Word: labor
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...will come to exist is at the heart of the most pressing problem in the economy today. Since the start of the recession in December 2007, the U.S. has shed 8.4 million more jobs than it has gained. The unemployment rate hovers near 10%, and broader measures of labor-market woes that include underutilized workers are as high as 16.8%. Go down the nation's list of economic problems - from mortgage defaults to state-budget shortfalls - and joblessness lurks in the background. (See how some Americans are facing the prospect of long-term unemployment...
...Duncan prepares to testify before the House Education and Labor Committee on Wednesday, he's facing fire from all sides. The committee's ranking Republican, John Kline, issued a tepid appraisal of the proposed changes, applauding Duncan for "his bipartisan approach to reform," while noting that "there are clearly still major differences from across the spectrum about the best path forward...
...reform side, a coalition of labor and progressive groups, Health Care for America Now, plans to launch a $1.3 million ad buy on Tuesday, which will include ads in at least 12 districts. Americans for Stable and Quality Care (ASQC), which is funded largely by the pharmaceutical industry, will run ads in as many as 44 House districts, according to an internal document. "Is it perfect? No. But it's the biggest advance in 45 years," runs the script of one ASQC ad. "Congress, the time is now to pass health reform...
...that remains is to get the plan through Congress. Doerr and his allies put together a broad coalition to lobby for the money, including big-box retailers like Home Depot and Lowe's and insulation makers such as Owens Corning and Dow Chemical, as well as environmental groups and labor unions. Most important, the plan has a presidential seal of approval. "Everybody on the Hill knows that the President is interested in this," explains Steven Nadel, executive director of one of the groups supporting the deal, the American Council for an Energy-Efficient Economy. Both the White House and Doerr...
...worst. Obama hoped for bipartisan support but knew his expansive goals for expanded coverage would make it a challenge. He knew that the press coverage would emphasize setbacks and discord over progress. He knew it would be necessary to publicly downplay his sway over Congress's committee process while laboring behind the scenes to keep the Hill on track in timing and substance. He knew setting public deadlines for congressional action was a necessary risk. He knew that it was vital to make deals with the for-profit health care industry (such as the pharmaceutical companies) and labor unions...