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White House contracting proposal could have big impact on construction industry The Daily Caller Share     The White House has acknowledged that it is considering a proposal that would significantly alter the way it awards federal contracts, but said the discussions are in early stages and that no immediate policy changes are forthcoming. The proposal, dubbed the "High Road Contracting Policy," was first reported by The Daily Caller in early February. According to multiple sources familiar with the discussions, the proposal would give preference to government contractors that pay their hourly workers a "living wage" and provide additional benefits such as health insurance, employer-funded retirement plans and paid sick leave. More
IEC National Legislative Fly-In Independent Electrical Contractors Share
The IEC National Legislative Fly-In will feature a "how to" educational session on lobbying your member of Congress, as well as informational briefings on front burner legislative issues, from the Washington experts who deal with these subjects every day. And, most importantly, we will have a Day on Capitol Hill where IEC contractors and chapter executive directors join together to educate their federal representatives about our industry and your business. More Obama urges Congress to 'finish its work' on reform bill The Washington Post Share
President Obama urged Congress to "finish its work" on health-care reform legislation and indicated support for a Democratic legislative strategy that includes a politically risky procedure known as reconciliation. In a speech at the White House, Obama told an audience of medical professionals that Congress "owes the American people a final vote on health-care reform." More
Builders bracing for long, slow recovery in housing MarketWatch Share
The abysmal new-home sales numbers are a grim reminder that the housing recovery will likely be choppy, and some home-builder chiefs are voicing concerns about what will happen to demand when stimulus measures expire soon. More
Credit unions: Lift cap on small-business loans USA Today Share
As Congress pleads with banks to increase lending to small businesses to juice the recovery, one group of lenders is begging Congress to let them make more loans: credit unions. Credit unions say the economic downturn presents their best opportunity yet to persuade lawmakers to raise a federal limit on their business loans. But banks say it would give the tax-exempt credit unions an unfair advantage. More
Mortgage delinquency rate slows in fourth quarter The Washington Post Share
Borrowers fell behind on mortgages at a slightly slower rate late last year, but the overall number of homeowners in financial distress remained at record levels, according to industry data released recently. More
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