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Author Archives: Jim Sutliff
Debt Concerns Grow –
World leaders are meeting this weekend to discuss the debt crises in Europe and the United States. The downgrade of U.S. debt by Standard and Poor’s on Friday will test the strength of financial markets. Also, markets may negatively react if the … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, Federal Reserve, General, Politics, Presidential, Republican, Tax, Treasury
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House Passes Debt Legislation –
The House passed legislation to raise the debt ceiling with a vote of 269-161. Only 66 Republicans opposed the bill and 95 Democrats supported the legislation. The legislation will raise the debt ceiling by $2.1 trillion and cut federal spending by $2.4 trillion. … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, General, Politics, Presidential, Regulatory, Republican
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Congress Close To Debt Deal –
Congress is close to an agreement on a deal to raise the debt ceiling. Republican and Democratic Senators are meeting on Sunday in an attempt to finalize a deal before the financial markets open on Monday. The Dollar fell against all … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, General, Politics, Presidential, Regulatory, Republican
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Oil Sands Pipeline Bill –
The Republican controlled House passed a bill that would require the Obama administration to approve or deny a permit for an oil sands pipeline by November 1st. The bill passed the House with a vote of 279-147. The Canadian pipeline would provide … Continue reading
Posted in Administrative, Business, Congress, Democrat, Economy, Energy, Environment, General, Infrastructure, International, Politics, Presidential, Regulatory, Republican, Trade
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Republican Camp Talks Debt Deal –
Republican Congressman Dave Camp predicted that there will be a compromise to raise the $14.3 trillion debt ceiling by August 2nd. Camp would like the debt deal to include an overhaul of the tax code. In addition, Camp has indicated that any … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, General, Politics, Presidential, Republican, Tax
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States May Face Downgrade –
Moody’s has indicated that bond ratings of some states may be downgraded if the debt limit is not raised. The states that depend heavily on federal revenue are likely to be hurt most by a default. Five states with high bond ratings that … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, General, Infrastructure, Politics, Presidential, Republican
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Obama News Conference Set For Monday –
The debt negotiations between Republicans and Democrats have broke down and are scheduled to start again on Monday morning. In addition, Obama is set to hold a press conference relating to the debt negotiations at 11 AM on Monday morning. To read … Continue reading
Posted in Administrative, Budget, Congress, Democrat, Economy, General, Politics, Presidential, Republican
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Iowa Straw Poll –
The Iowa Straw Poll is scheduled for August 13th at Iowa State University in Ames Iowa. The straw poll is a Republican fundraiser and very important for several candidates. Tim Pawlenty and Michele Bachmann are two Republican candidates that are … Continue reading
Posted in 2012, Election, Fundraising, General, Politics, Presidential, Republican
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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
Posted in 2012, Congress, Democrat, Election, General, Politics, Republican
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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
Posted in 2012, Democrat, Election, General, Politics, Presidential, Republican
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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
Posted in Administrative, Budget, Business, Congress, Democrat, Economy, General, Politics, Presidential, Regulatory, Republican
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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
Posted in Administrative, Business, Congress, Democrat, Economy, General, International, Politics, Regulatory, Republican, Tax, Trade
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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
Posted in Election, General, Governor, Politics, Republican
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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
Posted in 2012, Democrat, Election, Fundraising, General, Politics, Presidential, Republican
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Trade Pacts And Programs –
Senator Max Baucus has tied the renewal of the Trade Adjustment Assistance program with trade deals for Korea, Columbia, and Panama. The Senate Democrat is the Finance Committee Chairman and has the support of at least 41 Senators on this … Continue reading
Posted in Administrative, Business, Congress, Economy, General, International, Politics, Presidential, Regulatory, Republican, Trade
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