A Long Overdue Change to Help Young Adults Get Coverage

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obama, tax

Published May 10, 2010 at 10:20 a.m.

As families around the country celebrate high school and college graduations this month, they can also cheer another piece of good news: as part of the Affordable Care Act, our Administration is issuing regulations today that will allow young adults to stay on their parents’ health insurance plans until age 26 ... This change is long overdue.  For years, getting a diploma also meant losing your health insurance.  And whether you went on to college or not, it was often hard as a young person

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Small Businesses: "The Backbone of America's Economy"

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barack obama, economy, obama, remarks

Published May 13, 2010 at 4:21 p.m.
768758-small-businesses---the-backbone-of-america-s-economy

President Obama travelled to Buffalo, New York this afternoon, where he visited Industrial Support Inc. and discussed the important role that small businesses have as the “backbone of America’s economy.” He explained that the government has been removing barriers to help businesses get loans as part of the President's broader economic agenda, and that this agenda is starting to bear fruit: ... All those tough steps we took, they’re working.  Despite all the naysayers who were predicting

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Federal Oversight Panel Slams Obama's Small Business Plans, Says Administration Not Doing Enough

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barack obama, obama, obama's

Published May 14, 2010 at 7:17 a.m.
768749-federal-oversight-panel-slams-obama-s-small-business-plans--says-administration-not-doing-enough

A federal oversight panel criticized the Obama administration's attempts to boost small business lending, expressing doubts on everything from the plan's promised success to whether the administration is taking the right approach ... The administration has proposed a host of programs fuel small business loans, which have nosedived over the last 20 months. However, the bulk of the money is centered on a TARP-like program that would invest up to $30 billion in taxpayer money into banks. The cost

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A Success Story from the Clean Energy Economy

Published May 7, 2010 at 3:23 p.m.

I’m in Georgia today to deliver the commencement address at the Georgia Institute of Technology, and I just finished a tour of the University Center of Excellence in Photovoltaics (UCEP) ... With longstanding support from the Department of Energy, and under the direction of Dr. Ajeet Rohatgi , this Center at Georgia Tech has become a premier site for silicon PV research in the U.S.  The company that evolved from this work – Suniva – is an American success story ... Suniva has created more

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Remarks by the President on the Monthly Jobs Numbers

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remarks

Published May 7, 2010 at 10:32 a.m.

11:03 A.M. EDT ... THE PRESIDENT:  All right.  Good morning, everybody.  On what seems like a daily basis, we’re barraged with statistics and forecasts and reports and data related to the health of the economy.  But from the first days of this administration, amidst the worst economic crisis since the Great Depression, I’ve said that the truest measure of progress would be whether or not we were creating jobs.  That’s what matters in people’s lives.  What matters is whether someone

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Welcome News, But No Rest

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address, barack obama, congress, economy, obama

Published May 7, 2010 at 10:52 a.m.
758974-welcome-news--but-no-rest

As CEA Chair Christina Romer laid out earlier this morning, "Today’s employment report shows the strongest signs yet of healing in the labor market."  The economy created 290,000 jobs in April, the vast majority of them private sector, and with new data incorporated April became the fourth consecutive months of positive job growth.  Flanked by his economic team, the President spoke about the news in the Rose Garden: ... On what seems like a daily basis, we’re barraged with statistics and

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Statement by the President on the Economy and the Oil Spill in the Gulf of Mexico

Published April 30, 2010 at 11:07 a.m.

11:26 A.M. EDT ... THE PRESIDENT:  Good morning, everybody.  Before I make a statement on the economy, I just want to offer an update on the ongoing federal response to the worsening oil spill in the Gulf of Mexico ... I have dispatched the Secretaries of Interior and Homeland Security, as well as the Administrator of the EPA, my Assistant for Energy and Climate Change Policy, and the NOAA Administrator to the Gulf Coast to ensure that we continue to do everything necessary to respond to this

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Weekly Address: Relief for the Middle Class at Tax Time

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weekly address

Published April 10, 2010 at 5:00 a.m.

With April 15th approaching, the President discusses several of the tax breaks for middle class families he has signed into law ... Find out more about the Making Work Pay tax credit, breaks for first-time homebuyers, rewards for making your home more energy efficient and more through the Tax Savings Tool at WhiteHouse.gov ...

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One Month Later: Making Health Insurance Reform a Reality

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campaign, obama, tax

Published April 30, 2010 at 5:00 a.m.

Just over a month ago, President Obama signed the Affordable Care Act into law. This landmark legislation gives the American people the control over their own health insurance they need and deserve -- by holding insurance companies accountable, bringing down costs and giving all Americans more insurance choices ... The day of that signing the President made one thing clear – he expects his Administration to deliver the benefits of reform to the American people as effectively and expeditiously

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Clean Energy Leadership from the White House to Main Street

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economy, obama

Published April 28, 2010 at 5:46 p.m.

Over the past two days, President Obama traveled to Iowa, Missouri and Illinois as part of his Main Street tour. He witnessed the hardships that Americans are facing from the economic crisis that plagues our nation. However, he also witnessed the possibilities and opportunities for growth that are happening all over the country, through investment in our clean energy economy ... Tuesday, the President visited a Siemens Wind Blade Turbine Manufacturing Plant in Fort Madison, Iowa. He spoke of how

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