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Tag: Economy

How Obama Has Made It Harder for Companies to Hire

Posted: June 10, 2016 at 1:40 pm   /   Politics

Government data released on Wednesday shows the number of private-sector job openings was at an all-time high in April. Companies, however, hired the fewest number of people on a seasonally adjusted basis in nine months. Why the disparity? The JOLTS (Job Openings and Labor Turnover Survey) data the government released show that there were 5,289,000 […]

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Govenrment Blesses ICANN Transition: Remaining Concerns and New Questions

Posted: June 10, 2016 at 6:53 am   /   Politics

The Obama administration first announced its intent to end the historical U.S. contractual relationship with the Internet Corporation for Assigned Names and Numbers (ICANN) in March 2014 and transition its stewardship of key Internet domain name functions to the global multi-stakeholder community. The transition was originally supposed to occur at the end of Sept. 2015, […]

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House-Passed Debt Relief for Puerto Rico Splits Conservatives

Posted: June 10, 2016 at 3:01 am   /   Politics

About the only thing conservatives agree on about legislation the House passed Thursday night providing rescue to Puerto Rico’s debt crisis is that it’s not a bailout. “There are good reasons to be for the bill, and there are good reasons to be against the bill, but this is not a bailout,” said Rep. Mick Mulvaney, R-S.C., […]

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BREAKING: Senators Ready Bill to Stop DOJ From Bankrolling Liberal Groups

Posted: June 9, 2016 at 8:59 pm   /   Politics

The Senate may take steps to end a Justice Department slush fund that has channeled millions of dollars in banking settlements to outside organizations, including left-wing groups such as La Raza and NeighborWorks America. Four Republican senators—James Lankford of Oklahoma, Ted Cruz of Texas, and Utah’s Orrin Hatch and Mike Lee—said they would introduce legislation […]

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Senate Democrats Attempt to Bring Export-Import Bank Nominee to Senate Floor

Posted: June 9, 2016 at 9:59 am   /   Politics

In what amounts to little more than a political stunt, Senate Democrats attempted to circumvent the Senate Banking Committee on Thursday and bring a nominee to the Export-Import Bank’s board of directors directly to the floor. However, Senate Banking Committee Chairman Richard Shelby, a Republican from Alabama, objected to the efforts, triggering a debate from […]

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Business Owners ‘Nervous and Unhappy’ After San Diego Raises Minimum Wage to $11.50

Posted: June 8, 2016 at 2:27 pm   /   Politics

San Diego residents on Tuesday voted to raise the city’s minimum wage to $11.50 an hour beginning Jan. 1, producing an outcome that left few surprised but small business owners feeling resigned and disappointed as they now work to address increased labor costs. More than 60 percent of San Diego voters supported Proposition I, a […]

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Congress’s Proposal to Restrict Legal Proceedings in Puerto Rico Debt Crisis Could Trigger Chaos

Posted: June 8, 2016 at 1:01 pm   /   Politics

The rule of law requires an orderly and predictable judicial system that guarantees citizens the right to seek redress through the courts for wrongs they suffer. Congress’s proposal to address Puerto Rico’s economic and fiscal crisis through the Puerto Rico Oversight, Management, and Economic Security Act (PROMESA) throws all that aside by implementing a stay […]

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Rand Paul Waste Report Highlights $25 Million Climate Change Project

Posted: June 8, 2016 at 8:53 am   /   Politics

Sen. Rand Paul, R-Ky., outlined the federal government’s decision to fund a multimillion-dollar Philippines disaster preparation project in a new edition of The Waste Report. According to the report titled, “Rising Tide of Waste in the Philippines,” “the United States Agency for International Development (USAID) plans to invest as much as $24.7 million as part […]

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7 Key Provisions to Dodd-Frank Reform Bill

Posted: June 8, 2016 at 7:52 am   /   Politics

The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act is among the most inappropriately named laws ever enacted in the U.S. It neither reformed Wall Street nor protected consumers, and it imposed massive new regulations on banks far away from Wall Street. House Financial Services Committee Chairman Jeb Hensarling, R-Texas, has long recognized how […]

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