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	<title>US Senate News &#187; Economy</title>
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	<description>We Report The Latest United States Senate News</description>
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		<title>Nigeria Senate wants $75/bbl oil benchmark in budget</title>
		<link>http://www.ussenatenews.com/main-content/nigeria-senate-wants-75bbl-oil-benchmark-in-budget/</link>
		<comments>http://www.ussenatenews.com/main-content/nigeria-senate-wants-75bbl-oil-benchmark-in-budget/#comments</comments>
		<pubDate>Fri, 20 Jan 2012 12:53:29 +0000</pubDate>
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		<category><![CDATA[Abuja Nigeria]]></category>
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		<guid isPermaLink="false">http://news.yahoo.com/nigeria-senate-wants-75-bbl-oil-benchmark-budget-125329336.html</guid>
		<description><![CDATA[ABUJA (Reuters) - Nigeria#39;s Senate has said it wants to adopt a $75 per barrel oil price benchmark in the 2012 budget, up from the $70 proposed by the finance ministry, which would give the government more money to spend and leave less for savings. Nigeria saves money into an Excess Crude Account (ECA) over the benchmark price in its budget to cushion Africa#39;s second largest economy against ...]]></description>
			<content:encoded><![CDATA[ABUJA (Reuters) - Nigeria#39;s Senate has said it wants to adopt a $75 per barrel oil price benchmark in the 2012 budget, up from the $70 proposed by the finance ministry, which would give the government more money to spend and leave less for savings. Nigeria saves money into an Excess Crude Account (ECA) over the benchmark price in its budget to cushion Africa#39;s second largest economy against ...]]></content:encoded>
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		<title>Senate OKs payroll tax cut, huge spending bill</title>
		<link>http://www.ussenatenews.com/main-content/senate-oks-payroll-tax-cut-huge-spending-bill-3/</link>
		<comments>http://www.ussenatenews.com/main-content/senate-oks-payroll-tax-cut-huge-spending-bill-3/#comments</comments>
		<pubDate>Thu, 22 Dec 2011 05:32:21 +0000</pubDate>
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		<category><![CDATA[Jobless Benefits]]></category>
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		<category><![CDATA[Tax Breaks]]></category>
		<category><![CDATA[Tax Cut]]></category>
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		<guid isPermaLink="false">http://www.detroitnews.com/article/20111218/POLITICS03/112180318/1022/rss10</guid>
		<description><![CDATA[With the still-reeling economy serving as a backdrop, the Senate's 89-10 vote belied a tortuous battle between Democrats and Republicans that produced the compromise two-month extension of the expiring tax breaks and jobless benefits and forestalled cuts in doctors' Medicare reimbursements.]]></description>
			<content:encoded><![CDATA[With the still-reeling economy serving as a backdrop, the Senate's 89-10 vote belied a tortuous battle between Democrats and Republicans that produced the compromise two-month extension of the expiring tax breaks and jobless benefits and forestalled cuts in doctors' Medicare reimbursements.]]></content:encoded>
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		<title>Senate Dems press for extended payroll-tax cut</title>
		<link>http://www.ussenatenews.com/main-content/senate-dems-press-for-extended-payroll-tax-cut/</link>
		<comments>http://www.ussenatenews.com/main-content/senate-dems-press-for-extended-payroll-tax-cut/#comments</comments>
		<pubDate>Tue, 29 Nov 2011 08:11:57 +0000</pubDate>
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		<category><![CDATA[Barack Obama]]></category>
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		<category><![CDATA[Payroll Tax]]></category>
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		<category><![CDATA[Social Security]]></category>
		<category><![CDATA[Social Security Payroll]]></category>
		<category><![CDATA[Tax Cut]]></category>
		<category><![CDATA[Tax Surcharge]]></category>

		<guid isPermaLink="false">http://www.denverpost.com/nationworld/ci_19429076?source=rss</guid>
		<description><![CDATA[Senate Democrats are pressing ahead on President Barack Obama's plan to cut in half every worker's payroll taxes next year — paid for by a 3.25 percent tax surcharge on the very wealthy. The $248 billion plan would trim Social Security payroll taxes from 6.2 percent to 3.1 percent in hopes of propping up the still-weak economy. It also would cut in half the 6.2 percent tax paid by employers on ...]]></description>
