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Here's How Many People In Each State May Not Be Able To Afford Insurance If The Supreme Court Rules Against Obamacare
The Supreme Court is expected to issue a decision in a major new lawsuit against Obamacare this June, and the health coverage for millions hangs in the balance. This challenge to the Affordable Care Act, called King v. Burwell, came from longtime Obamacare opponents who claim that, because of a key phrase in the law, the federal government may provide tax credit subsidies only in states that operate their own health insurance exchanges. Thirty-four states declined to establish these marketplaces, and instead left that responsibility in the hands of the federal government. If the Supreme Court rules for the plaintiffs in this case, it would eliminate health insurance subsidies for 7.5 million low- and moderate-income people in those states, causing most of them to become uninsured when their premiums become unaffordable without financial assistance. Huffington Post
Submitted 1 hour ago

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Louisiana's religious freedom measure: Backlash mounts after Bobby Jindal's executive order
Technology giant IBM voiced "strong opposition" to Louisiana's religious freedom legislation as far back as mid-April, on the grounds that it protects discrimination against LGBT people. Other companies followed suit, triggering a snowball of similar statements. NOLA.com
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Bobby Jindal Continues His Legal Crusade Against The Common Core Law He Signed
Louisiana Gov. Bobby Jindal (R) has continued his legal battle against Common Core standards, despite the fact that he enthusiastically supported the standards in 2012. Jindal pushed for the implementation of standards, even as the state’s education department officials were concerned that a bill easing implementation of the standards wasn’t worth the political dust-up. Think Progress
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VIDEO: POLITICO Playback


Politico
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Breaking: McCrory vetoes 'ag-gag' bill
RALEIGH, N.C. — Gov. Pat McCrory on Friday vetoed a bill that would curb undercover investigations of workplaces, siding with animal rights groups and the AARP, which said it would block employees from blowing the whistle on malfeasance in workplaces ranging from factory farms to nursing homes. Wral.com
Submitted 3 hours ago

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N.C. Gov. McCrory vetoes bill to allow religious exemptions on gay-marriage duties
In a move that puts him at odds with leaders in his own party, N.C. Gov. Pat McCrory has vetoed a bill that would allow magistrates and other officials in North Carolina to opt out of performing same-sex marriages based on their religious beliefs. Charlotte Business Journal
Submitted 3 hours ago

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The Texas Legislature Can Take Texas' Economy Even Higher
The end of the 140-day, every two-year, legislative session of the 84th Texas Legislature is quickly approaching on June 1. While Texas has been the nation’s jobs engine for years based on the successful Texas model, legislators may give it a tune-up by passing a conservative budget, historic tax relief, spending limit reform, and structural property tax reform. Forbes
Submitted 4 hours ago

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Texas lawmakers reach agreement on open carry bill
AUSTIN (AP) — Texas lawmakers on Thursday negotiated a final version of a bill allowing licensed open carry of handguns, easing concerns of police and priming it for a vote that would send it to Gov. Greg Abbott. House and Senate negotiators said they stripped out a no-stop provision — language that sought to bar police from demanding to see the license of someone carrying a gun if they had no other reason to stop the person. Kxan.com
Submitted 5 hours ago

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Texas Loses Billions To Treat The Poor By Not Expanding Medicaid, Advocates Say
When the Supreme Court ruled that the federal government could not compel states to expand Medicaid programs, many Southern and Midwestern states opted out. One quarter of the uninsured live in Texas. NPR
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Stanley Fischer: First rate hike will be no big deal
Federal Reserve Vice Chairman Stanley Fischer said it was "misleading'' to give so much importance to the Fed's first interest rate hike since the process of returning to a more normal level will take a few years. Fischer, speaking in Israel, said that while markets largely expect the first rate hike in September, it will be determined by data and not by date. "If the (U.S.) economy is growing very, very slowly we will wait. If the economy is growing faster we will do it quicker,'' he said in a speech. CNBC
Submitted 22 hours ago

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 Randle Report - Business News in the South

 FEATURE  
By Stacy Randle
Demographer Wendell Cox recently analyzed the largest gains in holders of bachelor's and post-graduate degrees between 2007 and 2012 in the 51 metro regions in the U.S. of 1 million residents or more. The results were published in Forbes magazine and the South dominated the ranking.
 

 Business News in the South - Randle Report

FEATURE     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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