2018 Omnibus Numbers

The Hill: Spending bill includes major wildfire overhaul

The spending bill Congress is considering includes a major, bipartisan effort to overhaul how the U.S. government spends money to fight wildfires on federal land. The provision in the omnibus appropriations bill, released publicly late Wednesday, is meant to cut down on a practice known as “fire borrowing” in which agencies like the Forest Service and Bureau […]

Bank of the West: Instant Analysis of Today’s Advance GDP Estimate for Q4 2015

Bank of the West: Instant Analysis of Today’s Advance GDP Estimate for Q4 2015 The Bureau of Economic Analysis released its initial estimate on Q4 2015 GDP this morning, coming in at +0.7% SAAR.  This was just slightly below my estimate for +0.8% growth.  The composition of U.S. growth in the fourth quarter was as […]

Bank of the West US Outlook Report for January 8, 2016

US Outlook Report: 2016 Comes in Like a Lion It’s the New Year’s hangover that never ends. Granted we are only about a week into the New Year, but so far it’s been a doozy. China’s Shanghai stock market plunged 7.0 percent twice this week after tripping new circuit breakers designed to staunch market panic, […]

Congress Sends FY15 Funding Bill To President

California Capitol Hill Bulletin Volume 21, Bulletin 29 – December 14, 2014 [online/pdf]   Appropriations: Congress Sends FY15 Funding Bill To President After another round of last minute snags in both chambers, the House and Senate passed H.R. 83, funding the federal government for Fiscal Year 2015. The House vote of 219-206 occurred on December […]