			<content:encoded><![CDATA[Senate Democrats are pressing ahead on President Barack Obama's plan to cut in half every worker's payroll taxes next year — paid for by a 3.25 percent tax surcharge on the very wealthy. The $248 billion plan would trim Social Security payroll taxes from 6.2 percent to 3.1 percent in hopes of propping up the still-weak economy. It also would cut in half the 6.2 percent tax paid by employers on ...]]></content:encoded>
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		<title>Senate Democrats push Obama plan to cut payroll tax, financed by tax on income over $1M</title>
		<link>http://www.ussenatenews.com/main-content/senate-democrats-push-obama-plan-to-cut-payroll-tax-financed-by-tax-on-income-over-1m/</link>
		<comments>http://www.ussenatenews.com/main-content/senate-democrats-push-obama-plan-to-cut-payroll-tax-financed-by-tax-on-income-over-1m/#comments</comments>
		<pubDate>Mon, 28 Nov 2011 19:42:12 +0000</pubDate>
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		<guid isPermaLink="false">http://www.washingtonpost.com/business/economy/senate-democrats-to-back-obama-plan-to-cut-payroll-tax-financed-by-tax-on-income-over-1m/2011/11/28/gIQABbU34N_story.html?wprss=rss_national</guid>
		<description><![CDATA[WASHINGTON — Senate Democrats are pressing ahead on President Barack Obama’s plan to cut in half every worker’s payroll taxes next year — paid for by a 3.25 percent tax surcharge on the very wealthy. The $248 billion plan would trim Social Security payroll taxes from 6.2 percent to 3.1 percent in hopes of propping up the still-weak economy. It also would cut in half the 6.2 percent tax paid by ...]]></description>
			<content:encoded><![CDATA[WASHINGTON — Senate Democrats are pressing ahead on President Barack Obama’s plan to cut in half every worker’s payroll taxes next year — paid for by a 3.25 percent tax surcharge on the very wealthy. The $248 billion plan would trim Social Security payroll taxes from 6.2 percent to 3.1 percent in hopes of propping up the still-weak economy. It also would cut in half the 6.2 percent tax paid by ...]]></content:encoded>
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		<title>Senate approves two modest job-creation bills</title>
		<link>http://www.ussenatenews.com/main-content/senate-approves-two-modest-job-creation-bills/</link>
		<comments>http://www.ussenatenews.com/main-content/senate-approves-two-modest-job-creation-bills/#comments</comments>
		<pubDate>Thu, 10 Nov 2011 22:36:31 +0000</pubDate>
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		<category><![CDATA[Cooperation]]></category>
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		<guid isPermaLink="false">http://news.yahoo.com/senate-approves-two-modest-job-creation-bills-201032966.html</guid>
		<description><![CDATA[WASHINGTON (Reuters) - The Senate overwhelmingly passed two modest job-creation bills Thursday in a rare display of cooperation between Democrats and Republicans to boost the struggling economy.]]></description>
			<content:encoded><![CDATA[WASHINGTON (Reuters) - The Senate overwhelmingly passed two modest job-creation bills Thursday in a rare display of cooperation between Democrats and Republicans to boost the struggling economy.]]></content:encoded>
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		<title>Senate blocks competing infrastructure plans as quarrel continues over Obama jobs plan</title>
		<link>http://www.ussenatenews.com/main-content/senate-blocks-competing-infrastructure-plans-as-quarrel-continues-over-obama-jobs-plan/</link>
		<comments>http://www.ussenatenews.com/main-content/senate-blocks-competing-infrastructure-plans-as-quarrel-continues-over-obama-jobs-plan/#comments</comments>
		<pubDate>Thu, 03 Nov 2011 22:45:32 +0000</pubDate>
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		<guid isPermaLink="false">http://www.washingtonpost.com/business/senate-to-block-competing-infrastructure-plans-as-quarrel-continues-over-obama-jobs-plan/2011/11/03/gIQApKnihM_story.html?wprss=rss_national</guid>
		<description><![CDATA[WASHINGTON — Republicans in the Senate Thursday dealt President Barack Obama the third in a string of defeats on his stimulus-style jobs agenda, blocking a $60 billion measure for building and repairing infrastructure like roads and rail lines. Supporters of the failed measure said it would have created tens of thousands of construction jobs and lifted the still-struggling economy. But ...]]></description>
			<content:encoded><![CDATA[WASHINGTON — Republicans in the Senate Thursday dealt President Barack Obama the third in a string of defeats on his stimulus-style jobs agenda, blocking a $60 billion measure for building and repairing infrastructure like roads and rail lines. Supporters of the failed measure said it would have created tens of thousands of construction jobs and lifted the still-struggling economy. But ...]]></content:encoded>
