Government Policy and Law

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Unemployment up as Fed plans more stimulus money

The nation’s jobless rate rose to 9.8 percent in November, the highest since April, Bloomberg reported.

The 0.2 point increase, from 9.6 percent in October, underscores a decision last month by the Federal Reserve to …

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IRS issues health-care tax credit forms, guidance

The Internal Revenue Service has released final guidance for employers to claim the new small business health-care tax credit for the 2010 tax year. The new Form 8941, Credit for Small Employer Health Insurance Premiums …

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Iowa Chamber Alliance announces priorities

The Iowa Chamber Alliance announced four statewide, and six federal policy initiatives yesterday.

The alliance, a coalition of 16 chambers of commerce and economic development organizations throughout the state, believes the initiatives will encourage business …

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More than 1 million could lose unemployment benefits

Thousands of Americans are set to begin losing unemployment benefits after Congress failed to agree on extending aid to the long-term unemployed, Bloomberg reported.

In a replay of a dispute earlier this year, lawmakers are …

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FHA defends ‘dual-track’ mortgage system

The regulator for Fannie Mae and Freddie Mac on Tuesday said lenders should continue pursuing foreclosures on individual borrowers even while trying to rework loan terms, despite calls from lawmakers and state investigators to end …

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Obama proposes pay freeze for federal workers

President Barack Obama proposed a two-year freeze on the pay of federal workers on Monday.

The White House estimates that the pay freeze would save about $2 billion in the current fiscal year, and $28 …

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Durham named to head economic development position

Gov.-elect Terry Branstad named Debi Durham as head of economic development during a news conference today.

Durham currently heads the Siouxland Chamber of Commerce and in Sioux City, and was a Republican nominee for lieutenant …

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Farrell’s no longer exercised by fitness competitor

Farrell’s eXtreme Bodyshaping Inc. has dropped a federal trademark infringement lawsuit against the owners of the Kosama fitness centers.

The lawsuit alleged that Kosama directed viewers to its websites by using Internet search keywords associated …

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Partnership to release its legislative agenda

The Greater Des Moines Partnership will unveil its 2011 state legislative agenda at a luncheon from 11:30 a.m. to 1 p.m. Dec. 8 at the Renaissance Savery Hotel. Democratic and Republican legislative leaders will provide …

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New meters slash city’s replacement costs


A new type of parking meter could save Des Moines money by replacing old meters.

The city began installation of more than 30 “double space” parking meters in the last two weeks on High Street, …

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