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Minor headwind individual states reducing spending to control deficits

7 hours ago ago from Protect Your Wealth

The fiscal situation at the state level is no promising . However, it seems that the state legislatures are more concerned about the recklessness than federal lawmakers. Individual states cannot print money. They are also subject to 'normal' credit ratings. Funds for state and municipal bonds can dry up if credit risks increase to extraordinary levels. The bond vigilantes are no more. The federal government remains quite ...

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The Future Speaker

2 hours ago ago from Rabbi Denise L. Eger's blog

My good friend the Hon. John Perez (D-A46) emerged victorious from Democratic Caucus in the California State Assembly.   Knocking out Hon. Kevin De Leon (D-A45), Perez may become the first openly gay speaker of the Assembly of the State of California.  This is a major milestone. As a Latino elected official, John has never hid his sexual orientation. But it is only one part of his identity (as it is for all of us, gay or straight). Perez is a ...

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