Tag: Labor and American Jobs

President Obama called on Congress to create new opportunities for Americans to build a stronger country by helping students perform better in school, prepare Americans for green and innovative 21st century jobs, rebuild cities in times of disaster, improve communities and much,… Continue

The Chairman and CEO of the American International Group (AIG) Edward Liddy testified before the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises this afternoon. Read Mr. Liddy’s prepared testimony>> Chairman Frank (D-MA) and Mr. Liddy: Chairman Frank:“You’ve… Continue

Following a House Democratic leadership meeting this afternoon, Speaker Pelosi announced that House leaders have directed the Committees on Ways and Means, Financial Services, and Judiciary to present legislation this week enabling taxpayers to recoup misspent public dollars from companies, such as… Continue

Today, President Obama announced plans to take immediate action to help small businesses create jobs by increasing the flow of credit and lowering the cost of borrowing. The President's proposal builds on provisions included in the American Recovery and Reinvestment Act that… Continue

House Democratic leaders on news that the American International Group (AIG), which has received more than $170 billion in taxpayer bailout money from the Treasury and Federal Reserve, will give out more than $165 million in bonuses to its executives. Speaker Pelosi:… Continue

While American workers see their wages decline and face record job losses, it is unconscionable that AIG, which is receiving more than $170 billion in government assistance, would permit such extravagant executive compensation practices without any accountability to the taxpayer. I have… Continue

Today, the Employee Free Choice Act was introduced in the House and Senate – legislation that would help enable workers to bargain for better wages, benefits, and working conditions by restoring their rights to form unions. Speaker Pelosi: The right to organize… Continue

America's workers are facing record job losses and home foreclosures since the recession began in December 2007, but after years of economic mismanagement by the Bush Administration, help is on the way. Congress and President Obama acted swiftly on the American Recovery… Continue

Today, the Labor Department released statistics showing that 651,000 American jobs were lost in the month of February, with the unemployment rate rising to 8.1 percent, the worst since December 1983. Click here for larger image>> This chart compares the job loss… Continue

“I want history to remember me not just as the first black woman to be elected to Congress, not as the first black woman to have made a bid for the presidency of the United States, but as a black woman who… Continue