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Congress

Thursday, April 11, 2013

Congress Makes Post Office Keep Saturday Mail Delivery

USPS drops plans to halt Saturday mail delivery service.

The flyers, the circulars, and the bills will still be coming to your house on Saturday. Congress has prohibited implementation of a new national delivery schedule for mail and packages that would've eliminated Saturday mail delivery, according to a statement released by the board - at least for the time being. The United States Postal Service Board of Governors said Wednesday that they will delay plans to cease mail delivery on the weekend. In February, the Postal Service announced that it would end regular mail delivery on Saturdays beginning early August. The move came as a cost-cutting measure, as the USPS hoped to save $2 billion annually by cutting Saturday delivery service. According to reports, the USPS lost almost $16 billion …

Tuesday, February 26, 2013

TELL US: Do You Care About 'Sequestration'?

Has the scary news about the impending federal sequester got you worried?

If it feels like we went through something like this just a month or so ago, you're right. That was when we were warned that the country was set to nosedive off the "Fiscal Cliff" back in December. As you'll recall, part of the Fiscal Cliff was a series of tax cuts dating from the Bush Administration era that were set to run out unless President Barack Obama and Congress came to terms before the expiration. You saw the results when the government took a bigger cut from your first paycheck in 2013. But now we're teetering on the verge of another federal precipice with the Sequestration. But what is it? What the Sequester Is Part of the resolution of the Fiscal Cliff was the American Taxpayer Relief Act. That extended some tax cuts and …

Westfield123

4:06 pm on Wednesday, February 27, 2013

Obama came up with the idea of Sequestration now live with it. Why doesn't Obama and his wife try to conserve some of our money? Both of them try to come off like a regular brother or sister but meanwhile they like to live the high life at our expense. Trips to Aspen, Hawaii, MV and golf with Tiger Woods. Meanwhile, the majority of Westfielders put him in office.   more ›

Tuesday, January 15, 2013

House Approves $50.7 Billion Sandy Relief Bill

Aid was voted on in two packages, both of them passing the U.S. House of Representatives.

The U.S. House of Representatives voted to approve a Hurricane Sandy relief package totaling $50.7 billion Tuesday night, the culmination of a contentious day that included charges of overspending from House Republicans and demands from legislators in Sandy-affected areas for their Congressional peers to do the right thing. The aid was approved in two measures, the first in the form of a $17 billion package designed to provide immediate aid primarily to victims of Sandy in New York and New Jersey, and the second, overarching package, adding an additional $33.7 billion in aid and bringing the total to more than $50 billion. The purpose of splitting the aid package, presumably, was to give House Republicans the chance to vote for immediate …

Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC

2:31 pm on Tuesday, January 22, 2013

If you have any questions about your business or home please contact Maria Patriarca, CPA at 908-272-6200 x 326 or email her at mpatriarca@fmrtl.com or visit our website for resources http://www.fmrtl.com/about/news/66-hurricane-sandy-recovery-resources   more ›

Friday, January 4, 2013

Congress Approves $9.7 Billion in Insurance Funding to Aid Sandy Victims

The U.S. House of Representatives approved funding for the National Flood Insurance Program.

The U.S. House of Representatives approved a measure late Friday afternoon allowing the Federal Emergency Management Agency (FEMA) to borrow $9.7 billion to pay insurance claims made by victims of Hurricane Sandy. The bill, HR 41, temporarily increases the borrowing authority of FEMA to allow the agency to carry out payment claims made by property owners to the National Flood Insurance Program.     Congress moved to approve the funding stop-gap Friday after concerns were raised that aid for Sandy victims had been delayed too long. The House, specifically, Majority Speaker John Boehner, R-OH, came under fire for tabling a Sandy aid package until after the New Year.   Congress is expected to vote on two additional bills authorizing more than…

Congress Approves $9.7 Billion in Insurance Funding to Aid Sandy Victims

The U.S. House of Representatives approved an initial round of funding for the National Flood Insurance Program. Another $50 billion could come Jan. 15.

