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Tag Archives: President Obama

Obama’s Proposed Infastructure Bank to get Congressional Hearing

The House Transportation and Infrastructure Committee will meet next week to consider President Obama’s proposal to create a national infrastructure bank. The proposed bank would provide $10 billion solely for transportation projects. Obama has already pleaded for $50 billion of direct spending into infrastructure projects as apart of his recent jobs …

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President Announces Vet Workforce Initiatives

President Barack Obama announced Friday a series of administration initiatives to help veterans find jobs once they return to the U.S. AFPS reports the president proposed a series of tax credits for companies hiring veterans, including an increase to the existing tax credit for hiring disabled veterans. The Returning Heroes …

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Two More Years for FBI Director Mueller

FBI Director Robert Mueller was sworn in Wednesday for another two-year term as head of the bureau. Mueller had already been in charge of the bureau for ten years, originally the maximum term for FBI directors. However, The Hill reports President Obama asked Congress for an extended term in order …

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Financial Services, Govt. Appropriations Face Cuts

If a House Appropriations Committee bill moves through without big changes, the Treasury Department and other major government agencies could face budget cuts, FierceGovernment reports. H.R. 2434 calls for a 9 percent cut to agencies under the committee’s jurisdiction in fiscal 2012. The bill reduces funding to $20 billion in …

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Obama Hosts Roundtable to Discuss Education, America’s Future

  President Barack Obama recently hosted an educational roundtable with public and private sector leaders to discuss ways to ensure an a competitive American workforce. Obama stressed the importance of education and how it plays a crucial role in America’s future. “America’s business leaders understand that when it comes to …

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Commerce Department Report Finds Growing STEM Jobs and Higher Pay

The Commerce Department’s Economics and Statistics Administration today released a new report that shows fast-growing STEM industry offer high pay and low unemployment. Over the past 10 years, growth in STEM jobs was three times greater than compared to non-STEM jobs. The report found workers earning 26 percent more in …

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Treasury Department Implements Mandated Use of IPP

The Treasury Department announced today it is implementing a mandate on its bureaus to use the Internet Payment Platform. This is all in support of President Barack Obama’s Campaign to Cut Waste. Treasury bureaus would have to begin using the electronic invoice processing solution by the end of fiscal year …

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DOJ Technology Budget to be Cut; FBI Will See Budget Increase

A recent vote on the budget of the Justice Department’s technology programs aims to cut funding by $45.9 million as compared to last year’s budget. The House Subcommittee on Commerce, Justice, Science and Related Agencies’ vote would give the department less than the president requested. The favored $72.34 billion fiscal …

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Leon Panetta Visits Troops in Iraq and Afghanistan

  Defense Secretary Leon Panetta spent the weekend visiting troops in Afghanistan and is now on his inaugural visit with troops in Iraq. Panetta was in Iraq to discuss with the country’s leaders if they want U.S. troops to stay, after President Barack Obama made public his plan to withdraw …

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