US Economy
Even many Republicans are challenging a controversial study from the conservative Heritage Foundation claiming immigration reform will cost $6.3 trillion.
US consumers earned more and spent more during the month of February as the job market strengthened. Purchases, which account for about 70 percent of economic activity, rose 0.7 percent in February from January which is the biggest gain in five months.
New reports show that US consumers were unexpectedly more confident than economists predicted in March from the prior month as American optimism toward the economy has been on the rise.
President Obama has long enjoyed the confidence of the American public when it comes to the economy, at least when his ratings are compared to those of Congressional Republicans.
President Obama expressed his frustration with the US Congress for not doing more to prevent the $85 billion in spending cuts, known as the sequester, from moving passed its deadline of March 1.
President Obama gives the 2013 State of the Union address on Tuesday night, his first since his resounding victory in last year’s presidential election. What will he say?
Americans are eager to hear President Barack Obama address the U.S. economy and federal deficit in his State of the Union speech on Tuesday, with more than half still convinced the nation is in a recession, a poll released on Monday found.
The final press conference of President Barack Obama’s first term today at 11:37 a.m. EST from the White House.
