By a vote of 81-19, the Senate this afternoon approved the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010
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Reprinted below is a copy of the NAM Press release:
Manufacturers: Tax Relief in Senate-Passed Bill Is Critical
NAM Urges House to Act Quickly to Boost Economic Recovery and Job Growth
WASHINGTON, D.C., Dec. 15, 2010 - The National Association of Manufacturers (NAM) Executive Vice President Jay Timmons issued the following statement today on Senate passage of the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010:
"Manufacturers commend the Senate for its strong bipartisan vote on this critical tax relief for all Americans. These much-needed incentives, including the R&D credit extension and 100-percent expensing, will boost the prospects for economic recovery and job growth in 2011. The bill is a good first step to eliminate much of the uncertainty that has been holding back investment and job creation by manufacturers and the broader business community.
The NAM has been a leader in advocating for tax extensions, including the R&D credit, 100-percent expensing and tax relief for small businesses.
More than 70 percent of U.S. manufacturers file as S-corporations or other pass-through entities and pay taxes at the individual rate. The Congressional Budget Office estimates that fully extending all the 2001/2003 individual tax rates would add between 600,000 and 1.4 million jobs in 2011 and between 900,000 and 2.7 million jobs in 2012.
To provide even more of the certainty our economy needs to grow and create jobs, these important tax provisions need to be permanent. We look forward to continuing to work with Congress and the Administration on tax policy that promotes durable economic growth and long-term competitiveness.
Manufacturers have indicated that a vote in support of this legislation will be considered a Key Manufacturing Vote in the 111th Congress. We urge the House to act quickly to pass this bill with no amendments. Failure to act will result in a tax increase on all taxpayers and will stifle investment, economic growth and job creation."
The National Association of Manufacturers is the largest manufacturing association in the United States, representing manufacturers in every industrial sector and in all 50 states. Manufacturing has a presence in every single congressional district providing good, high-paying jobs. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit http://www.nam.org/
Extension of Public Comment Period: EPA Docket No. EPA-R08-OAR-2010-0909
Ref. EPA Docket No. EPA-R08-OAR-2010-0909
Plan Revision" which published in the Federal Register on November 19, 2010 (see 75 FR 70888).
A Notice in the Federal Register, announcing this extension of the public comment period, will publish on or before December 20, 2010.
Thank you.
Tim Russ
Environmental Scientist
USEPA Region 8
Air Program
1595 Wynkoop Street (8P-AR)
Denver, CO 80202-1129
Ph. (303) 312-6479
Fax (303) 312-6064
e-mail: russ.tim@epa.gov
"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery." Winston Churchill
"The welfare of humanity is always the alibi of tyrants." Camus
You cannot bring about prosperity by discouraging thrift. You cannot strengthen the weak by weakening the strong.
You cannot help the poor man by destroying the rich.
You cannot further the brotherhood of man by inciting class hatred.
You cannot build character and courage by taking away man's initiative and independence.
You cannot help small men by tearing down big men.
You cannot lift the wage earner by pulling down the wage payer.
You cannot keep out of trouble by spending more than your income.
You cannot establish security on borrowed money.
You cannot help men permanently by doing for them what they will not do for themselves.
William H. Boectker, 1916
A reporter recently asked Utah Governor Gary R. Herbert about the buzz surrounding Utah in the world marketplace. Click here to read the story in the special edition of the Utah Site Selector Quarterly.
"Political, business, law-enforcement and religious leaders there have endorsed what they call the Utah Compact. It is a statement of principles meant to address, with moderation and civility, “the complex challenges associated with a broken national immigration system.” What a welcome contrast it draws with the xenophobic radicalism of places like Arizona."
(New York Times)
A specialized education program for manufacturers piloted in Southern Utah at Dixie Applied Technology College in concert with Dixie State University is now available to manufacturers in Tooele County through Tooele Applied Technology College. This is proving to be very valuable to those companies who have enrolled employees. You may want to take a closer look.
