November 27, 2017
AWB
   
Fast Facts
Bringing Business Up to Speed
Federal Issues

U.S. Senate on 'unusually fast' march to vote on tax measure

Bloomberg reports that sweeping tax legislation is moving with unusual speed through the U.S. Senate after passing through the House this month within two weeks of its introduction.

“‘Unusually fast’ understates how remarkable this legislative process is,” said William Galston, a senior fellow in governance studies at the Brookings Institution. “One reason these bills are going through so quickly is they’re primarily about tax cuts and only secondarily about tax reform.” He noted that the last code rewrite, in 1986, included months of legislative deliberations.

Sen. Ron Johnson, R-Wisc., has complained about the pace and process of the tax bill, but Republican leaders on the Senate Finance Committee say it's standard practice for committees consider descriptions of proposals, rather than specific legislative text, as it did before passing the tax measure the week before Thanksgiving.

Senate leaders plan a vote on the bill after returning today from the holiday recess, possibly as early as this Thursday.

Contact Amy Anderson, AWB government affairs director for federal issues, to learn more.



« Back to Main
Investments Denied


State regulatory agencies are killing our jobs

By John Stuhlmiller, Washington Farm Bureau, and Lee Newgent, Washington State Building & Construction Trades Council

The time has come to have "the talk" about Washington's economy and the role of government.

In a nutshell, it's not working.

For months now, regulatory agencies have been taking action that is basically killing jobs and private investment in our state. This has occurred in communities outside of Seattle and King County, where the economy has been slower to recover and tech jobs are few and far between...

In Longview, the Department of Ecology usurped five years of state regulatory process, denying Millennium Bulk Terminals a water quality permit for a proposed export terminal based on criteria wholly unrelated to water quality...

Another major regulatory hurdle interestingly also involving Ecology: the Hirst fix. This fight over water resources has held up the state's $4.2 billion capital budget for months now, putting construction for residential homes, K-12 schools and mental health facilities on hold -- along with the local jobs those projects create. This is to say nothing of the impact on rural landowners who find themselves with land, and wells, they cannot use.

Absent clarity from the state, this stalemate will likely drift on, leaving rural communities in the lurch...

Read the full op-ed in The Seattle Times
Necessary to Compete Overseas


America needs a strong Ex-Im Bank

By Meghan Milloy, director of financial services policy at American Action Forum

A fully functional Ex-Im Bank is important to strengthen American competitiveness abroad. There are 27 countries that require support from an export credit agency before they will even consider a bid from an international company.

When Congress allowed Ex-Im's authority to expire in 2015, General Electric announced that it was forced to move 500 jobs to France as a direct result of lost export credit agency support, as 80 percent of its total sales for aviation-related turbines came from those 27 countries over the past three years. Many of the commercial aircraft deals awarded to Airbus, in contrast, benefitted from France's export credit agency...

If U.S. companies do not have a fully functional Ex-Im Bank, barring them from competing for many projects in these major markets, we can expect to see more jobs move overseas.

For an administration with an "America first" agenda, it is imperative that the remaining board nominees be confirmed, and that Ex-Im has a president who will support sufficient levels of export credit to keep jobs and companies in the United States.

Read the full op-ed in The Hill
Upcoming Events
«

Sep

»
SMTWTFS
      1
2345678
9101112131415
16172122
23242526272829
30123456

«

Oct

»
SMTWTFS
 123
13
14151617181920
2124252627
28293031123