Free Republic

On Thursday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Heather Boushey stated that President Joe Biden is fighting inflation and its impact by “lowering the cost of student debt for all of those borrowers” with the student loan plan he announced earlier in the week. Boushey said, “[T]he President has been focused on using all the tools that he has at his disposal to make sure that he lowers costs for families. So, this is the first President to be negotiating with Big Pharma over prescription drug prices. That’s going to lower prices for...

Shonda Sheen of Yellow Springs, Ohio, was laid off in December 2009 and is about to run out of unemployment benefits. Because of state budget cuts, she also could soon lose the health care nurse who helps care for her mother who has dementia. At the last job she applied for, she was told 450 others had also applied for the same position.Sheen and Bob Stein, a 60-year-old former salesman who has been out of work since May 2010, are two of the 14 million Americans who are unemployed—and their story is not being told in the midst of the debate...

Pelosi Announces Hearing on Risks of Default to the U.S. Economy and Jobs July 06, 2011 Washington, D.C. – Democratic Leader Nancy Pelosi announced today that the House Democratic Steering and Policy Committee will hold a hearing this Thursday at 12:00 p.m. on the impact of a default on the United States economy, job creation, and seniors and the middle class. This hearing, the only one in the House of Representatives on this critical issue, will emphasize the pain the American people would face if the United States were to default on its debt. Witnesses for the hearing include: Bruce...