Economic recovery

January 26, 2009 -- (Oklahoma City) Oklahoma Governor Brad Henry today announced a plan to boost funding for one of the state’s top job creation tools, the EDGE research endowment, by earmarking various state interest and investment earnings for the fund.

The EDGE endowment generates money to help fund cutting-edge research projects across the state of Oklahoma.

“Obviously, our first order of business this year is to address the state’s short-term budget challenges and we will do that, but we cannot afford to neglect our long-term job creation needs in the process,” said Gov. Henry. “A well-funded EDGE endowment and the high-paying research jobs it creates are critical to Oklahoma’s future economic growth, so it is important to make a commitment now.”    » read more »

January 24th, 2009 at 5:55 am -- In his first weekly address since being sworn in as the 44th president of the United States, President Barack Obama discusses how the American Recovery and Reinvestment Plan will jump-start the economy.

"This is not just a short-term program to boost employment," he said. "It’s one that will invest in our most important priorities like energy and education; health care and a new infrastructure that are necessary to keep us strong and competitive in the 21st century."    » read more »

Washington, D.C., 07/18/2008 -- Speaker Nancy Pelosi released the following statement today in reaction to data released by the Bureau of Labor Statistics revealing that 12 states and the District of Columbia now have unemployment rates above 6 percent and 45 states have rates significantly higher that of one year ago:

“Rising unemployment across the United States makes it clear that Congress must act on additional economic recovery measures to create jobs and help Americans with rising food and energy costs.    » read more »