Today in Equity

July 16th, 2009 by Keith Forest
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Transportation Bill Inches Forward,” - National League of Cities

The future of funding for federal surface transportation programs, due to expire on September 30, was muddled further last week when House Transportation and Infrastructure Committee Chairman James Oberstar announced that the House would act to adopt a short-term fix for the federal Highway Trust Fund but would not extend the programs due to expire.

Oberstar has said he would not extend the current program but instead gained support for a sweeping $500 billion six-year authorization bill adopted by a House subcommittee last month. However, the House panel charged with finding the funds to pay for the ambitious new surface transportation program has indicated that health care reform will be the next issue it tackles as the September 30 deadline draws closer. Both the Obama Administration and members of the House Ways and Means Committee have indicated they oppose any increased taxes to fund transportation at this time. 

At Wal-Mart, Labeling to Reflect Green Intent,” - The New York Times

Shoppers expect the tags on Wal-Mart items to have rock-bottom prices. In the future they may also have information about the product’s carbon footprint, the gallons of water used to create it, and the air pollution left in its wake.

As the world’s largest retailer, Wal-Mart Stores is on a mission to determine the social and environmental impact of every item it puts on its shelves. And it has recruited scholars, suppliers, and environmental groups to help it create an electronic indexing system to do that.

Foreclosures up: 1 in 84 homes affected in first half of year,”  - USA TODAY

Foreclosures are continuing to set records despite the Obama administration’s $75 billion plan to help borrowers at risk of losing their homes.

There were 1.9 million foreclosure filings in the first six months of this year, a 15% increase from the first six months of 2008, according to a report today from RealtyTrac. One in 84 homes

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