Government & PoliticsSmall Business Incentives Face a Hard Road in CongressPresident Obama’s incentives for small business to create jobs appear to be foundering at the other end of Pennsylvania Avenue. Those proposals — tax credits for hiring and investment and initiatives to spur lending to small firms — all face strong resistance, and not all of it comes from the Senate. Each chamber has embraced separate elements of the administration’s agenda, and, for the moment, none of those elements overlap.Government & PoliticsU.S. Salary-Increase Budgets Hit 25-Year LowChanges to salary structures... [Read Full Article]
Government, Politics and the Economy
Work Visa Bill: A Threat to Outsourcers?
There is a controversial "50/50" provision in the new Durbin-Grassley visa reform bill that could hurt Indian outsourcers but also save US jobs. BusinessWeek.com
Bernanke: Long-Term Budget Deficits Threaten Financial Stability
Fed Chairman Ben Bernanke warned that large US budget deficits are a threat to the nation's financial stability and that the government cannot continue to borrow at the current rate to finance the shortfall forever. Bloomberg.com
Management, Taxe... [Read Full Article]