
WASHINGTON (Reuters) – Large majorities of Americans support U.S. President Barack Obama’s plans to revive the economy and his efforts to work across party lines, according to a pair of public opinion polls released on Monday. One month into his presidency, a Washington Post-ABC News poll found 68 percent of Americans approve of Obama’s […]
February 24, 2009 | Posted in Feature,Nation,Obama Watch | Read more »
MESA, Arizona (Reuters) – President Barack Obama on Wednesday unveiled the next step in his multi-pronged efforts to lift the United States out of recession Wednesday, pledging up to $275 billion to help stem a wave of home foreclosures that sparked the U.S. financial meltdown. Obama, who Tuesday signed a landmark $787 billion economic […]
President Obama signed a $787 billion stimulus bill into law in Denver on Tuesday, but ongoing economic concerns dragged stocks lower. The Dow ended well below the 8,000 mark, down 298 points. The Nasdaq dropped 64 points, and the S&P 500 fell 38 points. Read full story on Forbes.com
February 18, 2009 | Posted in International | Read more »
The Obama administration has detailed where the money from the stimulus plan will go on their new website recovery.org. As we see most of the money will go to tax relief. This is most likely a way to appease the republicans. The state and local relief will help out our publi schools and create or […]
February 17, 2009 | Posted in Nation,Your Money | Read more »
President Barack Obama is travelling to Denver, Colorado, today to sign the American Recovery and Reinvestment Act into law. He plans to sign the stimulus bill at the Denver Museum of Nature & Science alongside Vice President Joe Biden, Gov. Bill Ritter, and Interior Secretary Ken Salazar and then take a tour of the museum’s […]
February 17, 2009 | Posted in Co-feature,Money,Obama Watch | Read more »
The US News and World Report has an article about the effect of the recession on black colleges. Here is a quote from the article Unfortunately, the downturn in the economy, combined with a long, painful history of underfunding, might outweigh those bright prospects for some HBCUs. Clark Atlanta University announced layoffs of 70 faculty […]
February 16, 2009 | Posted in Co-feature,Money,Nation | Read more »
WASHINGTON (Reuters) – The U.S. Congress, handing President Barack Obama a major legislative victory, approved on Friday a $787 billion stimulus bill that aims to rush emergency government spending and tax cuts to a nation in the grip of a severe recession. The Senate cast the final vote, 60-38, hours after the House of […]
February 14, 2009 | Posted in Co-feature,Obama Watch,U.S. | Read more »
ST. LOUIS (NNPA) – Responding to an inquiry by the editor of The St. Louis American newspaper, Secretary of Transportation Ray LaHood last week outlined portions of the $827 billion American Recovery and Reinvestment Plan that he says will specifically impact the Black community. Read full story
February 13, 2009 | Posted in Co-feature,Nation,Your Money | Read more »
Two members of Obama’s town halls have had their fortunes reversed. Henrietta Davis who asked a question to Obama after she revealed she was homeless has been offered a house. Read The Report Julio Osegueda who’s extatically greeted Obama at a town hall and then told him about his struggles working at McDonalds has been […]
February 11, 2009 | Posted in Nation,Obama Watch | Read more »
Senate Majority Leader Harry Reid announces agreement on stimulus. Congressional negotiators are closing in on a final version of a sweeping economic recovery package, and the bill could be voted on by both the House and Senate by Friday. Multiple sources have confirmed that the new plan is budgeted at $789 billion, a figure smaller […]
February 11, 2009 | Posted in Nation,Politics | Read more »