Click Here for Manufacturing U Flyer Information
RETAIL SALES RISE FOR 5TH MONTH
Today in Manufacturing
Commerce Dept. said retail sales rose in November, as the biggest jump in department store sales in two years gave the holiday shopping season a strong start ... continue
CHINA 'REGRETS' WTO RULING ON U.S. TIRE TARIFF
Today in Manufacturing
Beijing regrets a WTO ruling that U.S. acted within its rights when it raised import taxes on Chinese tires by as much as 35 percent and will file a complaint ... continue
OSHA NOISE PROPOSAL
NAM
The Occupational Safety and Health Administration (OSHA) has proposed a new regulatory action that would add millions of dollars in new compliance costs for manufacturers.
OSHA has announced its plans to change its official interpretation of workplace noise exposure requirements and enforcement. Under OSHA’s proposal, employers would be required to use extensive “engineering and administrative controls” to protect employees from loud workplace noises instead of primarily using effective personal protective equipment like earplugs. The Agency has proposed redefining the existing standards to require employers to perform any changes that are “capable of being done” regardless of the effectiveness of current procedures.
OSHA’s current approach to noise control requirements have proven to be effective in protecting employees from hearing loss. According to the Bureau of Labor Statistics, the number of hearing loss incidents has decreased by almost one-third over the last five years alone.
Should this proposal be implemented, most manufacturers would be forced to make sweeping changes to their workplaces -- including diverting resources away from jobs toward costly new practices and equipment -- even if mechanisms are already in place to protect employees from loud noises.
The National Association of Manufacturers (NAM) is very concerned that OSHA is attempting to make these changes outside of the formal rulemaking process. According to OSHA’s plan, these changes must be adopted regardless of the costs, unless an employer can prove to the Agency that making such changes will “put them out of business.” Equally troubling, the Agency has not indicated when it will be implementing this new requirement, which could go into effect as soon as the public comment period ends in March 2011.
This proposal would significantly increase costs and uncertainty, limit employer flexibility and cost jobs.
The NAM has developed additional resources on this issue. It is available here.
NAM Response
On December 6, OSHA granted the NAM’s request for a 90-day extension for comments, which are now due to OSHA by March 21, 2011.
The NAM is leading the business community’s efforts to respond to this proposal through a coalition of over 100 trade associations. The NAM also has retained outside counsel to assist in the process of developing detailed regulatory comments that will highlight the economic harm of these changes and the procedural deficiencies of OSHA’s backdoor approach to implementing this proposal. Additionally, we are discussing this issue with key congressional staff and policymakers in the Obama Administration.
However, we need to accurately assess the harm that will be caused should OSHA’s plans be implemented. In order to accurately portray the consequences of this regulatory scheme, we need input from NAM members.
Action Needed
We ask that NAM members provide NAM staff with information that can be used in our formal comment response to the Agency. We will use this data anonymously, unless we are explicitly given permission to attribute the information to a specific company.
NAM members can provide this information by responding to a set of questions available here. If you have troubles with the link, please copy and paste the URL below into your web browser.
https://www.surveymonkey.com/s/MCZN8FF?c=125825
SETBACK ON GREENHOUSE GAS CHALLENGE
FLAG Weekly Communications - NAM
The U.S. Court of Appeals for the District of Columbia Circuit on Friday, Dec. 10, rejected the motion by the NAM and other industry groups for a partial stay in the Environmental Protection Agency’s implementation of greenhouse case regulations. The court’s denial of the stay is here. As Quentin Riegel, the NAM’s vice president for litigation and deputy chief counsel said:
We will continue our efforts to stop the EPA from pursuing its job-destroying agenda. We are confident that the merits of the litigation are strong and we will move forward aggressively.
Manufacturers are disappointed in the court’s decision today to deny our motion of stay against EPA. We continue to believe that our arguments presented a compelling case for an issuance of stay. The EPA’s agenda places unnecessary burdens on manufacturers, drives up energy costs and imposes even more uncertainty on the nation’s job creators.
This is just one step in the legal process as the court’s decision addressed only the issue of irreparable harm, not the merits of the argument. The court did accept the NAM Coalition’s recommendation for a single panel to hear the cases. Oral arguments will be set for the same day for all four challenges to the EPA’s authority (endangerment, the car rule, the “subject to regulation” rule and the tailoring rule). The court asked the parties to propose a format for proceeding with the merits by Jan. 3, 2011, an early date, which suggests the court recognizes the pressing nature of the industry objections. For more background on the NAM’s challenges to the EPA, see our Manufacturing Law Center entries.
