Ideas And Tips For Investing In The Stock Market | Overseas Property

You can earn quite a lot of money when you invest in stocks. That being said, you won?t be successful unless you have the correct knowledge. The below article will provide you with solid advice that will assist you in getting the most out of your investments in stock.

If you are new at investing in stocks, you should create and maintain a simple investing strategy and plan. It could be tempting to do the things you have learned right away, but if you?re new in investing it is good to focus on one thing that truly works and stick to it. This will allow you to build your portfolio to meet your goals.

Join an online investing forum. This type of forum allows participants to learn from other investors and explore different strategies. You?ll be able to find help while helping your peers. The advice on these forums is more informal than reading financial publications, but they offer a perspective that is hard to find elsewhere.

A significant proportion of investors lean towards stable sectors during recessions and trade conservatively. However, companies in innovative new sectors like renewable energies also deserve some attention. Every portfolio requires stock in companies that are going to take advantage of new advances.

Sound portfolios can generate returns in the area of 8 percent, while terrific ones may bring 15 or 20 percent. It is possible that, with the right investments, you may be able to generate even more. Although selecting which stocks to invest in is sometimes difficult, when you put in the time to do adequate research, aim to diversity your portfolio and remain disciplined, you smart decisions will manifest in a well-performing portfolio that brings you a high return on your investment.

You want any stock you buy to offer good earnings in relation to what you pay for it up front. In general, look for price to earnings ratios which are rational based on the company and its financial situation. So you should get a ratio of price to earnings no more than about 20 with a stock that has a projected 10% return.

Trading Decisions

You may also want to consider attending seminars on stock investing to further your knowledge of stock investment. These are usually available for a small price and are taught by stock market professionals who can assist you in making the most out of your investment.

Don?t let your emotions control your trading decisions and don?t obsess over trading decisions. Do not focus on a dropping stock, with the hope it will rise. Additionally, it is rarely ever good to add more money to a falling stock, thinking that you can get in while the price is low. Stock trading should not be done with your heart, only your head.

When you first start investing, stick with the larger, ?blue chip? companies. If you?re a beginner, start with lower risk or low beta stocks. As you gain experience, it is time to invest in a few small or midsize companies. Keep in mind that smaller companies have potential to provide fast growth, especially when these companies are considered to be hot. However, at the same time, these companies possess a higher loss risk.

Stock Market

If you are a resident of the United States, get a Roth IRA, and put as much funds into it as you are able. Most middle-class citizens qualify for this opportunity. This kind of investment strategy offers many benefits in the form of tax breaks and can yield substantial income of a number of years.

You must review your entire stock market portfolio on a regular basis. Maintain a close watch to ensure that the stocks you own are holding their own and that the general market conditions are favorable for you. That being said, don?t obsess over it to the point where you are checking it daily; the stock market can be extremely volatile, and seeing the various ups and downs could cause you to panic unnecessarily.

Do not get caught wearing blinders when you are investing in the stock market and miss out on other profitable investments. Many other wise investments exist, such as bonds or mutual funds, or you could even consider the potential return on real estate and fine art. If you have enough money to do so, try diversified investing to protect your wealth.

Before jumping into the stock market, consider paper trading first. This way, you can practice investing without having to use actual money, and you can better learn the stock market. This method involves a fake portfolio where you can demo some of your potential investment strategies.

Instead of purchasing a few costly stocks, think about buying a larger amount of affordable ones. This keeps stocks easy to sell and manage. Also, making decisions to sell or hold expensive stocks can create a good bit more pressure then more moderately priced options.

You have probably heard the saying, ?Keep it simple.? This holds true for a lot of things, even the stock market. Keep all your investment activities simple so that you don?t take unnecessary risks in the market.

Volume Stocks

Per day trading is an important number to watch when investing in stocks. This is as important as considering the selling commission as you begin your investing foray with the purchase of stocks. Obviously, low-volume stocks simply do not trade as much as high-volume stocks. The volume might not go up, either, and you may be dealing with a toxic asset. So always focus on the daily shares.

If you?re comfortable in doing research of your own, then consider making use of an online broker. The trading commissions for online brokers will make it more economical than a dedicated human broker. Since your main goal is to make a profit, having a low operating cost is ideal.

As mentioned in the beginning of this article, a great way to earn a large amount of money is by purchasing stocks. You will be surprised at the amount you can earn, once you are skilled. Use this article?s advice to get a competitive edge.

