A health care reform package the House passed Wednesday is creating a rift between the state’s business groups and the GOP.
Michigan business leaders formed a new Michigan Affordable Healthcare Coalition that aims to reduce health care costs without raising costs on small businesses.
In a Thursday afternoon press conference, business leaders voiced opposition to House bills 4346 and 4354, claiming they would raise health insurance premiums that are already a heavy burden for many businesses. Read More
In an effort to revive the legislation requiring the use of E-Verify for Tennessee employers with six or more employees, Rep. Bruce Griffey filed the necessary paperwork Thursday to recall the bill in accordance with a House rule. Read More
Rule 53 of the House of Representatives Permanent Rules of Order for the 112th General Assembly allows for a process to recall a bill from committee. If the effort is successful, the bill will be scheduled directly to the House floor for a vote, bypassing the committee process that killed the bill.
A bill that was killed last week in the House Banking and Consumer Affairs Subcommittee would have reverted to the threshold required for E-Verify in legislation signed into law by Governor Bill Haslam in 2011 and remained in effect until 2016.
Currently, employers are required under state law to use the E-Verify program to confirm work authorization status of their employees, but only if they have 50 or more employees. Read More
Tennessee small businesses that experienced the largest increases in the number of employees over the past five years are exempt from the requirement to ensure that their employees are not illegal aliens through the use of the federal government’s e-verification system.
At the federal level, E-Verify is a voluntary program. Read More
At least 13.9 million of the nation’s small businesses are at serious risk of shuttering their doors by April 1, a recent industry report found.
Forty-four percent of the country’s 31.7 million small businesses are at risk of closing by the end of the first quarter, according to small business group Alignable. Small businesses on the brink of closure expect to earn less revenue than their owners estimate is needed to stay afloat. Read More
Monday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed all-star panelist Crom Carmichael to the studio to discuss the elitist mindset of compromise and crushing small businesses while helping mega-corporations. Read More
About $1.1 trillion in coronavirus aid, including more than $120 billion for small businesses, has still not been spent, according to a memo Republicans are circulating on Capitol Hill.
The more than $1 trillion in unspent coronavirus relief funds represents a significant portion of the $4 trillion allocated by Congress as part of multiple 2020 stimulus packages, according to the Republican Study Committee (RSC) memo reviewed by the Daily Caller News Foundation. Of the $828 billion allocated for small business loans, about $123.7 billion has not been spent, according to Small Business Administration data. Read More
The Buckeye Institute has slammed the newly released Ohio budget for excess spending, saying that while it commends the governor for balancing the budget, the state missed an opportunity for reform. Read More
Sweet Jordan’s, a Paris, Tennessee bakery that employs special needs workers, was one of the latest recipients of the Barstool Fund. The donation saved their business from the pandemic-related financial strain threatening to close its doors.
Sweet Jordan’s was inspired by Jordan St. John, the two owners’ son who was born with Downs Syndrome. Their family wanted to open up a business to employ others with special needs like Jordan. Read More
Tuesday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed CCO Elaine Parker of Job Creators Network to the newsmakers line to discuss their advocacy for small businesses nationwide. Read More
The Barstool Fund, created by Dave Portnoy, has helped raise more than $20 million, helping nearly 100 small businesses hurt during the coronavirus pandemic lockdowns. Portnoy started the Barstool Fund one month ago with his own $500,000 to help small businesses.
The fundraiser has raised $20,119,270 from more than 156,000 donors and has aided 92 small businesses across the country as of Thursday evening.
Earlier in the day, Portnoy announced his fundraising success on Twitter, but stressed that their mission is far from over. Read More
Thursday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed Downtown Nashville small business owner Geoffrey Lee to the newsmakers line to talk about the loss of his two retail businesses in the bombing Christmas Day. Read More
California small businesses are crumbling under the weight of a new stay-at-home order and a lack of meaningful financial assistance.
Democratic Gov. Gavin Newsom issued a new region-based lockdown order for California on Dec. 3, forcing more California businesses to close their doors or severely limit operations. Read More
More than 80 states and local municipalities are slated to see minimum wage hikes in 2021, even as business owners continue to struggle during the coronavirus pandemic.
