President Obama Touts Economy While Marking Lehman Fall - KTVN Channel 2 - Reno Tahoe Sparks News, Weather, Video

President Obama Touts Economy While Marking Lehman Fall

Posted: Updated:

President Barack Obama says the nation's financial system is `safer' five years after the collapse of a Wall Street giant plunged the nation deeper into a recession.
 
Obama marked the fifth anniversary of the bankruptcy of Lehman Brothers by surrounding himself with Americans the White House says have benefited from the administration's economic and banking policies.
 
Obama says his administration has laid a "new foundation" for a stronger economy. But he admits that the benefits are not being felt by many middle class Americans. 
 
The president's remarks come ahead of anticipated confrontations with congressional Republicans over paying for government operations and raising the nation's borrowing cap. He jabbed Republicans, saying GOP lawmakers are not focused on the middle class.   (AP)

  • NewsMore>>

  • Portion of Mills B. Lane Courthouse Closed After Fire Sprinkler Activation

    Portion of Mills B. Lane Courthouse Closed After Fire Sprinkler Activation

    Tuesday, May 22 2018 7:32 PM EDT2018-05-22 23:32:01 GMT

    UPDATE: The DA's Office reports that water damage was significant to the east half of the 4th floor in the Mills B. Lane Justice Center. There are contractors working with the County to remove water and dry out the floors and walls.

    More >>

    UPDATE: The DA's Office reports that water damage was significant to the east half of the 4th floor in the Mills B. Lane Justice Center. There are contractors working with the County to remove water and dry out the floors and walls.

    More >>
  • Placer County Sheriff Releases Images of Burglary Suspects

    Placer County Sheriff Releases Images of Burglary Suspects

    Tuesday, May 22 2018 7:16 PM EDT2018-05-22 23:16:50 GMT
    Courtesy of Placer County Sheriff's OfficeCourtesy of Placer County Sheriff's Office
    Courtesy of Placer County Sheriff's OfficeCourtesy of Placer County Sheriff's Office

    The Placer County Sheriff's Office is seeking the public's help to identify two suspects involved in a series of burglaries from March. Secret Witness is offering a cash reward of $750 to find two people who were involved in vehicle burglaries on Mt. Rose Highway, residential burglaries at North Lake Tahoe and fraudulent use of credit cards.

    More >>

    The Placer County Sheriff's Office is seeking the public's help to identify two suspects involved in a series of burglaries from March. Secret Witness is offering a cash reward of $750 to find two people who were involved in vehicle burglaries on Mt. Rose Highway, residential burglaries at North Lake Tahoe and fraudulent use of credit cards.

    More >>
  • Caltrans: Emergency Pavement Repairs in Sierra County

    Caltrans: Emergency Pavement Repairs in Sierra County

    Tuesday, May 22 2018 7:02 PM EDT2018-05-22 23:02:30 GMT
    Courtesy of CaltransCourtesy of Caltrans
    Courtesy of CaltransCourtesy of Caltrans

    The California Department of Transportation (Caltrans) reports that there will be emergency paving repairs on Highway 89 and Highway 49 this week. Drivers traveling Highway 89 in between Sierraville and Sattley, and Highway 49 in Loyalton can expect lane closures and one-way traffic controls.

    More >>

    The California Department of Transportation (Caltrans) reports that there will be emergency paving repairs on Highway 89 and Highway 49 this week. Drivers traveling Highway 89 in between Sierraville and Sattley, and Highway 49 in Loyalton can expect lane closures and one-way traffic controls.

    More >>
Powered by Frankly
All content © Copyright 2000 - 2018 Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.