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Category Archives: Business
Earmark Ban –
The Hill reports that a proposal for a three year ban on earmarks is not likely to pass. Senate Majority leader Harry Reid negotiated with Republican leaders to bring the proposal to a vote that would require 67 votes for passage. Most … Continue reading
Posted in Administrative, Business, Democrat, Politics, Republican
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Tax Code Overhaul –
A comprehensive overhaul of the tax code could take place in the near future. Recently, Treasury Secretary Timothy Geitner indicated that the tax code was in need of a major overhaul. Congressional Republicans have also supported an overhaul of the … Continue reading
Posted in Administrative, Business, Congress, Democrat, Economy, Estate Tax, General, Politics, Regulatory, Republican, Tax
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Tax Cut Compromise –
Barack Obama is moving in the direction of a tax cut compromise during the lame duck session. Tax rates will rise in 2011 if action is not taken to keep the Bush tax cuts. The White House has also indicated that … Continue reading
Posted in Administrative, Business, Congress, Democrat, Economy, Election, Estate Tax, General, Politics, Regulatory, Republican, Tax
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Beltway Business –
A recent Business In The Beltway article on Forbes discusses the priorities of the new Congress. Republican victories in the House and Senate have changed the political landscape and are likely to shift policies on tax. Tax will almost certainly be … Continue reading
Posted in Administrative, Business, Congress, Democrat, Economy, Election, Energy, Estate Tax, General, Healthcare, Politics, Regulatory, Republican, Tax, Trade
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Quantitative Easing –
A recent survey indicated that 53 of 56 economists expected the Federal Reserve to start a second round of quantitative easing. The survey also indicated that 29 economists expect the amount to exceed $500 billion. The stock market is expected to … Continue reading
Posted in Administrative, Business, Economy, Federal Reserve, General, Regulatory
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New Jersey Tunnel Needs Partner –
Republican Governor Chris Christie is still considering the tunnel project that he stopped due to potential costs. The cost of the tunnel project may have been $5 billion more than originally anticpated. Democratic Senator Frank Lautenberg mentioned the possibility of a public … Continue reading
Posted in Administrative, Business, General, Infrastructure, Republican
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Kudlow Commentary –
Larry Kudlow has written an article on the economy, stock market, and the coming elections. The article can be found on Real Clear Politics and it is well worth the time to read. Kudlow discusses recent economic data, possible trade … Continue reading
Posted in Administrative, Business, Congress, DC, Democrat, Election, General, Politics, Regulatory, Republican, Tax, Trade
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Dodd-Frank Modifications –
The financial reform bill is likely to be changed significantly when Congress returns next year. Republicans are expected to gain seats in the House and Senate and could gain control of both chambers. Republicans will need 51 Senators to have control of the Senate … Continue reading
Posted in Administrative, Business, Congress, Democrat, Dodd-Frank, Election, General, Politics, Regulatory, Republican
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Chinese Yuan Bill –
The House is attempting to pass legislation directed at the Chinese Yuan. The goal is to persuade China to allow their currency to increase in value. The legislation would consider the undervalued Yuan a subsidy and allow for extra duties to be placed … Continue reading
Posted in Administrative, Business, Congress, Democrat, Election, General, Politics, Regulatory, Republican, Trade
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Boehner Supports Tax Cuts –
Republican John Boehner has indicated that he will vote to support a tax cut that does not include incomes at or above $250,000 per year. This move is likely to break a stalemate over the extension of tax cuts for all Americans. The … Continue reading
Posted in Administrative, Business, DC, Democrat, General, Regulatory, Republican, Tax
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Proposed Tax Cut Extension –
Republican John Boehner has proposed a two year extension for all of the Bush tax cuts. Previously, the Republicans opposed a short term extension and instead wanted the tax cuts to become permanent. A two year extension would delay an … Continue reading
Posted in Administrative, Business, DC, Democrat, General, Politics, Regulatory, Republican, Tax
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Infrastructure Plan –
The Obama administration is set to release a new infrastructure plan on Wednesday. The plan is expected to include new construction as well as repair work. Funds for the project will still have to be allocated because most of the … Continue reading
Posted in Administrative, Business, General, Infrastructure, Politics, Regulatory
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Monetary Stimulus –
An increase in private payrolls helped the stock market before the holiday weekend. The positive payroll data may keep the Federal Reserve from taking measures to add a monetary stimulus later in the month. One concern is that a slow response … Continue reading
Posted in Administrative, Business, Federal Reserve, General, Regulatory
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Economist Survey –
The National Association for Business Economics released a survey that showed a majority thought there should be more focus on economic growth than deficit reduction. The majority of the 242 respondents also believed that the 2003 Bush tax cuts should not expire … Continue reading
Posted in Administrative, Business, DC, General, Regulatory, Tax
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Business Tax Hikes –
A recent Forbes article discusses the wide range of propsed taxes that may be waiting for individuals and the business community. Election year politics may soften the tax hikes with Democrats attempting to win back voters. Republicans are expected to … Continue reading
Posted in Administrative, Business, DC, Election, Energy, Estate Tax, General, Healthcare, Politics, Regulatory, Tax
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