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Category Archives: Infrastructure
Hurricane Sandy –
Hurricane Sandy is expected to make landfall late Monday or early Tuesday. Forecasts have indicated that landfall may happen between Washington DC and New York. The National Hurricane Center has charts tracking the storm as well as forecasts and public advisories. Washington DC … Continue reading
Posted in 2012, Congress, DC, Election, General, Governor, Infrastructure, Politics, Presidential
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Congressional Quarterly Roll Call –
CQ Roll Call has an Executive Briefing series that covers Banking & Finance, Defense, Energy, Transportation, and Technology. CQ Roll Call also offers legislative tracking and advocacy tools. CQ Weekly and CQ Today cover the legislative process as well as the House … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, DC, Democrat, Dodd-Frank, Economy, Election, Energy, Environment, General, Healthcare, Infrastructure, Politics, Presidential, Regulatory, Republican, Trade
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Congress Passes Stopgap Transportation Bill –
Congress passed a stopgap 90 day bill that will provide funds for Federal highway projects. The measure passed the House on Thursday with 266 votes supporting the bill. The U.S. Senate passed the bill with a voice vote. The President … Continue reading
Posted in Administrative, Budget, Business, Democrat, General, Infrastructure, Regulatory, Republican
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Moody’s Cuts Greece Rating –
Moody’s lowered the credit rating for Greece to C from Ca. Moody’s indicated that the debt restructuring would provide investors with significantly less than their face value. Earlier in the week, Standard & Poor’s indicated that the restructuring plan for … Continue reading
Posted in Business, Economy, General, Infrastructure, International
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Gingrich Takes South Carolina –
Newt Gingrich won the South Carolina primary and has the lead in delegates for the Republican Presidential nomination. Gingrich finished with 40% of the vote and gained momentum heading into Florida. Romney came in second with 27% and Santorum finished in third … Continue reading
Posted in 2012, DC, Debate, Democrat, Economy, Election, Fundraising, General, Infrastructure, Politics, Presidential, Primary, Republican, Tax
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U.S. Factory Output & Jobs Improve –
The Institute of Supply Management’s factory index rose to 53.9 for the month of December. The increase marked the fastest that U.S. manufacturing has expanded in the last 6 months. The jobs report also showed gains for the month of December. … Continue reading
Posted in Administrative, Business, Economy, Federal Reserve, General, Infrastructure, Regulatory, Treasury
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Euro Trades Lower –
The Euro fell below $1.30 in afternoon trading on Wednesday. The Euro has not traded below $1.30 since mid-January of this year. Traders are watching Standard & Poor’s for any indications of sovereign debt downgrades. France is one of the … Continue reading
Posted in Administrative, Budget, Business, Economy, General, Infrastructure, International
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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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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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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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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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Munis Downgraded –
Standard and Poor’s downgraded over 11,000 municipal bonds that are closely tied to the federal government. The downgrades in the muni market were expected after Standard and Poor’s downgraded U.S debt last Friday. The munis will now have the AA+ … Continue reading
Posted in Administrative, Budget, Business, Economy, General, Infrastructure
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Senate Supports Debt Plan –
The Senate voted 74-26 in support of the debt plan. The plan was supported by 46 Democrats and 28 Republicans. The plan is expected to cut spending by $2.4 trillion and raise the debt ceiling by $2.1 trillion. However, most of … Continue reading
Posted in Administrative, Budget, Business, Democrat, Economy, Election, General, Infrastructure, Politics, Republican, Tax
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Oil Sands Pipeline Bill –
The Republican controlled House passed a bill that would require the Obama administration to approve or deny a permit for an oil sands pipeline by November 1st. The bill passed the House with a vote of 279-147. The Canadian pipeline would provide … Continue reading
Posted in Administrative, Business, Congress, Democrat, Economy, Energy, Environment, General, Infrastructure, International, Politics, Presidential, Regulatory, Republican, Trade
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States May Face Downgrade –
Moody’s has indicated that bond ratings of some states may be downgraded if the debt limit is not raised. The states that depend heavily on federal revenue are likely to be hurt most by a default. Five states with high bond ratings that … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, General, Infrastructure, Politics, Presidential, Republican
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