Category Archives: Business

Obama Deficit Cuts –

Posted on 13. April 2011 by Jim Sutliff

Obama brought the budget battle to the national media with a speech this afternoon.  Obama promised to cut the deficit by $4 trillion over the next 12 years.  The Obama budget plans to use spending cuts and tax increases to achieve the … Continue reading →

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Investor Reaction To Government Shutdown –

Posted on 8. April 2011 by Jim Sutliff

CNN Money has an article on investor reactions to a possible government shutdown.  The possibility of a government shutdown hasn’t had a major effect on trading activity.  Wall Street is being influenced by rising crude oil prices, geopolitical tensions, and … Continue reading →

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Millionaire Tax –

Posted on 26. March 2011 by Jim Sutliff

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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Gulf Oil Drilling Permits –

Posted on 22. March 2011 by Jim Sutliff

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 –

Posted on 18. March 2011 by Jim Sutliff

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 –

Posted on 16. March 2011 by Jim Sutliff

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

Posted in Administrative, Business, Congress, DC, Democrat, Dodd-Frank, Economy, Election, Energy, Environment, Estate Tax, Federal Reserve, Fundraising, General, Governor, Healthcare, Infrastructure, Politics, Presidential, Real Estate, Regulatory, Republican, RNC, Tax, Trade | Leave a comment

O’Hare Airport Deal –

Posted on 14. March 2011 by Jim Sutliff

Chicago reached an agreement with United and American  Airlines for a $1.17 billion dollar plan.  The expansion and modernization program would help to reduce flight delays by adding and reconfiguring runways.  To read a related Reuters article, please click here: http://www.reuters.com/article/2011/03/14/us-chicago-airlines-ohare-idUSTRE72D5N020110314 James … Continue reading →

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Making Work Pay Credit –

Posted on 7. March 2011 by Jim Sutliff

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 Passes Aviation Bill –

Posted on 24. February 2011 by Jim Sutliff

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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Dodd-Frank Delay –

Posted on 17. February 2011 by Jim Sutliff

Senate hearings are heating up regarding the funding of the Dodd-Frank bill.  Major agencies are requesting funds to implement the bill and are facing resistance from Republicans and some Democrats.  Republicans have 47 Senators that are likely to be united … Continue reading →

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Offshore Wind Energy –

Posted on 13. February 2011 by Jim Sutliff

Maryland is considering a bill that would require the purchase of electricity from offshore wind farms.  The Maryland Offshore Wind Act of 2011 set the stage for utilities to purchase between 400 and 600 megawatts from offshore wind farms for … Continue reading →

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Oil Industry Oversight –

Posted on 11. February 2011 by Jim Sutliff

 The National Commission on the BP Deepwater Horizon Oil Spill released some of their findings to the House Committee on Transportaion and Infrastructure.  One finding addresses the need for stricter oversight of drilling by receiving $200 million in funding from … Continue reading →

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Senate Democrats Target Oil Industry –

Posted on 8. February 2011 by Jim Sutliff

Senate Democrats are attempting to eliminate tax breaks for the oil industry.  In a recent letter, Senate Democratic leaders asked House Speaker Boehner to remove tax breaks for the oil industry to help cut spending.  The letter was signed by Senate … Continue reading →

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Health Care Repeal Voted Down –

Posted on 6. February 2011 by Jim Sutliff

The Senate voted on party lines against repealing the health care overhaul.  The outcome was expected with the final vote being 51-47.  However, there was a change made to health care law which affects small businesses.  The Senate voted 81-17 to remove a requirement … Continue reading →

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Canadian Pipeline –

Posted on 23. December 2010 by Jim Sutliff

The Obama administration is expected to approve the expansion of an existing Canadian pipeline.  The pipeline expansion will increase the amount of oil imported from Canada’s oil sands by over 300,000 barrels a day.  Keystone, the pipeline expansion project, will create hundreds of … Continue reading →

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