Democrats who control the General Assembly agreed to use federal pandemic-relief money to reduce that deficit by $2.7 billion last spring. Republicans urged that the federal money pay off the whole bill to spare businesses from having to pay the taxes.
“Following years of disruption and other challenges, it would have been an added burden many employers would have been unable to bear,” he said. And the amount of an employee's wages which may be taxed for unemployment insurance would be increased. Employers currently pay taxes on up to $12,600 in wages, but that base will increase 2.4% annually for five years, Devaney said.
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Business groups urge Congress to block potential rail strikeBusiness groups are increasing the pressure on lawmakers to intervene and block a railroad strike before next month’s deadline in the stalled contract talks. Biden delayed this until after the midterms, now he's stuck.
Source: chicagotribune - 🏆 8. / 91 Read more »
Business groups urge Congress to block potential rail strikeOMAHA, Neb. (AP) — Business groups are increasing the pressure on lawmakers to intervene and block a railroad strike before next month’s deadline in the stalled contract talks. A coalition of more than 400 business groups sent a letter to Congressional leaders Monday urging them to step into the stalled talks because of fears about the devastating potential impact of a strike that could force many businesses to shut down if they can't get the rail deliveries they need. Easy, give the workers whay they want. Done. 'The unions have asked the railroads to consider adding paid sick time to what they already offered to address some of workers’ quality of life concerns.' How exactly can you block a strike? Democratic Party does this and they’re done.
Source: AP - 🏆 728. / 51 Read more »
Business Groups Press Congress to Avert Potential Rail StrikePresident Biden called on Congress to pass legislation to avert a rail shutdown that could hurt the economy before the holiday season Can’t President Biden place his hand on the train, whisper in its ear, and calm it down? I thought he fixed this................... This from the guy that uses executive orders at a record pace, even when his party holds the House AND the Senate. Now all of a sudden he passes the buck to Congress.
Source: WSJ - 🏆 98. / 63 Read more »
Business groups urge Congress to take 'immediate' action to avert rail strikeMore than 400 business groups are calling on Congress to take 'immediate' steps to avoid a potential nationwide rail strike from damaging the economy. Don’t worry Biden has already taken care of the problem. That is what he said, in the press conference. Let’s see if the party of unions helps the unions or the big business. My guess it’s big business that wins the day I thought president Biden had taken care of the strike.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Dallas Baptist names Stephen Mansfield as dean for its college of business - Dallas Business JournalMansfield served as president and CEO of Methodist Health System in Dallas from 2006 to 2019. During his tenure, the $2 billion nonprofit tripled in size and was listed as one of the fastest-growing health care companies in the country.
Source: DallasBizNews - 🏆 525. / 51 Read more »