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Category Archives: Democrat
South Carolina Primary –
The South Carolina Primary is being held today and recent polls indicate that Gingrich has pulled ahead of Romney. A Clemson University poll has Newt Gingrich at 32% and Mitt Romney falling to 26%. The Clemson poll has a margin … Continue reading
Posted in 2012, Democrat, Election, General, Politics, Presidential, Primary, Republican
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Democrat Ben Nelson To Retire –
Nebraska Senator Ben Nelson announced that he would not run for another term. Democrats are trying to recruit former Senator Bob Kerrey as a candidate. The retirement is likely to move another seat to the Republicans. Republicans are also likely to pick up … Continue reading
Posted in 2012, Congress, DC, Democrat, Election, General, Politics, Republican
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House Set To Approve Payroll Tax Cut –
House Republicans are set to approve a two month extension of the payroll tax cut. House Republican John Boehner has come to an agreement with Democratic Senator Harry Reid. The agreement would extend the tax cut for two months and begin … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, Election, General, Politics, Republican, Tax
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Payroll Tax Cut Extension –
The Senate passed a two month extension of the payroll tax cut. On Saturday, the measure passed the Senate with a vote of 89-10. The payroll tax cut amounts to a two percent drop from 6.2% to 4.2%. An increase in fees … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, Election, General, Politics, Republican, Tax
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Budget Deal –
Republican and Democratic officials have agreed on a spending bill through October 1st 2012. Specific details of the agreement are expected to be released on Tuesday. The measure still requires approval of the Senate and the House of Representatives. The current spending bill … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, General, Infrastructure, Politics, Republican, Tax
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Payroll Tax Bill Blocked By Senate –
A measure supported by the Democrats that would cut the payroll tax was blocked in the Senate. The bill only received 50 votes and needed 60 votes to move forward. The payroll tax on the first $110,100 would have fallen to 3.1% from … Continue reading
Posted in Administrative, Budget, Business, Democrat, Economy, General, Republican, Tax
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Barney Frank To Retire –
Congressman Barney Frank has announced that he will not seek another term. Frank has been in Congress for 16 terms and was expected to retire in 2014. Redistricting played a role in his decision to retire in 2012. Newly drawn congressional maps shifted his district … Continue reading
Posted in 2012, Administrative, Congress, Debate, Democrat, Election, General, Politics, Redistricting, Republican
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Super Committee Deadlocked –
The Super Committee remained deadlocked on Saturday as Republicans and Democrats could not agree on a compromise. Budget savings of $1.2 trillion are required by midnight on Wednesday. If an agreement is not reached by the deadline it could send … Continue reading
Posted in Administrative, Budget, Congress, DC, Democrat, Economy, Election, General, Politics, Presidential, Regulatory, Republican, Treasury
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Debt Super Committee –
The debt super committee has 10 days left before the November 23rd deadline. The 12 member committee comprised of six Democrats and six Republicans must come to an agreement by the deadline or automatic spending cuts will take effect. In addition, inaction … Continue reading
Posted in Administrative, Budget, Democrat, Economy, Estate Tax, General, Healthcare, Infrastructure, Politics, Republican, Tax, Uncategorized
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Virginia State Senate Shifts To GOP –
The GOP needed to pick up two seats in the Virginia State Senate to gain control and they may have succeeded. Republicans picked up one race and are ahead by 86 votes in another contest. Republican control of the State Senate would move … Continue reading
Posted in 2012, Administrative, Congress, Democrat, Election, General, Politics, Presidential, Redistricting, Republican
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Nevada Moves Caucus –
The Nevada Republican party moved their caucus to February 4th. The Nevada GOP had scheduled a January 14th date for the caucus but that would have forced New Hampshire to hold a primary in December. Nevada will still be the … Continue reading
Posted in 2012, Administrative, Democrat, Election, General, Politics, Presidential, Republican, RNC, Uncategorized
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Senate To Vote On Currency Bill –
The Senate voted 63-35 in support of the currency bill. The currency bill was supported by Republican and Democratic Senators and is hoped to address the trade imbalance due to undervalued currencies. Although the Senate supported the measure, the House … Continue reading
Posted in Administrative, Business, Democrat, Economy, General, International, Regulatory, Republican, Trade
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Senate Avoids Shutdown –
The U.S. Senate voted 79-16 in support of legislation to finance the government. The legislation also includes $2.65 billion in disaster assistance. The measure will finance the government through November 18th. The House is expected to vote on the legislation on … Continue reading
Posted in Administrative, Budget, Democrat, General, Infrastructure, Regulatory, Republican
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Currency Legislation –
Democratic Senator Harry Reid has indicated that he will introduce legislation relating to undervalued currencies. The measure will address the effect that undervalued currencies have on trade. The Chinese Yuan is one currency that is considered to be undervalued and acting as a subsidy to … Continue reading
Posted in Administrative, Budget, Business, Democrat, Economy, General, International, Regulatory, Republican, Trade
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Government Shutdown Showdown –
The Senate voted 59-36 against a House spending bill. The Republican bill in the House was designed to cut $1 billion in spending to pay for disaster relief. Senate Democrats are expected to move for a vote on an alternative … Continue reading
Posted in Administrative, Budget, DC, Democrat, Election, General, Infrastructure, Regulatory, Republican, Tax
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