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		<title>GOP decries Democrat Senate for inaction</title>
		<link>http://www.ussenatenews.com/main-content/gop-decries-democrat-senate-for-inaction/</link>
		<comments>http://www.ussenatenews.com/main-content/gop-decries-democrat-senate-for-inaction/#comments</comments>
		<pubDate>Sat, 29 Oct 2011 13:24:39 +0000</pubDate>
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		<guid isPermaLink="false">http://www.upi.com/Top_News/US/2011/10/29/GOP-decries-Democrat-Senate-for-inaction/UPI-72981319892593/</guid>
		<description><![CDATA[WASHINGTON, Oct. 29 (UPI) -- The Democratic-controlled U.S. Senate is stonewalling 15 bills that would help the economy, a Republican congressman said in the party's weekly media address.]]></description>
			<content:encoded><![CDATA[WASHINGTON, Oct. 29 (UPI) -- The Democratic-controlled U.S. Senate is stonewalling 15 bills that would help the economy, a Republican congressman said in the party's weekly media address.]]></content:encoded>
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		<title>Senate Republicans offer jobs package</title>
		<link>http://www.ussenatenews.com/main-content/senate-republicans-offer-jobs-package/</link>
		<comments>http://www.ussenatenews.com/main-content/senate-republicans-offer-jobs-package/#comments</comments>
		<pubDate>Thu, 13 Oct 2011 20:04:04 +0000</pubDate>
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		<guid isPermaLink="false">http://www.washingtonpost.com/politics/senate-republicans-offer-jobs-package/2011/10/13/gIQAKZg5hL_story.html?wprss=rss_whitehouse</guid>
		<description><![CDATA[Senate Republicans on Thursday unveiled a GOP jobs bill designed to offer a conservative vision for improving the economy and counter President Obama’s insistence that congressional Republicans have rejected his ideas for job growth without offering any of their own. The bill is largely a repackaging of long-stated Republican priorities, and many have also been endorsed by GOP leaders in the ...]]></description>
			<content:encoded><![CDATA[Senate Republicans on Thursday unveiled a GOP jobs bill designed to offer a conservative vision for improving the economy and counter President Obama’s insistence that congressional Republicans have rejected his ideas for job growth without offering any of their own. The bill is largely a repackaging of long-stated Republican priorities, and many have also been endorsed by GOP leaders in the ...]]></content:encoded>
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		<title>Senate passes China currency bill</title>
		<link>http://www.ussenatenews.com/main-content/senate-passes-china-currency-bill/</link>
		<comments>http://www.ussenatenews.com/main-content/senate-passes-china-currency-bill/#comments</comments>
		<pubDate>Tue, 11 Oct 2011 23:06:50 +0000</pubDate>
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		<category><![CDATA[Bipartisanship]]></category>
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		<description><![CDATA[In a rare showing of bipartisanship, the Senate passed a bill on Tuesday targeting China's undervalued currency -- long accused of hampering the U.S. economy.]]></description>
			<content:encoded><![CDATA[In a rare showing of bipartisanship, the Senate passed a bill on Tuesday targeting China's undervalued currency -- long accused of hampering the U.S. economy.]]></content:encoded>
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		<title>Senate targets China&#8217;s currency</title>
		<link>http://www.ussenatenews.com/main-content/senate-targets-chinas-currency/</link>
		<comments>http://www.ussenatenews.com/main-content/senate-targets-chinas-currency/#comments</comments>
		<pubDate>Mon, 10 Oct 2011 16:37:14 +0000</pubDate>
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		<guid isPermaLink="false">http://money.cnn.com/rssclick/2011/10/10/news/economy/china_currency/index.htm?section=money_mostpopular</guid>
		<description><![CDATA[The Senate is expected to pass a bill on Tuesday that targets China's undervalued currency -- long accused of hampering the U.S. economy by spurring global trade imbalances and economic hardship for U.S. manufacturers.]]></description>
			<content:encoded><![CDATA[The Senate is expected to pass a bill on Tuesday that targets China's undervalued currency -- long accused of hampering the U.S. economy by spurring global trade imbalances and economic hardship for U.S. manufacturers.]]></content:encoded>
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