News / USA

Obama Blasts GOP Obstruction on Jobs Bill

U.S. President Barack Obama is calling on Republican lawmakers to drop their opposition to a bill he says will help small businesses grow.  The president urged action on the jobs bill shortly after receiving more bad news about U.S. unemployment.

A half-million Americans filed first-time claims for unemployment insurance last week, according to the Labor Department.  That is the highest number since November, and the fourth rise in jobless claims in the last five weeks.

President Obama says 60 percent of the job losses are at small businesses, and those businesses need help.

"These are the businesses that usually create most of the jobs in this country.  And this report, combined with this morning's news that unemployment claims rose again, compels us to act.,"  he said.

The president said Thursday the jobs bill will enable many small businesses to get loans and other money they need to grow and hire.

He blamed opposition Republicans for blocking the bill for political purposes.

"And yet, the obstruction continues.  It is obstruction that stands in the way of small business owners getting the loans and the tax cuts that they need to prosper.  It is obstruction that defies common sense," said the president.

In another ominous economic report, the non-partisan Congressional Budget Office said Thursday the government's budget deficit would reach $1.3 trillion dollars this year, the largest in 65 years.

Also, a regional branch of the U.S. central bank, the Federal Reserve, said its monthly manufacturing index fell to its lowest level in almost a year, which shows the economic recovery is slowing.

And a private research group, the Conference Board, said it expects slow economic growth through the end of the year.  However, it said the country does not appear to be headed for another economic downturn.

President Obama has said the U.S. economy is growing, but not quickly enough.

You May Like

Malaysian PM Ends Vacation Over Floods

Najib Razak had been criticized for golfing in Hawaii with US president while country suffered More

Photogallery Fear Amid Remembrances for Tsunami Victims

Across continent, services and tributes acknowledge 220,000 victims of 2004 Indian Ocean disaster; region remains inadequately prepared, experts say More

Liberia Lawmaker Denies Election Manipulation

Alex Tyler said he’s being used as a scapegoat by people who are refusing to accept defeat in the December 20 special senatorial election More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Estimates Rising of Foreign Fighters in Iraq, Syriai
X
Jeff Seldin
December 24, 2014 11:38 PM
Foreign fighters are making more of a mark on the battles raging across Syria and Iraq than initially thought. VOA's Jeff Seldin has more.
Video

Video Estimates Rising of Foreign Fighters in Iraq, Syria

Foreign fighters are making more of a mark on the battles raging across Syria and Iraq than initially thought. VOA's Jeff Seldin has more.
Video

Video Russians Head Into Holiday Facing Economic Malaise

Russian preparations for the New Year holiday are clouded by economic recession and a tumbling currency, the ruble. Nonetheless, people in the Russian capital appear to be in a festive mood. VOA's Daniel Schearf reports from Moscow.
Video

Video Mombasa in Holiday Tourism Slump Due to Security Fears

Kenya's usually popular beachside tourist destination of Mombasa is seeing a much slower holiday season this year due to fears of insecurity as the country has suffered from a string of terror attacks linked to Somali militants. Mohammed Yusuf reports for VOA on how businessmen and tourists feel about the situation.
Video

Video For Somalis, 2014 Marked by Political Instability Within Government

While Somalia has long been torn apart by warfare and violence, this year one of the country's biggest challenges has come from within the government, as political infighting curtails the country's progress, threatens security gains and disappoints the international community. VOA's Gabe Joselow report.
Video

Video US Political Shift Could Affect Iran Nuclear Talks

Secretary of State John Kerry’s efforts to resolve Iran’s nuclear crisis are continuing into 2015 after Iran and six world powers failed to agree by a November deadline. U.S. domestic politics, however, could complicate efforts to reach a deal in the new year. VOA State Department correspondent Pam Dockins has the story.
Video

Video NYSE: The Icon of Capitalism

From its humble beginnings in 1792 to its status as an economic bellweather for the world, the New York Stock Exchange is an integral part of the story of America. VOA’s Bernard Shusman reports from Wall Street.
Video

Video Islamic State Emergence Transforms Syria and Iraq in 2014

The emergence of the Islamic State in Iraq and Syria as a potent force in early 2014 changed the dynamics of the region. Their brutal methods - including executions and forced slavery - horrified the international community, drawing Western forces into the conflict. It also splintered the war in Syria, where more than 200,000 Syrians have died in the conflict. VOA’s Henry Ridgwell looks back at a deadly year in the region -- and what 2015 may hold.
Video

Video Massive Study Provides Best Look at Greenland Ice Loss Yet

The Greenland ice sheet is melting faster than predicted, according to a new study released in the Proceedings of the National Academic of Sciences that combines NASA satellite data and aerial missions. As VOA’s Rosanne Skirble reports, the finding means coastal communities worldwide could be at greater risk, sooner, from the impact of rising seas.
Video

Video US Marines, Toys for Tots Bring Christmas Joy

Christmas is a time for giving in the United States, especially to young children who look forward to getting presents. But some families don't have money to buy gifts. For nearly 70 years, a U.S. Marines-sponsored program has donated toys and distributed them to underprivileged children during the holiday season. VOA's Deborah Block tells us about the annual Toys for Tots program.
Video

Video France Rocked by Attacks as Fear of ISIS-Inspired Terror Grows

Eleven people were injured, two seriously, when a man drove his car into crowds of pedestrians Sunday night in the French city of Dijon, shouting ‘God is Great’ in Arabic. It’s the latest in a series of apparent ‘lone-wolf’ terror attacks in the West. Henry Ridgwell looks at the growing threat of attacks, which security experts say are likely inspired by the so-called "Islamic State" terror group.

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More

All About America

AppleAndroid