On Sunday the vote for Health Care Reform will be decided. The bill is expected to pass, but while Democrats try to herd the remaining fence-sitters to vote ‘ay,’ Republicans will vote no, believing that it will cost more money and lessen jobs.  Needless to say, there remains a large partisan divide. On one hand, [...]

In the Senate, a jobs bill passed 68-29 with 11 votes from Republicans. This new bill will increase tax breaks for small businesses by providing them with incentives to hire the long term unemployed (those who have been out of work for more than 60 days). Business tax breaks add up to about $15 billion. It [...]

Christopher Dodd, a Democrat of Connecticut, will show his financial regulation proposal on Monday without presenting it to any members of the G.O.P. This financial revamp is the largest since the Great Depression, and as such, Republican Congressman are up in arms about Dodd’s unilateral action. At present, there are four departments that oversee banking [...]

(bars indicate rate of job loss) In February only 36,000 jobs were lost keeping the unemployment rate at 9.7%. This news has caused mild relief on the part of many economists who were foreseeing a larger molt in the job market due to heavy snowstorms that swept across the Northeast and Midwest this past month. [...]

A bald man with a gray beard and tired eyes is sitting in his oversize Washington office, talking about the economy. He doesn’t have a commanding presence. He isn’t a mesmerizing speaker. He has none of the look-at-me swagger or listen-to-me charisma so common among men with oversize Washington offices. His arguments aren’t partisan or [...]