Page 3 - Bacon Act News Today

Abstract: The Obama Administration’s $862 billion stimulus bill was an expensive failure that increased the federal deficit, contributed to America’s deteriorating fiscal health, and failed to reduce unemployment. Instead of repeating this mistake, Congress should alleviate business fears and economic uncertainty by maintaining the current tax policy (extending the 2001 and 2003 tax rates) and freezing costly new regulations.

The National Governors Association (NGA) recently asked Congress for a federal bailout of $500 billion in unrestricted money.

The Status of the U.S. Military With clear threats in many corners of the globe challenging U.S. security and interests, one would assume the nation is investing more into its military. Yet for years the opposite has been the case. Whether through the “peace dividend” of the 1990s, the efficiency initiatives under Defense Secretary Robert Gates, or the Budget Control Act of 2011 and its subsequent sequestration-level cuts, the military has been continuously handicapped in its ability to meet...

Obamacare—the massive health care law passed in March—constitutes the largest expansion of government since the Great Society. Americans have voiced their strong opposition, but the Obama Administration is determined to force-feed the new medicine. The Administration’s vision of health care is based on the premise that the federal government can—and must—control the details of health care financing and delivery across the country. The Patient Protection and Affordable Care Act (PPACA) ...

The Davis–Bacon Act (DBA) requires federal construction contractors to pay “prevailing” wages. However, the Department of Labor (DOL) estimates these prevailing rates unscientifically. DBA surveys use tiny, statistically unrepresentative samples of the construction workforce. As a result, DBA rates differ markedly from true market wages. Calculating DBA rates with Bureau of Labor Statistics (BLS) data would solve these problems. Two BLS surveys currently provide the information necessary t...

Please join us for the inaugural episode of Wiley’s Federal Infrastructure Webinar series, a series of webinars that will bring together attorneys from across the firm to discuss...

(Archived document, may contain errors) December 14,1992 AN ACTION PLAN TO CREATE JOBS Putting peoplefirst demands, above all, that we put America back to work.... My national economic strategy will reward the people who work hard creating new jobs, starting new businesses and investing in our people and our plants here at home. To restore economic growth, we need to helpfree enterpriseflourish, put our people back to work and learn again how to compete.

The United States is currently in the longest economic expansion in recorded history, which has led economists to predict an inevitable recession.REF

Americans are being forced to pay billions of dollars extra forhousing each year.

Congress should stop requiring the federal government to hire four construction workers for the price of five.