Jobs report worsens deficit debate as June gains fade
A weak June jobs report shows unemployment at 9.2 percent with only 18,000 new jobs, deepening rift over stimulus vs austerity. Analysts warn Congress and the White House face tough choices as state and local cuts persist and infrastructure funding becomes a political battleground.
MENTIONED IN THIS ARTICLE
Tony Pugh McClatchy
Washington
Labor Department
Mark Zandi
Moody’s Analytics
Congress
White House
House of Representatives
Barack Obama
Senate
IRS finds 100000 preparers violate new registration rules
The IRS says 100000 paid preparers on 2011 returns failed to provide IRS registration numbers as required. The agency has notified those preparers and notes that 712000 preparers have registered to date. Rules exclude CPAs lawyers and enrolled agents already regulated.
MENTIONED IN THIS ARTICLE
IRS
Associated Press
Washington
Internal Revenue Service
AARP turmoil over Social Security stance debated
AARP faces questions on its position as reports claim leadership considered relaxing opposition to benefit cuts. The Journal cited internal debates while AARP denies any change, stressing commitment to keeping Social Security secure and off limits in current deficit talks. Members react with concern.
MENTIONED IN THIS ARTICLE
City Star
AARP
Jim Albrecht
Lenexa
Kan
Wall Street Journal
Social Security
The
Journal
John Rother
Washington, D.C
A. Barry Rand
David Certner
Rand
Goose Creek
S.C
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