Frank Knapp Jr.: Surprisingly, small-business owners agree with voters on toxic chemicals threat

AFP

We have heard an ongoing cry from organizations claiming to represent all businesses that they oppose any government action on toxic chemicals in our products, warning of increased costs and job losses. Now, a new independent poll shows that when it comes to protecting workers and consumers from negative effects of toxic chemicals, small-business owners agree with voters in that both want to be protected by stricter regulations.

Compromise moving in direction of Kaine campaign proposal?

AFP

President Obama has proposed allowing the Bush tax cuts to expire above $400,000 as part of negotiations to avoid the fiscal cliff. U.S. Sen.-elect Tim Kaine had suggested during his campaign allowing the Bush tax cuts to expire on income above $500,000 per year, a practical compromise between the position of Senate Democrats and President Obama and the position of House Republicans.

Bob Goodlatte: Fixing a badly broken ethanol policy

AFP

Common sense would tell you that if something is broken, it should be fixed. However, once again common sense has not prevailed within the Environmental Protection Agency (EPA). Just a few days ago, the EPA denied a waiver of the Renewable Fuel Standard (RFS) for this year. The EPA’s decision to deny much-needed relief to American livestock producers, food producers, and consumers was extremely disappointing. With a steep decline in corn production this year and a sharp increase in corn prices, the economic harm of the RFS is undeniable.

Warner, Toomey lead bipartisan effort to protect community banks

Chris Graham

U.S. Sens. Mark Warner (D-Va.) and Pat Toomey (R-Pa.) on Thursday led a bipartisan letter to Federal Reserve Chairman Ben Bernanke, Federal Deposit Insurance Corp. Acting Chairman Marty Gruenberg and Comptroller of the Currency Tom Curry urging financial regulators to consider the impact new Basel III capital standards would have on community banks. The letter is signed by 53 U.S. senators.