Home / News / BCA Washington Briefing (page 2)

BCA Washington Briefing

What a Government Shutdown Really Means

The U.S. House late Thursday approved yet another continuing government spending resolution, and sent it to the Senate where the political game of blinkmanship – as in who blinks first – must be settled by midnight tonight or the government’s legal authority to spend money in certain areas ends until …

Read More »

Tax Cut Bonuses, Wage Increases Keep on Coming

The National Association of Manufacturers has compiled a partial list of companies whose employees are benefitting from the projected cash flow savings from the Republican tax cut of 2017. These companies are authorizing hundreds of millions of dollars in wage increases and bonuses. Walmart, probably the nation’s largest retail employer, …

Read More »

Alabama Senator Doug Jones Takes Office

Alabama’s new U.S. senator, Doug Jones, took the oath of office on Wednesday, and succeeded U.S. Sen. Luther Strange who had been appointed a year ago to fill the unexpired term of U.S. Sen. Jeff Sessions, who became U.S. Attorney General. Vice President Mike Pence administered the oath of office …

Read More »

Alabama Gains Major Air Defense Wing

Governor Kay Ivey and state, local, and military officials on Thursday praised the announcement that the Alabama Air National Guard’s 187th Fighter Wing at Dannelly Field in Montgomery will be one of two locations in the United States that will house the new F-35A Joint Strike Fighter jet. Secretary of …

Read More »

U.S. Chamber Urges Push to Get Tax Reform Over Goal Line

The House and Senate are discussing a compromise tax bill and hope to get it to President Trump’s desk by the end of the year. Alabama’s two U.S. senators voted for the Senate version and all Republican members of Alabama’s House delegation voted for their version. The U.S. Chamber of …

Read More »

Small Businesses Could Win Big from Senate Vote on Tax Reform

The U.S. Senate at week’s end pushed the tax bill to an inevitable vote and included a popular provision for small businesses. Senate Republicans agreed to boost the deduction for pass-through businesses from 17.4 percent to 23 percent, The Hill reported. Many small businesses are so-called pass-through businesses that don’t have …

Read More »

House Passes GOP Tax Reform Bill 227-205

The House on Thursday voted to narrowly pass the Republican tax reform bill with 13 House Republican Members joining Democrats in opposition. No Democrats supported the bill. According to Politico, “The legislation would slash the corporate tax rate to 20 percent starting next year, down from 35 percent. It sets …

Read More »

U.S. House Passes Rep. Byrne’s Small Business Bill

The U.S. House this week passed U.S. Rep. Bradley Byrne’s “Save Local Business Act,” which he introduced to roll back National Labor Relations Board vague and expansive joint employer standards that will give small businesses and their employees peace of mind knowing they cannot be held responsible for actions of …

Read More »

House Tax Plan Would Cut Corporate Income Tax Rate by 43 Percent

The House income tax bill introduced Thursday would permanently cut the corporate income tax rate from 35 percent to 20 percent, a decrease of 43 percent. The tax cut would immediately ensure a more competitive American business climate when compared with businesses in foreign countries that have tax rates as …

Read More »