White House Council
Latest White House Council Items
The drumbeat of sobering economic news in the country has the White House on the defensive, with Democrats and administration officials appearing on Sunday political shows to rebut Republican criticisms about the nation's decades-high unemployment rate.
The White House on Thursday downplayed the danger to the economy from rapidly rising oil prices, which are flirting with $100 a barrel amid rising unrest in the Middle East, but many private economists worried that it might stifle this year's much-anticipated revival of growth and jobs.
President Obama's top economic adviser said Thursday the White House is monitoring the spike in oil prices as a result of uprisings in Libya, but said that recent fluctuations aren't likely to derail the U.S. economic recovery.
<i>The following exchange took place between Rep. Pat Tiberi, Ohio Republican, and Austan Goolsbee, chairman of the White House Council of Economic Advisers, during a Jan. 26 House Ways and Means Committee hearing on the new health care law. (Americans for Tax Reform fact-checked Mr. Goolsbee's responses.)</i>
A federal inspector general is looking into whether the Obama administration used confidential taxpayer information in an effort to attack a political opponent, Koch Industries.