With support from women critical to Democrats running in the November congressional elections, President Barack Obama is showcasing his administration’s efforts to improve their economic opportunities.
U.S. President Barack Obama is emphasizing economic issues that affect women, a key voting bloc in November’s congressional elections, meeting today with female lawmakers at the White House and releasing a report on the gender gap in income.
Some U.S. workers who don’t get overtime compensation under what’s known as the “white-collar exemption” would be able to collect extra pay under revised regulations President Barack Obama plans to order tomorrow, according to a White House economist.
Policy makers on both sides of the partisan divide, from Treasury Secretary Jacob J. Lew to Mitt Romney’s economic adviser Glenn Hubbard, favor expanding the Earned Income Tax Credit. This rare harmony holds the potential to reshape the debate on bridging the growing opportunity gap.