The U.S. House of Representatives approved a measure late Friday afternoon allowing the Federal Emergency Management Agency (FEMA) to borrow $9.7 billion to pay insurance claims made by victims of Hurricane Sandy. The bill, HR 41, temporarily increases the borrowing authority of FEMA to allow the agency to carry out payment claims made by property owners to the National Flood Insurance Program.  Congress moved to approve the funding stop-gap Friday after concerns were raised that aid for Sandy victims had been delayed too long. The House, specifically, Majority Speaker John Boehner, R-OH, came under fire for tabling a Sandy aid package until after the New Year.   Congress is expected to vote on two additional bills authorizing more than $…

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Skitch

7:45 pm on Wednesday, January 9, 2013

@Rick. You are incorrect. Flood policies are thru the NFIP. The private insurance carriers are servicing carriers only. They collect the premium, issue the policy, service the claims and are reimbursed by the feds for their services. The adjusters handling the flood claims are required to be certified by the NFIP. So even the carrier who wrote your policy usually do not handle your claims. They …   more ›

Woodbridge Gets a New Congressman

Rep. Frank Pallone was sworn into his 13th term in Congress Thursday, but he'll be a new congressman for Woodbridge as the township joins the 6th District.

As the New Year passed, Woodbridge slipped into a new congressional district.  Because of the census redistricting, Woodbridge, which had been split between two congressional districts, is now reunited in the 6th District. Congressman Frank Pallone, who won reelection to his 13th term in the November elections, was sworn in to his term of office Thursday. The township had been divided between the 7th and 13th districts via gerrymandering. Rep. Leonard Lance (R-7) and Rep. Albio Sires (D-8) had represented Woodbridge in Congress before January 1. “I am deeply honored to represent the Sixth District of New Jersey in the 113thCongress,” said Pallone in a statement.  “I thank the people of New Jersey’s Sixth District for this great privilege…

Sunday, December 30, 2012

What's the Fiscal Cliff to My Paycheck?

The financial deadline looms in Washington, with no deal yet made. Check this primer, and share your questions and thoughts.

With Christmas 2012 over, one reality check is that the looming "fiscal cliff" deadline is just a few days away. On December 31, tax cuts dating to the George W. Bush presidential term are scheduled to expire, and President Obama and congressional leaders have not reached a compromise. Of course, that means tax bills would increase for many middle- and upper-class taxpayers. And that means paycheck withholding for many workers would change, leaving them with less take-home pay in the new year. Apparently, though, there will be no immediate change in withholding tables, while the situation is unresolved. According to John Tuzynski, the IRS’ chief of employment tax policy, employers should continue to use 2012 withholding tables and …

BobDee

6:56 pm on Sunday, December 30, 2012

Simply put...The fiscal cliff means...less for you, more for them.   more ›

Saturday, December 29, 2012

U.S. Senate Approves Sandy Relief Bill

The $60.4 billion aid package needs to pass in Congress before it reaches the President's desk.

A $60.4 billion Hurricane Sandy relief bill was approved by the U.S. Senate Friday, New Jersey Sen. Frank Lautenberg's office announced, putting it a House of Representatives passage away from reaching President Barack Obama's desk for certain signing.  The bill was crafted in part by Lautenberg, vice chairman of the Senate Appropriations Subcommittee, and would primarily benefit New York, New Jersey and Connecticut. The aid package, requested by Obama and championed by state officials, including Gov. Chris Christie, passed with bipartisan support in the Senate, 62-32. Congress has yet to vote on the bill, though the Republican-controlled House has raised significant opposition to the aid package. At a recent town hall, Christie urged …

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OClover

10:17 pm on Tuesday, January 1, 2013

LOL. How are you not able to access the wetlands, Vic? What special access do non-permanent residents have currently that they are "hoarding" and keeping you from enjoying? Are you unaware they you can hike in Corson's Inlet State Park anytime you please? Sincerely, Part-time resident---FULL TIME TAX PAYER!!!!!   more ›

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