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The Top 10 Reasons Congress Needs to Stand Tall on Stimulus

June 18, 2010

“Most striking is the sense of political paralysis in both chambers and an almost visceral hunkering down in the face of the tough choices ahead,” Politico’s David Rogers wrote this morning regarding the Senate’s failure thus far to approve pending jobs legislation.

Lawmakers Fiddle While the Unemployed Get Burned

June 16, 2010

As Congress dithers over the latest jobs bill, unemployed workers throughout the country face another week of uncertainty about their unemployment insurance (UI) benefits. A needed extension of the temporary UI benefits and subsidized COBRA health insurance in last year’s Recovery Act is being “held hostage” (as the New York Times puts it) to misguided budgetary concerns and wrangling over how big a tax break wealthy investment fund managers should have.

Today's Jobs Report in Pictures

June 4, 2010

Today's jobs report shows a labor market that has turned the corner and is creating jobs but one with a long way to go toward a full recovery from the devastating job losses of 2008-09. Below are some charts to show how the new figures look in historical context; see our statement for analysis.

We Still Need a Robust Jobs Bill

June 2, 2010

As David Leonhardt explains in today’s New York Times, Congress shouldn’t let the need for long-term deficit reduction prevent it from passing a jobs bill to address today’s historically high unemployment rates. Or as I put it last week, the current deficit to worry about is the jobs deficit.

What About the Jobs Deficit?

May 27, 2010

Members of Congress who are opposing the pending jobs legislation on the grounds that it isn’t fully paid for and will increase the current deficit are focusing on the wrong deficit. Yes, we have a long-term budget deficit that we need to take very seriously. But the current deficit to worry about right now is the jobs deficit.

Kerry-Lieberman Climate Proposal Does Well on Consumer Relief

May 13, 2010

Senators Kerry and Lieberman performed CPR on climate policy yesterday, releasing a discussion draft of the bill they have been crafting with Senator Graham. Admittedly, Congress is still a long way from passing a comprehensive climate and energy bill. But in an area of particular concern to the Center — protecting vulnerable low-income households — the senators have done a good job.

Today's Jobs Report in Pictures

May 7, 2010

As we said in this morning’s statement, there’s lots of good news in the April jobs report, but we’re going to need many more months like April to pull unemployment down toward pre-recession levels. The charts below help flesh out the story.

Now It’s Up to the Senate on Climate Policy

April 22, 2010

Climate legislation is set to reappear on the national policy stage next week with Senators Kerry, Graham, and Lieberman unveiling a major bill. In crafting climate legislation, the Senate should include two fundamental features of last year’s House-passed bill: “put a price on carbon” to create the incentives needed to reduce greenhouse-gas emissions, and protect vulnerable consumers from the resulting increase in energy-related prices.

Good News — for a Little While at Least — for the Unemployed

April 16, 2010

While it’s certainly good news that Congress has put the program providing extra weeks of unemployment insurance (UI) benefits back on life support through the end of May, lawmakers must resolve the uncertainty facing jobless workers and the overall economy by extending the program through the rest of this year.