May 13, 2013

  • CHN: Tax Reform: A Long Shot

    Republicans have started to set their sights on enacting tax reform and on more spending cuts, by making these goals the price of raising the federal debt limit. On May 7, the Washington Post quoted House Budget Committee Chairman Paul Ryan (R-WI) as saying, “The debt limit is the backstop…we need to get a downpayment on the debt; we need entitlement reform; we’re very serious about tax reform because we think that it is critical to economic growth and job creation.” In addition, interest in reforming the tax code has led to bi-partisan work in House and Senate committees to spell out options. Read More »

    Posted in Tax Policy | Comments Off on CHN: Tax Reform: A Long Shot
  • CHN: New Legislation Gives Working Families a Pay Cut, Not Increased Flexibility

    On Wednesday, May 8, the House passed the Working Families Flexibility Act of 2013 (H.R. 1406), introduced by Representative Martha Roby (R-AL). The measure, passed by a vote of 223-204 along party lines, seeks to amend the Fair Labor Standards Act of 1938 (PL-75-718) to give private companies the ability to offer employees the choice of receiving regular paid time off instead of overtime pay for hours worked over the standard 40 hours per week. Currently, employees in blue-collar jobs get time and a half for overtime hours worked. Read More »

    Posted in Labor and Employment, Poverty and Income | Comments Off on CHN: New Legislation Gives Working Families a Pay Cut, Not Increased Flexibility
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