Monthly Archives: June 2011

Fischer To Run For Nebraska Senate Seat –

Nebraska State Senator Deb Fischer is expected to announce her candidacy for the U.S. Senate.  Fischer will face State Treasurer Don Stenberg and State Attorney General Jon Bruning for the Republican nomination.  The winner of the Republican primary is favored to … Continue reading

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U.S. Firms Head For Tax Havens –

U.S. firms are heading to tax havens in greater numbers than in the past.  Increased regulations and tax burdens are factors considered by companies that are going public or relocating.  Bermuda and the Caymen Islands are two popular locations for … Continue reading

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Hunstman Declares –

Jon Huntsman became the latest Republican to announce a run for the Presidency.  The former Governor of Utah declared in a speech at Liberty State Park in New Jersey.  Jon Huntsman served as Ambassador to China for the Obama administration.  To read … Continue reading

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Deficit Negotiations –

Negotiations on the deficit and the debt ceiling are making progress in Congress.  Democrat Senator Dick Durbin indicated that a delay could force interest rates higher.  Democrats are attempting to raise the debt ceiling and Republicans are proposing budget cuts to lower the … Continue reading

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Free Trade Deals Set To Pass –

Congress is set to pass free trade deals for South Korea, Columbia, and Panama.  The free trade deals are expected to be sent to Congress from the Obama administration.  The trade agreements have strong support in the Republican controlled House and enough … Continue reading

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Bachmann Announces Candidacy –

Michele Bachmann announced that she is an official candidate for President.  The announcement came at the beginning of the CNN GOP Presidential debate.  The Republican field is still wide open but it is clear that Michele will be a top contender for … Continue reading

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Mike Pence Declares For Governor –

Indiana Congressman Mike Pence has announced that he will run for Governor.  The Republican served six terms as a Congressman and is a social and fiscal conservative.  Mike Pence will most likely defeat the Democrat and strengthen the Republican ticket.  To read a … Continue reading

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Wall Street Regulations –

At a public forum on June 7th, Jamie Dimon questioned Bernanke about Wall Street regulators.  The amount of regulation came into question as well as the end result possibly being a slowdown of the U.S. economy. To read a related Bloomberg article, … Continue reading

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Santorum Declares –

Rick Santorum announced that he will run for President in 2012.  The Republican served two terms in the U.S. Senate from 1995-2007.  Santorum is a fiscal and social conservative that should play well in early contests like Iowa and South Carolina.  To … Continue reading

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Estate Tax Law –

Kiplinger’s has an article on the estate tax law and the portability feature.  The article also discusses the expiration of the current provision at the end of 2012.  In addition, the article provides examples of unintended consequences of the estate tax law.  To … Continue reading

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Debt Ceiling Increase Voted Down –

A measure that would have increased the U.S. debt ceiling by $2.4 trillion was voted down in the House of Representatives.  The House voted 318-97 with 236 Republicans and 86 Democrats voting against the legislation.  For passage, the measure required 277 votes or two thirds … Continue reading

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