Lots going on in D.C. today so let me catch you up to speed. The Democratic Senate reached a compromise on the budget deal in
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Budget Talks Stall As Reid Calls GOP Move A ‘Poison Pill’
We were expecting a vote today on the budget. What we got was more fighting. With the House and the Senate back to work for
Read MoreCongress Gets A Raise, Hasn’t Yet Fixed The Budget
If you’ve been worried about what will happen to those poor folks in Congress once the tax increases hit, worry no more: they’re getting a
Read MoreWhite House Sets Budget Vote Deadline
They came, they saw, they concurred. Yes, I meant concurred. And here’s what they agreed on: they should do something about the budget. Sadly, I’m
Read MoreObama, Boehner, Reid Blame Each Other For Lack Of A Budget
President Barack Obama, Vice President Joe Biden, Speaker of the House John Boehner (R-OH), House Minority Leader Nancy Pelosi (D-CA), Senate Majority Leader Harry Reid
Read MoreTreasury Warns U.S. Will Hit Debt Limit In 5 Days
Well, somebody was working today. Treasury Secretary Timothy Geithner sent a letter to Senate Majority Leader Reid (D-NV) advising that the U.S. will hit its
Read MoreBoehner Fails To Push Through Plan B
Christmas did not come early for Speaker of the House John Boehner (R-OH). Boehner failed to garner enough votes in the House to push through
Read MoreMikulski Expected To Replace Inouye As Appropriations Committee Chair
A little bit of history happened this week. Sen. Barbara Mikulski (D-MD) has been tapped to chair the Senate Appropriations Committee. She will be the
Read MoreIn Effort To Curb Immigration Related Fraud, IRS Changes ITIN Procedures
The Internal Revenue Service has announced updates in procedure with respect to Individual Taxpayer Identification Number (ITIN) requirements. ITINs are basically the equivalent of Social
Read MoreReport Cites Billions In Government Waste
Despite calls from both sides of the aisle to reduce spending, Congress was happy to cough up dollars and tax breaks for pet projects – when they bothered to show up at all, that is. In all, wasteful spending and unnecessary tax breaks totaled nearly $19 billion.
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