Phyllis Borzi spent decades helping invent ways to protect people from unpleasant surprises in their health and retirement plans. Never did she run into the kind of resistance finance firms have mustered against her latest idea.
Republicans and Democrats must agree on a “balanced compromise” on budget deficit reduction that avoids “penny-wise but pound-foolish” spending cuts, a top economic adviser to President Barack Obama said.
Ending billions of dollars in U.S. tax breaks for the oil and gas industry would provide money for investments to encourage clean-energy technologies, said Gene Sperling , director of the National Economic Council.
President Barack Obama today will order federal agencies to end hiring practices that put the long-term unemployed at a disadvantage and announce commitments to do the same from more than 300 companies including Wal-Mart Stores Inc., Apple Inc. and Ford Motor Co.
Congress and President Barack Obama shouldn’t waste the chance to reach an agreement on fiscal policy in the period between the Nov. 6 election and the end of the year, said Gene Sperling, director of Obama’s National Economic Council.
Jeffrey Zients made tens of millions of dollars building consultancies, helped bring Major League Baseball back to Washington and salvaged Obamacare’s rollout. He also counted Nelson Mandela among his wedding guests.