Category Archives: National - Newsroot

This category contains national news.

Puerto Rico will host a referendum on statehood in November

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Voters will first be asked whether they want the current territory status to continue. Regardless of how voters answer that question, they will then be asked to express their preference among the three alternatives to the current status: statehood, independence and nationhood in free association with the US.

If a majority of Puerto Rico voters in November cast their ballots in opposition to the current status, and in support of one of the alternatives, Puerto Rico’s local officials can be expected to petition the federal government to act upon that choice.

By jdpink | 10:16:57 AM EST | 14 April 2012 | Share

Capital gains tax increases income and representational inequality

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While investors, some renowned economists and the wealthy defend low capital gains rates for job creation and economic growth, some political analysts suggest that much of the lobbying and financial contributions to political parties encouraging low rates are not representative of voters at large in the nation. [Washington Post]

By Editor | 10:05:12 AM EST | 12 September 2011 | Share

P&G new growth strategy reveals diminishing middle class

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The recession has driven more of a wedge between high and low-end consumers as middle class workers, earning between $50,000 to $140,000 a year, lag behind and enter into the low-income bracket. [Wall Street Journal]

By Editor | 9:47:51 AM EST | 12 September 2011 | Share

Nation commemorates tenth anniversary of September 11 attacks

View this update | View all updates | Ten years after September 11 attacks

Thousands gathered together at ground zero in New York City, the Pentagon and a field in Pennsylvania in remembrance of those who died by terrorist attacks ten years ago. President Obama, former President George W. Bush, Mayor Michael Bloomberg and other dignitaries were present at commemorations. [New York Times]

By Editor | 9:39:10 AM EST | 12 September 2011 | Share

Intelligence reports potential terror threat to U.S. on anniversary of Sept. 11 attacks

View this update | View all updates | [NEW] Ten years after September 11 attacks

U.S. intelligence reported they found unconfirmed information that Al Qaeda militants in Pakistan had plans to attack Washington D.C. and New York City in coordinated car bombings on the tenth anniversary of 9/11. Counterterrorism officials briefed the President on the matter and have stated that the information received was “specific and credible” but not confirmed. [Wall Street Journal]

By Editor | 9:26:16 PM EST | 8 September 2011 | Share

Obama pitches aggressive $447 billion package in jobs speech

View this update | View all , updates | [NEW] American Jobs Act

The American Jobs Act includes tax cuts, state aid, jobs programs and construction projects with over half the package spent on extending a payroll tax cut to workers and companies. [Politico]

By Editor | 8:58:06 PM EST | 8 September 2011 | Share

Bipartisan debt super committee hold first meeting

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The 12-member panel will meet today in its first meeting to begin talks on cutting the deficit by at least $1.5 trillion over the next decade before the panel’s Thanksgiving deadline. Members of Congress are pushing for higher numbers. [Washington Post]

By Editor | 8:57:07 AM EST | 8 September 2011 | Share

Operation Twist: Fed considers alternative to quantitative easing, looks to long-term securities

View this update | View all , updates | Great recession

As Fed officials gear for meetings on Sept. 20 and 21, alternative policies are being considered for economic recovery. “Operation Twist,” which has been gathering buzz both in and outside the Fed, aims to modify the country’s portfolio so that it includes more long-term securities with lower rates. [Wall Street Journal]

By Editor | 5:12:44 AM EST | 8 September 2011 | Share

Retirement age increases as more senior Americans find themselves in debt

View this update | View all , updates | [NEW] Retirement

Older Americans are facing debt during typical retirement years due to the housing crash and financial crisis of the late 2000′s. Lack of savings and higher standards of living are factors as well. [Wall Street Journal]

By Editor | 5:55:50 AM EST | 7 September 2011 | Share

Panetta supports plan to delay troops in Iraq past deadline for security training

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The defense secretary is supporting a plan that would keep back 3,000 to 4,000 soldiers in Iraq past Obama’s year-end deadline of December 31. CIA officials and security contractors would still be present in the country. The State department says it continues to pledge withdrawal but would consider requests by the Iraqi government for U.S. military aid. [New York Times]

By Editor | 5:40:49 AM EST | 7 September 2011 | Share

Rick Perry stops campaign, returns to Texas to tend to largest wildfire in state history

View this update | View all , updates | [NEW] Texas wildfires 2011

The drought-related wildfires have most recently swept through Austin, burning down more than 1,000 homes and prompting Gov. Perry to return from his presidential campaign to survey the damage. According to authorities, two people were killed on Sunday due to the fires. [Reuters]

By Editor | 11:26:46 AM EST | 6 September 2011 | Share

Pentagon: U.S. coalition forces find more IEDs before detonation

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Although new Pentagon figures revealed that the number of bombs implanted by Afghan insurgents have risen by 17 percent between May through July, military analysts are stating that these numbers are somewhat neutralized by coalition forces finding IEDs before they are set off. [USA Today]

By Editor | 9:21:34 AM EST | 6 September 2011 | Share

August jobs report: No net gains, unemployment still 9.1%

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[Wall Street Journal Live Blog]

By Editor | 8:39:25 AM EST | 2 September 2011 | Share

New study: 9/11 Firefighters more at risk for cancer

View this update | View all , updates | [NEW] Aftermath of 9/11

The study was published in the September issue of Lancet and led by Dr. David Prezant. The research is not definitive but raises concerns over government compensation for those affected. [Wall Street Journal]

By Editor | 6:59:34 AM EST | 2 September 2011 | Share

New White House projections reveal lowered U.S. deficit

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The report released Thursday states that the U.S. deficit will be cut by $300 billion through the next year and $1.5 trillion over the next decade. White House Budget director Jacob Lew stated that the country needs to invest in jobs growth to prevent an economic slowdown. [Washington Post]

By Editor | 6:30:19 AM EST | 2 September 2011 | Share