Economy - Most Recent

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Estate tax compromise

Jun 22, 2006
Congressional Republicans are hoping to pass legislation before the July 4th recess to sharply reduce the federal estate tax. Eric Niiler looks at the implications for government coffers.
Posted In: Washington

Congressional hearings on data brokers

Jun 21, 2006
Lawmakers promised to quash private data brokers who covertly gatherAmericans' telephone records without subpoenas or warrants. John Dimsdale reports it's an issue most politicians agree upon.
Posted In: Washington

The railroad that could

Jun 21, 2006
A railroad company in the Midwest is hoping to launch the single largest rail project in the US since the Civil War. Curt Nickish reports.
Posted In: Washington

Lobbying reform stalled

Jun 20, 2006
Former White House aide David Safavian was found guilty today of covering up his relationship with disgraced lobbyist Jack Abramoff. But even as the justice system cracks down on lobbyist influence, Congress still can't police itself. Eric Niiler reports.
Posted In: Washington

Parsons loses another military contract

Jun 20, 2006
The Army Corps of Engineers has canceled another deal with military contractor Parsons. The company's now lost $400 billion worth of rebuilding deals in Iraq in a matter of weeks. Lisa Napoli has the details.
Posted In: Washington

Raise the minimum wage

Jun 20, 2006
Tomorrow the Senate will consider a bill that would raise the minimum wage by more than $2 an hour. Commentator Beth Shulman says it's the right thing to do.
Posted In: Washington

Stop Over-Spending

Jun 20, 2006
A Senate panel takes up proposed legislation today aimed at curbing deficit spending. A measure that would give presidents a line-item veto may have support on both sides of the aisle.John Dimsdale reports.
Posted In: Washington

Investigating data brokers

Jun 20, 2006
Turns out law enforcement agencies are turning to data brokers in the private sector if they need phone records fast. But these data companies could be using tactics that break the law and Congress is looking into it. Janet Babin reports.
Posted In: Washington

Putting a stop to government overspending?

Jun 19, 2006
The Senate Budget Committee tomorrow looks at an overhaul package that would force big spenders in Congress to stay below a steadily declining limit. If they don't? Mandatory across-the-board spending cuts. John Dimsdale reports.
Posted In: Washington

Feds, N.J. battling over NSA phone records search

Jun 16, 2006
The New Jersey state attorney general has been sued by the federal government for asking telephone companies to admit if they gave customer records to the National Security Agency. Bob Moon reports.
Posted In: Washington

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