Rising tax receipts reshaping budget debate in Congress
Republicans oppose tax increases as receipts shrink the deficit while Democrats push to reverse sequester cuts. Rising revenue is blamed for easing urgency over long term debt, with economists warning against complacency even as deficits fall from past highs.
MENTIONED IN THIS ARTICLE
Washington
Congress
William Gale
George H.W. Bush
Tax Policy Center
Congressional Budget Office
Budget Office
Gale
Senators urge Egypt to release prisoners in talks fail
U S senators McCain and Graham pressed Egypt's military backed government to free Muslim Brotherhood detainees and start talks to return to democracy. The Cairo talks followed disputes over Morsi's ouster and potential U S aid cuts, with Egypt's officials defending the roadmap and rejecting foreign intervention.
MENTIONED IN THIS ARTICLE
Egypt
Cairo
U.S
Barack Obama
Al-Ahram
Sens
John McCain
Lindsey Graham
Muslim Brotherhood
United States
Congress
Grahah
McCain
Brotherhood
Morsi
Graham
Washington
Middle East
Israel
Sherief Shawki
GE Aviation offers voluntary vacation purchase plan
GE Aviation allows salaried employees to buy one extra week of vacation time per year up to five days. The program, piloted by GE in 2009 and expanded in 2010, deducts foregone pay over the year. Experts note it acts like a voluntary furlough, cutting payroll costs without layoffs while preserving human capital.
MENTIONED IN THIS ARTICLE
Tion
GE Aviation
Hamilton County
Cincinnati-Dayton
Ohio
Ohio Development Services Agency
General Electric Co
Matt Benvie
Benvie
Joshua Schwarz
Miami University
Schwarz
Premier
Cincinnati
Boston
Bennie
U.S
Society For Human Resource Management
Evren Esen
Association
Esen
Wright-Patterson AFB and Premier Health furloughs cut staff
Wright-Patterson Air Force Base in Ohio employs about 29 600 military and civilian personnel and has furloughed roughly 10 000 civil service workers for one day a week over 11 weeks. Atrium Medical Center, part of Premier Health, is Ohio’s 12th largest employer with more than 14 000 staff. Premier Health reintroduced a voluntary time off program for salary employees allowing up to 10 unpaid days per year in addition to vacations.
MENTIONED IN THIS ARTICLE
Congress
Presi
Ohio
Dayton
Atrium Medical Center
Atrium
Premier Health
Pentagon
Linesch
Premier
Companies offer voluntary time off to cut costs in tough economy
GE Aviation in Hamilton County and Premier Health in Dayton region use voluntary vacation purchase and paid time off programs to reduce payroll costs amid wage pressures and health reform. At Wright Patterson AFB about 10,000 civil service workers are furloughed one day weekly for 11 weeks, costing the Miami Valley about 40 million dollars. Experts note voluntary time off is uncommon but growing as a flexibility tool, with limited savings expected.
MENTIONED IN THIS ARTICLE
Linesch
GE Aviation
Also Mentioned on This Page
GOP
By Stephen Ohlemacher
Associated Press
House
John Boehner
Obama
CBO
Reuters
White House
Syria
Robert Ford
America
John Kerry
Ford
Anne Patterson
Damascus
State Department
amenasi / AP
Wright-Patterson Air Force Base
Robert Miller
Miller
Civil Service
Miami Valley
Barrie Barber
Chelsey.Levingston
Coxinc.com
Oman
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