October 31, 2011
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Read articles from the October 31st addition, including an update from the deficit super committee, spending bills, and the President’s job package.
- CHN: Disappointing Reports of Deficit Plans from Super Committee Democrats and Republicans
After weeks of behind-closed-doors discussions among the dozen members of the Joint Select Committee on Deficit Reduction, last week reports began to emerge about a proposal unveiled by a majority of the panel’s Democrats and another plan put forward by its Republicans. Neither plan has been made public and reports are that both were discussed Read More »
Posted in Budget and Appropriations, Economy Comments Off - CHN: FY 2012 Minibus Spending Bill Moves Toward Passage
Hoping to avoid a showdown over federal spending, the Senate is taking the lead in moving Fiscal Year 2012 appropriations bills by packaging the twelve FY 2012 appropriations bills that fund discretionary programs into smaller ‘minibus’ bills. These bills are expected to be less contentious and move more quickly than an omnibus bill or individual Read More »
Posted in Budget and Appropriations Comments Off - CHN: Republicans – and a Few Democrats – Block the President’s Jobs Package
On October 11, the Senate took a vote to end debate and move forward on the President’s full $447 billion jobs package, the American Jobs Act (S. 1660), modified, with his approval, by substituting a 5.6 percent tax on income above $1 million to pay for it. Cutting off debate requires 60 votes, which means Read More »
Posted in Labor and Employment, Unemployment Insurance Comments Off
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