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By Holly Ensign-Barstow
Posted on: August 8, 2017
B Lab and ASBC are excited to celebrate new benefit corporation legislation. Since the beginning of 2017, benefit corporation legislation has been signed into law in Kentucky, Kansas and Texas. In Kentucky and Kansas, legislation became effective on July 1, 2017 and will go into effect in Texas on September 1, 2017. With these three states, a total of 35 jurisdictions around the world have benefit corp. statutes. Other states that are moving forward include Alaska, Wisconsin and Ohio. A number of countries are also pursuing benefit corporation legislation, with bills in process in Australia,... read more
By David Brodwin
Posted on: July 31, 2017
With efforts to repeal Obamacare all but dead, the 2018 budget has taken center stage. It's easy to let your eyes glaze over on this, but don't: The proposed House budget dramatically reallocates both national priorities and taxpayer dollars.The politics of the budget bear an uncanny resemblance to those of the health care bill, and the outlook for budget legislation may not be much better. Too many conflicting promises have been made to too many different factions. The GOP health care proposal aimed to make good on multiple promises: to repeal Obamacare, to NOT repeal the parts of Obamacare... read more
By Marilyn Waite
Posted on: July 28, 2017
So the United States has pulled out of the Paris Agreement.Now what?We’ve still got a lot of work to do. Many of the most vocal and disappointed critics of leaving the Paris accord are not doing much about tangibly reversing climate change. Angry tweets will only get us so far, and pouring millions into political campaigns has brought us to where we are today, for better or worse.Let’s look at what we can actually do, on a practical level, to address climate change. Project Drawdown is a climate change mitigation project started by Paul Hawken in 2013, with the input of more than 200 scholars... read more
By Michael Stumo
Posted on: July 13, 2017
The US imported $500 billion more goods and services than it exported last year. We are the biggest trade deficit country in the world, absorbing the oversupply of a few major countries such as China, Germany, Japan and South Korea (surplus countries). This causes US growth stagnation, wage stagnation, under employment and an eroding middle class. ASBC member businesses struggle more than they would if the economy, wages and consumer spending were growing.Because there is so much misinformation in the press, I would like to give you a structure to think about trade. First, the volume of... read more
By Connie Evans
Posted on: July 3, 2017
President Trump released his full Fiscal Year 2018 budget yesterday, and it calls for a reduction in the Community Development Financial Institutions Fund from $248 million to a paltry $14 million. This essentially amounts to elimination of the crucial fund, which would be a heavy blow to small businesses in distressed rural and urban areas. The administration’s reasoning behind their decision is that the program has been so successful that it is no longer necessary. The first part of that statement is accurate. The last part is dangerous.The CDFI Fund supports hundreds of mission-focused... read more
By David Brodwin
Posted on: June 30, 2017
This week, the U.S. Senate rolled out its version of Obamacare repeal, called the "Better Care Reconciliation Act." The bill would brutally strip coverage from many millions of Americans, while raising costs and reducing coverage for tens of millions more. And it redistributes the money gained by stripping coverage mostly to people who already have a lot of money, and already have access to great care.But even if you think taxes need to be cut and it's OK to strip coverage from people, there's a lot to dislike about the bill. It does nothing to solve the most important problem with U.S.... read more
By John O'Neill
Posted on: June 26, 2017
Don’t expect the budget before Congress to make the economy more sustainable.Budget negotiations are hung up in Congress, where Republicans can’t agree on what they want. Still, the budget the president released on May 23 set the tone and direction.The president’s budget was anti-business, if you define business as companies with U.S. employees and sales that want to remain viable. His budget would reduce consumer spending, boost tax breaks for U.S. multinationals, and slash important business regulations.The budget’s proposed cuts to Medicaid would result in less healthcare and more strain... read more
By David Brodwin
Posted on: June 16, 2017
President Donald Trump wants to treat us to a trillion-dollar investment in infrastructure building – roads, waterways, electrical distribution, airports and the like. Arguably, the treat is also intended to distract the public from former FBI Director James Comey's testimony Thursday, Russian hacking and more, but his investment would be a big win for the economy – and it would rightly give Democrats something to worry about.Done right, infrastructure makes the economy more productive. It creates jobs and makes life easier and healthier for the people who depend on it for transportation,... read more
By Jim Davidson
Posted on: June 15, 2017
On May 4, the House voted 217 to 213 in favor of the American Health Care Act (AHCA) which will “repeal and replace Obamacare.” The Senate is currently drafting an alternate bill to replace the Affordable Care Act (ACA).The House bill has many moving parts but key are eliminations of taxes and penalties, the replacement of income-based subsidies with age-based tax credits, and significant reductions to funding of Medicaid. It also provides options for states to seek waivers of coverage and pre- existing condition mandates. The Congressional Budget Office (CBO) estimates the net effect will be... read more
By Eric Nitzberg
Posted on: June 9, 2017
Ethical breaches are all too commonplace in leadership today--even expected. It is especially disturbing in the public sector, where principles like truthfulness, public service and transparency are eroding to such a bewildering extent in the Trump Administration. Just one result is the recent conflict between officials in the White House and the Office of Government Ethics, which led to the disclosure of ethics wavers. It seems we are on a path to ever lower standards of ethical behavior at the highest levels of our government.In the private sector, bad ethics are bad for business. Consider... read more

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