Congress is out this week, save for faux proma sessions of the Senate Tuesday and Thursday to prevent recess appointments. The Senate returns more formally next Monday, when it will vote on proceeding to the Lieberman-Warner climate change bill. The House returns on Tuesday, June 3. The latest Congressional Record Daily Digest has more…but not much more.
Executive Branch: President Bush heads to Arizona Tuesday, including a stop in Mesa at the Silverado Cable Company, a manufacturer of custom wire harnesses and cable assemblies. On Wednesday, he delivers the commencement address at the Air Force Academy; on Saturday, it’s the commencement address at Furman University in South Carolina. Energy Secretary Bodman spends the first part of the week in Portugal, promoting renewable energy, or energias renováveis, as the case may be. Next weekend, Ambassador Schwab is in Arequipa, Peru, for the APEC Meeting of Ministers Responsible for Trade (MRT).
Economic Reports: From the Commerce Department Tuesday comes the report of April new-home sales; preliminary first-quarter GDP numbers on Thursday, and on Friday, personal income and spending data for April. More here.
Finally, has global warming caused the Club of Rome to move to Scandinavia? From The Economist: “A GROUP of economists, including Nobel laureates, get together this week in Denmark’s capital city, concluding on Friday May 30th, to seek new ways to tackle big social, economic and environmental problems facing the planet. The Copenhagen Consensus gathering will address a wide range of issues—hunger, education, trade and subsidies, water and sanitation, climate change—relevant to the development of poor countries in particular.” Well, the Copenhagen Consensus Center is headed by the commonsensical Bjorn Lomborg, so that’s a good sign.
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