Many members of Congress have continued to spend more — in some cases a lot more — on the salaries of their staffs, even with national unemployment above 9% and Michigan’s in double digits. View full post on All Stories

President Obama says with unemployment at two-year low, jobs being added, Congress must keep economic momentum going View full post on All Stories

Thousands of Washington’s jobless workers may continue to receive up to 99 weeks of benefits, now that Congress and the president have reauthorized a federal unemployment benefits program that expired last month. View full post on All Stories

WASHINGTON (Reuters) – President Barack Obama’s tax deal with Republicans will likely win grudging passage in the Congress, backers and critics agreed on Sunday, after Obama clashed with liberals in his own party who branded it a giveaway to the rich. View full post on All Stories

This morning, Senate Republicans voted to block a measure to extend tax cuts to families earning less than $250,000 a year. This vote comes just four weeks before the tax cuts are due to expire. If Congress fails to act, millions of American families will find it harder to make ends meet in the new [...]

With Christmas less than a month away, more than 21,000 Kentuckians are expected to lose their unemployment benefits this week after Congress did not act Tuesday to extend emergency benefits, according to state officials. Within the next eight weeks, the number of Kentuckians affected by the benefit cut will surpass 75,000, said Lanny Brannock, spokesman [...]

If Congress lets unemployment benefits expire this week, the jobless won’t be the only ones to feel the pain. The overall economy would suffer, too. View full post on All Stories

Nothing in it will become law unless Congress and President Barack Obama go along. Still, their proposals have ignited a vigorous debate. View full post on All Stories

The Obama administration on will push Congress next year to move ahead on critical technology policies, the White House’s technology chief said on Thursday. View full post on All Stories

President Obama yesterday called on Congress to pass the DREAM Act before the 111th Congress adjourns. The DREAM Act would provide young people who came to the United States with their parents a path to U.S. citizenship after attaining a college degree or serving in the military. While the DREAM Act had previously received bipartisan [...]

In its annual report to Congress, the Federal Housing Administration said loans involving seller-financed down-payment assistance have resulted in $6.6 billion in claims so far. Seller-paid DPA is no longer allowed on government-insured loans. FHA expects that such loans will ultimately cost $13.6 billion. View full post on All Stories