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Government Policy
Manufacturing Activity at 28-Year Low
January 2, 2008 - The Institute for Supply Management December 2008 Report on Business shows that manufacturing activity slipped for the fifth consecutive month to its lowest level in 28 years. None of the reporting manufacturing industries reported growth in December. ISM Report
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Treasury Responds to Congressional Oversight Panel on TARP
December 31, 2008 - The U.S. Treasury Department issued a written response to questions posed by the Congressional Oversight Panel on measures taken under the Emergency Economic Stabilization Act to stabilize the finanical markets and get the economy moving again, including how funds from the Troubled Assets Relief Program are being used toward this goal.
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CBO Issue Brief on Decline in Manufacturing Employment
December 23, 2008 - An issue brief prepared by the Congressional Budget Office looks at the factors related to the steep decline in manufacturing employment since 2000 and finds that increases in productivity and imports are the primary reasons behind the substantial job loss that has occurred over the last eight years.
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CBO Supplement to Report on Federal Effective Tax Rates, 1979-2005
December 23, 2008 - The Congressional Budget Office submitted a supplement to its report: Historical Effective Federal Tax Rates, 1979 to 2005 (published in December 2007), which includes additional data on sources of income and high-income households. The supplement was provided the leadership of the Congressional tax-writing committees at their request.
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President Bush Announces Plan to Aid Auto Makers
December 19, 2008 - President Bush announced a plan today to stabilize auto makers by drawing from the financial rescue package Congress approved earlier this year. Automotive companies receiving loans will have to establish plans for long-term viability by March 31 or be required to repay their loans in full. "In the midst of a financial crisis and a recession, allowing the U.S. auto industry to collapse is not a responsible course of action," the President said.
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Government Relations Committee
Acting as the voice of the membership in Washington, this commmittee establishes AMT's policy positions in support of our industry.
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Coalition Writes Congress in Opposition to Union Card Check Bill
November 20, 2008 - Looking ahead to the 111th Congress, the Coalition for a Democratic Workplace (CDW) sent a letter to all incoming Members of Congress to underscore collective industry opposition to so-called "Card Check" legislation. If enacted, this bill would reverse 70+ years of American labor law by forcing companies to recognize a union if a majority of workers signs cards indicating their desire to unionize. The current process, which requires a secret ballot election in order to install a union, would be eliminated by this proposal, thus opening employees up to a level of union intimidation unprecedented in the modern era.
AMT is a member of CDW and serves on its Lobbying Committee.
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President Bush Signs $700B Economic Recovery Bill
October 3, 2008 - President Bush signed the Emergency Economic Stabilization Act of 2008 (H.R. 1424) approved by the House and Senate earlier in the week. Included in the legislation are extensions of important expired or expiring tax provisions, including the R&D tax credit.
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NAM's North American Manufacturers Survey: Made in North America
(Posted: August 14, 2008)
A survey released by the National Association of Manufacturers - NAM, The Manufacturing Institute, The Canadian Manufacturers and Exporters - CME, and Deloitte, reflects the views of 321 top-tier executives in a broad range of North American manufacturing companies. Contains information regarding competitiveness, expansion, trade barriers, and promoting innovation.
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Brand-New Powerful Tax Incentives for New Equipment Purchases in 2008
February 13, 2008 - The recently enacted bipartisan Economic Stimulus Plan contains increased Section 179 expensing for 2008 small business equipment purchases, as well as a one-year 50% bonus depreciation allowance for new machine tools and other equipment ordered and placed in service during 2008. Use this one-pager to see how you and your customers can make these new provisions work for you.
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The JFK Stimulus Plan
January 14, 2008 - President Bush is considering first-year expensing -- and may propose it in his State of the Union message. In a January 12 Wall Street Journal op-ed, Ernest S. Christian and Gary Robbins make the powerful case for first-year expensing.
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Proposed Tax Increase on Small Exporters Shelved by House, Senate
December 20, 2007 - Before adjourning for the year, both the House and Senate passed so-called “technical corrections” to various tax laws – but not before stripping out from the package a proposal that could have more than doubled taxes on some small- to mid-sized U.S. businesses that export.
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Congressional Tax “Reform” Plan Would Gouge Small Businesses
October 26, 2007 - The U. S. House’s top tax writer unveiled a long-awaited tax reform proposal this week that would eliminate the much-hated Alternative Minimum Tax for most individual taxpayers – but at the expense of American small businesses.
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