Take Notice: news on the economy and spending for March 22nd

March 22, 2010

Washington Post:

After months of debate, measure goes to Obama: “After approving the massive Senate bill by a vote of 219 to 212, the House turned its attention to a separate package of fixes, known as a reconciliation bill, that is to be taken up in the Senate this week.”

House adopts student loan bill: “Measure inserted in health package would replace private lender subsidies with direct federal aid.”

Associated Press:

IMF tells wealthy nations to watch debt: “The International Monetary Fund warned the world’s wealthiest nations Sunday to watch their surging levels of government debt, saying it could drag down the growth needed to ensure continued economic recovery.”

Fed must reveal bank loan info from financial crisis, court rules: “The Federal Reserve must reveal documents identifying financial companies that received Fed loans to survive the financial crisis, a federal appeals court ruled Friday.”

New York Times:

States Look Beyond Borders to Collect Owed Taxes: “Improved techniques for identifying workers from beyond their borders have led states to increase tax enforcement.”

Take $787 Billion. Now Show Where It’s Going: “The information-design theorist Edward Tufte is using his critical eye to improve the recovery.gov Web site.”

Wall Street Journal:

Brown: Budget Will Reduce Deficit: “The U.K.’s budget will aim to support economic growth and reduce the record spending deficit in a timely but supportive manner, the prime minister said.”

Interest-Rate Deals Sting Cities: “Cities and states are losing money on deals with Wall Street made in a different interest-rate environment, and now some are trying to escape the contracts.”

Big Push to Alter Finance Rules: “Administration officials are intensifying their appeals to overhaul U.S. financial regulation as the Senate Banking Committee prepares to take up the Dodd legislation.”

USA Today:

Average income tax refund jumps by 10% to $3,036: “The average income tax refund is up nearly 10% from a year ago, reflecting tax credits included in last year’s economic stimulus package, according to IRS Commissioner Douglas Shulman.”

Tags:, , , , , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *