The Federal Tax Credits Blog

Archive for January, 2010

Question: why is washington saying the recession is over?

http://news.yahoo.com/s/ap/20091029/ap_on_bi_go_ec_fi/us_economy

WASHINGTON – Fueled by government stimulus, the economy grew last quarter for the first time in more than a year. The question now is, can the recovery last?

Federal support for spending on cars and homes drove the economy up 3.5 percent from July through September. But the government aid — from tax credits for home buyers to rebates for auto purchases — is only temporary. Consumer spending, which normally drives recoveries, is likely to weaken without it.

If shoppers retrench in the face of rising joblessness and tight credit, the fragile recovery could tip back into recession.

I know this says it would be real easy to get back into recession, but I have not heard of any of the claims they are making about the recession being over. If at all, people are still losing their jobs and houses.

What do you think of this?

Answer: it is lying.

Electric cars power up

WASHINGTON #8212; Electric cars have long been more of an idea than a reality. They’ve been hailed as the future of driving, yet they’re hard to find on car dealership lots. This year, that will change.

Ironworks Loft in West Sacramento

Save money on energy by preparing your heating and cooling system for winter

(ARA) – Getting ready for winter often means changing to warmer clothes and taking stock of mittens and hats.

$1,500 Tax Credit

More Health Care Pages

As the President, the House Speaker, and the Senate-Majority Leader continue closed-door negotiations on a final health care reform bill, they should reacquaint themselves with the crippling impact the employer mandate penalties would impose on small businesses.

Harry Reid’s 2074 page Health Bill

Health Bills Could Expand IRS Role

WASHINGTON — Internal Revenue Service agents already try to catch tax cheats and moonshiners. Under the proposed health care legislation, they would get another assignment: checking to see whether Americans have health insurance.

The IRS rewards energy improvements to homes

So long 2009

Compiled by Observer staff Another year is gone in the City of Vision and in spite of hard times being felt across the nation, Rio Rancho still saw some major development and some major stories.

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