Sen. Bob Casey, D-Pa., speaks during a news conference at 30th Street Station in Philadelphia. (AP Photo/Matt Rourke) PITTSBURGH (AP) — U.S. Sen. Bob Casey said new spending cuts to federally funded medical research will take effect in January if Congress does not stop them, and he blamed an earlier round of funding cuts for massive job losses in Pennsylvania.
Tag: Government finance
President Barack Obama, accompanied by Education Secretary Arne Duncan, right, laughs as he visits a classroom at Pathways in Technology Early College High School (P-TECH) in Brooklyn borough of New York, Friday, Oct. 25, 2013, to highlight the importance of education in providing skills for American workers in a global economy. (AP Photo/Charles Dharapak) by Josh LedermanAssociated Press Writer NEW YORK (AP) — Regrouping with Democrats after a bitter budget fight, President Barack Obama on Friday cast the recent spending-and-debt standoff with Congress as “a symptom of a larger challenge” but one offering Democrats the chance to show voters the virtues of their vision for government ahead of the 2014 midterm elections.
PREDICTIONS—PNC VP and Market Analyst Mekael Teshome tells the African American Chamber of Commerce’s PowerBreakfast audience that he sees modest but positive economic growth ahead. (Photo by Christian Morrow) As an economist and assistant vice president at PNC, Mekael Teshome’s specialty is risk analysis. So it wasn’t unexpected that the economic forecast for the coming year he presented at the African American Chamber of Commerce’s October 18 PowerBreakfast was relatively conservative, but positive.
by Donna Brazile (CNN) — As Senate negotiators, led by Majority Leader Harry Reid and Minority Leader Mitch McConnell huddle for another day to avoid the nation’s default this week, we’ll know in a few days if Congress — more accurately, House Republicans — will choose to plunge this nation into a second recession, possibly triggering a global financial meltdown, or agree to compromise.
President Barack Obama, Senate Majority Leader Harry Reid of Nev., right, and other Democrat Senators meet in the Oval Office of the White House in Washington. (AP Photo/Carolyn Kaster) by Charles Babington and Nedra PicklerAssociated Press Writers WASHINGTON (AP) — Harry Reid, the soft-spoken but pugilistic Senate majority leader, didn’t wait for White House officials to declare their view of high-stakes talks over the government shutdown and debt. Standing just outside the West Wing, the 73-year-old Nevadan gave reporters his assessment of a key House Republican offer last week: “Not going to happen.”