Fiscal Policy

Fiscal/Financial Issues as the Dust Settles (Sep. 29)

Mike & Co. As the dust settles slowly on the Hill following the shock the Boehner resignation/retirement, it’s easier to see where we stand on the fiscal and financial issues immediately affected by it.  Trump and his tax plan make a cameo (he’s great). Best, Dana ———— For the third straight year, the federal government …

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Boehner's Resignation — Impact on Fiscal/Financial Legislation (Sep. 25)

Mike & Co. — Below, an initial look at what Speaker Boehner’s resignation means for the budget process, issues like Ex-Im reauthorization, trade, and GSE reform as well as for the House Financial Services Committee.   We can look at the debt limit, the Highway bill, and other issues as you wish. Good weekends all, …

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Return from Recess (Sep. 8)

Mike and Co. — I hope you are well and had a change to get away during August.  With Congress back in session, I’m resuming the daily write-ups of legislative developments in fiscal and financial policy. Following the write-up is a list of issues I plan to cover in the coming days.  As always, thoughts …

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Puerto Rico (Jul. 23)

Yesterday in midtown, 350 creditors, mainly hedge funds and money managers, gathered to hear from Puerto Rico Governor Alejandro García Padilla, who had announced two weeks ago that the Commonwealth is no longer be able to service its $72 billion debt.  But Padilla promised them only that the government would soon offer formal recommendations for restructuring the debt outside …

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