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EDA and the International Economic Development Council Create User-Friendly Tool to Help Communities Recover Their Economy after Disasters

Wed, 2014-07-30 14:30

Everyone sees the destruction caused by a natural disaster –
the loss of life and property make headlines for weeks. But natural disasters
can have lasting effects that don’t garner as much media attention. Beyond
property and infrastructure costs, disasters impact the health of the business
community. According to the Small Business Administration, as much as 25 percent of small businesses
do not reopen after major disasters. Communities need to be prepared for all of
the effects of a natural disaster, and there is a new tool available to help

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The Affordable Care Act and Medicaid Expansion: Giving More People a Chance

Wed, 2014-07-30 11:37

On July 30, 1965, President Lyndon B. Johnson signed both Medicare and Medicaid into law. Over the past 49 years, Medicare has provided comprehensive coverage to millions of seniors and people with disabilities, while Medicaid has provided coverage for millions of the most vulnerable Americans: low-income parents, children, and those with disabilities.

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Advance Estimate of GDP for the Second Quarter of 2014

Wed, 2014-07-30 09:35

Economic growth in the second quarter was strong, consistent with the recent further improvement in the labor market and other indicators. The economy could do even better if Congress does its part to help — starting with taking the steps needed to ensure that work on our roads and bridges is not brought to a halt this fall. But to make further progress, the President is pressing ahead on his own authority, taking action to facilitate investments in American manufacturing, energy, and infrastructure.

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President Obama: "Russia Is Once Again Isolating Itself from the International Community"

Tue, 2014-07-29 18:58

Watch on YouTube
This afternoon, President Obama spoke on the South Lawn about the situation in Ukraine, in the wake of the shoot-down of Malaysia Airlines Flight 17 nearly two weeks ago.
"In the Netherlands, Malaysia, Australia, and countries around the world," he said, "families are still in shock over the sudden and tragic loss of nearly 300 loved ones senselessly killed when their civilian airliner was shot down over territory controlled by Russian-backed separatists in Ukraine."

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Bob McDonald Confirmed as the Next Secretary of Veterans Affairs

Tue, 2014-07-29 17:52

This afternoon, in a 97-0 vote, the Senate confirmed Robert "Bob" McDonald to serve as the next Secretary of Veterans Affairs.
In a statement, President Obama applauded the Senate for the confirmation, noting that McDonald is "uniquely equipped" to lead the Department:

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The U.S. Partnerships and Initiatives Spurring Economic Growth in Africa

Tue, 2014-07-29 16:50

Obama has called Africa “the world's next great economic success story.”
According to the African Development Bank, Africa maintained an average GDP
growth rate of 3.9 percent in 2013, exceeding the 3 percent rate for the global
economy.  U.S. exports to the continent of Africa have grown 39 percent
since 2009, reaching $50.2 billion in 2013. The brightest spot has been U.S.
merchandise exports to sub-Saharan Africa, which have increased 58 percent
since 2009.

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Press Secretary Josh Earnest: "The President Wants to Meet You"

Tue, 2014-07-29 14:28

This summer, President Obama is traveling across the country to meet with everyday Americans who have written him about what's going on in their lives.
Ahead of the President's trip to Kansas City this evening, White House Press Secretary and Kansas City native Josh Earnest called a few people in the area and invited them out to dinner with the President.
Watch the Press Secretary give them a call, and hear their reactions -- we're sure you'll enjoy it:

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Using Data to Connect Workers & Employers at Career Building Data Jam

Tue, 2014-07-29 13:28

Cross post by Mark Doms, Under Secretary for Economic AffairsOn Friday, I was part of the team from the Department of Commerce, Department of Labor, Office of the Vice President, and White House Office of Science and Technology Policy (OSTP) who joined up with Baltimore’s Morgan State University (MSU) to "data jam" on how to get America’s youth connected to jobs and on the path to rewarding careers.Labor force participation for America’s youth is at historic lows. Only about 1 in 2 people in their teens and early 20s are working or looking for work.

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On the Horizon: The 2015 White House Conference on Aging

Tue, 2014-07-29 13:25

Today at the White House, I was delighted to host a roundtable discussion with leaders from across the aging community who came together to discuss the White House Conference on Aging, which will take place in 2015 – the 50th anniversary of Medicare, Medicaid, and the Older Americans Act, as well as the 80th anniversary of Social Security.

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A Day in Ohio: Secretaries Perez and Duncan Go to Toledo

Tue, 2014-07-29 12:03

Labor Secretary Tom Perez is traveling with Education Secretary Arne Duncan to Toledo, Ohio, today to see first-hand model programs and partnerships that are equipping Americans with the knowledge, skills and industry-relevant education they need to get on the pathway to a successful career.
We want to make sure you see what they see, too. Follow along today to see live updates and highlights from their day.

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