Senator Reid filed a procedural motion this afternoon which sets up a vote to proceed to the Financial Legislation on Monday. The vote will take place Monday night at 5:15 p.m. and if approved will move the legislation to the next step with or without bipartisan support.
To read the Roll Call article, please click here:
http://www.rollcall.com/news/45477-1.html
Jim Sutliff
Republican leadership is indicating that there is a strong chance of a bipartisan financial bill in the next few weeks. Republican Senator Richard Shelby has stated that the two parties are conceptually together on 85% of the bill. The $50 billion fund for failing banks is expected to be dropped from the legislation.
To read a related Bloomberg article, please click here:
http://www.bloomberg.com/apps/news?pid=20601087&sid=adwdvpRJc77U&pos=8
James Sutliff
The Congressional Quarterly MoneyLine provides needed campaign finance information and guidelines. It is also a great source of news regarding campaigns and campaign accounts. The articles posted provide insight into the races that are competitive and the races that may be competitive in the near future. Republican and Democrat committees for the House and Senate are reported on as well as individual campaigns.
To visit the CQ MoneyLine, please click here:
http://www.cqmoneyline.com/pml/home.do
Jim Sutliff
It is expected that Republican leaders will put Health Care and the front of their election strategy. Republican officials return to Washington this week and have the remainder of the session to implement the strategy.
http://www.cqpolitics.com/wmspage.cfm?docID=news-000003638646
James Sutliff
A top resource for political insiders is the Cook Political Report. They provide insight and analysis on State and Federal races. A quick look at their breakdown indicates that Republicans are expected to achieve gains in both House and Senate races in 2010. Republican campaigns also have a stronger fundraising effort in the first quarter.
To view the Cook Political Report Website, please click here:
Jim Sutliff
Congressional Quarterly has a political atlas that provides election results for Congress and Presidential results by district. The atlas also provides a breakdown of the 2010 races for Senate and the House.
To visit the Political Atlas, please click here:
http://innovation.cqpolitics.com/atlas/home
James Sutliff
Senator Schumer is calling for the SEC to be a self funded regulatory body. The SEC would be funded through fees that it would collect. This is one more item up for debate regarding the financial bill.
To read a Wall Street Journal article, please click here:
Jim Sutliff
The race for United States Senate in Pennsylvania has drawn a great deal of attention from pollsters. The only problem is that every poll seems to yield a different result. Polling data this far in advance of elections have historically been inaccurate. Congressional Quarterly has an article on polling in the Pennsylvania Senate race.
To read the Congressional Quarterly article, please click here:
http://www.cqpolitics.com/wmspage.cfm?parm1=5&docID=news-000003637598&mp=Most_Viewed
James Sutliff
Leveraged Exchange-Traded Funds are coming ubder closer scrutiny of the SEC. The Commodities Futures Trading Commission (CFTC) have also indicated that they may put stricter limits on position which could effect large ETFs.
To read the Wall Street Journal article, please click here:
Jim Sutliff
Fox News Business has an area dedicated to TARP and TALF articles and reports. If you have an interest in these programs you should check out this news source.
To visit Fox News Business, please click here:
http://www.foxbusiness.com/search-results/business/finance/troubled-asset-relief-program.htm
James Sutliff
Forbes discusses a major ruling in a New Jersey Tax Court opinion regarding a telecommuter.
To read the article, please click here:
Jim Sutliff
With fewer than 40 days left before the tax credit expires the real estate industry is in full swing. Smart Money takes a good look at the tax credit and how it relates to the current economic climate.
To read the Smart Money article, please click here:
James Sutliff
Despite the importance of the Senate Parliamentarian position it is not widely known by the public. This important position came into the spotlight due to recent rulings regarding the healthcare bill and reconciliation. In a recent article, Roll Call covered the issue and the parliamentarian role.
To read the Roll Call article, please click here:
http://www.rollcall.com/issues/55_108/roadmap/44541-1.html
Jim Sutliff
The Congressional Quarterly-Roll Call Group launched the CQ Energy & Climate newsletter. This service provides coverage of energy and environmental issues facing the government. Bill tracking is one feature of the service that should prove to be invaluable. Schedule information and CRS reports are also included in the service.
To request a complimentary trial, please visit the CQ site:
http://corporate.cq.com/wmspage.cfm?parm1=397
Jim Sutliff
The Hill reports that the healthcare bill is headed back to the house. Senate Parliamentarian Alan Frumin sustained two objections by Republicans early Thursday. The bill is expected to be passed by the House and the ruling by Frumin did not surprise officials.
To read an article by The Hill, please click here:
http://thehill.com/homenews/senate/88991-dems-wall-st-is-next
James Sutliff
