Here’s a roundup of the most important business news affecting Virginia and nationally:
Payrolls “soared” in January but that didn’t stop the Virginia House and Senate from passing $15 Minimum Wage bills yesterday.
H.R. 2474 or Protect the Right to Organize passed the U.S. House repeals Right To Work nationally, among other things.
WSJ Editorial“AFL-CIO chief Richard Trumka warned Democrats before the vote that, “Those who would oppose, delay or derail this legislation, do not ask us—do not ask the labor movement—for a dollar or a door knock. We won’t be coming.” Did someone say quid pro quo?”
Virginia’s AFL-CIO said H.R.2474 would give workers “the freedom to join a union.” No word yet on whether they support a worker’s freedom not to join.
CNBC and Forbes agree that Virginia’s Cost of Doing Business and Cost of Living are our Achilles’ heel when it comes to our business rankings. We’ll see if that factors into post-Crossover decision making by the Senate and House.
Vince Vernuccio writes in the Washington Post that costs will likely increase for taxpayers due to collective bargaining legislation.
While Virginia’s General Assembly defeated bills to Repeal Right To Work, did you know that the U.S. House of Representatives passed FULL REPEAL for EVERY state? Here is the Roll Call Vote.
Spoiler Alert – all of Virginia’s Democratic delegation supported it.
Virginia Business Council Chairman and former Virginia House member William Fralin wrote in the Washington Post about the importance of Right To Work.