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WASHINGTON, April 2 /PRNewswire-USNewswire/ -- Today's jobs report provides further evidence that the labor market has stabilized after experiencing its most severe jobs decline since the 1930s. Job losses slowed dramatically after President Obama and Congress enacted the American Recovery and Reinvestment Act in February 2009, and the growth in payroll employment in March 2010 is welcome news. Indeed, employers have added 117,000 jobs over the past five months, the report shows, which stands in marked contrast to the 3.7 million job loss over the same period a year earlier. (Logo: http://www.newscom.com/cgi-bin/prnh/20100209/CBPPLOGO)
WASHINGTON, Sept. 16 /PRNewswire-USNewswire/ -- The Census Bureau data for 2009 reflect the severity of the recent recession, as poverty rose sharply and the number of uninsured spiked. The new figures somewhat overstate the rise in poverty, however, because they do not count the bulk of direct assistance that the 2009 Recovery Act provided to households, which kept millions of Americans from falling into -- or deeper into -- poverty (as a broader measure of poverty that Census will release later this year is sure to show). (Logo: http://photos.prnewswire.com/prnh/20100209/CBPPLOGO )
WASHINGTON, Aug. 15 /U.S. Newswire/ -- The following statement was released today by the Center on Budget and Policy Priorities (CBPP): In contrast to the Administration's optimistic spin on the good revenue news for this year, the Budget and Economic Outlook: An Update released today by CBO indicates that there has been little change in the outlook for the economy or the budget in coming years (nor has the economy grown faster this year than was expected last January). Instead, the new CBO report indicates that:
WASHINGTON, July 2 /PRNewswire-USNewswire/ -- The good news in today's jobs report is that the private sector continued adding jobs in June -- though, as expected, the economy lost jobs overall due to the scheduled reduction in temporary census jobs. The bad news is that private sector job creation must be much stronger going forward -- at least 200,000 to 300,000 jobs per month -- to bring people back into the labor force and lower the unemployment rate at the same time. Unfortunately, hopes that Congress will enact effective jobs measures are fading fast as too many lawmakers seem to think that their immediate priority should be the budget deficit rather than the jobs deficit. (Logo: http://photos.prnewswire.com/prnh/20100209/CBPPLOGO)
WASHINGTON, Jan. 9 /U.S. Newswire/ -- Following is a statement of Robert Greenstein, executive director of the Center on Budget and Policy Priorities, regarding the White House moon/Mars initiative: The moon/Mars initiative will cost many hundreds of billions of dollars, possibly as much as $1 trillion. The President should indicate where the money will come from.
WASHINGTON, April 28 /U.S. Newswire/ -- Following is a statement by Robert Greenstein, Executive Director, Center on Budget and Policy Priorities, on the President's Social Security press conference scheduled for tonight: Tonight the President is holding a press conference to discuss Social Security. Reports indicate he may announce support for a proposal sometimes called "progressive price indexing." This proposal entails quite substantial benefit reductions not only for affluent families but for middle-class families, as well. Under it, the average worker would eventually see his or her benefit reduced by 28 percent, which would be the largest benefit reduction in Social Security's history.
To: NATIONAL EDITORS Contact: Michelle Bazie of the Center on Budget and Policy Priorities, +1-202-408-1080, baize@cbpp.org
WASHINGTON, June 22 /U.S. Newswire/ -- Following is a statement of Robert Greenstein, Executive Director of the Center on Budget and Policy Priorities, on the McCrery-DeMint Social Security Proposal: Social Security would be in worse shape, not better shape, under the proposal put forward today by House Ways & Means Social Security Subcommittee Chairman Jim McCrery and Senator Jim DeMint.
To: POLITICAL EDITORS Contact: Shannon Spillane of the Center on Budget and Policy Priorities, +1-202-408-1080, spillane@cbpp.org
WASHINGTON, April 28 /U.S. Newswire/ -- Following is a statement by Robert Greenstein, Executive Director of the Center on Budget and Policy Priorities, on the Budget Resolution Conference Agreement: Rather than produce a balanced plan to reduce the deficit, House and Senate Republican negotiators have apparently reached an agreement on a budget that increases the deficit and pairs more tax cuts for the wealthiest Americans with cuts in programs for the neediest and most vulnerable of our citizens.
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