Senate Budget Recap
Yesterday the Senate voted on five budget resolutions, but none received enough votes to even be considered for debate.
California’s Fiscal Cliff
As fiscal year 2012 continues, many states are reporting increased revenues that help to reduce deficits and debt accumulated during the recession, but not California.
Pessimism in the Economy
The latest Associated Press – GfK poll measuring Americans’ opinion on the economy revealed a negative outlook. Less than 1 in 3 Americans believe that their household’s finances will improve this year, and thirty-five percent believe that the unemployment rate will begin to rise in the coming months.
World at a Glance: Greece & the U.S.
Once again, Greece finds the international community questioning its ability to pay its debts. Default and an exit from the Euro Zone (or countries which share the Euro as a common currency) threatens on the horizon. Here in the U.S., we face high debts and have a lowered credit rating due to Washington’s inability to agree on deficit reduction. Just how alike are our two nations?
Friday Funnies: 5 Jokes About The Economy!
“New predictions out today claim 42 percent of Americans will be obese by the year 2030. They say the only way to stop that is for the government to step in. Oh yeah, when it comes to trimming the fat and tightening your belt, what better way than the U.S. government?” –Jay Leno
The To-Do List
The president outlined a small legislative agenda yesterday while visiting the State University of New York in Albany. The “to-do” lists contained five measures to foster job creation in the country. The measures were designed to have a direct impact on the middle-class, but little is known about their overall cost.
Senator Feingold Attacks Rep. Nancy Pelosi
Former Senator Russ Feingold went after Rep. Nancy Pelosi yesterday for “a disturbing potential willingness to adopt a plan that could slash” Medicare, Medicaid and Social Security benefits.
B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
The Hill: Democrats should follow Sen. Conrad’s lead
When Congress last passed a budget resolution, over three years ago, President Obama pledged a new era of fiscal responsibility: “And by making hard choices and challenging the old ways of doing business, we will cut in half the budget deficit we inherited within four years,” he said.
State News Roundup
Wyoming plans to spend $7 million nationwide on tourism marketing to promote itself to potential tourists. North Carolina receives mixed news about its economy. Private Space flight in FL has promise to bring new jobs to Cape Canaveral.
