Representative Kevin Brady of Texas, chairman of the Joint Economic Committee, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that a Republican plan to revise the U.S. tax code will benefit large banks by helping them stanch job losses within the industry.
The United Auto Workers could be forced to reconsider its efforts to organize at foreign-owned factories in the U.S., a labor expert said, as the union vowed to keep fighting after losing a closely watched vote at Volkswagen AG’s Tennessee plant.
Opponents including a Tennessee U.S. senator are warning employees that voting for the United Auto Workers at a Volkswagen AG assembly plant in Chattanooga would bring the kind of economic malaise that crippled Detroit.
The United Auto Workers lost its bid to organize workers at a Volkswagen AG factory in Tennessee, a setback in its effort to gain a foothold in the U.S. South and a victory for Republicans who urged voting against the union.
The United Auto Workers lost its bid to organize workers at a Volkswagen AG assembly factory in Tennessee, a setback for its long-term goal of gaining a foothold in manufacturing plants in the U.S. South.
When members of the House Budget Committee gathered over sandwiches to meet with the leaders of President Barack Obama ’s debt commission in Washington, former Senator Alan Simpson delivered a warning.