The Employment Policies Institute, a non-profit based in Washington, D.C., that studies how public policy impacts employment growth, released a comprehensive list of the minimum wage increases that will go into effect next year and in subsequent years.
“Minimum wage increases are demonstrated to cause job losses even in times of economic health,” said Michael Saltsman, EPI’s managing director. “These states and local areas are increasing the cost of labor as businesses are dealing with forced closures or a drastic drop in revenue. Employers and employees will pay the price for these misguided good intentions.” Read More
Virginia business advocates praised the COVID-19 stimulus package passed by Congress but said additional state action is necessary for businesses to receive the full benefits of the legislation.
The $900 billion COVID-19 stimulus provides about $325 billion in aid to small businesses nationally, including $284 billion for forgivable Paycheck Protection Program (PPP) loans, $20 billion for Economic Injury Disaster Loan grants, $15 billion for live venues, independent movie theaters and cultural institutions and another $12 billion for businesses in low-income and minority communities.
Congress’ bill also addressed a couple of concerns businesses raised regarding the first wave of PPP loans. The bill simplifies the forgiveness applications and makes the loans tax deductible at the federal level. The deductibility applies to loans that already have been received and any loans received in the second wave, which would prevent a hidden tax increase on businesses. Read More
Some two-thirds of small business owners say more federal relief funds are needed for them to be successful in the coming year during the ongoing coronavirus pandemic, according to the fourth quarter Small Business Index survey from the United States Chamber of Commerce. Read More
Monday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed all-star panelist Crom Carmichael to the studio to discuss two articles citing California’s bad government and Chinese infiltration. Read More
by Anthony Gockowski More than 150 businesses plan to reopen this week in defiance of Minnesota Gov. Tim Walz’s coronavirus shutdown. The businesses have organized as the Reopen Minnesota Coalition. This group has created a Facebook page and GoFundMe to raise awareness and money for business owners who will likely face legal consequences… Read More
The $908 billion pandemic stimulus compromise package being discussed in the U.S. Senate is a hopeful sign of progress, Florida Republican U.S. Sen. Marco Rubio said, but it won’t garner his support until more assistance is tabbed for small businesses.
The four-month emergency package introduced Tuesday by a bipartisan coalition of senators and House representatives on Capitol Hill would fund transportation, food assistance, coronavirus testing centers and the Paycheck Protection Program (PPP) crafted by Rubio’s Small Business and Entrepreneurship Senate Committee to help businesses pay their employees during shutdowns rather than lay them off. Read More
An Ohio Supreme Court ruling should help small business owners cut through government bureaucracy and save time and money, according to a Central Ohio think tank.
The ruling, which could allow small businesses to file a single local income tax return, is a step in the right direction for small businesses throughout the state, according Greg R. Lawson, a research fellow at The Buckeye Institute. Read More
Thursday morning on The John Fredericks Show, host John Fredericks welcomed Glenn Davis to the program to announce his run for Lieutenant Governor of Virginia and discuss a Democrat bill that would crush small businesses in his state. Read More
Live from Music Row Tuesday morning on The Tennessee Star Report with Michael Patrick Leahy – broadcast on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 a.m. to 8:00 a.m. – Leahy was joined in studio by state Senator Kerry Roberts (R-Springfield).
During the second hour, Leahy and Roberts questioned the motives of Mayor John Cooper who continues to hold Nashville small businesses hostage. Read More
Up until now, you mostly had to be connected to big business — and to Gov. Mike DeWine and Lt. Gov Jon Husted — to have a say in how businesses of all sizes are considered in Ohio’s snails-pace reopening.
On Friday, DeWine said the state would begin a phased reopening from the Chinese coronavirus shutdown, The Ohio Star reported. The governor said he is forming a pair of advisory groups tasked with developing best practices for reopening dine-in restaurants, barbershops and salons. Read More
The National Federation of Independent Business (NFIB) Research Center released a survey Tuesday that said 80 percent of small business owners are still waiting to receive a loan from the Paycheck Protection Program (PPP).
