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Economy

Economic Daily Outlook

WEDNESDAY, MARCH 7, 2012   ECONOMICS: Young Adults See Their Pay Decline http://online.wsj.com/article/SB10001424052970204276304577265510046126438.html Young people entering the job market are taking the brunt of the downward pressure on wages caused by high unemployment, according to a new analysis of pay trends. In data compiled for a coming report, the Economic Policy Institute, a center-left think … Continue reading

Healthcare

IPAB is a Sinking Ship

You know legislation is bad when both Democrats and Republicans are trying to find a way to repeal it. On Tuesday the House Ways and Means Health Subcommittee convened for a hearing to examine how the Independent Payment Advisory Board (IPAB) would affect Medicare, beneficiaries, and physicians. The legislation of interest is Section 3403 and … Continue reading

Energy / Gov. Officials / Regulation

Rep. Susan Collins: The Great Compromiser

Senator Susan Collin’s Bill S.1392 essentially does a lot of things for the EPA. First, this bill does away with four distinct rulings: (1) the National Emission Standards for Hazardous Air Pollutants for Major Sources: Industrial, Commercial, and Institutional Boilers and Process Heaters; (2) the National Emission Standards for Hazardous Air Pollutants for Area Sources: … Continue reading

Economy / Uncategorized

Economic Daily Outlook

TUESDAY, MARCH 6, 2012   ECONOMICS: Obama holding full news conference; housing, politics, gas prices, foreign tests on tap http://www.washingtonpost.com/politics/obama-to-hold-news-conference-amid-international-challenges-improved-standing-at-home/2012/03/06/gIQAMTi7tR_story.html President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration’s latest efforts to address a persistent housing crisis. In his first full news conference … Continue reading