House Democrats and Republicans have reached an agreement to reauthorize the Export-Import Bank through 2014. Its charter is due to expire May 31. The bank provides loan guarantees to foreign corporations to purchase U.S.-made goods and services. In 2011, financing from the Export-Import Bank helped 3,600 private companies add nearly 300,000 jobs across the country.
In a broad statement today at its annual winter meeting in Lake Buena Vista, Fla., on “How to Fix What Is Wrong with Our Economy,” the AFL-CIO Executive Council details the step-by-step policy decisions by business and government and the rise of corporate power over the past decades that brought the economy to its knees and outlines ways to fix the economy for the long term.
Union bashing may the popular sport for Republican presidential candidates (click here for more). But a new report looks at some of the real stories about how unions and union members are having positive impacts on jobs, health care, education and their communities.
Jobless constituents of U.S. Rep. Paul Ryan are sitting-in at his Kenosha office demanding to speak with him about the jobs crisis and his job creation plans for Wisconsin—yet Rep. Ryan is nowhere to be seen.