Topic: U.S. Senate Budget Committee

Most of America's taxpayers finished up their federal tax returns on April 18. But a Washington, D.C., tax think tank says that for tax year 2010...
The Senate Budget Committee wrote a letter to President Obama requesting a revised FY 2012 budget.. . SBC letter to POTUS letter requesting revised...

Stock Market, Feb. 17: What's on Tap

The word for the day is inflation. The Consumer Price Index is slated for release at 8:30 a.m. EST. Raise your hand if you think it will be high...
The U.S. economy is hitting its stride and gaining traction. That summarized comments by Fed Officials as Chairman Bernanke testified to the Senate...

Ben Bernanke: Are you kidding me?

Really troubling part of Fed Chairman's testimony is that he said it will take an additional 4-5 years to return to normal employmentIn testimony Friday before the Senate Budget Committee, Federal Reserve Chairman Ben Bernanke said that it will take 4-5 ...
Nonfarm payroll employment (jobs) increased far less than expected as reported Friday, with a net gain of only 103,000 jobs. The household survey...

Highlights: Bernanke testifies to Senate Budget panel

WASHINGTON (Reuters) - The following are highlights from a U.S. Senate Budget Committee hearing on Friday with testimony from Federal Reserve Chairman Ben Bernanke.BERNANKE ON STABILIZING DEBT-TO-GDP RATIO"No one knows exactly what the desirable debt-to-GDP ratio is. You mentioned the ...
Equity markets are continuing to drift higher into the new year, with domestic indexes rising nicely on Wednesday after the markets digested a...

Important Washington Events Next Week

Just because the year is coming to a close tomorrow doesn't mean that Washington and the economy is going into an off season.. . Next week ...
The title of a recently released CNN article is " They fear Democrats in the Senate will not follow through and pass the compromise". According to North Dakota Sen. Kent Conrad, chairman of the Senate Budget Committee, "Reconciliation "cannot be used to pass ...