“Job losses continue to be widespread” acknowledges Bureau of Labor Statistics Deputy Commissioner

Deputy Commissioner of the Bureau of Labor Statistics Phillip L. Rones talks about the overwhelming unemployment statistics the American economy is experiencing. He says that unemployment increased in construction, manufacturing, retail trade, and temporary health services. (1:01)
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Economy “front and center on White House agenda,” says Schumer

Sen. Charles E. Schumer (D - N.Y.) talks about the surge of unemployment in the American economy at the Joint Economic Committee hearing. Schumer says that these new statistics will make the economy the number one issue in the upcoming presidential campaign. (0:52)
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Governor says Obama is unprepared to run the country

Minnesota Governor Tim Pawlenty spoke today about Senator Obama’s (D-Ill.) campaign stop in St. Paul. Pawlenty said that Obama continues to show a lack of judgement in security and international affairs that would be dangerous for the United States if he was voted President.

Pawlenty went on to discuss the negative parts of Obama’s campaign, citing a recent report that Obama is the most liberal senator in the whole senate. He said Obama doesn’t have on the ground, real time, up-to-date information on Iraq, has liberal views on the economy and plans to raise taxes and that Obama lacks understanding of American traditions and values. Overall, Pawlenty said Obama would not make a good president, citing the necessity of experience, which leads to better insight. John McCain has that experience and would be ready to come from day one, Pawlenty said. (13:55)
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Solving global warming is a matter of investment

Bracken Hendricks, senior fellow of the Center for American Progress, speaks about the Green Jobs report released. Hendricks states that global warming is a matter of investment, and once private industries put their money into green jobs, the economy will pick up and the U.S. will be better off. (0:48)
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Let's get to work, green work

Dan Lashof, climate center director at the Natural Resources Defense Coucil spoke today on a new report about job opportunitites for a green economy. Ther report shows that an investment in green jobs will reduce pollution, dependence on oil, reduced energy bills and more green jobs with skills millions of American workers already have. (0:57)
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CATO expert : China could cost U.S. a fearsome price

CATO Institute expert Dr. Ted Galen Carpenter explains that a mishandled United States' relationship with an emerging Chinese powerhouse could cost us a hefty price for decades to come. (0:42)
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Countries should work together to solve common problems

Daniel Fried, assistant secretary of state to the Europe and Eurasian Affairs, spoke today and said he doesn't believe in balance of power politics but believes that countries should work together to solve problems. (0:55)
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Tamara Draut, director of the Economic Opportunity Program at Demos, talks about the relationship between worker income and college degrees

Tamara Draut, director of the Economic Opportunity Program at Demos, talks about the relationship between worker income and having a college degree for both males and females during conference call on "Young Americans and the Economy." (0:55)
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Deputy Director of the Office of Management and Budget Steve McMillin discusses the President's food bill request

Deputy Director of the Office of Management Steve McMillin and Budget discusses the President's food bill request during a conference call. (0:52)
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Clinton Campaign says Clinton can beat McCain in November

In a conference call with the Sen. Hillary Clinton's (D-NY) presidential campaign, her advisers discuss new polls that demonstrate that she is better prepared than Sen. Barack Obama (D-IL) to beat Sen. John McCain (R-AZ) in the general election because of her strong position on the economy.
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Levin lends his support to CARD Act

Senator Carl Levin (D-MI) backs CARD Act at a press conference today with Senator Dodd. (0:32)
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Dodd discusses credit card debt

Senator Christopher Dodd (D-CT) discusses credit card debt at CARD press conference. (0:37)
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Speaker Pelosi discusses the effects high gasoline prices have on America

House Speaker Nancy Pelosi talks about high gasoline prices at her press conference with children and media for National Take Your Kids to Work Day. (0:59)
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Congressman McDermott discusses the backlog of social security benefit distribution

Congressman Jim McDermott (D-WA) discusses the "growing line" of Americans seeking help from Congress to receive their benefits. (0:48)
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Congressman Rangel discusses the need for the government to provide social security benefits

Congressman Charles Rangel (NY-D), chairing a hearing on social security benefit backlogging, discusses the need for the government to provide Americans with the benefits they deserve. (0:37)
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IMF economist predicts "minor contraction," then "slow recovery" for U.S.

At the Housing Crisis and Lessons for Monetary Policy discussion hosted by the Brookings Institution, Economic Counselor and Director of the International Monetary Fund Simon Johnson predicts a "minor contraction" for the U.S. economy this year, followed by a "slow recovery" next year. He also talks about the spillover effects of the U.S. housing market into other nations, and predicts a decline in global growth projection. (0:43)
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Bush says the economy had a “good run”

While speaking to the America’s Small Business Summit President George W. Bush says the economy had 52 months of uninterrupted job growth, and has now slowed down. He thanked Congress and the U.S. Chamber of Commerce for working on a pro-growth stimulus package. (0:46)
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Bush speaks to small business owners and says they will lead the way in the economy’s recovery

President George W. Bush says economic advisers say much the impact of a pro-growth stimulus package will be felt beginning in July. He says there should be “no doubt in anyone’s mind” that America’s economy will “bounce back strong” and that small businesses will lead the way. (0:31)
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Chairwoman Maxine Waters (D-CA) discusses how "consumers have little leverage" in the loans they recieve

Congresswoman Maxine Waters (D-CA), chair of the House Subcommittee on Housing and Community Opportunity, discusses the problems concerning consumers stuck in the foreclosure crisis at a hearing on foreclosure prevention and sound mortgage servicing. (0:33)
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McCain’s economic plan discussed by senior advisers on conference call

Senior adviser Steve Schmidt and senior policy adviser Doug Holtz-Eakin for Sen. McCain’s presidential campaign discuss McCain’s economic plan during a conference call today. They say McCain’s vision is to help the American worker through an alternative tax system and a temporary summer gas tax holiday, and to promote economic growth by reducing corporate tax rates. (32:00)
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