Today’s employment report is a reminder that the economy’s troubles run deeper than the financial market distress that is monopolizing the headlines. Enacting the financial rescue plan before the House today is vital to reduce the risk of financial meltdown and an ensuing economic contraction more severe than any since the 1930s....

"Both houses of Congress have legislation before them to add additional weeks to the temporary extended benefits program. Ideally, Congress should pass this as part of a more comprehensive economic stimulus package. Barring that, lawmakers should pass the stand-alone legislation before adjourning."   Read more
 

New gaps have opened up in the budgets of at least 15 states plus the District of Columbia just two months after they struggled to close the largest budget shortfalls seen since the recession of 2001." Read more

Related Analysis:
Many States are Imposing Cuts That Hurt Vulnerable Residents
 

Click to review our four-star rating.

Washington Post Columnist Steven Pearlstein's profile of the Center

publications by date »