Capitol protests grow as Dems, unions worry GOP plans right-to-work bill Lansing State Journal ...Expectations are high that a right-to-work bill could be introduced in the state Capitol Thursday after more than a week of lawmakers and interest groups battling over the issue that has stirred huge controversy across the state...
WH 'Absolutely' Willing To Go Off 'Fiscal Cliff' ABC News ...President Obama's lead negotiator in the "fiscal cliff" talks said the administration is "absolutely" willing to allow the package of deep automatic spending cuts and across-the-board tax hikes to take effect Jan. 1, unless Republicans drop their opposition to higher income tax rates on the wealthy...
Pelosi: Dems must say No to raising Medicare eligibility age Washington Post ...“I am very much against that, and I think most of my members are,” Pelosi said in an interview with me today. “I don’t see any reason why that should be in any agreement...”
Top GOP Rep Wants ‘More Pain’ For Middle Class, While Preserving Tax Cuts For The Rich ThinkProgress ...Rep. Tom Price (R-GA) argued that raising marginal rates on the very rich would slow-down job creation but insisted that the nation’s debt problem requires the government to allow the payroll tax holiday to expire. Price said that individuals — presumably those who benefit most from the holiday — must feel “more pain” to help set the country on a sound fiscal footing...
Depression Deepens Greek Middle Class Despair With Crime Bloomberg ...For thousands of Greeks like Karagaitanaki, the fabric of middle-class life is unraveling. Teachers, salaries slashed by a third, are stealing electricity. Families in once-stable neighborhoods are afraid to leave their homes because of rising street crime...
Wall Street Bank Cuts 11,000 Jobs After Paying Ousted Executives $14 Million ThinkProgress ...The moves comes one month after Citigroup paid out nearly $14 million to two former executives, CEO Vikram Pandit and Chief Operating Officer John Havens, who were ousted for poor management...
Layoffs at CP Rail: The Teamsters Await Details Northumberland View ...The company has announced its intention to eliminate 4500 jobs, but has yet to meet with the leaders of the Teamsters Canada Rail Conference (TCRC) which represents conductors, yardmen, locomotive engineers and railway traffic controllers...
R.I.P. Former NY Teamsters Boss Thomas R. O’Donnell Deadline New York ...Thomas R. O’Donnell, the longtime leader of Teamsters Local 817, which controlled the transportation for every movie, TV and Broadway production in New York, has died of a heart attack at age 83...
