Not So Fast On the Overtime Rule, Says Judge

Last week, a U.S. District judge issued a preliminary injunction against the Department of Labor’s new overtime pay rule, scheduled to take effect on Thursday.  The rule doubles the threshold under which salaried employees are required to receive overtime pay.  The NCPA published two reports on the negative effects of this rule and potential job losses as a […]

Is Seattle’s Minimum Wage Being Passed on to Consumers?

Last week, voters in Washington state approved a statewide hike in the minimum wage to $13.50 an hour by the year 2020.  The current minimum wage of $9.47 an hour would jump to $11.00 an hour on January 1 and would incrementally increase thereafter.  Voters also approved mandatory paid sick leave for employees.  In areas […]

A Recap of Last Week in Washington, from NCPA’s Legislative Director

Last Friday we saluted our nation’s military veterans, the great men and women who have served our nation in uniform. The signers of the Declaration of Independence pledged their lives, their fortunes and their sacred honor to establish a free nation. No other group of people has done more to maintain that pledge than America’s […]

Three Reasons Donald Trump Won

Donald Trump’s stunning victory last night left media and political pundits shocked and in some cases, horrified.  But for anybody who has not benefited from the post-2008 economic recovery (and there are still many), this upset came as no surprise.  Here are three factors I believe that the media and pundits underestimated. Despite an economic “recovery,” […]

What Will A Lame Duck Congress Address Post-Election? And Other D.C. Updates…

Next week’s election will determine whether Hillary Clinton or Donald Trump will live at 1600 Pennsylvania Avenue. Meanwhile, here’s what’s going on in Washington this week: In the final jobs report before the election, the Department of Labor reported an additional 161,000 jobs added to the economy. NCPA Senior Fellow Pam Villarreal explains why such […]

What’s In An Unemployment Rate?

More than you might think.  The Bureau of Labor Statistics reported today that October’s unemployment rate was 4.9 percent, one-tenth of a point lower than September.  For six out of the past 10 months the unemployment rate has been at 4.9 percent, but how do the numbers behind the rate compare when it was 4.9 percent […]

What’s Up in Washington This Week?

Congress is still in recess. All eyes are on the election in less than two weeks — and the next several days are certain to be active (especially if you live in a battleground state)!  The Democratic candidate has $172 million to spend, while the GOP candidate only has $73 million, so look for a […]

What’s Up In Washington This Week?

Congress is still in recess, which leaves Capitol Hill looking like a ghost town. That doesn’t mean individual members of Congress aren’t working overtime to get re-elected.  Congressional Republicans are trying to fend off efforts by Democrats to win a majority of seats in both the Senate and the House of Representatives (although Republicans are […]

The Truth About Social Security (That Was Ignored in the Debate)

Last night, both presidential candidates touched on Social Security and Medicare. I literally mean the word “touched” because there was not enough discussion of entitlements for me to conclude that either candidate “grasped” the subject. First, let’s look at Social Security. The annual Trust Fund report was quietly released in June of this year with […]

Will Wednesday’s Debate Delve Into Policy, or Am I Asking Too Much?

The last two debates have been dreadfully disappointing as far as the candidates addressing any substantive economic issues.  Based on studies from the NCPA’s Tax Analysis Center, Clinton’s and Trump’s economic plans produce vastly different results.  This is not surprising, of course, since these plans are predicated on different visions for the economy.  Mrs. Clinton wants […]