GM offer to invest 7 billion targets lower paying plants
GM proposes 7 billion in U S facilities including 2 billion from joint ventures and suppliers for new plants paying workers below the top UAW wage. About 49 000 UAW members are on a nationwide strike now in day four over wages healthcare costs profit sharing and job security. The plan covers eight facilities in four states with 5 400 jobs claimed but about 2 700 new positions.
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Detroit
General Motors
U.S
United Auto Workers
UAW
Dan Flores
House OKs Measure to Avert Federal Shutdown
The House passed a short term stopgap bill by a 301 to 123 vote to prevent a federal shutdown when the budget year ends September 30. It would buy time until Thanksgiving to negotiate 1.4 trillion dollars in spending for federal agencies as Senate Republicans debate follow up bills and border funding.
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Washington
House
Senate
Donald Trump
Nancy Pelosi
D-Calif
Trump
Pelosi proposes Medicare drug plan to negotiate prices
House Speaker Nancy Pelosi unveils a plan to let Medicare negotiate prices for up to 250 drugs, including insulin, with penalties for noncompliance and rebates for inflation. The proposal caps seniors’ copays at 2000 dollars and extends negotiated prices to other buyers. Trump offers cautious support while Republicans urge private market solutions.
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Washington
Nancy Pelosi
Medicare
Donald Trump
Senate
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