By Jueseppi B.
White House Tweets – July 31, 2013
— The White House (@whitehouse) July 31, 2013
— The White House (@whitehouse) July 31, 2013
— @NSCPress (@NSCPress) July 31, 2013
— @NSCPress (@NSCPress) July 30, 2013
White House Schedule – Wednesday July 31, 2013
Wednesday, July 31 2013 All Times ET
10:10 AM: The President meets with the House Democratic Caucus.
11:25 AM: The President meets with the Senate Democratic Caucus.
2:10 PM: The President welcomes the NCAA Champion UConn Huskies to honor the team and their 2013 NCAA Women’s Basketball Championship.
3:00 PM: Congressional leaders join together for a ceremony to commemorate the 50th anniversary of the 1963 March on Washington for Jobs and Freedom.
4:30 PM: The President and the Vice President meet with Secretary of the Treasury Lew.
Statements and Releases July 30, 2013
White House LIVE!!
President Obama Honors 2013 NCAA Women’s Basketball Champion UConn Huskies
The White House
July 2013: Photo of the Day
President Obama Welcomes the 2015 Special Olympics World Games to Los Angeles
Published on Jul 30, 2013
President Obama and First Lady Michelle Obama sign on as Honorary Chairs of the 2015 Special Olympics World Games – Los Angeles 2015.
Secretary Kathleen Sebelius
05:15 PM EDT
Ed Note: This is a cross post from The Huffington Post. You can find the original post here.
My 92-year-old father first ran for public office after he finished his military service in World War II. He served on the city council, and later was elected to Congress. In 1965, he helped write and voted for Medicare and Medicaid, which celebrate their 48th anniversary today.
Since then, Medicare has been a guaranteed benefit earned after a lifetime of hard work for millions of America’s seniors. Medicaid has provided affordable health coverage for millions of low-income working Americans and families. Both programs have helped keep people from falling into poverty. Both have been lifelines to better health and sources of peace of mind and security.
That’s why President Obama has made it a top priority to strengthen Medicare and Medicaid so that our seniors and future generations can get the health care they need and peace of mind they deserve.
Because of the health law, seniors are seeing more dollars saved in their wallets and better benefits to their health.
More than 6.6 million people on Medicare have saved an average of more than $1,000 on prescription drugs since the enactment of the Affordable Care Act. That’s money that has been used for groceries, utilities, and visits with grandchildren instead of being sent to drug companies — and that’s how the Affordable Care Act is closing the “donut hole” that too many seniors fall into.
09:30 AM EDT
This morning the Bureau of Economic Analysis released a comprehensive revision to the National Income and Product Accounts, covering the full history of data since 1929. The revision showed that the recovery from the Great Recession has been slightly faster than previously reported, with real gross domestic product (GDP) expanding by a cumulative 8.5% from 2009:Q2 to 2013:Q1, compared to the previous estimate of 8.1% growth over that period. Including the advance estimate for 2013:Q2, real GDP has risen by 9.0% since the business-cycle trough in 2009:Q2 (see chart). In addition, real GDP surpassed its pre-recession peak in 2011:Q2, two quarters sooner than was reported prior to the revision, and is 4.4% higher than it was at the business-cycle peak in 2007:Q4.
The revision also showed that while the contraction during the Great Recession was slightly less severe than previously reported, it remains the largest decline since quarterly data became available in 1947. Cumulatively, real GDP fell by 4.3% during the recession, less than the 4.7% drop previously reported. The steep drop in economic activity caused by the recession makes it imperative that more work is done to raise economic growth and speed job creation.
The comprehensive revision to the national accounts, which is the first since July 2009, includes additional source data received by the Bureau of Economic Analysis, as well as methodological changes designed to better reflect the evolving nature of the U.S. economy. For instance, the GDP data released today incorporates input-output tables derived from the once-every-five-years Economic Census, and adopts an expanded definition of business investment that includes spending on research and development (R&D) and the creation of original works of art like movies. All told, these and other changes raised the level of GDP in the first quarter of 2013 by $551 billion at an annual rate (or 3.4%), from $16.0 trillion to $16.5 trillion.
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