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In Washington, the old saw “nothing is certain except death and taxes” used to be followed by “and tax extenders” because Congress routinely allowed key provisions of the tax code to expire, then rushed to reinstate them, but only temporarily.
Another successful FIA Lobby Day took place in Washington, D.C., April 22 and 23 when forgers and suppliers met with members of Congress about key issues affecting the forging industry.
The 114th Congress is now officially under way, with Sen. Mitch McConnell (R-KY) as the new Majority Leader in the Republican-controlled Senate and Rep. John Boehner (R-OH 8) continuing as Speaker of the Republican-controlled House of Representatives...
Well, the midterm elections of 2014 are history, and it turns out that, for once, most prognosticators got it right. The GOP did regain control of the Senate, and they picked up seats in the House of Representatives as well. Here’s a brief recap of what happened.
As always happens in even-numbered years, with just a week remaining until the Nov. 4 elections, everybody in Washington has become a political prognosticator.
Let us start with the good news. Congress was able to pass, with broad bipartisan support, an FIA-endorsed bill that will aid in addressing the manufacturing skills gap.
In addition to finalizing regulations to address GHG emissions from new coal and gas-fired power plants, the EPA has now proposed far-reaching regulations for existing coal-fired power plants. For the masochists among you, the 600-page proposal can be found by going to the EPA’s website.