Daily Archives: February 13, 2013

Raising Minimum Wage Will Cost Jobs

President Barack Obama’s proposal to raise the minimum wage  to $9 an hour from  the current $7.25 would harm the economy, some Republicans said Tuesday after the State of the Union address. “If you raise the minimum wage, the inevitable … Continue reading

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Price of Gallon of Gas up 96% Under Obama

The average price of a gallon of gas has increased 96 percent since President Barack Obama first took office in 2009, according to figures from the Energy Information Agency (EIA). According to EIA data, the average price of a gallon … Continue reading

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CBO: Debt Must Be Addressed

Congressional Budget Office Director Douglas Elmendorf said that unless Congress gets the federal budget under control, stimulus spending policies will be a “drag” on the economy in the future as the government struggles to pay the increased debt. “If cuts … Continue reading

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