Category Archives: Administrative

Government Shutdown Closures –

The deadline for a government shutdown is approaching and the Washington Wire has an article on the effects of a shutdown.  Washington Wire lists several Federal agencies and the possible consequences for each agency if a spending bill is not approved.  … Continue reading

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Government Shutdown –

The Democrats have rejected a Republican budget proposal that would remove $33 billion in spending.  Democrats have also refused to accept another Republican proposal that would include $12 billion in spending cuts but would extend the talks for another week.  … Continue reading

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Millionaire Tax –

The millionaire tax is a hot button tax issue in  several states.  The results from an increased tax rate for high earners are questioned by many analysts.  Supporters of the millionaire tax argue that it increases revenue and effects a very small percentage … Continue reading

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Bachmann Presidential Run –

CNN and Roll Call are reporting that Michele Bachmann is set to form a Presidential exploratory committee.  The committee could be formed as early as June and would allow Bachmann to participate in early debates.  Bachmann is a favorite of the Tea … Continue reading

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Gulf Oil Drilling Permits –

The Bureau of Ocean Energy Management, Regulation and Enforcement, is expected to issue more oil and gas deep water drilling permits in the Gulf of Mexico.  The drilling permits may be issued within the next week.  In addition, some offshore leases … Continue reading

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Tax Rate Cut –

The House Ways and Means Committee on tax writing will propose tax rate cuts for individuals and corporations.  The highest tax rate proposed will fall from 35% to 25%.  There are no specific details regarding a timeline or which offsetting tax breaks would … Continue reading

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The Drudge Report –

The Drudge Report is a premier site that provides coverage of business, politics, and world events.  The Drudge Report has valuable links to sites and articles in an easy to read format.  To visit The Drudge Report, please click here: http://www.drudgereport.com/ James Sutliff

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Short Term Funding Bill –

Another short term funding bill is being considered by Congress to prevent a government shutdown.  The measure is expected to provide three weeks of funding past the current March 18th deadline.  It is also expected to cut $6 billion of spending over … Continue reading

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Wisconsin Bill Advances –

The  Wisconsin Assembly passed the bill removing collective bargaining rights from state workers.  The bill was moved forward without Senate Democrats who had left the state.  There are expected to be several recall elections for Republican and Democratic Senate seats.  Wisconsin only … Continue reading

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Rothenberg Elite Eight –

The 2012 Senate races are likely to shift majority control to the Republicans.  Democrats are facing an uphill battle in competitive states and a growing number of retirements.  A recent Roll Call article by Stuart Rothenberg discusses the dynamics behind eight competitive … Continue reading

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Making Work Pay Credit –

Bankrate.com provides a tax guide that can be of assistance this tax season.  A recent article discusses that Making Work Pay tax credit.  The article outlines the income limits for the tax credit and the reasons to file a schedule M with your return.  To … Continue reading

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Senate Stop-Gap Bill –

The Senate passed a stop-gap bill that provides 2 more weeks of funding.  The measure passed the Senate by a vote of 91-9.  The bill prevents a government shutdown of some services starting on March 5th.  Spending cuts of $4billion  came from funds for … Continue reading

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Government Waste –

The Government Accountability Office (GAO) released a 345 page report on government programs that duplicated efforts.  Republicans and Democrats embraced the report as a guide to cut government spending.  Republican Senator Tom Coburn requested the report and estimated savings that could exceed … Continue reading

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Senate Passes Aviation Bill –

Last week, the Senate approved approved a $35 billion dollar aviation bill.  The legislation is expected to bring more competition to routes from the west coast to the Washington DC area.  The bill passed the Senate with an 87-8 vote.  To read … Continue reading

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House Votes To Cut Spending –

The House of Representatives voted 235-189 to cut spending by $61 billion dollars.  The vote was along party lines with most Republicans voting for the bill which had deeper spending cuts than originally proposed.  Democrats are expected to make significant changes to the bill … Continue reading

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