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July 14

July 14, 2010 by staff 

July 14July 14:(FOXNews (blog)) — It’s the economy Wednesday at the Capitol.

Majority Leader Harry Reid Senate, Democrat of Nevada., And a group of Senate Democrats will highlight its efforts to revive the economy with a press conference to highlight a number of small business tax credits recently adopted. House Republicans will oppose it in a 10:00 a.m. ET newsen that the Democrats will only offer more deficit spending, no solutions to America’s economic problems. Not to be outdone, Sens. Robert Menendez, DN.J., and Debbie Stabenow, D-Mich., Will meet at 1:00 pm accusing Senate Republicans of protecting tax loopholes for CEOs and oppose tax cuts for small businesses.

The Joint Economic Committee meets at 2:00 pm ET with Christina Romer, chairman of the Council of Economic Advisers, to assess the impact of the Law on Encouragement and discuss the short and long-term economic outlook.

On a personal note of finance, the House Transportation and Infrastructure Aviation Subcommittee holds a hearing on air fares, which seem to include a charge for almost everything other than the seatbelt and the child crying in the passenger seat beside you today. The CEOs of two low-cost airline, Spirit and Southwest, along with representatives of the industry of travel agencies are set to testify.

Wednesday afternoon the Committee on Foreign Affairs of the Senate evaluates the progress of the civil conflict in Afghanistan with the Special Representative for Afghanistan and Pakistan, Richard Holbrooke, and former U.S. ambassador in Iraq and Pakistan, Ryan Crocker. Holbrooke is expected to receive tough questions from committee Democrats, who are looking for a strategy to end the longest war in the nation.

We’ll be playing these stories from all angles, so be sure to be with Fox News for the latest.

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