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Government Policy and Law

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‘Gang of Six’ proposes deficit-reduction plan

A bipartisan group of U.S. senators today revived an ambitious budget plan that could provide new ideas to help Congress reach a compromise on raising the nation’s credit limit, Reuters reported.

President Barack Obama threw …

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Trouble raising U.S. debt limit? Eliminate it, Moody’s says

Moody’s Investors Service, a debt rating agency, suggested today that the United States eliminate its statutory limit on government debt in order to reduce anxiety among bond holders, Reuters reported.

Congress sets a ceiling on …

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IRS notifies non-compliant tax preparers of PTIN rules

The Internal Revenue Service (IRS) said it is sending letters to approximately 100,000 tax return preparers who failed to follow the requirements of its new Preparer Tax Identification Number (PTIN) registration program while preparing returns …

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Former New York Gov. Pataki to speak at Partnership event

Former New York Gov. George Pataki will talk about the federal budget during a Greater Des Moines Partnership breakfast event on July 22. Pataki, honorary chairman of No American Debt – an organization that seeks …

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Outside sources put pressure on U.S. government to reach deal

President Barack Obama and top Republicans faced growing pressure at home and abroad today to stop deficit talks from getting out of control, Reuters reported.

Markets reacted skittishly after the fourth straight day of talks …

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Public meetings scheduled for service center plan

The city of Des Moines’ Community Development Department will hold a pair of public meetings next week to present the city’s plan for a municipal service center to be built in the area of Southeast …

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County administrator interviews to be held next week

The Polk County Board of Supervisors will interview four finalists for the position of county administrator next week.

A public reception to meet the candidates will be held from 5 to 7 p.m. on July …

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New plan could allow Obama to raise debt ceiling on his own

President Barack Obama and congressional lawmakers met at the White House for the third time in as many days yesterday, working to break a logjam over taxes and spending cuts before the Aug. 2 deadline …

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Iowa housing agencies receive $5 million

Sen. Tom Harkin today announced that 48 Iowa public housing agencies will receive a total of $5,049,415 from the Department of Housing and Urban Development (HUD) through the Capital Fund Program. The program provides for …

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$28.2 million in community development block grants awarded

The Iowa Department of Economic Development (IDED) has awarded $28.2 million in Community Development Block Grant (CDBG) funds to 86 communities across the state, the agency announced Monday. The federally funded grants will be used …