The number of long-term unemployed is 37.3 percent of the unemployed -- an increase of 1.2 percent from last month. During the 1980s, when our country faced a similar recessionary period, the proportion of long-term unemployed never exceeded 27 percent.
President Obama promised that Americans could keep the health insurance they had and liked. The Administration said the law’s “grandfathering” policy would protect people. What the President didn’t say is that there was fine print.
As the budget conference committee seeks to produce a bipartisan budget resolution, the nonpartisan CBO has reported on options to reduce the deficit. Several of their findings would be good starting points, if Democrats can get over their insistence in raising tax rates.
Yesterday Senate Democrats took the brute force approach to governance and decided that it now only needs a simple majority vote to allow for confirmation votes of executive and judicial nominees. In so doing, Majority Leader Reid was able to seriously restrict the voice of the minority party. Here is how it happened.