Friday, June 1, 2012

Hiring/ Veterans Funding


Employment Situation Summary
“Nonfarm payroll employment changed little in May (+69,000), and the unemployment rate was essentially unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in health care, transportation and warehousing, and wholesale trade but declined in construction. Employment was little changed in most other major industries.”

“Title II: Department of Veterans Affairs - Authorizes appropriations for the Department of Veterans Affairs (VA) for: (1) the Veterans Benefits Administration, (2) readjustment benefits, (3) veterans insurance and indemnities, (4) the Veterans Housing Benefit Program Fund, (5) the Vocational Rehabilitation Loans Program, (6) the Native American Veteran Housing Loan Program, (7) the Veterans Health Administration (including for medical and prosthetic research and information technology systems), (8) the National Cemetery Administration, (9) the Office of the Inspector General, (10) construction for major and minor projects, and (11) grants for the construction of state extended care facilities and veterans cemeteries.”-from CRS summery

Thursday, May 31, 2012

Space X



“The SpaceX Dragon capsule was released from the International Space Station’s robotic arm by crew members of Expedition 31 at 5:49 a.m. EDT. The capsule now will begin a series of departure burns and maneuvers to move beyond the 656-foot (200-meter) “keep out sphere” around the station and begin its return trip to Earth.”

Wednesday, May 30, 2012

Small Employer Health Tax Credit


“Fewer small employers claimed the Small Employer Health Insurance Tax Credit in tax year 2010 than were estimated to be eligible. While 170,300 small employers claimed it, estimates of the eligible pool by government agencies and small business advocacy groups ranged from 1.4 million to 4 million. The cost of credits claimed was $468 million. Most claims were limited to partial rather than full percentage credits (35 percent for small businesses) because of the average wage or full-time equivalent (FTE) requirements. 28,100 employers claimed the full credit percentage. In addition, 30 percent of claims had the base premium limited by the state premium average.”