List/Grid Tag Archives: Senate
Congress weighs keeping payroll taxes lower
Democrats and Republicans appear to be in agreement: The 2% payroll tax break workers have been enjoying should be extended. The problem? They can’t come to terms on how to pay for it. So far the divided Senate has shot down two bills that would’ve extended the payroll tax holiday, which slashes the percentage of [...]
401(k) to pay the mortgage? New bill wants it to happen
Should employees be allowed to use their retirement nest egg to save them from foreclosure? Some on Capital Hill think so. The HOME Act was just introduced in the House and Senate. It would allow Americans to make withdrawals, penalty free, from their retirement accounts to make mortgage payments. The amount of funds able to [...]
New bill would reduce federal workforce, perks
Legislation has just been brought before the Senate that would significantly reduce the size of the federal workforce and extend pay freezes.
The bill, dubbed the Federal Workforce Reduction and Reform Act, seeks to reduce through attrition the size of the federal workforce to 85% of its current size by 2022.
Overall, it’s expected to save [...]
Can GOP repeal grandfather limits? Not likely, but it’s trying
House Republicans recently tasked three committees with writing legislation to repeal the healthcare reform law’s grandfathered plan restrictions.
Currently, for companies to hold on to their health plan’s grandfathered status — and avoid having to comply with several healthcare reform mandates — they are unable to pass much in the way of health plan costs [...]
Potential benefits for CA caregivers: Workers’ comp, OT
A new Domestic Workers Bill of Rights, dubbed by critics as “The Babysitter’s Bill,” was just passed by the California State Assembly and would provide many workers with benefits they haven’t seen before.
The bill, which is expected to pass the California Senate in January, would require employers of domestic workers over the age of [...]
