
WASHINGTON, July 8 (UPI) -- Republicans on Capitol Hill Wednesday said the Obama administration's economic stimulus plan has been mishandled and overly optimistic about U.S. job creation.
Rep. Darrell Issa, R-Calif., was among the GOP members of Congress who said at a House committee hearing that the $787 billion spending plan had failed to create jobs and hold unemployment at 8 percent.
"I am convinced that it won't work," said Issa. "Unfortunately, recent economic data has validated my opposition."
The jobless rate hit 9.5 percent in June, the United States lost 3.4 million jobs in the past six months as the recession showed greater tenacity than expected.
CNN said White House officials defended the stimulus, telling the House Oversight and Government Reform Committee that more time was needed for the package to show results.
"We are slowing the economic free fall (and) the recovery act is an important part of that effort," said Rob Nabors, deputy director of the White House Office of Management and Budget. "It is a work in progress, but it is steady progress."
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NEW YORK, Feb. 9 (UPI) --
A man who made his young son run around and do pushups in the New York City snow in his underwear has incited outrage from people who say he is cruel.
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NEW YORK, Feb. 9 (UPI) --
Macaulay Culkin is in "perfectly good health," his publicist said after the former child star was photographed looking gaunt and disheveled in New York.
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TEL AVIV, Israel, Feb. 9 (UPI) --
The Israeli government plans to build a floating liquefied natural gas terminal with a sea-based defense radar system off its Mediterranean coast while forming a naval force to protect its rich offshore gas fields against terrorist attack.
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UPI horoscopes for Friday, Feb. 10, 2012.
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