Posts Tagged ‘cut


signed, sealed, delivered

President Barack Obama signs H.R. 3630 – Middle Class Tax Relief and Job Creation Act of 2012 in the Oval Office, Feb. 22, 2012. (Official White House Photo by Pete Souza)


the payroll tax cut

President Barack Obama gets a hug from Tracy Cacho of Washington, after he spoke about the importance of the payroll-tax cut extension, Feb. 21, in the Eisenhower Executive Office Building


rise and shine


1:05: PBO delivers remarks at a campaign event in Corona Del Mar, Calif.

2:45: Departs Los Angeles, California en route San Francisco

3:30: Arrives San Francisco

5:00: Attends a campaign event

10:10: Delivers remarks at a campaign event


AP: The number of people seeking unemployment benefits fell to the lowest point in almost four years last week, the latest signal that the job market is steadily improving.

The Labor Department says weekly applications for unemployment benefits dropped 13,000 to a seasonally adjusted 348,000. It was the fourth drop in five weeks and the fewest number of claims since March 2008.

More here


USA Today: General Motors earned its highest profit ever last year. The 103-year-old company made $7.6 billion in 2011, up 62% from 2010. Full-year revenue rose 11% to $105 billion.

More here



ABC (Devin Dwyer): Fact Check – Obama and the Resurgence of American Manufacturing

President Obama is this week heralding the resurgence of American manufacturing as a leap toward an “economy built to last,” and a sign that he deserves a second term. …. Obama’s claim is corroborated by government statistics, which show an undeniable rebound for manufacturers during his term, both in terms of productivity and employment of American workers.

When Obama took office in January 2009, unemployment in the manufacturing sector stood at 10.9 percent and spiked to 13 percent a year later, according to the Labor Department. But in the two years since, unemployment has fallen precipitously, now holding at 8.4 percent in January 2012.

In terms of raw manufacturing jobs, the trajectory is similarly positive …. U.S. manufacturers have also increased production by 15 percent since the recession officially ended in late 2009….

More here




New York Times (Editorial): There’s nothing like a deadline – and the prospect of acute political embarrassment – to concentrate the mind. With Congress about to go on recess, and with Republicans fearing a voter backlash, negotiators on Wednesday were putting the finishing touches on a deal to extend the payroll tax cut and federal jobless benefits through 2012.

The agreement is imperfect but sound. It will help struggling Americans and the struggling economy. It is also a political win for Democrats and President Obama, who had made extending the payroll tax cut and the jobless benefits a centerpiece of his jobs agenda. We hope that it gives them the courage to stick to that agenda if they face another round of Republican obstructionism…..

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LA Times: ….. President Obama was expected to raise a total of more than $3 million during two events at the expansive Holmby Hills estate of “The Bold and the Beautiful” producer Bradley Bell and his wife, Colleen. The outdoor event, with tickets priced at $250 and $500, featured a performance by the Foo Fighters and appearances by comedian Jack Black and actress Rashida Jones.

Obama spoke later to a more intimate gathering inside the Bells’ Spanish-style home, which about 80 supporters each paid $35,800 to attend. Among those present were George Clooney, Jim Belushi and Mayor Antonio Villaraigosa, who on Wednesday was named chairman of the 2012 Democratic National Convention in Charlotte, N.C.

More here


Washington Post: …. If Obama is suffering any lingering Hollywood blowback after his administration failed to get behind a pair of high-profile Internet piracy bills championed by the entertainment industry, it wasn’t apparent …. The two Tinseltown events were expected to reap more than $3 million….

“Anything we can do to help,” said Andy Spahn, a political consultant to DreamWorks chief Jeffrey Katzenberg, one of Obama’s top campaign bundlers and staunchest Hollywood supporters. “The events are sold out,” Spahn said of Wednesday’s concert and dinner at the home of Bradley and Colleen Bell, producers of “The Bold and the Beautiful.” “I expect the president to continue to enjoy strong support.”

More here





Oh boy.


SF Gate: …. this week, The Chronicle has learned that the Obama campaign has, for the first time, opened a new type of campaign office in San Francisco: A Technology Field Office. It is believed to be the first such type of campaign office for a presidential campaign.

“We learned from 2008 that using the talents and skills of our supporters was a key to building the most effective organization,” said Obama campaign deputy press secretary Katie Hogan. “We’re taking the next step by providing tools and space for supporters in the technology community to help the campaign extend our current tools like and our mobile applications.”

…. instead of cold-calling independents, a techie who wants to help Team O can come in and help develop something new for the website, etc…..

If you want to get involved, contact

More here


The Guardian: …. Obama has critics and doubters. Maya Angelou, the sage of black America, now 83, has no time for them. “I think he has done a remarkable job, knowing how much he has been opposed,” she says. “Every suggestion he makes, the Republicans en masse fight against him or don’t vote at all.”

…. “I was hoping for the best. And I think I have gotten the best from him.” What of his detractors? “Those are people who didn’t see the morass into which he stepped.”

….. “His physical self, just being there, his photograph in the newspapers as president of the United States; that has done so much good for the spirit of the African American. We see more and more children wanting to be like President Obama, wanting to go to school.”

…. More recently, her presidential link has been via the first lady, Michelle Obama. “She’s the grand dame,” says Angelou. “I wrote her a note a few months ago because I was in a gathering. The president and his party were there, but I had to leave early. I know that’s a gaffe because no one leaves the building before the president so I wrote and apologised. I got a letter from her in her own handwriting. She said: ‘I have only one regret – that I didn’t come over and hug your neck.'”

More here


Morning everyone ;-) I’ll catch up with more news later, see you then.


go west, young man

President Obama signs the payroll tax cut extension in the White House Oval Office



President Obama wishes members of the media a Merry Christmas on leaving for Hawaii







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