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Congress Passes Spending Bill: GOP Wins First Round of Federal Budget Battle

by on Mar.02, 2011, under Towing

For those investors keeping score at home, Republicans have won “Round 1″ of the budget battle in Washington. But in the long run, all Americans may benefit if a government shutdown is averted.

Congress has just agreed to a Republican-crafted bill that contains $4 billion in budget cuts. The bill, if signed by President Obama, as is expected, will keep the U.S. government open until March 18, two…

Continue reading Congress Passes Spending Bill: GOP Wins First Round of Federal Budget Battle

Congress Passes Spending Bill: GOP Wins First Round of Federal Budget Battle originally appeared on DailyFinance on Wed, 02 Mar 2011 12:45:00.

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State Governments Are Just Adding to Labor’s Woes

by on Feb.23, 2011, under Towing

Right to Work: An Alternative to Unions or Simply Irony?

American labor unions have been in decline for a half-century now. About the only large unions still growing have been those in the public sector. Until now. Cash-strapped states are attacking unions where it hurts by trying to strip them of the right to collectively bargain.

Continue reading State Governments Are Just Adding to Labor’s Woes

State Governments Are Just Adding to Labor’s Woes originally appeared on DailyFinance on Wed, 23 Feb 2011 12:00:00.

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The Looming Springtime Shutdown of the U.S. Government

by on Feb.20, 2011, under Towing

The Capitol Building in Washington, D.C.

Here we go again: Congressional Republicans and White House Democrats are engaging in a game of rhetorical warfare over the budget. If the parties don’t agree on a plan by March 4, the federal government could close, rattling stock and bond markets.

Continue reading The Looming Springtime Shutdown of the U.S. Government

The Looming Springtime Shutdown of the U.S. Government originally appeared on DailyFinance on Sun, 20 Feb 2011 09:00:00.

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Obama’s Budget Cuts: Less Than Meets the Eye, Thankfully

by on Feb.15, 2011, under Towing

Less to Obama's Budget Cuts Than Meets the Eye -- Thank Goodness

A parade of Republicans immediately lined up to attack the president’s proposed budget this week, claiming the plan falls short of making a real difference. They’re right. And that’s good, because really deep reductions are the last thing the economy needs right now.

Continue reading Obama’s Budget Cuts: Less Than Meets the Eye, Thankfully

Obama’s Budget Cuts: Less Than Meets the Eye, Thankfully originally appeared on DailyFinance on Tue, 15 Feb 2011 15:10:00.

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