Economy

Econ 101: March 19, 2013

CREDIT:

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • A prominent corporate lobbying group will begin pushing tax reform that lowers the corporate rate to 25 percent and limits taxation overseas profits. [The Hill]
  • The Senate advanced a spending measure to avoid a government shutdown, with final passage expected later in the week. [Reuters]
  • The Senate Banking Committee will vote today on two of President Obama’s financial regulatory nominees. [The Hill]
  • New Treasury Secretary Jack Lew will meet with Chinese President Xi Jinping today. [CNBC]
  • Gov. Andrew Cuomo (D) and the state legislature have reached a tentative deal to raise New York’s minimum wage to $9 per hour. [New York Times]
  • The National Football League is getting into the private equity business. [Wall Street Journal]
  • eBay CEO John Donahue will get an 80 percent raise this year, bringing his total pay to $29.7 million. [Wall Street Journal]