Chances are, there is a lot that you don?t know about the subject of More Information . By increasing your knowledge of More Information , you will gain confidence to move ahead. Keep this More Information information in mind and put it to use when necessary.

Source: http://www.davidstanleyredfern.com/general-news/ideas-and-tips-for-investing-in-the-stock-market

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Venezuela VP: Chavez can be sworn in by Court

A heart-shaped mural shows an image of Venezuela's President Hugo Chavez hugging a woman, in Caracas, Venezuela, Friday, Jan. 4, 2013. Chavez hasn't spoken publicly or been seen since his Dec. 11 operation in Cuba, and the latest report from his government Thursday night increased speculation that he is unlikely to attend his Jan. 10 inaugural ceremony. The message above the mural reads in Spanish; "Love is repaid with love." (AP Photo/Ariana Cubillos)

A heart-shaped mural shows an image of Venezuela's President Hugo Chavez hugging a woman, in Caracas, Venezuela, Friday, Jan. 4, 2013. Chavez hasn't spoken publicly or been seen since his Dec. 11 operation in Cuba, and the latest report from his government Thursday night increased speculation that he is unlikely to attend his Jan. 10 inaugural ceremony. The message above the mural reads in Spanish; "Love is repaid with love." (AP Photo/Ariana Cubillos)

In this photo provided by Miraflores Presidential Press Office, Venezuela's Vice President Nicolas Maduro holds a miniature copy of Venezuela's constitution as he gives an interview on state television in Caracas, Venezuela, Friday, Jan. 4, 2013. Maduro said Friday that President Hugo Chavez could be sworn in by the Supreme Court later on if he's not able to take the oath of office before lawmakers on Jan. 10 because of his struggle with cancer, dismissing the argument by some opposition leaders that new elections must be called if Chavez doesn't take office as scheduled on Thursday. (AP Photo/Miraflores Presidential Office)

Pedestrians are reflected in a framed image of Cuba's Fidel Castro, left, and Venezuela's President Hugo Chavez, hanging inside a shop, in Havana, Cuba, Friday, Jan. 4, 2013. Chavez hasn't spoken publicly or been seen since his Dec. 11 operation in Cuba, and the latest report from his government Thursday night increased speculation that he is unlikely to attend his Jan. 10 inaugural ceremony. (AP Photo/Ramon Espinosa)

In this photo provided by Miraflores Presidential Press Office, Venezuela's Vice President Nicolas Maduro, left, is interviewed by Communications Minister Ernesto Villegas on state television in Caracas, Venezuela, Friday, Jan. 4, 2013. Maduro said President Hugo Chavez could be sworn in by the Supreme Court later on if he's not able to take the oath of office before lawmakers on Jan. 10 because of his struggle with cancer, dismissing the argument by some opposition leaders that new elections must be called if Chavez doesn't take office as scheduled on Thursday. Behind hangs a painting of Venezuela's independence hero Simon Bolivar. (AP Photo/Miraflores Presidential Office)

CARACAS, Venezuela (AP) ? Venezuelan President Hugo Chavez can take the oath of office for his next term before the Supreme Court at a later date if the ailing leader isn't fit to be sworn in next week, his vice president said.

Vice President Nicolas Maduro sent the strongest signal yet that the government may seek to postpone Chavez's inauguration as the 58-year-old president fights a severe respiratory infection more than three weeks after undergoing cancer surgery in Cuba.

Maduro's position in a televised interview on Friday night generated new friction between the government and opposition over the swearing-in, which the constitution says should occur next Thursday before the National Assembly. Some opposition leaders have argued that if Chavez doesn't make it back to Caracas by that date, the president of the National Assembly should take over as interim president.

Such brewing disagreements are likely to be aired on Saturday when the congress, which is controlled by a pro-Chavez majority, convenes to choose its president and other legislative leaders. Whoever is elected National Assembly president could potentially end up being the country's interim president if Chavez's illness forces him from office.

Speaking on television, Maduro held up a small blue copy of the constitution and read aloud passages as he argued that opponents were using erroneous interpretations to try to drive Chavez from power.

"They should respect our constitution," the vice president said. "The formality of his swearing-in can be resolved before the Supreme Court of Justice, at the time (the court) deems in coordination with the head of state, Commander Hugo Chavez."

