Watch at 6 00 p. M. Eastern on cspan. And the senate gavels in sunday at 2 00 p. M. They will consider amendments to the current highway bill. Funding is set to expire at the end of the month without congressional action. We spoke earlier with a capitol hill reporter. With current funding set to run out at the end of the month, the senate is set to formally begin debate on its bill. Manu raju of politico, youre right that ted cruz came to the floor and accused Mitch Mcconnell of telling a flatout lie. Tell us what that was all about. Mr. Raju it was really a remarkable moment. Rarely do you see a senator going and singling out another senator in stark terms, accusing them of lying, someone within their own arty. And stashed their own party. And certainly a party leader. It just does not happen in a chamber like the senate. It is usually a very collegial place. Youre not supposed to address senators directly. But Mitch Mcconnell assured him and other republicans that the xm bank, which
Appears to have been temporary. Indicators for the Second Quarter have so far pointed to a sizable rebound. This recovery is a key factor supporting the committees expectation that Overall Economic activity will expand at a moderate pace over the next few years. Despite lackluster Economic Growth the job market continued to improve early in the year. During the First Quarter job gains averaged nearly 200,000 per month, just a bit slower than last years pace. And the Unemployment Rate held near 5 even though notably more people were actively looking for work. However, more recently, the pace of improvement in the labor market appears to have slowed markedly. Job gains in april and may are estimated to have averaged only about 80,000 per month. And while the Unemployment Rate fell to 4. 7 in may, that decline occurred because fewer people reported that they were actively seeking work. A broader measure of unemployment that includes individuals who want and are available to work but have
However, not everyone has been able to realize the dream of Home Ownership and the pandemic housing boom has made these disparities worse. In fact, while millions of people were able to take advantage of historically low Interest Rates to purchase homes or reinforced finance their mortgages, skyrocketing home prices and other ongoing challenges made it harder for millennials and gen z people of colour and individuals without intergenerational wealth to compete and access Home Ownership. So, while the Federal Reserve estimates that home equity reached a record 27. 8 trillion by early 2022, many qualified would be homebuyers could not partake in this wealth building event. These trends threaten to further widen the already wide racial wealth and Home Ownership gaps nationwide. Black bars are the only group to experience a decline in home purchase lending among bars of colour. For example, in my city of los angeles, the black Home Ownership rate was 34 in 2021, however lower than it was i
H. Stephan “Steve” Gordon, loving husband of Irene Harris Gordon, died suddenly on Monday (May 6, 2002) after spending a wonderful day with his two sons, Chris and Matt. Steve passed peacefully surrounded by his loving family. Steve was born in Vienna, Austria on December 4, 1922. In 1938, he fled to the United States […]