economy

Senate confirms Alex Acosta as Donald Trump’s secretary of labor

Published on April 27, 2017 in 2017/Top Headlines by Associated Press

The Senate on Thursday confirmed Alex Acosta as Labor secretary, filling out President Donald Trump‘s Cabinet as he approaches his 100th day in office. The 60-38 vote confirms Acosta to the post. Once sworn as the nation’s 27th Labor secretary, the son of Cuban immigrants will lead a sprawling agency that enforces more than 180 federal laws covering about 10 million employers and 125 million workers. Sen. Tim Scott, R-S.C., spoke for many Republicans with a statement issued just after…

Keep Reading

Donald Trump tax cut: Huge, vague and likely mild boost for economy

Published on April 26, 2017 in 2017/Top Headlines by Associated Press

President Donald Trump‘s team boasted Wednesday that its tax-cut plan would lighten Americans’ financial burdens, ignite economic growth and vastly simplify tax filing. Yet the proposal so far remains short of vital details, including how it would be paid for. And based on the few specifics spelled out so far, most experts suggest that it would add little to growth while swelling the budget deficit and potentially handing large windfalls to wealthier taxpayers. Trump’s plan would replace the current seven…

Keep Reading

Florida’s economy still growing, but budget cuts loom

Published on March 17, 2017 in Statewide/Top Headlines by Associated Press

Florida’s economy is continuing to grow according to new preliminary estimates from state economists. State officials are meeting Friday to draw up new forecasts to predict how much the state will collect in taxes. The forecasts will be used by state legislators when writing this year’s budget. Preliminary forecasts prepared by economists predict the state’s main budget account will grow by as much as 4.5 percent during the fiscal year that ends in June. Those forecasts estimate growth of around…

Keep Reading

Winners and losers in Donald Trump’s first budget plan

Published on March 16, 2017 in 2017/Top Headlines by Associated Press

Military spending would get the biggest boost in President Donald Trump’s proposed budget. Environmental programs, medical research, Amtrak and an array of international and cultural programs — from Africa to Appalachia — would take big hits, among the many parts of the government he’d put on a crash diet. The budget proposal out Thursday is a White House wish list; it’ll be up to Congress to decide where money goes. If Trump gets his way, there will be more losers…

Keep Reading

Donald Trump, Justin Trudeau to discuss women in workforce

Published on February 13, 2017 in 2017/Top Headlines by Associated Press

President Donald Trump and Canadian Prime Minister Justin Trudeau will participate in a roundtable discussion about women in the workforce Monday, showing the rising policy influence of the first daughter who has stressed her commitment to issues like child care. A White House official said the two countries would launch a new task force called the United States-Canada Council for the Advancement of Women Business Leaders-Female Entrepreneurs. The official said Trudeau’s office reached out to discuss working on a joint…

Keep Reading

Donald Trump takes aim at Dodd-Frank financial overhaul

Published on February 3, 2017 in 2017/Top Headlines by Associated Press

The Latest on President Donald Trump (all times local): 1:28 p.m. President Donald Trump has signed an executive order that will direct the Treasury secretary to review the 2010 Dodd-Frank financial overhaul. It’s Trump’s first step at scaling back regulations on financial services. Trump has called the law a “disaster” and said it failed to address some of the causes of the 2008-2009 financial crisis. The president has also signed a presidential memorandum related to retirement planning. The administration’s move…

Keep Reading

New Florida Chamber poll finds jobs remain top concern for Florida voters

Published on December 20, 2016 in Statewide by Jenna Buzzacco-Foerster

The No. 1 issue facing Florida continues to be jobs, according to a new Florida Chamber of Commerce survey. The Florida Chamber Political Institute released a new statewide survey Monday aimed at “checking the political pulse of Floridians on how they feel about elected officials as well as the issue impacting them.” Jobs and the economy remain a big issue for Floridians, with 19 percent of respondents saying it was a top concern. The survey found 10 percent of Floridians…

Keep Reading

You might be interested in

You might be interested in

You might be interested in

You might be interested in

You might be interested in

You might be interested in

You might be interested in