U.S. Chamber responds to President Obama’s economic speech
WASHINGTON, D.C. – Bruce Josten, Executive Vice President for Government Affairs for the U.S. Chamber of Commerce, issued the following statement in response to President Obama’s economic speech today:
“The best way to get this economy growing fast enough to create jobs and drive the unemployment rate down is to ensure that taxes do not increase for consumers and businesses. Leaving income in the hands of consumers is the best way to encourage spending and leaving income in the hands of businesses both large and small is the best way to spur investment and job creation.
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NFIB: North Carolina insurance premiums to rise because of healthcare reform law
RALEIGH, N.C. — Gregg Thompson, North Carolina state director for the National Federation of Independent Business, released the following statement in response to the recent announcement that Blue Cross Blue Shield of North Carolina has asked the N.C. Department of Insurance to approve rate increases for two of their plans due to the federal healthcare law:
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U.S. Chamber: SEC special interest proxy access rule is giant step backwards for investors
WASHINGTON, D.C. — David Hirschmann, president and CEO of the U.S. Chamber’s Center for Capital Markets Competitiveness, recently issued the following statement on the SEC’s adoption of a so-called “proxy access” rule:
“This special interest-driven rule is a giant step backwards for average investors. Using the proxy process to give labor union pension funds and others greater leverage to try to ram through their agenda makes no sense. Instead of giving some investors front-of-the-line passes, the SEC should be focused on advancing the interests of all investors, including retail investors. The Chamber will carefully review the rule that was approved today and will continue to fight this flawed approach using every method available.
Opinion: Government Knows Best – Federal Agencies Plow Ahead Without Public Input
by Randel Johnson and James Gelfand
If you were dismayed by the backroom deals and political horse trading that brought you the massive health care and financial reform bills, hold on to your hats—you ain’t seen nothing yet!
Americans have long been fascinated—and often disgusted—by how Congress passes laws. Many citizens became irate when they learned that most members of Congress hadn’t even read the health care bill, which clocked in at about 2,300 pages. Speaker Nancy Pelosi said famously, “We need to pass the health care bill to find out what’s in it.”
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N.C.’s ‘Move Over’ law expanded to help protect utility crews
RALEIGH, N.C. — Progress Energy distributed a press release yesterday announcing its support for recently approved changes to North Carolina’s “Move Over” law, which aims to protect emergency service workers on the state’s roadways. The changes, which go into effect Dec. 1, will modify the law’s existing definition of a public-service vehicle to include those driven by electric-utility workers responding to outages or other emergencies.
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Opinion: No Surprise on ObamaCare Costs
John Hood
by John Hood
A new study in the Journal of the American Medical Association is being described as “surprising” because it undercuts the promise of ObamaCare to cut health care costs by reducing emergency-room visits.
I have no doubt that some politicians and activists in North Carolina and beyond have found the study’s conclusions surprising. But they shouldn’t have – the truth about emergency-room costs has been clear for years to those willing to look at the evidence.
Pantano and McIntyre to debate Friday, Aug. 20
WILMINGTON, N.C. –Republican Congressional candidate Ilario Pantano will debate incumbent Democrat Mike McIntyre this Friday, Aug. 20 at the McKeithan Center on the Cape Fear Community College North Campus.
The debate, which begins at 7 p.m., is sponsored by the Greater Wilmington Chamber of Commerce. Doors will open at 6:45 p.m., and the forum will air live on WECT-TV6. WECT news anchor Jon Evans will moderate the debate.
Seating for the Congressional Forum is limited. Wilmington Chamber members who make reservations will have reserved seating.
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Opinion: Time for a Reading Revolution
John Hood
by John Hood
Every passionate reader has a first literary love – that first book that captured your attention and inspired your desire to explore and understand.
For me, it was a true classic: A Child’s History of the World. First published in 1924, the book was the product of the innovative mind of Virgil Hillyer, the Harvard-trained headmaster of the Calvert School in Baltimore. After many years at the helm of the school, Hillyer realized that there were many children whose families couldn’t afford tuition but who would benefit from high-quality instruction. So he convinced Baltimore booksellers to sell his curriculum directly to families.
64% Support Offshore Oil Drilling, 55% Favor Deepwater Drilling
With news reports that the disaster in the Gulf of Mexico may not be nearly as bad as has been long thought, support for offshore oil drilling has tied its highest level of support since the Gulf oil leak began. Similarly, a new Rasmussen Reports national telephone survey finds that support for deepwater drilling like that which caused the incident in the Gulf is up to 55%.
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57% Say Health Care Plan Bad For the Country, 59% Favor Repeal
According to a poll by Rasmussen Reports voter pessimism towards the new national health care bill has reached an all-time high, while the number of insured voters who feel it will force them to switch their coverage is up 11 points from early last month.
The survey finds that 57% of likely U.S. voters say the recently passed health care law will be bad for the country. That’s the highest level of pessimism measured since regular tracking began following Congress’ passage of the law in late March. Thirty-two percent (32%) say the health care plan will be good for the United States.
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