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Business groups alarmed by rise of ‘micro-unions’ in workplace

Business groups are sounding the alarm over decisions from the National Labor Relations Board (NLRB) that they say would make it easier for small groups of people to create “micro-unions” in the workplace.

EPA keeps burning bridges

The EPA's waters of the U.S. rule continues to raise red flags for agriculture.

CBO says US deficit levels are unsustainable

Washington’s failure to contain entitlement spending is biting into the nation’s long-term fiscal outlook, the Congressional Budget Office warned in a Tuesday report that found the nation’s debt would jump to 106 percent of gross domestic product (GDP) in 2039.

SBA honors Illinois Family-Owned Business of the Year

On Thursday June 26, more than 200 members of Illinois’s business community gathered to celebrate SBA’s 2014 Illinois Small Business of the Year Awardees. Among those honored was Harrisburg’s M & S Implement Company.

Feds to cut road payments in peak summer driving season

The federal government will start reducing road and transit payments in August, potentially leaving states scrambling to cover the gap.

With U.S. infrastructure funding set to run out, Transportation Secretary Anthony Foxx said Tuesday that the continued failure of Congress to help the Highway Trust Fund has forced him to cut back on project reimbursements.

NAEDA Stock report 6/16/14

Markets End in Positive Terrain as Mergers Overpower Iraq Fears

Although turmoil in Iraq churned up market volatility this month, a slew of strong economic data kept markets on the upswing. As our trading session ended June 16, 2014, homebuilder sentiment and solid manufacturing data pushed Wall Street ahead. When we started our session, a survey from HSBC indicated that the slowdown in the Chinese economy was weakening, and a reading on Chinese manufacturing in May revealed the best numbers in five months. The Thomson Reuters/University of Michigan's final May consumer sentiment reading was 81.9, down from 84.1 the month previous and below the 82.5 expected by economists surveyed by Reuters.

EETC is pleased to announce the addition of Briggs & Stratton’s Training Kits and Curriculum

The Equipment & Engine Training Council is pleased to announce the addition of Briggs & Stratton’s Training Kits and Curriculum to the online EETC Education Resources Web Site. 
Tom Billigen, Briggs & Stratton Customer Education Training Manager, commented that, “the need for hands on, experience-based training is becoming increasingly important to schools and the communities they serve. Working with the EETC and its membership to provide that support makes sense.”

House passes bill boosting write-off limits for capital purchases

WASHINGTON, June 12, 2014 -- The House passed legislation Thursday that would make permanent a tax provision that allows farmers and other small businesses to immediately write off up to $500,000 in equipment purchases such as combines and large tractors rather than follow a depreciation schedule.

LIFO Coalition seeks contributions

The LIFO Coalition is seeking contributions to fund a new grass roots campaign to preserve LIFO in any new tax reform package that may come out of the House or the Senate. With the long-awaited release of the Tax Reform Act of 2014, the LIFO accounting method is once again under threat from policymakers in Washington.  Make no mistake- the threat is bipartisan, the issues complex and the consequences of failure to preserve LIFO enormous and far-reaching. 

While House Ways and Means Committee Chairman David Camp’s (R-Mich.) proposal is dead in the water in this session of Congress, the likelihood of its provisions serving as a baseline for future legislative consideration, or negotiation, in 2015 is profound.  Accordingly, the Coalition believes a wide spectrum of stakeholders can and should take action now to ensure LIFO is not relegated to the role of “poor cousin” to more visible, politically potent tax reforms or pay-for requirements in the not too distant future.

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From the NAEDA Office

A Brief Respite From Task Group Updates Legislative and educational opportunities within the coming months.

Last month, I promised an update on the progress of the Governance/Structure Task Group. However, this month, I need to briefly change the focus of this column in order to provide timely information on a couple of upcoming opportunities.


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