Bob Latta
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Help House Republicans pass 27 jobs bills
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February 02, 2012
Data reported by POLITICO shows our economy isn't improving.
• The Federal Reserve has announced it will keep interest rates low through 2014, a sign of its pessimism about the pace of the economic recovery. • The Commerce Department found the nation’s economy grew at a 2.8 percent rate in the fourth quarter of 2011, a faster pace than the rest of the year but worse than expected. If the economic growth slows in the next quarter, it will be tough to keep unemployment down. • The Congressional Budget Office projected a wider budget deficit and rising unemployment for the rest of the year, with the jobless rate expanding to 8.9 percent by the end of the year. • Housing remains a problem. The Case-Shiller index again found that home prices across the country fell 1.3 percent in November from October in its most recent survey. The House is passing bills to spur the economy and help create jobs but the Senate and White House aren't supporting our efforts. Help us pass these bills by contacting your Senator.
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