Small businesses and manufacturers carry a disproportionate share of the $2.023 trillion burden that federal regulations impose on the economy annually, according to a new study from the National Association of Manufacturers.
Tuesday's midterm elections ushered in a new Republican majority in the Senate, and incoming leader Senator Mitch McConnell is believed to have enough votes to overcome blocking tactics by Democrats when he puts forward legislation requiring approval of the $5.3-billion project....More
In my last blog post, I reported on Dan DiMicco’s keynote address on job creation at the third “Manufacturing in the Golden State – Making California Thrive” economic summit held October 16 in San Diego. The purpose of the summit was to discuss how several national and California policies are threatening the growth and prosperity of California manufacturers and what policies should be changed to help them grow and thrive....More
The combination of inversion activity reaching new heights and the Congressional deadlock has caused the Obama Administration to act unilaterally in an effort to make inversions less attractive....More
The stay halts enforcement of an October 9 decision by the Washington-based International Centre For Settlement of Investment Disputes that ruled Venezuela must pay the oil giant for seizing control of the project in 2007....More
After cracking down on tax havens abroad, U.S. authorities are taking aim at shell companies. The Obama administration raised the issue in its 2015 budget, and members of Congress have regularly submitted laws to fight shell companies....More