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Obama to launch student loan interest rate effort

President Barack Obama will make a three-state swing next week to call on Congress to prevent interest rates on student loans from doubling. The White House says Obama will speak at universities in North Carolina, Colorado and Iowa. All three are key general election battleground states. College-aged voters are also a critical constituency for the… Continue Reading Obama to launch student loan interest rate effort

President Barack Obama is warning that the U.S. job market will still face “ups and downs” despite Friday’s news that the economy added 120,000 jobs last month. The March employment numbers were down from the more than 200,000 jobs the economy added in each of the previous three months. The unemployment rate dipped to 8.2… Continue Reading Obama warns of ‘ups and downs’ in job market

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Even as Congress debates overhauling the nation’s health care system, industry insiders are concerned about the implications of proposals being considered in Washington, D.C. Hospitals are concerned about costs; doctors about reimbursement rates and insurers are worried about competition with a lower-cost government plan. The plan under consideration only provides coverage for uninsured and under-insured… Continue Reading Obama health care overhaul not universally embraced

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Obama memo returns rights to states

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President Barack Obama has issued a statement that limits the federal government’s ability to preempt state law – overturning a practice put in place by former President George W. Bush. According to the memo no regulatory agency can issue rules that have the force of law over current state law. Instead, the agencies must go… Continue Reading Obama memo returns rights to states

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