Congress is out this week, digesting Thanksgiving turkeys and the Senate health care bill. For purposes of dinner table comparisons, the health care bill weighs more than 20 lbs.
The Senate returns at 2 p.m. Monday, Nov. 30, when it again takes up the health care debate. The House moseys back at 2 p.m. Tuesday, Dec. 1.
President Obama hosts Prime Minister Manmohan Singh of India at the White House for meetings Tuesday and then the Administration’s official first state dinner.
The NAM closes at 2 p.m. Wednesday for Thanksgiving and reopens on Monday.
Congressional Hearings: Two field hearings today for the local constituents. Sen. Blanche Lincoln (D-AR) holds a hearing of the Senate Agriculture Committee is at the Clinton Presidential Library in Little Rock, Ark., “Revitalizing Rural America.” At the state Capitol in Sacramento, the House Natural Resources Committee, energy and mineral resources subcommittee, holds a hearing, “Abandoned Mines and Mercury in California.”
Executive Branch: Commerce Secretary Gary Locke today meets with Egyptian Minister of Trade and Industry Rachid Mohamed Rachid and signs a Memorandum of Understanding extolling commercial ties.
Economic Reports:National Association of Realtors today report existing home sales for October. On Tuesday, Commerce issues revised GDP figures for the third quarter, potentially reducing the 3.5 percent growth rate to 2.9 percent. Also Tuesday, the Fed releases the minutes of its last Open Market Committee meeting. On Wednesday, reports are issued for durable goods orders, personal income and spending, and new home sales. For more on the week’s report, see The Associated Press story and Reuters.
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