Essay upon Key Monetary Issues

Crucial Financial Issues Congress Looks After Post Mid-Term Political election

Chito Paulo

FIN/370

November 11, 2010

Louann M. Schloss

Important Financial Concerns Congress Encounters After Post Mid-Term Selection

This article I will which i analyze was published in SFGate. com on November 4, 2010. The article " Lame-duck Congress faces key financial issues” was authored by Kathleen Pender. This post discusses the agenda which the Congress will have to tackle during their next program on November 15, 2010. Members of the Congress need to reconvene after a general political election or mid-term election. This kind of session generally happens within an even-numbered years. When Congress reconvenes during this time period, some people have lost their particular bids intended for re-elections, tend to be still in a position to attend the post political election session. These members these are known as lame-ducks. When these lame-duck members go to the reconvening of Congress, this treatment has come to be called lame-duck session with the U. S. Congress. A few of the urgent problems that Congress must solve happen to be federal career benefits that may expire Nov 30, 2010 and the Bush-era tax slashes, which will be at the end of December. About June a couple of, 2010, Our elected representatives decided to extend the lack of employment benefits till November 40, 2010, with out a solution upon where to obtain the funds to pay for these lack of employment benefits because without figuring out the source of fund, repayment for these rewards will only boost the deficit. Within this session members of the Our elected representatives will fight once more if to extend these kinds of unemployment benefits or is going to let it run out. For now, no one knows if Congress will extend these kinds of benefits, although there are 3 situations that can provide an indication of what to you suppose will happen. The current Our elected representatives will have a majority of Democrats through the end of this lame-duck session so the benefits might get extended. The other indicator is based on one of the topics of the previous election, austerity, which means...

Referrals: Davis, G. В (2010). В Dividends Tax Rate Next Year? Capital Gains and Games. В Retrieved from

http://www.capitalgainsandgames.com

Pender, K. (2010, NovemberВ 4). Lame-duck Congress faces key financial concerns. SFGate. com.

Retrieved from http://www.sfgate/.com



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