Obamacare will reduce the hours Americans work by the equivalent of 2 million full-time jobs in 2017, the Congressional Budget Office said, sparking renewed Republican criticism of the law and a fresh defense from the White House.
John Kline , the incoming leader of the House of Representatives education committee, said he is considering measures to block an Obama administration plan to tighten for-profit colleges’ access to student aid.
The U.K. Financial Services Authority approved rules restricting guaranteed bonuses and up- front cash payments for banks’ proprietary traders and broker dealers in what is being described as a tier system.
Speedier union elections proposed by the National Labor Relations Board would be curbed by legislation from Representative John Kline, a Minnesota Republican who leads the committee that oversees labor policy.
The Republican-led U.S. House voted to curb the federal government’s role in elementary and secondary education -- defying a veto threat and the opposition of teachers’ unions and the U.S. Chamber of Commerce.