Democrats Will Protect Access To Women's Health Services

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Mitt Romney: The Web of Influence

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Analysis: Changes To Obama Housing Program Will Prevent 500,000 Foreclosures

The Obama administration — in addition to announcing a new mortgage refinancing program, paid for by implementing a tax on the nation’s biggest banks — has introduced another round of fixes for its signature foreclosure prevention program, the Home Affordable Modification Program (HAMP). HAMP has fallen woefully short of expectations, due to a combination of design flaws, bank intransigence, and a significant amount of bank incompetence.

The new HAMP features include expanding the debt-to-income requirements for participation, paying investors more for principal reductions, and extending the program’s application deadline through 2013. According to an analysis from JP Morgan Chase, the changes should aid 500,000 homeowners:

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Hawaii Energy Program Brings Electric Vehicles to the Big Island

Hawaii is the most oil dependent state in the nation with more than 95 percent of its energy supplied by imported fossil fuels. Gas and electricity prices are also far above the national average. To increase its energy independence, Hawaii is revving up its state electric vehicle program, “EV Ready,” thanks to $4.5 million in funding from the Energy Department’s State Energy Program and the Recovery Act.

As part of the program administered by Hawaii’s Department of Business, Economic Development and Tourism (DBEDT), residents and businesses can apply for rebates and grants to purchase electric vehicles and construct charging stations. In 2011, rebates were approved for 237 electric vehicles and 168 chargers.  

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Obama Administration Announces Major Steps toward Leasing for Offshore Wind Projects in Mid-Atlantic

WASHINGTON — Echoing President Obama’s State of the Union call for an “all of the above” energy strategy, the Department of the Interior today marked a major milestone for offshore wind energy along the Atlantic coast.

Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced that the department’s renewable energy initiative has cleared an important environmental review, allowing Interior to move forward with the process for wind energy lease sales off Maryland, Virginia, New Jersey and Delaware.

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SAP will add 500 jobs in Newtown PA

NEWTOWN —When it comes to the world’s largest business software provider, the “Help Wanted” sign always seems to be front and center. Coming off what company officials called “the best year in our 40-year history,” SAP will add 500 jobs at its North America headquarters on West Chester Pike.

“The growth of the company as a whole was very strong in 2011 and these jobs in Newtown Square are part of a larger hiring of about 2,800 people across North America,” said company spokesman Atle Erlingsson. “They will be filled by a broad spectrum of people, from those with 10 or 15 years of experience to interns and those looking for their first job out of college.”

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