Saturday, January 29, 2011
Report: Distressed real estate sales continue to increase
Source: http://blog.foreclosure.com/2011/01/report-distressed-real-estate-sales-continue-to-increase/
Household Moving House Plans Home Warranties Commercial & Investment
Health Care Reform Check-Up
Today, the House Budget Committee is holding a hearing about the fiscal impacts of the Affordable Care Act (ACA), which the President signed into law last year and has already given Americans new freedoms and protections. It’s important to get the facts straight about what impact the Affordable Care Act has on our deficits and long-range fiscal situation.
Rising health care costs are the biggest driver of our long-term deficits, and getting them under control is crucial if we want to grow the economy, create jobs, compete in the world economy and win the future. The Affordable Care Act helps us achieve that goal.
As the Congressional Budget Office (CBO) made clear in a letter sent earlier this month to the Speaker of the House, repealing the Affordable Care Act would increase the budget deficit by hundreds of billions of dollars over the next decade. The CBO letter notes that “over the 2012–2021 period, the effect of H.R. 2 [the repeal of ACA] on federal deficits … is likely to be an increase in the vicinity of $230 billion.” And in the decade after that, we will save more than $1 trillion thanks to the new law.
Source: http://www.whitehouse.gov/blog/2011/01/26/health-care-reform-check
Chinese Real Estate Still Ratcheting Up
After a tough year for China stocks and even as Beijing cools its domestic property bubble, portfolio manager Patrick Brophy at Janus Capital is looking to expand his exposure to commercial Chinese real estate. Laura Mandaro reports. Source: http://online.wsj.com/video/chinese-real-estate-still-ratcheting-up/C6D8EE3F-...
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