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Tag Archives: fiscal cliff

The fiscal debacle: Government working as was truly intended?

Is the fiscal cliff scenario a failure of our system of government or government functioning as intended? One need not venture far these days to hear a fairly common assessment of the current state of affairs pertaining to government in the nation’s capital. Usually, references are made to a totally broken governing mechanism. Furthermore, the befuddled average citizen often lays ...

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Read January 11 issue of MBJ

>> BIG IDEAS Innovate Mississippi to encounter “real-world” market tests at Startup Weekend— by Ted Carter Also in this week’s paper: >> ENERGY No land deal stalls Winston County refinery plans— by Clay Chandler >> REAL ESTATE New name, new developer push Starkville development forward— by Clay Chandler >> APPROPRIATIONS Ethics commission chief expects agency to escape budget ax— by ...

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Congressional delegation splits over fiscal cliff

WASHINGTON — All three Republicans in Mississippi’s House delegation voted against legislation to avoid the fiscal cliff, while the state’s only Democrat representative voted for it. Republican U.S. Reps. Gregg Harper, Alan Nunnelee and Steven Palazzo cast no votes, while Democrat Bennie Thompson voted for the legislation that passed 257-167. Nunnelee said in a statement after the vote that out-of-control ...

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House to vote on last minute "fiscal cliff" bill

The Associated Press is reporting that the U.S. House of Representatives will soon cast a vote on the so-called “fiscal cliff” bill, hours after a midnight deal was hammered out by Senate Republican leader Mitch McConnell and Vice-President Joe Biden. The bill will raise taxes on higher incomes but avoid a similar tax on middle income Americans. Andrew Taylor has ...

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Read December 21 issue of MBJ

>> BUSINESS PERSON OF THE YEAR Fashion designer Libby Story McRight finds niche creating old business  by Ted Carter Also in this week’s paper: >> DINING Mother Cluckers serving up comfort food in Pass Christian by Lisa Monti >> KEMPER UPDATE Can union labor save coal plant?— by Clay Chandler >> RANKING Forbes gives poor grades to Mississippi— by Ted ...

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Mass shootings top story of 2012 in AP poll

The Dec. 14 mass shooting in Newtown, Conn. has been voted the top news story of 2012 by the Associated Press. The news organization had reportedly already selected their annual top stories the day before the shooting, which killed 26 students and staff at Sandy Hook Elementary School. In a rare move, another vote was cast and the massacre edged ...

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(VIDEO) Occupy Revisited

If you work in downtown Jackson and were wondering where the bullhorn was coming from during the Thursday lunch hour then please read on. Occupy Jackson, an informal affiliate of last year’s national Occupy Wall Street movement is back. The one-day demonstration amounted to five American citizens huddled outside Smith Park on the corner of Amite and N. Congress Streets. ...

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Some fiscal cliff scenarios

Will 2013 be as severe as some economists think? Many think a lot will depend on what happens with our country’s so called “fiscal cliff” scenario as the deadline looms closer and closer. Question is; how will Congress respond? In the worst-case scenario, Congress argues and deadlocks. Mandated tax hikes and roughly $109 billion in federal spending cuts takes place ...

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