06.05.2015

By Rick Manning It is numbers day again, the day where the Labor Department reports last month’s unemployment figures to much fanfare. This month, clues will be looked for to determine if the economy is heading into recession, after the Commerce Department released data last week that […]
06.02.2015

By Robert Romano The U.S. economy contracted at an inflation-adjusted 0.7 percent in the first quarter, the Bureau of Economic Analysis reports in its latest update . The bad news flies in the face of economic projections by the U.S. Federal Reserve, which had been predicting 2.6 to 3 percent growth for 2015 in December . That was downgraded […]
06.01.2015

By Robert Romano If 2016 does not work out the way every one hopes, Republicans will have nobody to blame but themselves. Votes in favor of trade authority for President Barack Obama and the Trans-Pacific Partnership will be albatrosses around the necks of Republican Senators and Congressmen […]
05.29.2015

By Nathan Mehrens In the current Congressional debate over whether the Export-Import Bank (Ex-Im Bank) should be reauthorized, one aspect of its activities has received little, if any, attention. Since 1970, the Ex-Im Bank has maintained a cozy relationship with the Private Export Funding Corporation […]
05.27.2015

By Robert Romano But for a promised vote on reauthorizing the Export-Import Bank, legislation granting trade promotion authority to President Barack Obama to negotiate the Trans-Pacific Partnership might have failed. Or is it the other way around? Ahead of Senate passage of trade authority on May 22, […]
05.20.2015

By Robert Romano Thinking about going on Medicaid? $497.9 million. That is how much the Medicaid program recovered from the estates of deceased patients in Fiscal Year 2011, according to a program inspector general report . Asset seizure has long been a part of the Medicaid program since 1965, and since 1993, it has […]
05.19.2015

By Robert Romano “I’ve said that the only way I would give fast track trade authority to a president, was if it was a president that could actually trust and negotiate well, and after watching the way this president has negotiated with folks in Iran, I have […]