Article

2017-12-21 Economy

AT&T will give 200,000 US employees $1,000 bonus once Trump signs tax cuts into law

[WASHINGTONEXAMINER] Rep. Jerrold Nadler (D-N.Y.) on Wednesday won the top Democratic spot on the powerful House Judiciary Committee, beating back a challenge from Rep. Zoe Lofgren (D-Calif.) to fill the seat held by former Rep. John Conyers Jr. (D-Mich.) for almost a quarter century.

The House Democratic Caucus voted 118 to 72 in favor of Nadler, a 13-term Manhattanite known for his constitutional expertise.

The vote marks a victory for the seniority system that could have outsized implications if the Democrats win back the House in 2018 and the investigations into Russia’s election meddling turn up any damning evidence against the Trump administration.

Among the host of hot-button issues under the Judiciary panel’s jurisdiction is that of impeachment ‐ a factor highlighted by Nadler in pitching his colleagues in the weeks leading up to Wednesday’s vote.

After his victory, Nadler characterized the political moment as "a critical time" in the country’s history ‐ one he thinks he’s uniquely qualified to confront.

"Our efforts to hold the administration and those wishing to turn back history’s long arc towards justice accountable are central to the defense of progress and democracy," Nadler said.

Posted by Fred 2017-12-21 00:00|| || Front Page|| [9 views ] Top

#1 I thought they'd spend the money on lowering my bill.

Posted by gorb 2017-12-21 09:45|| 2017-12-21 09:45|| Front Page Top

#2 That is the question that they have to wrestle with now. Do they give the extra money to (1) customers in the form of lower prices, (2) employees in bonuses or higher wages, or (3) shareholders in the form of higher profits and dividends? Or, more realistically, what combination of the three? Interesting times for senior management, assuming they have the brains to make rational and economic decisions.

Posted by Tom 2017-12-21 16:02|| 2017-12-21 16:02|| Front Page Top

#3 Silly Tom. Bonuses of course!

Posted by gorb 2017-12-21 17:07|| 2017-12-21 17:07|| Front Page Top

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