“Small businesses were prepared and ready to apply for these programs, the only financial support options for most, and it is very frustrating that the majority of these true small businesses haven’t received their loan yet,” Holly Wade, NFIB Director of Research & Policy Analysis, said. “Small businesses make up nearly half of the economy and it’s crucial that their doors stay open.” Read More
One of the largest banks in the United States announced that it is no longer accepting applications for a federal program aimed at rescuing small businesses affected by the coronavirus pandemic.
Wells Fargo has stopped accepting new applications for the government’s Paycheck Protection Program, an initiative created by the government to assist U.S. businesses that employ fewer than 500 people. The bank’s decision came after it was inundated with billions of dollars in loan requests since Friday. Read More
Live from Music Row Tuesday morning on The Tennessee Star Report with Michael Patrick Leahy – broadcast on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 a.m. to 8:00 a.m. – Leahy was joined on the line during the program’s second hour by Tennessee State Senator Kerry Roberts (R-Springfield.) Read More
Nearly one in four small businesses – 24 percent – have temporarily shut their doors due to the response to COVID-19 in the U.S., and an additional 40 percent said they likely will do so within the next two weeks, according to a new survey from the U.S. Chamber of Commerce and Metlife. Read More
Due in large part to government edicts, religious, social, and political gatherings, have been cancelled or drastically altered to meet government requirements. Schools and colleges have closed so there will be no proms or graduations to attend this spring. Restaurant dining rooms are closed, as are community centers, fitness centers, salons, barbershops, theaters, retail stores, and malls. Theme parks, beaches, and even some public parks are closed. Air travel and the use of public transportation has declined precipitously. Traffic on the roads is eerily light, and parking lots are nearly empty.
Of the businesses that have remained open, many have reduced their operating hours. While one can reasonably expect that stay-at-home orders will reduce Chinese coronavirus cases, it remains to be seen what the human and economic toll of these orders will be; but we do know that they are devastating to small businesses and their employees. Read More
Grants are now available for small businesses looking to retool their companies to help manufacture goods in response to the coronavirus pandemic, the Michigan Economic Development Corporation announced on Wednesday. Read More
In order to meet payroll for every small business and nonprofit in America up to 500 employees for the next month or so during the Chinese coronavirus outbreak, President Donald Trump and Senate Majority Leader Mitch McConnell (R-Ky.) are proposing $300 billion of forgivable emergency loans. Read More
Small Business Saturday (SBS), the day to support your local businesses and economy, turns 10 years old today. Read More
On Monday’s Gill Report – broadcast on Nashville’s Talk Radio 1510 WLAC weekdays at 7:30 am – Star News Digital Media National Political Editor Steve Gill talked about the recent decline in ratings due to the political agenda of the NFL, MSM outlets, and Hollywood award shows. He was saddened… Read More
by Kalena Bruce Last month, the Trump administration took a concrete step to lower skyrocketing health care costs for middle-class families like mine. The Department of Labor issued a final rule expanding association health plans, which allow small businesses like my farm to band together with others to negotiate bulk rates… Read More
by Will Racke A greater share of small companies in the U.S. are raising wages than at any time in the past three decades, according to a survey released Thursday from the nation’s biggest independent business association. A seasonally adjusted 35 percent of small business owners reported they have increased… Read More
by Joseph Sunde As protestors continue to boldly decry “corporate greed” with little definition or discernment, progressive policymakers are just as quick to push a range of wage controls and market manipulations to mitigate the supposed vices of free and open exchange. The painful irony, of course, is that the… Read More
by Brittany Hunter No one expects healthy desserts to taste good. It is one of life’s harsh realities that we have had to learn to live with: you can either eat healthy food, or eat delicious food; you can’t have it both ways. But that was before Halo Top… Read More
Small business owners in Tennessee are paying the price — literally — for large corporations raking in tax breaks. “What we keep seeing is that small business owners are taking on the burden of higher taxes for governments to give their tax dollars to big businesses,” said Mark Cunningham, a… Read More