As Congress continues to wrangle over jobs legislation, two senators from opposite sides of the aisle are introducing a more modest, bipartisan bill they hope will gain support from their colleagues.
Republican Senator Marco Rubio of Florida and Democratic Senator Chris Coons of Delaware introduced the American Growth, Recovery, Empowerment and Entrepreneurship Act (AGREE) on Capitol Hill yesterday. The legislation would give tax breaks to small businesses, provide incentives to hire veterans, an implement regulation reform, among others.
Christine Romans speaks to Sen. Coons and Sen. Rubio about why the American people need a bipartisan bill – and why they think it can pass a gridlocked Congress.
This coming Veterans Day, we will take a moment to honor those who have served in the armed forces. But sadly, many of our military vets are suffering in this economy. Veterans who had long military careers often struggle to transition to jobs in the civilian workforce.
This week, USAA (United Services Automobile Association) released a list of the top 10 cities in the U.S. for military retirees to start a second career. Top of the list is Oklahoma City, OK. Other cities on the list:
1. Oklahoma City, OK
2. Norfolk, VA
3. Richmond, VA
4. Austin, TX
5. San Antonio, TX
6. Madison, WI
7. Philadelphia, PA
8. Raleigh, NC
9. Omaha, NE
10. Manchester, NH
June Walbert of USAA talks with Chrstine Romans about the list and the difficulties retired service members face in trying to find work in the civilian world.
There's a provision included in the President's jobs bill that is getting a lot of attention. It has to do with discrimination against the unemployed. But can this be prevented and will it lead to frivolous law suits? CNN's Christine Romans reports.
The government reported this morning that the economy gained 103,000 jobs in September. Although it's better than economists expected, the numbers aren't large enough to really make a dent in the unemployment rate.
So, where are the jobs? Are the employment opportunities out there just not enough qualified people able to fill them? John Ratzenberger, actor and American manufacturing activist, says yes.
Ratzenberger is working with AOL/Huffington Post this week to launch the "10 by 20 Pledge Campaign," which aims to develop 10 million skilled workers by 2020. He joins Christine Romans on American Morning today to explain the campaign and to discuss how we can create manufacturing jobs in America.
President Obama took on Republicans yesterday, calling on them to explain their continued opposition to his jobs bill and saying that now is not the time for political gamesmanship.
The President also said that he would be open to the Senate Democrats' 5% "millionaires surtax" proposal, which they introduced Wednesday as a way to cover the cost of the President's $447 billion jobs initiative.
Today on American Morning, Senator John Barrasso (R- Wyo.) speaks with Carol Costello to explain his opposition to the president's jobs bill and to explain how he feels about the Occupy Wall Street protests occurring around the country.
According to the jobs report released by the U.S. Bureau of Labor Statistics this morning, the U.S. economy gained 103,000 jobs in September, while the unemployment rate held steady at 9.1%.
Jay Powell, an economist who worked in the Treasury Department for the Bush administration, sells Christine Romans on American Morning today that this indicates that the country is not on the precipice of a double-dip recession.
In advance of the meeting between French President Sarkozy and German Prime Minister Merkel about the European economy this weekend, Powell also explains how concerned Americans should be about the European financial crisis.