Maduro echoed other Chavez allies in suggesting the inauguration date is not a firm deadline, and that the president should be given more time to recover from his cancer surgery if needed.

"Maduro's comments are not surprising. The government holds all the cards in the current situation, particularly given the compassion for Chavez's serious illness. It has interpreted the constitution loosely, to its own political advantage," said Michael Shifter, president of the Inter-American Dialogue think tank in Washington. "In this way Maduro is able to buy some time, assert his authority, and rally support within Chavismo. He puts the opposition on notice and throws it off balance."

He was re-elected in October to another six-year term, and two months later announced that his pelvic cancer had returned. Chavez said before the operation that if his illness prevented him from remaining president, Maduro should be his party's candidate to replace him in a new election.

Maduro reiterated on Friday that the president is fighting a "complex" battle for his health but expressed hope that eventually, "we'll see him and we'll hear him."

"He has a right to rest and tranquility, and to recuperate," Maduro said. "The president right now is the exercising president. He has his government formed."

Maduro read a portion of the constitution detailing procedures for declaring an "absolute absence" of the president, which would trigger a new election within 30 days, and declared that "none of these grounds can be raised by the Venezuelan opposition."

The Venezuelan Constitution says the presidential oath should be taken Jan. 10 before the National Assembly. It also says that if the president is unable to be sworn in before the National Assembly, he may take the oath office before the Supreme Court, and some legal experts have noted that the sentence mentioning the court does not mention a date.

Others disagree. Ruben Ortiz, a lawyer and opposition supporter, argued that Maduro is wrong and that under the constitution the inauguration date can't be postponed.

If Chavez is not in Caracas to be sworn in on Thursday, Ortiz said in a phone interview, "the president of the National Assembly should take charge." He added that "there is a formal separation between one term and the other."

Opposition lawmaker Maria Corina Machado said in a message on Twitter that under the constitution, the vice president will no longer be in office once the inauguration day comes, "the day the presidential term ends."

"The decision about Jan. 10 corresponds to the National Assembly and not the (Supreme Court)," Machado said. "Otherwise, it would be a shameful violation of the Constitution."

Shifter said the opposition is on the defensive, with its only tactic being to insist that Jan. 10 is the established date.

"Chavez controls all the key institutions, and it's doubtful that most Venezuelans will get too upset about defying what seems a fairly minor constitutional provision," Shifter said. "Attacking the government because it has no objection to the Supreme Court swearing in Chavez after Jan. 10 is not exactly a winning political strategy for the opposition."

A delay also serves the government's purposes, Shifter said. "The government wants more time, whether to see if Chavez gets better, or to consolidate their ranks and further splinter and demoralize the opposition."

Chavez hasn't spoken publicly or been seen since his Dec. 11 operation. The government revealed this week that Chavez is fighting a severe lung infection and receiving treatment for "respiratory deficiency."

That account raised the possibility that he might be breathing with the assistance of a machine. But the government did not address that question and didn't give details of the president's treatment.

Independent medical experts consulted by The Associated Press said the government's latest statements indicated a potentially dangerous turn in Chavez's condition, but said it's unclear whether he is attached to a ventilator.

Dr. Gustavo Medrano, a lung specialist at the Centro Medico hospital in Caracas, said he has seen similar cases in cancer patients who have undergone surgery, and "in general it's very bad, above all after a surgery like the one they performed on him."

"I don't know the magnitude of the infection he has, how much of his lungs have been compromised, how much other organs are being affected. That's not clear," Medrano said.

Opposition leaders have blamed vague information coming from the government for persistent rumors about Chavez's condition, and demanded a full medical report.

Chavez has undergone four cancer-related surgeries since June 2011 for an undisclosed type of pelvic cancer. He also has undergone chemotherapy and radiation treatment.

The Venezuelan newspaper El Nacional criticized what it called an "information vacuum" in an editorial on Friday, saying Venezuelans are in the dark because "no one speaks clearly from the government." The newspaper called the situation reminiscent of secrecy that surrounded the deaths of Josef Stalin in the former Soviet Union and Mao Zedong in China.

State television repeatedly played video of a song in which rappers encourage Venezuelans to pray, saying of Chavez: "You will live and triumph." A recording of a speech by Chavez appears during the song, saying: "I will be with you always!"

