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Obama’s 2012 Budget: Why Federal Spending Needs to Be Raised, Not Cut

by on Feb.14, 2011, under Towing

President Obama’s proposed spending plan seeks to slash $1.1 trillion from the deficit over the next decade. Republican House Speaker John Boehner says that’s too little. In this case, both Obama and Boehner are wrong. The nation doesn’t need to spend less. It needs to spend more — a lot more.

Continue reading Obama’s 2012 Budget: Why Federal Spending Needs to Be Raised, Not Cut

Obama’s 2012 Budget: Why Federal Spending Needs to Be Raised, Not Cut originally appeared on DailyFinance on Mon, 14 Feb 2011 13:46:00.

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Obama’s Mortgage Reforms: Stronger Standards but Higher Costs

by on Feb.13, 2011, under Towing

The administration’s proposed revamp of Fannie Mae and Freddie Mac is actually an offering of multiple policy options, essentially passing the political hot potato to the Republicans. Problem is, any fix is sure to make mortgages costlier, with potential harm to the housing market.

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Obama’s Mortgage Reforms: Stronger Standards but Higher Costs originally appeared on DailyFinance on Sun, 13 Feb 2011 10:00:00.

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California Governor Jerry Brown Declares State of Fiscal Emergency

by on Jan.21, 2011, under Towing

Gov. Brown Declares State of Fiscal Emergency in California

Newly-installed California Gov. Jerry Brown declared a state of fiscal emergency on Thursday, underscoring the need for quick legislative action on the state’s massive budget deficit. Without corrective action, he said, California’s combined deficit for this year and the next will be $25.4 billion.

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California Governor Jerry Brown Declares State of Fiscal Emergency originally appeared on DailyFinance on Fri, 21 Jan 2011 08:40:00.

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Will Obamacare Really Kill 1.6 Million Jobs?

by on Jan.13, 2011, under Towing

The Republican opposition in Congress has put that number on the impact they say health care insurance reform will have on employment. The law’s proponents say that figure is way off target. The real effect will likely depend on how the law actually gets implemented.

Continue reading Will Obamacare Really Kill 1.6 Million Jobs?

Will Obamacare Really Kill 1.6 Million Jobs? originally appeared on DailyFinance on Thu, 13 Jan 2011 09:40:00.

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