Does The Small Business Majority Represent You? Don't Bet on It!

  Government, Politics and the Economy Does The Small Business Majority Represent You? Don't Bet on It! They conduct polls and claim to represent all small business by not representing any particular small business. Who are they and what are they all about? We have some answers. NYTimes.com Obama's Health, Energy Legislation Facing Democrats' Questionable Support The fates of President Obama's top two priorities: extending health coverage to the uninsured and reducing greenhouse gases, rest in the hands of a group of pivotal Democratic senators, and so far they don't seem convinced. Bloomberg.com Management and... [Read Full Article]


Budget for Tax Enforcement to Double in 2010

  Government and Economy Obama Doubles Tax Law Enforcement Budget President Obama has proposed a near doubling of the funds to enforce U.S. tax laws next year, with an aim of more than quadrupling funding for tax compliance to $2.1 billion within five years. Reuters.com Stress Test: Banks Need More Money, Taxpayers May Not Have to Pay True, the stress tests show that the banks need more funds, but that does not necessarily mean they will get that money from the government as the Obama administration is suggesting that the rescue money that Congress has already approved will be enough to fill the gaps. NYTimes.com [Read Full Article]


House Stimulus Bill Hits $825 Billion as Unemployment Hits New Levels As Well

Government and Economy House Democrats Raise the Bailout Ante to $825 billionIn a bid to revive the economy, House Democrats have called for $825 billion in federal spending and tax cuts with strong emphasis on energy, education, health care and highway construction. Unemployment Rises More Than ExpectedThe Labor Department has reported that first-time requests for unemployment insurance jumped to a seasonally adjusted 524,000 in the week ending January 10, higher than the 500,000 new claims they had expected. Congressional Proposal: Cash for ClunkersCongress is mulling over a new proposal to pay people to get rid of all those old gas guzzling cars they... [Read Full Article]