Category Archives: Congress

Super Committee Deadlocked –

Posted on 19. November 2011 by Jim Sutliff

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 →

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Virginia State Senate Shifts To GOP –

Posted on 9. November 2011 by Jim Sutliff

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 →

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Debt Concerns Grow –

Posted on 6. August 2011 by Jim Sutliff

World leaders are meeting this weekend to discuss the debt crises in Europe and the United States.  The downgrade of U.S. debt by Standard and Poor’s on Friday will test the strength of financial markets.  Also, markets may negatively react if the … Continue reading →

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House Passes Debt Legislation –

Posted on 1. August 2011 by Jim Sutliff

The House passed legislation to raise the debt ceiling with a vote of 269-161.  Only 66 Republicans opposed the bill and 95 Democrats supported the legislation.  The legislation will raise the debt ceiling by $2.1 trillion and cut federal spending by $2.4 trillion.  … Continue reading →

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Congress Close To Debt Deal –

Posted on 31. July 2011 by Jim Sutliff

Congress is close to an agreement on a deal to raise the debt ceiling.  Republican and Democratic Senators are meeting on Sunday in an attempt to finalize a deal before the financial markets open on Monday.  The Dollar fell against all … Continue reading →

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Oil Sands Pipeline Bill –

Posted on 27. July 2011 by Jim Sutliff

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 →

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Republican Camp Talks Debt Deal –

Posted on 23. July 2011 by Jim Sutliff

Republican Congressman Dave Camp predicted that there will be a compromise to raise the $14.3 trillion debt ceiling by August 2nd.  Camp would like the debt deal to include an overhaul of the tax code.  In addition, Camp has indicated that any … Continue reading →

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Boehner Predicts Compromise –

Posted on 21. July 2011 by Jim Sutliff

Republican John Boehner predicted that the GOP will compromise on raising the debt ceiling.  The House Speaker expects a majority of the Republicans will approve a modified plan proposed by the Senate even without a balanced budget amendment.  According to Democratic … Continue reading →

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States May Face Downgrade –

Posted on 19. July 2011 by Jim Sutliff

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 →

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Obama News Conference Set For Monday –

Posted on 10. July 2011 by Jim Sutliff

The debt negotiations between Republicans and Democrats have broke down and are scheduled to start again on Monday morning.  In addition, Obama is set to hold a press conference relating to the debt negotiations at 11 AM on Monday morning.  To read … Continue reading →

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GOP Gains In North Carolina Redistricting –

Posted on 1. July 2011 by Jim Sutliff

The draft map for redistricting in North Carolina strongly favors Republicans.  The new districts solidify current Republican seats and place four Democratic seats into Republican leaning districts.  The four Democrats that are in danger of losing are Brad Miller, Heath … Continue reading →

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Fischer To Run For Nebraska Senate Seat –

Posted on 28. June 2011 by Jim Sutliff

Nebraska State Senator Deb Fischer is expected to announce her candidacy for the U.S. Senate.  Fischer will face State Treasurer Don Stenberg and State Attorney General Jon Bruning for the Republican nomination.  The winner of the Republican primary is favored to … Continue reading →

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Deficit Negotiations –

Posted on 20. June 2011 by Jim Sutliff

Negotiations on the deficit and the debt ceiling are making progress in Congress.  Democrat Senator Dick Durbin indicated that a delay could force interest rates higher.  Democrats are attempting to raise the debt ceiling and Republicans are proposing budget cuts to lower the … Continue reading →

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Free Trade Deals Set To Pass –

Posted on 16. June 2011 by Jim Sutliff

Congress is set to pass free trade deals for South Korea, Columbia, and Panama.  The free trade deals are expected to be sent to Congress from the Obama administration.  The trade agreements have strong support in the Republican controlled House and enough … Continue reading →

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Trade Pacts And Programs –

Posted on 25. May 2011 by Jim Sutliff

Senator Max Baucus has tied the renewal of the Trade Adjustment Assistance program with trade deals for Korea, Columbia, and Panama.  The Senate Democrat is the Finance Committee Chairman and has the support of at least 41 Senators on this … Continue reading →

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