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Washington Update Special Report |
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November 22, 2011 |
Report on the budget sequestration process triggered by the Joint Select Committee on Deficit Reduction's failure to agree on legislation that would reduce the deficit by the November 23rd deadline, prepared by Denis Dwyer and Michael Kans.
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Territorial Tax Reform Draft Summary |
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October 31, 2011 |
This is a summary of the Territorial Tax Reform Draft. This draft was released on October 26, 2011 by Ways and Means Committee Chriman Dave Camp (R-MI) and this summary was created by Christopher Hatcher.
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Summary of Budget Control Act of 2011 |
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August 02, 2011 |
On the evening of August 1, 2011, the House of Representatives passed S. 365, the Budget Control Act of 2011 by a vote of 269 to 161. 174 Republicans and 95 Democrats voted "aye" and 66 Republicans and 95 Democrats voted against the bill. The Senate is expected to pass the legislation on August 2nd and the President has stated that he will promptly sign the bill into law.
The design of this memorandum created by George Olsen is to describe the major features of the legislation as they relate to the extension of the debt limit and reduction of the federal budget deficit. S. 365 has four major titles.
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