___

AP Interactive: http://hosted.ap.org/interactives/2012/venezuela/

___

Ian James on Twitter: http://twitter.com/ianjamesap

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2013-01-05-Venezuela-Chavez/id-3c032c5d558c45719aa07f520b55b55c

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FDA proposes sweeping new food safety rules

FILE - This Sept. 28, 2011 file photo shows the sign leading to the Jensen Farms near Holly, Colo. The U.S. Food and Drug Administration on Friday proposed the most sweeping food safety rules in decades, requiring farmers and food companies to be more vigilant in the wake of deadly outbreaks in peanuts, cantaloupe and leafy greens. (AP Photo/Ed Andrieski, File)

FILE - This Sept. 28, 2011 file photo shows the sign leading to the Jensen Farms near Holly, Colo. The U.S. Food and Drug Administration on Friday proposed the most sweeping food safety rules in decades, requiring farmers and food companies to be more vigilant in the wake of deadly outbreaks in peanuts, cantaloupe and leafy greens. (AP Photo/Ed Andrieski, File)

FILE - This Sept. 28, 2011 file photo shows cantaloupes rotting in the afternoon heat on a field on the Jensen Farms near Holly, Colo. The U.S. Food and Drug Administration on Friday proposed the most sweeping food safety rules in decades, requiring farmers and food companies to be more vigilant in the wake of deadly outbreaks in peanuts, cantaloupe and leafy greens. (AP Photo/Ed Andrieski, File)

WASHINGTON (AP) ? The Food and Drug Administration on Friday proposed the most sweeping food safety rules in decades, requiring farmers and food companies to be more vigilant in the wake of deadly outbreaks in peanuts, cantaloupe and leafy greens.

The long-overdue regulations could cost businesses close to half a billion dollars a year to implement, but are expected to reduce the estimated 3,000 deaths a year from foodborne illness. Just since last summer, outbreaks of listeria in cheese and salmonella in peanut butter, mangoes and cantaloupe have been linked to more than 400 illnesses and as many as seven deaths, according to the federal Centers for Disease Control and Prevention. The actual number of those sickened is likely much higher.

The FDA's proposed rules would require farmers to take new precautions against contamination, to include making sure workers' hands are washed, irrigation water is clean, and that animals stay out of fields. Food manufacturers will have to submit food safety plans to the government to show they are keeping their operations clean.

Many responsible food companies and farmers are already following the steps that the FDA would now require them to take. But officials say the requirements could have saved lives and prevented illnesses in several of the large-scale outbreaks that have hit the country in recent years.

In a 2011 outbreak of listeria in cantaloupe that claimed 33 lives, for example, FDA inspectors found pools of dirty water on the floor and old, dirty processing equipment at Jensen Farms in Colorado where the cantaloupes were grown. In a peanut butter outbreak this year linked to 42 salmonella illnesses, inspectors found samples of salmonella throughout Sunland Inc.'s peanut processing plant in New Mexico and multiple obvious safety problems, such as birds flying over uncovered trailers of peanuts and employees not washing their hands.

Under the new rules, companies would have to lay out plans for preventing those sorts of problems, monitor their own progress and explain to the FDA how they would correct them.

"The rules go very directly to preventing the types of outbreaks we have seen," said Michael Taylor, FDA's deputy commissioner for foods.

The FDA estimates the new rules could prevent almost 2 million illnesses annually, but it could be several years before the rules are actually preventing outbreaks. Taylor said it could take the agency another year to craft the rules after a four-month comment period, and farms would have at least two years to comply ? meaning the farm rules are at least three years away from taking effect. Smaller farms would have even longer to comply.

The new rules, which come exactly two years to the day President Barack Obama's signed food safety legislation passed by Congress, were already delayed. The 2011 law required the agency to propose a first installment of the rules a year ago, but the Obama administration held them until after the election. Food safety advocates sued the administration to win their release.

The produce rule would mark the first time the FDA has had real authority to regulate food on farms. In an effort to stave off protests from farmers, the farm rules are tailored to apply only to certain fruits and vegetables that pose the greatest risk, like berries, melons, leafy greens and other foods that are usually eaten raw. A farm that produces green beans that will be canned and cooked, for example, would not be regulated.

Such flexibility, along with the growing realization that outbreaks are bad for business, has brought the produce industry and much of the rest of the food industry on board as Congress and FDA has worked to make food safer.

