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Tag: Economy
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Speaker Ryan’s Trip to Israel Sends All the Right Signs

Posted: April 4, 2016 at 8:54 am   /   Politics

Rep. Paul Ryan, R-Wisc., is in Israel on his first foreign trip as Speaker of the House. As much as security and geopolitical relations will be at the forefront of the visit, the economic bonds between the two free-market democracies need attention too. Vibrant economic growth is vital to Israel’s resilience and an important element […]

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Illinois Town Among New Fronts on Nation’s Right-to-Work Map as Supreme Court Deadlocks

Posted: April 1, 2016 at 1:34 pm   /   Politics

Despite the lack of a definitive ruling from the U.S. Supreme Court on the constitutionality of mandatory union dues, workers across the nation have ample opportunity to challenge why they’re forced to pay for political activism they don’t support. That’s clear from a state-by-state map that measures the current level of worker freedom in both […]

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Washington Spending Still Rising. Kids Born in 2016 Hold $42,000 in Public Debt

Posted: April 1, 2016 at 12:42 pm   /   Politics

Out of control spending drives national debt to unsustainable levels and the government knows it. The recently published 2017 fiscal year House Congressional Budget Resolution even features a chart titled “Spending is the Problem.” But Congress needs to practice what it preaches. The very same document proposes spending $57 billion more on discretionary programs than […]

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March Employment Report Shows Labor Market Growing

Posted: April 1, 2016 at 7:49 am   /   Politics

The March employment report showed continued growth in the labor market. While the Bureau of Labor Statistics found unemployment ticking up 0.1 percentage point, the good news was greater labor force participation and 215,000 new jobs created during the month. The payroll survey found widespread job growth throughout the service sector. The retail trade (+48,000), […]

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Lawmakers Debate What Kind of Lifeline to Throw Drowning Puerto Rico

Posted: March 31, 2016 at 2:34 pm   /   Politics

Republicans, Democrats, and Wall Street investors agree lawmakers must do more work on a plan to save Puerto Rico from looming fiscal disaster. They just disagree on the direction Congress should take to tackle the problems plaguing the U.S. territory. A rough draft released Tuesday by House Natural Resources Chairman Rob Bishop, R-Utah, wasn’t warmly […]

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Will This New Labor Department Rule Give Unions an ‘Edge’?

Posted: March 30, 2016 at 4:34 pm   /   Politics

The Labor Department is imposing regulations requiring more information to be disclosed about agreements between employers and labor relations consultants. The new “persuader” rule, which takes effect April 25, interprets a section of the Labor-Management Reporting and Disclosure Act of 1959 covering employers and the consultants they hire. The House Committee on Government Oversight and […]

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Grim Budget Projections Highlight Serious Need For Conservative Budget

Posted: March 30, 2016 at 9:01 am   /   Politics

The Congressional Budget Office (CBO) recently released its updated budget estimates for 2016 to 2026. As expected, the report reiterates the grim projections reported by Congressional Budget Office in January. The message is clear; spending, deficits, and debt are rising at an unsustainable rate that is leading the nation down a path to fiscal disaster. […]

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House Republicans Float Proposal to Fix Puerto Rico’s Budget Mess

Posted: March 30, 2016 at 7:23 am   /   Politics

House Republicans released draft legislation Tuesday designed to help Puerto Rico weather a fiscal storm through comprehensive audits of the protectorate’s finances and restructuring of its debts. Released as a “discussion draft” by Natural Resources Chairman Rob Bishop, R-Utah, the bill addresses Puerto Rico’s ballooning $70 billion debt. The bill “will change,” Bishop said in a […]

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For California Teacher Taking on Unions, Supreme Court Ruling Isn’t the End of Her Case

Posted: March 29, 2016 at 2:09 pm   /   Politics

Two years after California teacher Rebecca Friedrichs first mounted her challenge to public-sector unions, she’s hearing the same thing today that she’s heard from fellow teachers all along: keep fighting. The Supreme Court ruled 4-4 Tuesday in the case which bears her name, Friedrichs v. California Teachers Association, leaving in place agency fees public employees […]

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