The budget deal sets the stage for balanced deficit reduction. It immediately makes a down payment on deficit reduction of more than $900 billion by limiting discretionary spending and sets up a new Joint Congressional Committee charged with recommending $1.5 trillion in additional deficit reduction by the end of the year. As the President has […]
Last week, White House staff began holding regular “Office Hours” on Twitter. Once or twice a day, officials from the National Economic Council came by to answer questions, submitted using the hashtag #WHChat, regarding the ongoing debt and deficit debate. View “White House Office Hours – example” on Storify One week in, it's clear that […]
Six months ago, we joined together at the White House in a room packed full of entrepreneurs, to celebrate the launch of Startup America. In President Obama’s words, “Startup America [is] a national campaign to help win the future by knocking down barriers in the path of men and women in every corner of this […]
On Tuesday, the President’s Council on Jobs and Competitiveness is holding the next in a series of Listening and Action Sessions to get input on how the public and private sectors can come together to foster opportunity and promote job creation for startups and high growth businesses. We want to hear from you. I’ll be joining Jobs […]
Click here to see the video. Tonight, President Obama spoke in support of a bipartisan deal to reduce the nation's deficit and avoid default. It extends the debt limit to 2013, removing the cloud of uncertainty over our economy and ensuring that no one will be able to use the threat of default now or […]
President Obama today announced the next phase in the Administration’s program to increase fuel efficiency and reduce greenhouse gas pollution for all new cars and trucks sold in the United States. These new standards will cover cars and light trucks for Model Years 2017-2025, requiring performance equivalent to 54.5 mpg in 2025 while reducing greenhouse […]
Today’s report shows that the economy posted the eighth straight quarter of positive growth, as real GDP (the total amount of goods and services produced in the country) grew, but at only a 1.3 percent annual rate in the second quarter of this year. The downward revision in the first quarter to 0.4 percent further […]
Continuing White House Office Hours, Brian Deese, Deputy Director of the National Economic Council, answered your questions on Twitter. Have a look at the Q&A on the ongoing debt debate below or on Storify. There are two more sessions of White House Office Hours tomorrow — check out the full schedule at WhiteHouse.gov/officehours and follow @WhiteHouse […]
Ed. Note: Cross-posted from the USDA blog. This week, I led a meeting in the Roosevelt Room at the White House with leaders of a host of rural organizations to discuss the White House Rural Council. The White House Rural Council, which was established by President Obama on June 9, 2011, will build on this […]
Today, I was proud to announce that we are making $95 million available in Regional and Community Challenge grants to support local efforts to build more livable and sustainable communities that ensure that all Americans can afford to live in places with access to employment, schools and public transit options. But that’s not all these […]
