Small Businesses Aren’t Concerned About Regulations, So Why is Washington?

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The headline for next week’s edition of The Economist is “Over-regulated America,” with the subtitle “The home of laissez faire is being suffocated by excessive and badly written legislation.” Sounds dramatic, but in reality the only things getting...
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Nuclear Power: Only Technology That Requires an Emergency Evacuation Plan

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Nuclear power is the only technology that requires an emergency evacuation plan. And for unfortunate communities, like those situated near the Fukushima nuclear power plant in Japan, evacuation has meant more than fleeing one’s home. It has meant the death of livestock, contamination of produce...
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We Tell the Financial Regulators: Don’t Let Big Banks Make Taxpayer-Backed Bets

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U.S. PIRG and the AFL-CIO joined Americans for Financial Reform in a detailed comment letter urging issuance of a strong Volcker rule by the financial regulators. It’s a 72-page pdf comment letter that basically comes down to one simple thing. We tell the financial regulators: don’t let...
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GOP to Keystone XL: Be My Valentine

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Stop me if you’ve heard this one before: the House and Senate GOP plan to attach an amendment forcing the approval of the Keystone XL pipeline to a completely unrelated piece of legislation. This time around, it’s the transportation bill that is getting the Keystone amendment. While killing the...
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IRS Proposes to Expand Tax Relief for Innocent Spouses

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If you’re married, you’re probably planning to file your taxes jointly; most couples do. You should know that spouses filing a joint return are generally each liable for all of the tax owed on that return—but the law provides equitable relief when one of the spouses has no control over,...
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iSlaves: Forced Labor Key to Apple Profits

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More horrors out now from the Chinese serf-labor system involved in creating Apple products like iPads, iPhones and Kindles. It turns out many of the workers churning out millions of the devices in unendurable conditions at Foxconn and other factories are also forced laborers as young as 16....
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Big Oil’s Banner Year

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The five largest oil companies — BP, Chevron, ConocoPhillips, ExxonMobil, and Royal Dutch Shell — made a record-high $137 billion in profits in 2011. That’s up 75 percent from 2010. Additionally, these oil giants have made more than $1 trillion in profits from 2001 through...
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Obama’s SOTU Claim is Right: Regulations Can Improve the Free Market

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Rules to prevent financial fraud or toxic dumping or faulty medical devices — these don’t destroy the free market. They make the free market work better. — President Obama, State of the Union Address, 1/24/12 Over the past year, discussion over regulations has frequently been distortedly...
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Affordable Care Act Saves Seniors $2.1 Billion in Drug Costs

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The Affordable Care Act has saved nearly 3.6 million people enrolled in Medicare $2.1 billion on their prescription drugs in 2011, finds a new report by the U.S. Department of Health and Human Services (HHS). HHS Secretary Kathleen Sebelius says the health care reform law signed by President...
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Vast Majority of Small Business Owners Do Not See Regulations as a Major Concern

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A just-released survey of small business owners shows a vast majority do not consider regulations as a major concern. Instead, the survey shows weak demand is the primary problem for their business right now, not regulations. MAIN FINDINGS: Weak demand is small business owners’ biggest problem:...
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Worst. Transportation. Bill. Ever.

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Partisanship is the reason for constant gridlock in Congress. One exception has been the issue of transportation. NRDC is on the record — analyzing and critiquing yet supporting — the bipartisan federal transportation bill that passed the Senate Environment and Public Works...
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President Obama: You Had Me Until Fracking

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In last night’s State of the Union address, President Obama reiterated his support for the development of clean energy sources that will create jobs and protect the environment. But while developing clean energy is essential for moving us into the 21st century energy marketplace, the way we...
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