Congress has approved the continued funding of the Emergency Medical Services for Children program. The Emergency Medical Services (EMS) for Children program “is designed to ensure that all children… receive appropriate care in a health emergency” by “developing [hospitals across the country’s] own capabilities… to improve the quality of care…
Federal Reserve Chairman Jerome Powell Says Economy Remains Strong, Announces Interest Rate Cut
July 31, 2019
Federal Reserve Chairman Jerome Powell announced today there will be an interest rate cut as they “lower the target range for the federal funds rate” a quarter of a percentage to 2 to 2-1/4 percent. The Fed Chairman said “that the labor market remains strong and that economic activity has been…
California Governor Signs Bill Requiring Presidential Candidates to Release Tax Returns to Appear on Primary Election Ballot
July 30, 2019
Today, California Governor Gavin Newsom signed a bill “requiring candidates for U.S. President and California Governor to disclose their income tax returns in order to appear on California’s primary ballot.” With its passing, California now requires “the candidate’s income tax returns for the 5 most recent taxable years,” and the…
GDP Increased 2.1 Percent in Second Quarter, While Exports Decreased and Imports Increased.
July 30, 2019
The Bureau of Economic Analysis (BEA) released the second quarter Gross Domestic Product (GDP) numbers estimating the GDP increased 2.1 percent for the period. The 2.1 percent increase is higher than economist’s expectations for the number, but lower than the previous quarter’s 3.1 percent growth. “The increase in real GDP…