C-FIRE Deputy Director R.J. Lehmann offers updates on key insurance issues on Capitol Hill, including flood insurance, the Super Committee package and efforts to roll back federal oversight of insurance under the Dodd-Frank Act.
Risking the ire of his base, New York City Mayor Michael Bloomberg told a D.C. audience that deficit reduction plans should include treating hedge fund partners’ carried interest as ordinary income.
While Big Ag looks to hijack the Super Committee process, a new report proposes $80 billion could be saved by scrapping the crop program’s “revenue insurance” model.
Steve Stanek discusses the adjustment to the debt ceiling, the proposed spending super committee and the effects of the new ceiling on credit ratings and interest rates.
