Jason Furman News
Why Trump's budget plan wouldn't likely accelerate growth
The Trump administration's budget plan for 2018 assumes that a mix of sharp spending and tax cuts can both shrink the deficit and fuel economic growth of 3 percent a year _ a level it hasn't achieved in more than a dozen years
How the White House's Cable Box Competition Proposal Could Affect Consumers
The White House has unveiled a proposal that it hopes will free cable subscribers from having to lease set-top boxes, potentially saving the average family hundreds of dollars a year. Cable and satellite providers currently lock customers into renting cable boxes to access a wider array of
What You Should Know About the White House College Scorecard
The White House is hoping to take a bite out of America's ever-growing student debt crisis with a new way to inform prospective students about college costs and job prospects. The College Scorecard provides data about nearly every post-secondary institution in the U.S., including two-year and
Bernie Sanders' Problem With Hispanics
Vermont’s independent Sen. Bernie Sanders has positioned himself to the left of front-runner Hillary Clinton on several key issues, ranging from climate change to minimum wage , but his recent comments on immigration are giving some activists pause. In a series of interviews this week, Sanders
What Obama's New Rule Could Mean for Your Retirement Account
President Obama is pushing for tighter regulations on advisers who handle 401(k) and IRA retirement plans. Alleging that middle-class Americans can get ripped off by their financial advisers, the president spoke at AARP's Washington , D.C., headquarters today to make the case for a new proposed
Obama's New Strategy For Bypassing Congress On Minimum Wage Hike
ABC’s Brendan Cullerton reports: President Obama huddled with Democratic governors in Washington on Friday, urging them to raise the minimum wage to $10.10 in each of their states. “We don’t want somebody who is washing dishes for our troops or helping in some ways to...
The Note's Must-Reads for Wednesday, February 19, 2014
The Note’s Must-Reads are a round-up of today’s political headlines and stories from ABC News and the top U.S. newspapers. Posted Monday through Friday right here at www.abcnews.com Compiled by ABC News’ Will Cantine, Jayce Henderson and Jordan Mazza MINIMUM WAGE ABC News’ John Parkinson: ...
Minimum Wage Hike Could Cost 500K Jobs, CBO Reports
While Congressional Democrats and President Obama have made increasing the federal minimum wage a top priority this year, a new report by the non-partisan Congressional Budget Office finds a wage hike could result in a net job loss of about half a million workers even...
The Note's Must-Reads for Tuesday, February 18, 2014
The Note’s Must-Reads are a round-up of today’s political headlines and stories from ABC News and the top U.S. newspapers. Posted Monday through Friday right here at www.abcnews.com Compiled by ABC News’ Will Cantine, Jayce Henderson and Jordan Mazza STIMULUS ANNIVERSARY The Los Angeles Times’ ...
Debt Default Deadline Debated as Date Looms
It’s a dire warning that has reverberated across the country: unless Congress raises the debt limit in exactly seven days, the U.S. economy will head off a cliff. The Oct. 17 deadline is the cornerstone of President Obama’s argument that lawmakers must act immediately, without delay. ...