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Public Finance

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    May 8, 2013 |Story| Los Angeles Times

  1. The wrong way for Washington to avoid defaulting

    It's rare that the president explicitly pledges to veto a bill -- usually, the White House says the president's advisors would "recommend" a veto -- but that's what <a href="http://www.whitehouse.gov/sites/default/files/omb/legislative/sap/113/saphr807r_20130507.pdf">happened</a> Tuesday. The measure in question is HR 807, the Full Faith and Credit Act, by California Rep. Tom McClintock (R-Rocklin), which the House is expected to take up this week.
    It's rare that the president explicitly pledges to veto a bill -- usually, the White House says the president's advisors would "recommend" a veto -- but that's what happened Tuesday. The measure in question is HR 807, the Full Faith and Credit Act, by...

    Tags: Viagra (drug), Economy, Business and Finance, Government Health Care, Budgets and Budgeting, George W. Bush

    2. May 7, 2013 |Story| Los Angeles Times

  2. First, fix the tax code

    The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and Means Committee <a href="http://lat.ms/18q649d">reportedly</a> want something new in return for raising the limit: an agreement to simplify the tax code and reduce rates. Lawmakers should know by now that it's self-destructive to play games with the debt ceiling, and that the brinkmanship that characterizes contemporary Washington politics needs to stop. On the other hand, reforming the tax code is a goal both parties can and should embrace.
    The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and...

    Tags: Politics, U.S. House Committee on Ways and Means, Barack Obama, Budgets and Budgeting, Republican Party

    3. May 7, 2013 |Story| Chicago Tribune

  3. Park Ridge mayor's vetoes overridden

    Before Park Ridge's new aldermen were sworn in and took their seats, the old city council ended on a familiar note: overriding Mayor David Schmidt's vetoes.
    Before Park Ridge's new aldermen were sworn in and took their seats, the old city council ended on a familiar note: overriding Mayor David Schmidt's vetoes. With identical 6-1 votes, aldermen of the previous council on Monday overrode Schmidt's vetoes...

    Tags: Politics, Finance, Economy, Business and Finance

    4. Apr 26, 2013 |Story| Los Angeles Times

  4. Economic growth rises to 2.5% pace but falls below expectations

    WASHINGTON — The nation's sluggish recovery can't seem to catch a break. Persistent federal spending cuts and a slowdown in business investments thwarted hopes for stronger economic growth in the first quarter, setting up more modest gains in jobs...

    Tags: Petroleum Industry, Quarterly or Semiannual Financial Statements, Consumers, Layoffs and Downsizing, Consumer Confidence

    5. Apr 23, 2013 |Story| Petoskey News

  5. Prep baseball: Northmen use pair of late rallies to sweep T.C. Central

    So far, so good for the Petoskey High School baseball team.
    So far, so good for the Petoskey High School baseball team. The Northmen earned a pair of come-from-behind one run wins Monday over Traverse City Central as they swept the Trojans, 10-9, 2-1, at Turcott Field. With the sweep, the Northmen improve to 4-0...

    Tags: Politics, Baseball, Sports, High School Baseball

    6. Apr 16, 2013 |Story| Chicago Tribune

  6. Park Ridge mayor vetoes contract, police station upgrades

    Just 24 hours after he was re-elected April 9, and less than a half-hour after Park Ridge aldermen unanimously approved the city's new $61.5 million budget, Mayor David Schmidt vowed to once again wield his veto pen. Five days later, Schmidt carried out...

    Tags: Finance, Politics, Economy, Business and Finance, Government Contracts, Labor Legislation

    7. Apr 20, 2013 |Story| Los Angeles Times

  7. IMF calls on U.S. to develop credible budget plan

    WASHINGTON -- Global finance leaders agreed that nations must take stronger action to spur still-lagging and uneven economic growth and job creation. And they had a pointed message for the U.S.: For the sake of the rest of the world, address your longer-range budget debt situation.&nbsp;
    WASHINGTON -- Global finance leaders agreed that nations must take stronger action to spur still-lagging and uneven economic growth and job creation. And they had a pointed message for the U.S.: For the sake of the rest of the world, address your longer-...

    Tags: Economy, Money and Monetary Policy, Economy, Business and Finance, G20, Japan

    8. Apr 23, 2013 |Column| Los Angeles Times

  8. Chained thinking on the federal deficit

    Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month.
    Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month. That's the amount by which benefits for the average...

    Tags: Congressional Budget Office, Prices, Consumer Confidence, Bananas, Customs and Tradition

    9. Apr 17, 2013 |Story| Winchester Sun

  9. Clark County Fiscal Court facing budget deficit

    While the fiscal year 2006 budget was the toughest he has faced during his administration, the proposed 2013-14 budget, which currently has a more than $800,000 deficit, has all of the indications of being second-worst, Clark County Judge-Executive Henry Branham said Tuesday.
    The Winchester Sun
    While the fiscal year 2006 budget was the toughest he has faced during his administration, the proposed 2013-14 budget, which currently has a more than $800,000 deficit, has all of the indications of being second-worst, Clark County Judge-Executive...

    Tags: Politics, Crime, Law and Justice, Justice System, Budgets and Budgeting, Judges

    10. Apr 16, 2013 |Story| Los Angeles Times

  10. How an Excel error fueled panic over the federal debt

    One of the most fearsome statistics in the war against the federal deficit has always been the country's ratio of debt to gross domestic product. When this ratio reaches 90%, the argument goes, watch out -- lower economic growth is on the horizon. And that's scary, because that's where the U.S. has been heading.
    One of the most fearsome statistics in the war against the federal deficit has always been the country's ratio of debt to gross domestic product. When this ratio reaches 90%, the argument goes, watch out -- lower economic growth is on the horizon. And...

    Tags: Gross Domestic Product, Politics, Productivity, Economic Indicator, Paul Ryan

    11. Apr 16, 2013 |Story| Los Angeles Times

  11. Compton voters weigh crowded ballot in mayor's race

    Compton residents went to the polls Tuesday to cast their votes for the city's next mayor, choosing from a crowded ballot filled with familiar and unknown names.
    Compton residents went to the polls Tuesday to cast their votes for the city's next mayor, choosing from a crowded ballot filled with familiar and unknown names. A dozen candidates appeared on the ballot, including current Mayor Eric Perrodin; former...

    Tags: Politics, Polls, Voting, Local Elections, Elections

    12. Apr 8, 2013 |Story| Allentown Morning Call

  12. Get Your Best Body by Summer

    No matter your age or fitness level, with consistent effort and a dynamite fat-burning plan, you really can achieve your very best body!
    No matter your age or fitness level, with consistent effort and a dynamite fat-burning plan, you really can achieve your very best body! Diets come and go, but the plain and simple tried and tested truth remains effective--YOU MUST BURN MORE CALORIES...

    Tags: Physical Fitness and Exercise, Politics

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