Interest Rates Expected To Go Up, With More Hikes To Come

The Federal Reserve is widely expected to increase interest rates again Wednesday, which means higher rates on credit cards, home equity lines and other kinds of borrowing. But economists are wondering whether super-low unemployment will get policymakers nervous enough about potential inflation that the central bank will raise rates even higher in coming months than previously estimated. Wednesday's interest rate hike would be the Fed's second this year and put the federal funds rate in a...

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House To Vote Next Week On Competing Immigration Bills

House Speaker Paul Ryan's office announced late Tuesday a vote on two immigration bills next week to address the legal status of people brought to the U.S. as children. Specific details of the two bills will be released Wednesday morning. They are aimed at appeasing the ideological wings of the House GOP. One is expected to be a more conservative measure preferred by the House Freedom Caucus, and the other a more moderate one supported by more centrist Republicans. It is unclear if either...

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Albany, NY – Joining us this week in the Congressional Corner is The Massachusetts Democrat, John Olver to discuss some district and state level transportation projects. Alan asks John about his position on the House Appropriations Subcomittee of Transportation.

Albany, NY – The book 'Congress And Its Members' is still on the table in the Congressional Corner. Today it's opened to the section on Vermont and New York and we start with NY's Maurice Hinchey. Alan wraps up the tour of our northeastern representatives with Congressional Quarterly Legislative Affairs Editor, David Hawkings.

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