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With the election over, state legislatures will begin meeting early next year to deal with, among other things, state budgets. Of course, it is no secret that virtually every state is facing serious financial difficulties, and, let’s face it, significantly decreased tax revenue over the past few years. So, balancing the budgets won’t be easy.
I was just reading this post over at WINS 1010 concerning Gov. David Paterson’s (D-N.Y.) problem with the unions after his plans might result in – God forbid – state employee layoffs. I noted the state employs 200,000 workers. Guess how many Ford Motor Company has?
A provision in Obamacare would collect a fee from health insurance companies and third-party administrators (TPAs) of administrative services only (ASO a.k.a. self-insured) group health plans, to fund a reinsurance program to help “stabilize” premiums available through the exchanges. A significant number of unions are self-insured. Unions were pissed they had to pay this fee…
Detroit is broke, and as we learned yesterday afternoon, the broken city has filed Chapter 9 bankruptcy. If accepted by the courts, it will allow city leaders to restructure their debt. But who gets to do the restructuring?
Staying classy! Karen Lewis, the president of the Chicago Teacher’s Union also claims she was “a girl who could throw a perfect slider” when she was growing up. OK, I don’t believe that for a second, but we do know she believes the rich, white people in Chicago are a problem for the cities school system.
Republican Governor Scott Walker of Wisconsin was able to obtain the passage of new laws dealing with public sector unions in Wisconsin. Their employees now actually have to shoulder the burden of paying something close to the value of their health insurance coverage and their future pension costs. But, there was another interesting provision of…
The volunteers who staff the Sissonville, W.Va. Fire Department have been working for more than 16 months to collect donations and government funding to rebuild their fire station after it burned to the ground in Oct. 2010. I know, ironic. After getting an estimate of $1.2 million to build and raising the funds through a variety…
We told you earlier about a bill pending in the Indiana legislature that would make Indiana a “right to work” state. Should the bill pass, unions will not be banned from Indiana. Rather, Indiana workers will have the right to choose whether or not they want to be part of a union at their workplace, and, whether…
Perhaps as early as tomorrow, the Indiana legislature will consider a bill that would make Indiana a “right to work” state. That is, if the Democrats in the legislature condescend to show up for the session.
Today, Hostess Brands Inc., maker of Wonder Bread, and Hostess Twinkies, filed for Chapter 11 bankruptcy. Recently, it incurred an annual loss of over $300 million, but, that may not be the entire story.