March 10th, 2010
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The chamber is slated to vote today on the legislation that would also provide $25 billion in aid to states, extend a package of miscellaneous tax cuts, temporarily ease corporate- pension funding requirements and prevent cuts in Medicare reimbursements to doctors.
A [...]
March 9th, 2010
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The “Counting for Dollars” study by the Washington-based Brookings Institution was released today as U.S. households have begun to receive the 2010 census questionnaires that will help determine more than $400 billion in annual federal funding for the next decade.
The bottom [...]
March 9th, 2010
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“I hope the indirect talks will be a vehicle by which we can allay that layer of mistrust that has built up over the past years,” Biden said in a Jerusalem meeting today with Israeli President Shimon Peres.
Bidens visit began yesterday [...]
March 9th, 2010
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The measure sought to trim Californias $20 billion deficit, mostly through reductions in spending on prisons. Schwarzenegger, a Republican, said the bill overstated how much could be saved, particularly by deporting illegal aliens now in jail, and urged the Legislature to take other steps to narrow the shortfall in the $87 billion annual budget. [...]
March 8th, 2010
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The National Federation of Independent Business and more than 40 business organizations wrote Senate and House leaders last week asking for quick action on a proposed 35 percent levy on inheritances worth more than $10 million per couple. The Associated General Contractors of America is urging members to contact lawmakers about the plan. [...]
March 8th, 2010
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North Koreas armed forces “should keep themselves fully ready to go into action in order to blow up the citadel of aggressors,” the countrys Supreme Command said in a statement carried by the state-run Korean Central News Agency. The U.S.- South Korea drills are raising tension on the Korean peninsula that “a war may break [...]
March 5th, 2010
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Colorful, ethnic, tribal, the New York political scene is much like the Big Apple itself, a bit rough around the edges. But the political upheaval taking place in the state now has shocked even hardened New Yorkers and given disillusioned voters across the nation more reason to lose faith in their leaders.
Just in the past [...]
March 5th, 2010
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Levin, a Michigan Democrat, said in an interview yesterday hell convene the committee soon to examine the $90 billion fee plan proposed by President Barack Obama to compensate the government for bail out money provided to American International Group Inc. and other companies through the Troubled Asset Relief Fund.
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March 5th, 2010
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Noreen Evans, the chairwoman of the budget committee, introduced legislation to speed issuance of general obligation bonds approved by voters but not yet funded by the Legislature. California has $63 billion of general obligations outstanding and voter authority to sell $47.5 billion more, according to the Treasurer.
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March 4th, 2010
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Forty states and Washington, D.C. applied to the Race to the Top fund, the largest pool of federal discretionary education money in U.S. history. The grants, to be announced today, reward school systems for finding ways to strengthen academic standards, recruit better teachers, collect data on student performance and turn around failing schools that can [...]