John's Feed
Sep 15, 2011

1 U.S. House sides with Boeing on labor vote

WASHINGTON, Sept 15 (Reuters) – The U.S. House of
Representatives, stepping into a labor dispute that has become
a political issue, approved legislation on Thursday to limit
enforcement powers of a federal labor board in its complaint
against Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz).

The Republican-sponsored measure targeting the National
Labor Relations Board is unlikely to be enacted due to
opposition in the Democratic-led Senate, which is not expected
to bring any similar measure up for a vote.

Sep 15, 2011

US Senate wrangling threatens transport shutdowns

WASHINGTON, Sept 14 (Reuters) – A U.S. senator’s objection
to federal spending on bike paths and scenic projects
threatened on Wednesday to hold up action by Congress that
would avert shutdowns of aviation and highway programs and a
lapse of gasoline taxes.

The maneuver by Republican Tom Coburn raised the prospect
of Congress failing for the second time this summer to meet its
own deadline for fully funding transportation programs, which
in recent years have been kept alive by short-term funding
renewals.

Sep 14, 2011

Contractors battle against further military cuts

WASHINGTON (Reuters) – Defense contractors launched a broad lobbying campaign on Wednesday to drum up public support for holding the line on U.S. military spending cuts.

Alarmed at the prospect of Congress dictating steep new reductions on top of more than $350 billion in cuts already in the pipeline from Pentagon streamlining, contractors based their urgent appeal on economic as well as national security grounds.

Sep 14, 2011

Contractors appeal for no more military cuts

WASHINGTON (Reuters) – Defense contractors launched a new lobbying campaign on Wednesday to drum up public support for holding the line on U.S. military spending cuts.

Alarmed at the prospect of Congress dictating steep new reductions on top of more than $350 billion in cuts already in the pipeline from Pentagon streamlining, contractors based their urgent appeal on economic as well as national security grounds.

Sep 10, 2011

Congress set to avoid US transport shutdowns

WASHINGTON, Sept 9 (Reuters) – Legislation emerged in
Congress late on Friday that would allow the U.S. government to
avoid shutdowns of aviation and highway construction programs
this month.

While final details must be ironed out, a single bill that
could be formally proposed on Monday at the earliest in the
House of Representatives would address both issues and set the
stage for quick passage next week, a congressional aide said.

Sep 9, 2011

Reuters Summit-UPDATE 1-U.S. aerospace/defense stresses jobs

WASHINGTON, Sept 8 (Reuters) – U.S. military contractors are
more than ever promoting the stimulative impact of their business
on jobs and the economy as Congress mulls steeper cuts in defense
spending to reduce the budget deficit.

With job creation a political priority amid 9.1 percent
unemployment, defense industry executives are applying pressure
with $330 billion in cuts already in the pipeline and billions
more possible through the early part of the next decade.

Sep 9, 2011

U.S. aerospace/defense stresses jobs

WASHINGTON (Reuters) – U.S. military contractors are more than ever promoting the stimulative impact of their business on jobs and the economy as Congress mulls steeper cuts in defense spending to reduce the budget deficit.

With job creation a political priority amid 9.1 percent unemployment, defense industry executives are applying pressure with $330 billion in cuts already in the pipeline and billions more possible through the early part of the next decade.

Sep 9, 2011

Reuters Summit-US aerospace/defense stresses jobs

WASHINGTON, Sept 8 (Reuters) – U.S. military contractors
are more than ever promoting the stimulative impact of their
business on jobs and the economy as Congress mulls steeper cuts
in defense spending to reduce the budget deficit.

With job creation a political priority amid 9.1 percent
unemployment, defense industry executives are applying pressure
with $330 billion in cuts already in the pipeline and billions
more possible through the early part of the next decade.

Sep 9, 2011

Reuters Summit-Facing cuts, US aerospace/defense stresses jobs

WASHINGTON, Sept 8 (Reuters) – U.S. military contractors
are more than ever promoting the stimulative impact of their
business on jobs and the economy as Congress mulls steeper cuts
in defense spending to reduce the budget deficit.

With job creation a political priority amid 9.1 percent
unemployment, defense industry executives are applying pressure
with $330 billion in cuts already in the pipeline and billions
more possible through the early part of the next decade.

Sep 7, 2011

Obama pitch on roads an uphill prospect

WASHINGTON (Reuters) – President Barack Obama’s call to boost transportation spending will be a hard sell to a divided Congress, which must urgently address near-term infrastructure needs to simply save jobs, not create them.

Obama will promote in a speech on Thursday more robust investment in road and bridge construction as part of a comprehensive agenda to upgrade infrastructure and revive a stalled economy defined by 9.1 percent unemployment.