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Updated DAILY... Almost
Every Day!™ by 9 a.m. Pacific
Tuesday, July 7, 2009
WSLC statement on Boeing's Vought purchase
► Today at SeattleTimes.com -- Boeing's buy of 787 plant in S.C. will cost $1 billion -- Boeing will pay Vought Aircraft Industries $1 billion to buy the 787 rear fuselage plant in Charleston, S.C. In addition to $580 million in cash, Boeing is forgiving $422 million of advance payments it made to Vought. Removing a major 787 partner and taking over the operation is a dramatic move forced by Vought's inability to fund the further substantial investment needed for the troubled program. ► Today at HeraldNet.com -- Lots of reaction to Boeing purchase -- Boeing's purchase of Vought is stirring lots of reaction. This batch from business and political leaders shows they see the problem as a case of high costs of the work force and operating in Washington.
Stimulus dollars put Washington back to work Lee
Newgent, Executive Secretary of the Seattle/King County Building and
Construction Trades Council, explains why federal stimulus dollars that are
invested in Sound Transit and other transportation and infrastructure
projects are "about more than just a few construction jobs... it's
workers investing that funding back into our community. ... It's about the
idea that we can generate the economy by working our way out of the
recession." (Thanks for the clip, Goldy.)
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Health care news:
► At Talking Points Memo -- Do Sen. Baucus' health industry ties compromise his reform efforts? -- At this point, only a handful of senators have any real power over the direction reform will take. Of them, Montana's Max Baucus may have both the most clout and the most industry ties. More than a half dozen insurance and pharmaceutical industry lobbyists were once Baucus staffers. ► In today's NY Times -- Seattle-based health co-op offers model for overhaul -- After a month of brainstorming, including briefings from Group Health executives, the Senate Finance Committee seems poised to propose private-sector insurance co-ops -- instead of a new government plan. ► In today's NY Times -- White House, hospitals are reported to be near deal -- The Obama administration and major hospital associations on Monday evening were nearing a deal for about $150 billion in cost savings to help pay for an overhaul of the nation’s health care system, with an announcement expected at the White House as early as Wednesday. ► In today's NY Times -- Financing health reform (editorial) -- Our preference would be to extract savings from the bloated, inefficient health care system -- but also to raise revenues from a wider pool, preferably from well-to-do Americans who could be taxed more to benefit all. ► At TheOlympian.com -- Online town hall explores "public option" on health care -- State political leaders are still trying to have a voice on the health-care reform front.
Local news:
► In today's Spokesman-Review -- Providence lays off 44 hospital employees -- The numbers are lower than feared last winter, when executives hinted at hundreds of job losses to cope with the recession and resulting cutbacks in government health care spending and unpaid medical bills. ► At SeattlePI.com -- Eyman's dangerous spending initiative could pass (op-ed) -- Government leaders would do well to restrain spending in good times as well as bad. But because Eyman's I-1033 will go to voters at a time when they are feeling the tax pinch during the toughest times most can remember, it's very possible government won't get the chance to do that themselves. ► At SeattleTimes.com -- Elway poll finds most voters support Sen. Patty Murray's performance -- The June poll says Sen. Murray received the highest performance ratings of her career.
National news:
► At AFL-CIO Now -- IBEW launches "Working Green" web site -- A new section on the IBEW web site is dedicated to keeping members, contractors and others looking to break into the new energy economy updated on the latest news about the union’s role in the green revolution. ► In The Hill -- Democratic "centrists" threaten Obama's agenda -- Half a dozen members of the Senate Democratic Conference pose the biggest threat to the president's agenda, giving Senate Republicans a fighting chance to block healthcare reform and climate change legislation. Leading the pack of potential defectors are Sens. Ben Nelson (D-NE), Joe Lieberman ("I"-CT); Mary Landrieu (D-LA), Evan Bayh (D-IN), Blanche Lincoln (D-AK) and Mark Pryor (D-AK). ► In today's NY Times -- After inviting workers back, cookie factory plans to shut down -- About 130 bakery workers on strike since August are going back to making Stella D’oro cookies after a judge's order. But the return may be bittersweet as the company plans to close the plant. ► In today's NY Times -- Age discrimination (editorial) -- The Supreme Court rewrote the rules for litigating age-discrimination cases in favor of employers. Congress should undo the damage.
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TUESDAY,
JULY 7, 2009
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Copyright © 2009 -- Washington State Labor Council, AFL-CIO
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