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Daily Financial News

NC governor seeks options for deep budget cuts

[AP] - North Carolina Gov. Beverly Perdue said Friday she plans to develop a budget proposal for the next two years that doesn't extend a temporary 1-cent sales tax increase approved a year ago to help close a deep fiscal hole. Full Article


Pa. Senate GOP writes Marcellus Shale tax bill

[AP] - State Senate Republicans have begun drafting legislation for a sweeping overhaul of Pennsylvania's oil and gas law that includes proposals for a new tax on the extraction of natural gas from the Marcellus Shale formation and limitations on municipal zoning that affects drilling. Full Article


NH's Ayotte got $10K from Tex. biz said to deceive

[AP] - New Hampshire Republican U.S. Senate candidate Kelly Ayotte - a former attorney general - received more than $10,000 from executives of a Texas company charged with deceptive trade practices. Full Article


Obama planning new package of economic aid

[AP] - Eager to jumpstart the economy ahead of crucial midterm elections, President Barack Obama said Friday he intends to unveil a new package of proposals, likely including tax cuts and targeted spending, to spark job growth. Full Article


Blunt, Carnahan differ on stimulus, bank bailout

[AP] - Republican Rep. Roy Blunt campaigns for Senate in a blue RV plastered with the message: "The choice is clear. Roy will fight for jobs." Full Article