Login or Register
Welcome , Settings |  Logout

Obama Adviser: Employment Key to Curbing Deficit

Sunday, 10 Jan 2010 10:34 AM

 

Share:
More . . .
A    A   |
   Email Us   |
   Print   |

A top White House economic adviser says reducing the country's 10 percent unemployment rate is essential to reining in the growing budget deficit.

Christina Romer also seems to be backing a House effort to pump an additional $75 billion in federal spending into the struggling economy. Romer says "the sense that we need to do more is overwhelming."

She notes that more jobs were lost in December after slight gains in November. Still, she says the Obama administration sees a "continuing pattern of moderating job loss."

Romer isn't saying what she thinks the unemployment rate will in the fall, when members of Congress face re-election.

Romer, who heads the president's Council of Economic Advisers, was interviewed Sunday on CNN's "State of the Union" and ABC's "This Week."

© Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax community.
Register to share your comments with the community. Already a member? Login
Note: Comments from readers do not necessarily reflect the viewpoint of Newsmax Media. While we attempt to review comments, if you see an inappropriate comment you can block it by rolling over the comment, clicking the down arrow and selecting "Flag As Inappropriate."
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
Hot Topics
Top Stories
Around the Web
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

 
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved