Topic: Kevin Brady

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Why does Washington keep putting off entitlement reform?

Both the White House and Republicans agree that entitlement reform is necessary to rein in federal deficits, but nothing ever gets started. That could change in the weeks ahead.
Obama urges a budget without brinkmanship. But can Congress stop the insanity?

In his State of the Union address, Obama calls on Congress to reject manufactured crises as a way of doing its budgetary business. But with fiscal flash points looming, the temptations are powerful.
Immigration reform: Why many GOP lawmakers applauded Obama speech

President Obama treaded carefully around immigration reform during his State of the Union message. Republican lawmakers took notice, with many appreciating his back-seat approach.
US adds 80,000 jobs in June, as growth remains sluggish

Job creation in June was affected by the financial crisis in Europe, uncertainty about the future of health-care reform, and even the heat. A rare bright spot? Hiring of temp workers is up.
GDP report puts Obama in economic 'gray zone.' Will Republicans profit?

GDP increased at a 2.2 percent annual rate in the first quarter, Commerce Department said Friday. That's below economists' expectations. The news gives Republicans ammunition against Obama.
Unemployment rate drops to 8.3 percent. Is that a problem for Mitt Romney?

It could become harder for Republicans such as Mitt Romney to blame President Obama for a lack of jobs. In January, the unemployment rate fell to its lowest level since February 2009.
House rejects payroll-tax deal. Is it now dead?

The House rejected the Senate's temporary payroll-tax deal Tuesday, leaving no clear way out of the impasse. The House wants more discussions, but the Senate says it's done talking.
New jobs down, unemployment up: Is the economy hitting a pothole or a ditch?

Unemployment increased to 9.1 percent in May, and only 54,000 new jobs were created. Economists point to lingering impacts of the tsunami plus rising food and gas prices.
Unemployment rate drops 0.1 percent, showing 'positive momentum' in job market

The United States added 216,000 new jobs in March, mostly in the private sector job market, driving the unemployment rate down to 8.8 percent.
Stephen Colbert congressional testimony: Why was he invited?

Stephen Colbert’s appearance before a congressional committee Friday to discuss migrant labor issues has left many Democrats unhappy.
Is stimulus plan working? The arguments pro and con.

A white House report released Wednesday said the stimulus plan has saved or created as many as 3.6 million jobs. But polls show Americans are skeptical.
House extends estate tax - a blow to Bush-era plan to abolish it

The House voted Thursday to continue the estate tax – an attempt to foil the Bush-era cuts that would have led to the expiration of the estate tax in 2010. But complications remain.
America the jobless: Ron Paul wins, Timothy Geithner loses?

Frustration at how Washington has managed the 'jobless recovery' is turning some members of Capitol Hill against Treasury Secretary Timothy Geithner – and in favor of a controversial measure by Rep. Ron Paul.
Stimulus' big boost to the economy? It already happened.

White House economist Christina Romer said Thursday that the stimulus package's impact on the economy will weaken from here on.