Quick Note on Those Jobless Numbers

There’s good reason to be confused about the Labor Department’s latest unemployment figures, which showed that the nation’s jobless numbers rose by 11,000 last month while the jobless rate fell 0.2 percent. Peter Morici, business professor at the University of Maryland, explains why the news of that rate More…

Will the GOP Oppose States’ Rights on the Public Option?

Now things are getting interesting.

After months of wrestling over how to approach the popular but politically thorny public option, Senate Majority Leader Harry Reid (D-Nev.) is leaning toward including such a provision in the bill he’s weaving together from elements of the Finance and HELP Committee bills, More…

Senate Vote on Extension of Unemployment Insurance Scheduled for Tuesday

Just in from the office of Senate Majority Leader Harry Reid (D-Nev.): the upper chamber will hold a procedural vote next Tuesday afternoon to proceed to legislation extending unemployment insurance (UI) nationwide.

The cloture vote is indication that Reid and GOP leaders failed to reach an agreement on amendments to More…