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Category Archives: Infrastructure
Fannie Mae Shows Net Loss –
Fannie Mae reported a first quarter net loss of $6.5 billion and will request an additional $6.2 billion from the government. Fannie Mae reported net income of $73 million in the last quarter. To read a related Wall Street Journal article, please click … Continue reading
Posted in Administrative, Business, General, Infrastructure, Real Estate, Treasury
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New Jersey Tunnel Funding –
New Jersey Governor Chris Christie has indicated that the state will not return the $271 million in commuter rail tunnel funding to the federal government. Recently, the Federal Transit Administration has added a fee for holding the funds that could amount … Continue reading
Posted in Administrative, Business, Democrat, General, Governor, Infrastructure, Politics, Regulatory, Republican
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Democrats Target Medicare Plan –
Senate Democrats are expected to vote on a house measure that would change Medicare benefits. The move is an aggressive step by Senator Reid and Congressional Democrats. Republicans have kept the Democrats on the defensive over the last few months regarding federal … Continue reading
Posted in Administrative, Budget, Business, Democrat, General, Healthcare, Infrastructure, Politics, Regulatory, Republican
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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
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, General, Infrastructure, Politics, Presidential, Republican, Tax
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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
Posted in Administrative, Budget, Congress, DC, Democrat, General, Infrastructure, Politics, Republican
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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
Posted in Administrative, Business, Congress, Economy, Energy, General, Infrastructure, Politics, Presidential, Regulatory
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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
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
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O’Hare Airport Deal –
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
Posted in Business, General, Infrastructure
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Short Term Funding Bill –
Another short term funding bill is being considered by Congress to prevent a government shutdown. The measure is expected to provide three weeks of funding past the current March 18th deadline. It is also expected to cut $6 billion of spending over … Continue reading
Posted in Administrative, Congress, Democrat, General, Infrastructure, Politics, Republican
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Government Waste –
The Government Accountability Office (GAO) released a 345 page report on government programs that duplicated efforts. Republicans and Democrats embraced the report as a guide to cut government spending. Republican Senator Tom Coburn requested the report and estimated savings that could exceed … Continue reading
Posted in Administrative, Congress, Democrat, General, Infrastructure, Politics, Republican
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Senate Passes Aviation Bill –
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
Posted in Administrative, Business, Economy, General, Infrastructure
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Dodd-Frank Delay –
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
Posted in Administrative, Business, Democrat, Dodd-Frank, Economy, General, Infrastructure, Regulatory, Republican
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Offshore Wind Energy –
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
Posted in Business, Economy, Energy, Environment, General, Infrastructure, Regulatory
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Oil Industry Oversight –
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
Posted in Business, Economy, Energy, Environment, Infrastructure, Regulatory, Tax
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Senate Democrats Target Oil Industry –
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
Posted in Administrative, Business, Congress, Democrat, Economy, Election, Energy, General, Infrastructure, Politics, Presidential, Regulatory, Republican, Tax, Trade
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