Category Archives: General

Deficit Cuts May Effect Rates –

Political pressure to cut the deficit has led Republicans and Democrats to propose spending cuts.  The cuts could have an effect on the steps taken by the Federal Reserve.  The Fed is more likely to keep rates at or near the current low rate due to lower … Continue reading

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Obama Deficit Cuts –

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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RNC Raises $7 Million –

Republican National Committee fundraising for March topped $7 million which leaves the RNC with $3.2 million on hand.  The Republican National Committee also announced that they hired  Angela Meyers as the new finance director.  Meyers held the same position with the Republican … Continue reading

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Government Shutdown Averted –

Republicans and Democrats reached a deal in the final hours to prevent a government shutdown.  The deal cut a record $38.5 billion of spending from the budget for the second half of the year.  A short term spending bill was … Continue reading

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Investor Reaction To Government Shutdown –

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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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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LeMieux To Seek Florida Senate Seat –

Republican George LeMieux is expected to declare his candidacy for the Florida Senate seat held by Democrat Bill Nelson.  LeMieux was appointed by Governor Crist in 2009 to fill the remainder of the term for Republican Mel Martinez.  LeMieux will face a … Continue reading

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Republican Pawlenty Presidential Campaign –

Republican Presidential candidate Tim Pawlenty is starting to visit key states like Ohio.  The former Governor of Minnesota must improve his name recognition with Republican primary voters.  Pawlenty is targeting midwestern states that are more likely to support his candidacy for the … 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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Dean Heller Seeks Nevada Senate Seat –

Dean Heller has stated that he will seek the Nevada Senate seat held by Senator Ensign.  Last week, Senator Ensign announced that he would retire and not run for re-election.  The Ensign departure could trigger a crowded Republican field but Heller is expected to … Continue reading

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