• The Hill (blog), “Court denies industry bid to freeze EPA climate rules“
• Wall Street Journal, “Appeals Court Rejects Challenge to EPA Greenhouse-Gas Rules”
• Dallas Morning News, “State loses battle to halt federal regulation of greenhouse-gas emissions.”
CONTAINERIZED IMPORTS DROPPED NEARLY 1% IN NOVEMBER
Quick Manufacturing News
Import shipment volume for November, measured in twenty-foot equivalent units (TEUs), decreased 0.92% from October and increased 14.23% over November 2009. Click to continue
LATIN AMERICAN MANUFACTURING TO GROW 4.2% IN 2011
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The automotive sector is forecast to grow by 8% in 2011. Click to continue
SURVEY: CEOS EXPECT TO HIRE MORE
Today in Manufacturing
Business Roundtable survey released Tuesday shows 45 percent of executives say they expect their companies to add more workers ... continue
WHOLESALE PRICES UP IN NOVEMBER
Today in Manufacturing
Labor Department said index that measures price changes before they reach the consumer rose 0.8 percent in November -- the biggest rise in 8 months ... continue
BUSINESS INVENTORIES RISE IN OCTOBER
Today in Manufacturing
Inventories held by U.S. businesses rose for a 10th consecutive month in October as companies saw sales increase by the largest amount in seven months ... continue
PRITZKER GROUP ACQUIRES MEDICAL DEVICE MANUFACTURER CLINICAL INNOVATIONS
Utah Business Daily
Chicago-based private investment firm The Pritzker Group announced it has acquired Clinical Innovations, a medical device maker specializing in healthcare solutions for women and their infants. The acquisition is the firm’s first in the healthcare field. The Pritzker Group acquired the Utah-based medical device maker from RoundTable Healthcare Partners, a private equity firm focused exclusively on the healthcare industry.
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BSD MEDICAL ANNOUNCES SUCCESS IN INITIAL PRODUCT LAUNCH
Utah Business Daily
BSD Medical Corporation announced success in the Company’s initial product launch for the MicroThermX Microwave Ablation System (MTX-180). BSD’s initial product launch has been focused on placement of a select number of systems with pivotal, high-profile, interventional oncology, key opinion leaders. BSD has successfully placed three of these systems and will shortly place a fourth system.
View Full Article
CEOS SAY GOOD TIMES ARE HERE AGAIN
Smartbrief on Leadership
America's chief executives are feeling good, with optimism at its highest levels since early 2006, according to a report from the Business Roundtable. Sales, capital investments and hiring are all expected to increase in coming months, with 80% of CEOs predicting better revenues and 45% expecting higher payrolls. Bloomberg
CEOS SEE HIGHER SALES OVER NEXT 6 MONTHS
Quick Manufacturing News
Companies expect to increase employment as well as capital spending. Click to continue
OBAMA, CEOS TO DISCUSS ECONOMY
Today in Manufacturing
President Barack Obama is sitting down with 20 top CEOs on Wednesday to talk about ways to spark the economy ... continue
U.S. FACTORY OUTPUT CONTINUES TO GROW
Today in Manufacturing
Factory output grew for the fifth straight month in November, adding to evidence that manufacturing remains an engine of economic growth ... continue
LITTLE SIGN OF INFLATION AS PRICES BARELY RISE
Today in Manufacturing
Consumer prices increased slightly last month as food and energy costs ticked up, but there was little sign of widespread inflation ... continue
OBAMA ADMINISTRATION STEPPING UP ENFORCEMENT OF LABOR LAWS
Quick Manufacturing News
OMB Watch examined the regulatory enforcement actions of the Obama administration at its midterm point and revealed that executive branch agencies have stepped up enforcement of a number of important labor, consumer protection and environmental laws and regulations. Click to continue
OCTOBER MACHINE TOOL SALES DROP 2.5%, BUT FACTORS SUGGEST STRENGTH
Quick Manufacturing News
Sales of machine tool sales to U.S. manufacturers and machine shops fell from $399.76 million in September to $387.13 in October. Click to continue
EXPANSION ACTIVITY HEATING UP IN NEVADA
Quick Manufacturing News
State has seen a 'consistent and notable uptick in relocations and expansions.' Click to continue
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