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There is no momentum in Congress for passing legislation to stop sequestration – the $85 billion mandatory budget reduction scheduled to take effect March 1 – but that hasn’t stopped…
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The complete lack of effort by politicians in Washington to find a solution to sequestration is sure to have some effect on the U.S. economy, but it’s not being felt…
In his recent State of the Union address, President Obama proposed raising the federal minimum wage from its current $7.25 an hour, a level where it has been stuck for…
President Obama and Congress are about to drag the country through another round of fiscal nonsense that likely will reinforce their reputations as indecisive politicians. The two sides are shadow-boxing…
As if tax season isn’t difficult enough, taxpayers must now be on alert for suspicious activity that could indicate that they are victims of tax-related identity theft. During last year’s…
America needs a reality check. At least, that’s what President Obama said in last night’s State of the Union address. While the president acknowledged the fact that the economy is…
Mistakes by credit reporting agencies could be costing American consumers thousands of dollars, according to a report by the Federal Trade Commission (FTC). The FTC found that 5 percent of…
In 1956, M. King Hubbert, a geoscientist working at the Shell research lab in Houston, presented a paper at a meeting of the American Petroleum Institute (API), predicting that oil…
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Sources:
- Shear, M. (2013, February 25). Obama Urges Congress to Find compromise on Budget Cuts. The New York Times. Retrieved from http://www.nytimes.com/2013/02/26/us/politics/obama-urges-congress-to-find-compromise-on-cuts.html
- Akabas, S. (n.d.). The Sequester: Mechanics and Impact. Bipartisan Policy Center. Retrieved February 25, 2013, from http://bipartisanpolicy.org/sites/default/files/The%20Sequester-%20Mechanics%20and%20Impact.pdf
- Madison, L. (2013, February 25). Obama to governors: Help me get Congress to act on sequester. CBS News. Retrieved from http://www.cbsnews.com/8301-250_162-57571126/obama-to-governors-help-me-get-congress-to-act-on-sequester/
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