In a statement Friday, Pamela Bailey, president of the Grocery Manufacturers Association, which represents the country's biggest food companies, said the food safety law "can serve as a role model for what can be achieved when the private and public sectors work together to achieve a common goal."

The new rules could cost large farms $30,000 a year, according to the FDA. The agency did not break down the costs for individual processing plants, but said the rules could cost manufacturers up to $475 million annually.

FDA Commissioner Margaret Hamburg said the success of the rules will also depend on how much money Congress gives the chronically underfunded agency to put them in place. "Resources remain an ongoing concern," she said.

The farm and manufacturing rules are only one part of the food safety law. The bill also authorized more surprise inspections by the FDA and gave the agency additional powers to shut down food facilities. In addition, the law required stricter standards on imported foods. The agency said it will soon propose other overdue rules to ensure that importers verify overseas food is safe and to improve food safety audits overseas.

Food safety advocates frustrated over the last year as the rules stalled praised the proposed action.

"The new law should transform the FDA from an agency that tracks down outbreaks after the fact, to an agency focused on preventing food contamination in the first place," said Caroline Smith DeWaal of the Center for Science in the Public Interest.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-01-04-Food%20Safety/id-ad1326a48c984b5e8215ad2af40e91da

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Boulder Police Department Suspends 2 Officers Over Mapleton Elk Shooting

The two Boulder police officers involved in the shooting of an elk on Mapleton Avenue late Tuesday were placed on paid administrative leave today pending a personnel investigation by the Boulder Police Department..

Meanwhile, the Boulder County Sheriff's Office has launched an internal investigation of its own to determine what role an on-duty sheriff's deputy played that night.

According to Boulder police, officers Sam Carter and Brent Curnow have been placed on leave pending the investigation.

At 9:35 a.m., Beckner tweeted: "Two officers involved in Elk shooting incident have been placed on Admin Leave w/pay pending the outcome of investigations."

According to police, an officer on patrol near Mapleton Avenue and Ninth Street shot the elk with a shotgun Tuesday night after he said it appeared to be injured. An off-duty officer then arrived to haul away the elk and process it for meat.

The officer did not file a report or notify dispatchers about the incident.

A photo taken by a resident in the area shows Carter posing with the elk. Boulder police did not specify whether Carter or Curnow shot the animal, but did specify that the on-duty officer was the one who took the shot. Carter was on duty the night of the shooting and Curnow was not, according to police records.

Cmdr. Rick Brough with the Boulder County Sheriff's Office also said this morning that the deputy who reportedly helped load the elk into the truck also is being investigated by that department, but has not been placed on leave.

Brough said another deputy drove by the scene but does not appear to have been involved.

Both of the police officers also are under criminal investigation from the Colorado Parks and Wildlife.

Samson's Law, passed in 1998 after a well-known bull elk in Estes Park was killed by a poacher who was fined just a few hundred dollars, adds substantial fines for the killing of trophy animals. The killing of a bull elk with six-point antlers or larger can carry a fine of up to $10,000, on top of the other criminal penalties for violating hunting rules.

In addition, hunting is never allowed within city limits. ___

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Source: http://www.huffingtonpost.com/2013/01/05/boulder-police-mapleton-elk-shooting_n_2411202.html

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India ready to charge men accused of gang rape

NEW DELHI (AP) ? Indian police say they are ready to file murder, rape and kidnapping charges against six people accused in the gang-rape and killing of a 23-year-old university student.

New Delhi police spokesman Rajan Bhagat says the charges against the suspects were expected to be presented to a court in south Delhi on Thursday.

The Dec. 16 rape triggered outrage across India and sparked demands for stronger laws, tougher police action against sexual assault suspects and a sustained campaign to change society's views on women.

Media reports say 30 witnesses have been gathered, and the charges have been detailed in a document running more than 1,000 pages.

Source: http://news.yahoo.com/india-ready-charge-men-accused-gang-rape-050729022.html

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Analysis: Republicans start new Congress bruised and divided

WASHINGTON (Reuters) - In the wake of bruising fights in their own ranks over the "fiscal cliff" and aid for victims of superstorm Sandy - Republicans in the U.S. House of Representatives open a new Congress on Thursday more divided than ever.

While their leader, Speaker John Boehner, seems in no danger of losing his position because of the divisions, his ability to speak for his membership in the House appears greatly diminished.

