February 6, 2012
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Read the articles from the February 6th edition, including articles on unemployment insurance renewal and the payroll tax cut, as well as more on the federal budget.
- CHN: Congress Up Against Deadline to Extend Unemployment Insurance and Payroll Tax Cut
If this has a familiar ring it is because the same programs the House and Senate took to the brink in December are again set to expire. In mid-December the Senate amended the House-passed Temporary Payroll Tax Cut Continuation Act of 2011 (H.R. 3630), refusing to accept the egregious restrictions it placed as the price Read More »
Posted in Budget and Appropriations, Labor and Employment, Tax Policy, Unemployment Insurance Comments Off - CHN: The Federal Budget on Autopilot?
The new federal budget cycle begins on February 13, when President Obama will release his budget proposal for the fiscal year beginning next October 1. He will adhere to the spending caps enacted in the Budget Control Act of 2011, which set maximum spending for annual defense and nondefense appropriations through FY 2021. He will Read More »
Posted in Budget and Appropriations, Economy Comments Off
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