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This week, Federal Reserve Chairman Ben Bernanke delivered his semiannual monetary update to the Senate Committee on Banking, Housing, and Urban Affairs and the House Committee on Financial Services. The prospect of higher commodity prices has the potential of squeezing business owners’ profitability at a most inopportune time – when otherwise the economy itself is starting to get some traction.
Americans are more dependent on the federal government than ever before. According to USA Today, 18.3 percent of the nation’s total personal income was a payment from the government for Social Security, Medicare, food stamps, unemployment benefits and other programs in 2010. Much of this increase has come since 2008, mainly due to the expansion of healthcare and federal programs generally. Americans got an average of $7,427 in benefits last year, up from $4,763 in 2000. USA Today even breaks the data out by state, with New York leading the list.
There are no hearings scheduled for this week as the House and Senate are in recess for their Summer Work Periods. Both are scheduled to reconvene on September 13, 2010.
Wednesday, July 29, 2009 House Science and Technology Committee - Full Committee MarkupThe Committee will meet to consider the following measures or for other purposes:H.R. 3246, Advanced Vehicle Technology Act of 2009H.R. 3165, Wind Energy Research and Development Act of 2009H.R. 3029, To establish a...
Tuesday, September 22, 2009Senate Committee on Finance - Open Executive Session"Business meeting to consider an original bill providing for health care reform."9:00 a.m.Hart Senate Office Building, Room 216 [more info] Tuesday, September 22, 2009Senate Committee on Small Business and Entrepreneurship - Roundtable"Small Business...
Tuesday, June 22, 2010 Where Will the Jobs Come From?2226 Rayburn House Office Building12:00 noon While the American employment situation has begun to improve in recent weeks, the unemployment rate still hovers near 10 percent and millions of people remain unemployed, with long-term unemployment at an all-time...
As Congress prepares for the long holiday weekend (and with all eyes onthe looming health care debate), no relevant hearings or meetings havebeen scheduled. The Senate next meets on November 30 & the House ofRepresentatives next meets December 1.
As Congress prepares for the holiday, no relevant hearings or meetings have been scheduled.
A couple of hearings are scheduled down the road to examine aviation security, but there still isn't much happening on the entrepreneurship front on Capitol Hill -- no relevant hearings or meetings are currently scheduled.
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