That could not come at a worse time for Republicans as they prepare for their next attempt to get more spending cuts out of President Barack Obama. They will try to use the debt ceiling - and Obama's request to raise it - as leverage, as they did in 2011.

But if the final days of this Congress were indicative of things to come, Republicans will have a rough time effectively using their majority in the House against Obama, who even Republicans acknowledge is at the top of his game following the Democrat's re-election in November.

The fiscal cliff battle to avert steep tax hikes and spending cuts that were due to kick in at the start of this year proved gut-wrenching for Republicans.

Obama's demand for a tax hike on the rich challenged a core principle that has guided Republicans for decades: No new taxes. Ever.

Yet, late on New Year's night, 85 Republicans in the House did just that, voting to raise income taxes on household income of more than $450,000 a year.

Some of the Republican Party's biggest stars were among the 85 - including Boehner and Paul Ryan, the 2012 Republican vice presidential candidate, who is seen as a conservative anchor.

But 151 House Republicans stood in defiance, leaving Boehner in the unenviable position of having to rely on opposition Democrats to pass major legislation.

Earlier in the fiscal cliff fight, Boehner suffered a humiliating defeat when his "Plan B" solution - which would have limited the tax hikes to income of $1 million a year or more, got so little support he had to cancel the vote.

No sooner had the fiscal cliff battle ended than Boehner found himself in trouble with other Republicans over aid for victims of Sandy, the second costliest storm in U.S. history, which smashed New York and New Jersey coastal communities in late October.

Legislation providing disaster relief to New York, New Jersey and other East Coast states was delayed. A House Republican aide said that given Republicans' frustration with the fiscal cliff bill and its lack of significant spending cuts, "it was not a good time to immediately vote on $60 billion in new spending."

"I don't enjoy saying this. I consider myself a personal friend of John Boehner's," said Republican Representative Peter King of New York. "It pains me to say this, but the fact is that the dismissive attitude that was shown ... toward New York, New Jersey and Connecticut typifies, I believe, a strain in the Republican Party."

Earlier, King had condemned House inaction on Sandy as a "knife in the back."

Republican Representative Michael Grimm, also of New York, said of Boehner's refusal to bring the disaster bill to a vote: "There was a betrayal. There was an arrogant judgment that is going to cost I think the trust of the American people."

Ironically, Grimm first won his seat in Congress in 2010 with the help of conservative Tea Party activists who sometimes show displeasure with disaster aid spending.

By midday on Wednesday, Boehner had changed course, promising a House vote by week's end on a $9 billion down payment in storm assistance, with a second bill providing $51 billion to be voted on January 15.

TEA PARTY EFFECT

Paul Light, a New York University professor and a specialist on Congress, said the vote on the fiscal cliff bill could mark the start of a "major realignment" in the run-up to the 2014 congressional elections and the 2016 presidential race.

Republicans who voted for the legislation "are going to have to find a home. They're not going to find it with the Tea Party," Light said.

He said that Republicans who were uncomfortable with the Tea Party could begin aligning themselves more closely with a dwindling band of centrist Democrats.

Congressional Republicans, especially in the House, have been buffeted for two years by the Tea Party, which helped them win control of the House in 2010.

Boehner had to navigate Tea Party demands throughout the 2011 fight over raising U.S. borrowing authority or risking a historic government default.

In rapid succession, Tea Party-fueled battles were waged over infrastructure investments, farm subsidies, payroll tax cuts and the fiscal cliff.

At the core of the disputes was whether the government should be made smaller, forcing Boehner to balance that demand with the need to govern and keep the federal government operating in an orderly way.

For all the heartache over the past several weeks as Republicans fought with one another over whether to let taxes on the rich go up, many see better days ahead.

"By and large, people are probably happy to have it behind them. This was obviously the worst part of the fiscal debate," said one House Republican staffer, referring to the tax hikes.

The staffer added, "Republicans get to point out that we still have a $1 trillion deficit and ask Democrats what kind of spending cuts, entitlement reforms they are willing to do to fix it."

Republicans feel that will be an easier lift for them - one that they can sell to the American public as they move on to the fight over the debt ceiling.

(Editing by Fred Barbash and Peter Cooney)

Source: http://news.yahoo.com/analysis-republicans-start-congress-bruised-divided-041304439--business.html

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