budget is scheduled to be released on March 4, and a critical question remains unanswered. Will he or won't he reprise the "chained CPI" cut to Social Security that he proposed in last year's budget? Nobody on his team is talking. The answer to that...
by Richard Eskow | Feb 14, 2014 | Minimum Wage
President Obama signed an executive order on Wednesday raising the minimum wage for some federally contracted workers to $10.10. This move illustrates the fact that we need a higher minimum wage for all workers. It also promotes the bill by Sen. Tom Harkin and Rep....