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Category Archives: Economic News

Moments ago, Rep. Tim Walz (D-MN) filed a discharge petition to bring up the Middle Class Tax Cut legislation. Because Speaker Boehner and House Republicans have thus far refused to bring up the legislation for a vote, Democrats are organizing … Continue reading

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The Department of Labor announced today that our nation’s economy added 171,000 jobs in October. 184,000 jobs were added in the private sector alone. Indeed, the private sector has shown steady growth: This Bureau of Labor Statistics chart shows we’re … Continue reading

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In 2010, the House Republicans took us on a destructive path that would greatly harm our economy by almost defaulting on our nation’s debt for the first time in history. To stave off this dangerous course, Congress passed the bipartisan … Continue reading

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Today the Department of Labor announced that the economy added 114,000 jobs and the unemployment rate fell to 7.8 percent in September. Private businesses added 104,000 jobs last months – marking 31 consecutive months of private job growth. Even though … Continue reading

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Today, Speaker Boehner confirmed the House Republicans have no intention of bringing a Farm Bill to the floor for a vote before leaving for a two month vacation. Farmers and experts agree this is exactly the wrong decision for American … Continue reading

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77 years ago, President Franklin D. Roosevelt signed Social Security into law. As a result, seniors were rescued from poverty and the middle class was strengthened. Congressman Xavier Becerra’s office put together this helpful timeline to remind us of Social … Continue reading

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GOP MYTH: Republicans claim that the President’s middle class tax cut proposal would hurt small businesses, and cost 700,000 jobs. NOT TRUE THE FACTS: The nonpartisan Pulitzer Prize-winning PolitiFact labeled the small business claim a “pants on fire” lie. – … Continue reading

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Today, the Department of Labor announced that the economy added 80,000 jobs in June and the unemployment rate remained at 8.2 percent. With private businesses adding 84,000 jobs, this marks the 28th consecutive month of private sector job growth: As … Continue reading

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Today, the Department of Labor announced that the economy added 69,000 jobs in May, and the unemployment rate rose to 8.2 percent. Approximately 82,000 new jobs were created in the private sector, marking the 27th consecutive month of private sector … Continue reading

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Congressional Republicans have so far chosen to stand with millionaires instead of the middle class. And despite the GOP’s debt ceiling debacle which unquestionably hurt our economy last year, Speaker Boehner is gearing up to do it again. In a column … Continue reading

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