Echoing President Barack Obama’s call to close tax loopholes for the oil and gas industry, U.S. Rep. John Yarmuth, D-Ky., unveiled a bill Monday that will end federal subsidies to oil companies and return the savings to American motorists. The Gas Rebate Act of 2012 would take the nearly $40 billion in savings from closing… Continue reading Yarmuth Bill to End Oil Subsidies, Return Cash to Motorists
U.S. Senate candidate and Indiana Congressman Joe Donnelly, D-In., is challenging the bi-partisan super committee to use their power to force action on job creation. The 12-member panel is charged with finding an additional $1.5 trillion in debt savings over the next decade. If the committee fails to come up with a deficit reduction plan… Continue reading Donnelly Wants Super Committee to Focus On Jobs
Here’s what we’re planning today on Here and Now: 1:06pm: Speaking to a supporter in Iowa this week, President Obama said he would announce “a very specific plan to boost the economy, to create jobs and to control our deficit.” White House officials say that announcement will come in September. There is a strong debate… Continue reading Child Poverty in Kentucky, David Kessler on the American Appetite for Sugar: Today’s Here and Now
Congressman John Yarmuth of Louisville is among a bi-partisan group of House lawmakers who signed a letter to President Obama urging him to begin a “significant and sizable” reduction in U.S. forces in Afganistan starting next month. The president will detail his troop drawdown plan in an address to the nation tonight. Defense officials have… Continue reading Yarmuth, Colleagues Urge “Sizable” U.S. Troop Withdrawal
President Obama signed a bill last week extending federal jobless benefits. Unemployed Kentuckians whose checks were cut off during the Senate impasse over the extension can apply now to restart the payments.