What Happened in Washington Last Week?

  Last week concluded the Second Session of the 114th Congress. The First Session of the 115th Congress kicks off on January 3, 2017.  They intend to get to work right away on a budget resolution to repeal Obamacare, cancel as many harmful Obama-era regulations as possible, and begin the confirmation process for the Trump Administration […]

Let’s Scrap Pension Systems Altogether

The Dallas Police and Firefighter pension system is a mess.  As with many big-city pensions that run the risk of bankruptcy, there are many factors that have contributed to the underfunding of the pension system: A generous system that allows workers to take lump sums from their pensions while remaining on the job (this is […]

What Happened in Washington Last Week?

Congress was in the throes of the lame duck session last week and will be this week: The House of Representatives passed the 21st Century Cures Act this week that increases federal research funding for the National Institutes of Health. Congress added provisions to the bill that combat opioid and other prescription drug addictions, as […]

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 […]