U.S. Secretary of Labor Thomas Perez had his mouth wide open when he learned Shane Harmon, the 23-year-old graduated apprentice who had just handed him an air bag cover fresh from a mold press, already owns a home.
Perez and U.S. Reps. Virginia Foxx and Robert Pittenger on Tuesday toured Mooresville-based Ameritech Die and Mold Inc., one of the five partners of Apprenticeship 2000, to… Read more »
More American workers would qualify for overtime with a plan President Barack Obama is proposing.
Right now, any salaried employee paid more than $455 a week, or about $23,600 a year, can be called a “manager” and doesn't have to be paid overtime. The president wants salaried employees earning up to about $50,400 to be able to earn overtime.
President Obama said the… Read more »
The U.S. Supreme Court on Monday handed down a decision against the U.S. Environmental Protection Agency’s Mercury and Air Toxics Rule, a rule implemented in April to reduce some of the most toxic air pollution from coal-fired power plants, though Duke Energy officials say the decision will not have any immediate effect.
The justices, split 5-4, ruled that the EPA did not adequately… Read more »
WASHINGTON – Rep. Virginia Foxx, R-N.C., today voted in favor of trade promotion authority, or TPA, legislation, which would impose congressional accountability to the president’s trade negotiation efforts through enhanced oversight and additional transparency.
“There have been many mischaracterizations of what TPA is. The allegation that TPA is something for President Obama is… Read more »
WASHINGTON – Rep. Virginia Foxx, R-N.C., today voted in favor of legislation that would permanently repeal Obamacare’s 2.3 percent excise tax on medical devices.
“When the Democrat-controlled Congress rammed the so-called Affordable Care Act through this chamber, I joined my Republican colleagues in expressing our grave concerns over the effects of the law’s tax increases.… Read more »
A House employment subcommittee pushed Secretary of Labor Thomas Perez on Wednesday to explain how a proposed fiduciary duty regulation for financial advisers who work with retirement savers will affect adviser-client relationships and the quantity of lawsuits advisers deal with.
The department's plan is to make advisers act in the best interest of their customers if they get paid to… Read more »
The U.S. House voted Tuesday to give itself more time to try to salvage President Barack Obama’s faltering trade agenda.
House members will now have until July 30 to reconsider a vote on trade-adjustment assistance that failed last Friday. House leaders originally planned to bring up the issue early this week.
The House voted 236 to 189 for the extension, including it in a rule for… Read more »
WASHINGTON – Rep. Virginia Foxx, R-N.C., today voted in favor of legislation that would simplify and make permanent the research and development tax credit.
“For over 30 years, companies large and small have taken advantage of the R&D tax credit to foster innovation and keep America competitive. However, the uncertainty surrounding the credit’s annual extension has ultimately… Read more »
WASHINGTON – Rep. Virginia Foxx, R-N.C., today praised passage of bipartisan legislation that would help prevent future cyberattacks by making it easier for private entities to share cybersecurity information.
“In 2013 there were 46,605 cyber breaches in the federal government, and it’s estimated that $445 billion is lost annually to cybercrime across the world economy,” said Foxx.… Read more »
WASHINGTON – Rep. Virginia Foxx, R-N.C., has introduced legislation to stretch the limited funds available to the Highway Trust Fund by exempting it from the Davis-Bacon Act’s outdated, wasteful labor requirements for federal-aid highway and public transportation projects.
“With Highway Trust Fund deficits expected to hit $157 billion by 2024, it makes sense to exempt the fund from… Read more »
