Obama unveils new Overtime Eligibility Rule

Obama unveils new Overtime Eligibility Rule

The US Department of Labor’s Secretary Perez and President Obama announced a final rule updating the overtime regulations on Wednesday, May 18. This astonishing rule will automatically extend overtime pay protections…

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Obama and Leaders Reach Debt Deal to avoid default

Obama and Leaders Reach Debt Deal to avoid default

Barack Obama has reached an agreement with Republican and Democratic congressional leaders aimed at ending the US debt deadlock that threatened to throw the US and world economy into chaos.…

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US AAA-rating Already Compromised?

US AAA-rating Already Compromised?

Over the weekend, US congressional negotiators focused their attention on Speaker of the House – John Boehner’s (R-Ohio) proposal to raise the debt limit in two stages. Their goal was…

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Obama warns US Risks Default on National Debt

Obama warns US Risks Default on National Debt

The White House reportedly believes it must strike a budget agreement with Congress by July 22 to avoid a risk of defaulting on the national debt, Democratic officials briefed on…

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Anger grows in Arizona over new immigration law SB 1070

Anger grows in Arizona over new immigration law SB 1070

Anger grows over Arizona’s new “papers please” law cracking down on illegal immigrants grew Monday as opposition, to the Arizona immigration law sb1070, used refried beans to smear swastikas on…

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Obama talks tough about Wall Street and Bank Reform

Obama talks tough about Wall Street and Bank Reform

President Barack Obama denounces Wall Street for practicing high risk to the detriment of the country Thursday. “Ultimately there is no dividing line between Main Street and Wall Street. We…

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Obama Moves to Reduce U.S. Reliance on Foreign Oil

Obama Moves to Reduce U.S. Reliance on Foreign Oil

Allowing this offshore drilling will not only reduce the United States’ dependence on foreign oils but will also create jobs to further help shore up our economy. The President is…

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President Obama Signs Healthcare Bill

President Obama Signs Healthcare Bill

President Obama’s year long struggle to pass health care reform will presumably end today as he will sign the bill that passed through Congress on Sunday. The struggle will “presumably”…

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