President Barack Obama signs H.R. 240, the Department of Homeland Security Appropriations Act of 2015. The president signed a law funding the Homeland Security Department through the end of the budget year.
Keystone oil pipeline veto override fails in the Senate 62-37. 👏👏👏👏 #NoKXL
Josh Zumbrun: Job Openings At 14-Year High As Hiring Returns To Pre-Recession Levels
For the first time since January 2001, the U.S. had more than five million job openings at the end of December, a sign of a labor environment shifting in favor of workers. December was also the best month for hiring since before the recession struck more than seven years ago. More than 5.1 million people were hired in December, the most since November 2007, according to the Labor Department‘s Job Openings and Labor Turnover Survey, known as JOLTS.
The report adds to signs that the labor market is strengthening considerably. The Labor Department’s main jobs report, released on February 6, showed that November, December and January comprised the best three-month stretch of hiring since 1997, raising hope that the U.S economy will start delivering stronger wage growth for a wider swath of Americans after more than five years of sluggish recovery from a deep recession.
The US budget deficit fell to about $483 billion in fiscal year 2014, almost a $200 billion drop from the previous year and the lowest level of President Barack Obama’s six years in office. The US Treasury Department released the official figures on Wednesday, generally confirming figures released by the nonpartisan Congressional Budget Office last week. It’s the smallest deficit recorded since 2008.
FY2014 was the fifth consecutive year the deficit declined as a percentage of GDP. It is now an estimated 2.8% of GDP, a percentage that puts it below the average of the past 40 years. The Treasury’s figures chalked up the shrinking deficit to increased revenues from taxes and slowed growth in government spending. “It’s really a rise in revenues because of economic growth, because of the policies the president pursued, that we’ve made progress on the deficit,” said Shaun Donovan, the director of the Office of Management and Budget.
President Obama and staff watch the U.S. soccer team vs Belgium in World Cup action in the Eisenhower Executive Office Building South Court Auditorium, July 1 (Photo by Pete Souza)
President Barack Obama speaks to the media during a meeting with his cabinet members in the Cabinet Room of the White House. From left are, Environmental Protection Agency (EPA) Administrator Gina McCarthy, Education Secretary Arne Duncan, Health and Human Services Secretary Sylvia Mathews Burwell, Interior Secretary Sally Jewell.
Attorney General Eric Holder
Homeland Security Secretary Jeh Johnson
With the Key Bridge, linking Washington and Northern Virginia in the background, President Barack Obama speaks about the economy and transportation, at Georgetown Waterfront Park in Washington. The President said 700,000 jobs could be at risk next year if Congress doesn’t quickly agree on how to pay for highway and transit programs.
"If this Congress does not act by the end of the summer, the Highway Trust Fund will run out. " —President Obama #RebuildAmerica