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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Aug 02, 2012
Page
13
The Federal Reserve said the economy has slowed in the first half and job creation remains weak. It will hold short term rates near zero through late 2014 and monitor data for possible additional accommodation if hiring stalls.
Pittsburgh area residents fear air and water impacts from gas drilling amid limited evidence of harm. Congress rejected 4.25 million for studies, Pennsylvania cut 2 million from health tracking funds, while researchers seek independent reviews and industry funding.
The Senate debates Democratic and Republican proposals to extend expiring tax cuts through 2013. Republicans seek to preserve existing rates and exemptions with limited changes, while Democrats tighten income thresholds and expand credits and AMT protections before expiration.
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