Most of the popular/mainstream commentaries about Congress is that they don't their jobs - that they need to do more for the American people. We certainly have been highly critical of Congress for repeatedly not getting enough work done during the year by repeatedly failing to pass the most basic legislation that is required of them - the annual budget resolution and appropriations bills (see here, here, and here).

The fiscal health of states around the country is continuing to deteriorate, according to an updated report from the Center on Budget and Policy Priorities. CBPP has issued updates to this report, initially released on January 15 this year, as state legislatures have attempted to deal with their budget shortfalls during the FY 2009 state budget process. This will be the last update of this report as only two states are left without an enacted FY 2009 budget.

Jobs data released this morning show that the economy continued to a seven-month trend of shedding jobs. July's bottom-line job-loss number was mitigated by an increase of 25,000 government jobs; private sector employment dropped by 76,000. Since January, the economy has lost 463,000 jobs. The unemployment rate also moved upward from 5.5 percent to 5.7 percent. In the past year, the unemployment rate has rise 1.0 percent as 1.6 million workers have become unemployed. (click to enlarge)

Last night, Senate Majority Leader Harry Reid (D-NV) filed a motion to proceed to a package of tax cuts commonly called the "extenders" for the third time this year. Senate Republicans have blocked consideration of the proposal twice before, insisting that the Senate continue to debate an energy market speculation bill until lawmakers add something dealing with gas prices. While it isn't clear if the Senate will reach the 60 votes necessary to begin debating the bill (the vote is this afternoon), it is certain that time is running out.