Politicians, analysts react to AAA rating

U.S. Treasury Secretary Timothy Geithner said today that there is “no risk” the United States will lose its AAA credit rating, saying political prospects for long-term deficit reduction are improving, Reuters reported.

Geithner made the …

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SF 209 sent to governor’s desk

Iowa House Republicans voted yesterday to send Senate File 209 to Gov. Terry Branstad. The bill includes the Tax Relief Fund and additional tax relief in the form of bonus depreciation.

House Republicans say that …

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‘Hot’ money could douse emerging economies

The International Monetary Fund (IMF) criticized developing countries today for not responding strongly enough to the surge of hot money into their markets, saying the result could be a hard economic landing, Reuters reported.

The …

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