Obama 'offering to cut US pensions' for deficit deal BBC News ..."Millions of working people... will be extremely disappointed if President Obama caves in to the long-standing Republican effort to cut Social Security," Senator Bernard Sanders, a liberal independent from Vermont, said earlier this week...
March Job Growth MUCH Weaker Than Expected Talking Points Memo ...The U.S. economy added 88,000 jobs in march, according to an initial Bureau of Labor Statistics report, well below analyst expectations and suggesting a highly fragile economic recovery, and raising questions about whether sequestration is already proving to be a major drag on growth one month after it began indiscriminately cutting federal spending...
Bank of America $2.4 Billion Settlement Approved by Judge Bloomberg ...Bank of America Corp.’s $2.4 billion settlement with investors who lost money as a result of the bank’s acquisition of Merrill Lynch & Co. was approved by a federal judge...
Tax Dodging By Corporations And The Wealthy Cost Each Taxpayer $1,026 In 2012 ThinkProgress ...America’s largest corporations have stashed nearly $1.5 trillion in offshore tax havens like Bermuda, the Cayman Islands, and Ireland — countries where they do little business but claim massive profits due to low tax rates. As a result, corporate tax rates fell to a 40-year low in 2011 even as profits rose to a 60-year high...
Maine Rejects Tax Cuts For The Rich, Approves A Break For The Poor ThinkProgress ...Bucking the national trend of asking the poor to pay more in taxes while giving breaks to the wealthiest Americans, Maine’s House of Representatives this week approved an expansion of the Earned Income Tax Credit and rejected an attempt to cut capital gains taxes...
Farmers oppose land ownership rule changes Associated Press ...A group representing Wisconsin farmers said its lobbying agenda this spring will include opposition to Gov. Scott Walker’s plan to eliminate limits on foreign land ownership...
Florida House Passes ALEC-Linked Anti-Sick Leave, Anti-Living Wage Bill Florida Center for Investigative Reporting ...The GOP-led Florida House of Representatives passed a bill last night that would prohibit local governments in the state from implementing laws that extend paid sick leave benefits to workers...
Teamsters Local 777 Overwhelmingly Ratifies Contract at RTS Packaging Local 777 ...The agreement guarantees wages and benefits for approximately 120 manufacturing employees at the suburban Hillside plant, where workers produce an array of packaging supplies from corrugated materials to fiber partitions...
Teamsters switch to Wagner Pittsburgh Post-Gazette ...The Teamsters Joint Council 40 announced Friday that the group was endorsing Jack Wagner in the race for the Democratic nomination for mayor of Pittsburgh...
Teamsters Local 469 backs Fulop for JC mayor Politicker NJ ...The Executive Board of Teamsters Local 469 endorsed Steven Fulop for Mayor of Jersey City in the May 14 election, citing his support for working families...
