Friends of Manufacturing

New Proposal Threatens Family-Owned Manufacturers

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Whether it’s the Main Street hardware store with top-notch customer service or the local manufacturer that has provided stable and well-paying jobs for generations, family-owned manufacturers and businesses play an essential role in communities across the nation and the broader U.S. economy.

Unfortunately, despite the significant benefits provided by family-owned manufacturers across the country, these companies are strapped with a considerable tax and regulatory burden, courtesy of the federal government. Many business owners struggle to pass on their business to the next generation. And the tax burden could increase considerably under a proposal from the U.S. Treasury impose complex planning, legal and costs on family-owned manufacturers and businesses, taking away much needed resources that would enable businesses to reinvest in their company and hire new employees. 

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Key Senate Race Watch – North Carolina Manufacturers: Which Senate Candidate Are YOU Voting For in November?

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Senator Richard Burr, a Republican, is a current North Carolina senior U.S. Senator. Previously, he represented North Carolina’s 5th congressional district in the U.S. House of Representatives. Prior to serving in Congress, he worked for Carswell Distributing.  

Deborah Ross, a Democrat, is a lawyer. Prior to running for election to the U.S. Senate, she was a member of the North Carolina General Assembly, representing the 38th district. She served five terms in the North Carolina House of Representatives. 

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Key Senate Race Watch – Indiana Manufacturers: Which Senate Candidate Are YOU Voting For in November?

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Representative Todd Young, a Republican, is the current U.S. Representative for Indiana’s 9th congressional district, having served since 2011.  Previously, he served in the U.S. Marine Corps.

Evan Bayh, a Democrat, is a lawyer and former junior U.S. Senator for Indiana, serving from 1999-2011. Prior to serving in the Senate, he was the 46th governor of Indiana. 

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Key Senate Race Watch – Illinois Manufacturers: Which Senate Candidate Are YOU Voting For in November?

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Senator Mark Kirk, a Republican, is the current Illinois junior U.S. Senator. Previously, he represented Illinois’s 10th district in the U.S. House of Representatives. He also served in the United States Navy Reserve as a Direct Commission Officer.

Representative Tammy Duckworth, a Democrat, is the U.S. representative for the 8th district of Illinois. Prior to being elected, Duckworth was the Assistant Secretary for Public and Intergovernmental Affairs in the Department of Veterans Affairs, and worked as the director of the Illinois Department of Veterans Affairs. 

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Key Senate Race Watch – Pennsylvania Manufacturers: Which Senate Candidate Are YOU Voting For in November?

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Pat Toomey, a Republican, is the junior U.S. Senator for Pennsylvania, having served since 2011. Previously, he was a U.S. Representative from 199-2005, representing Pennsylvania’s 15th District. In the Senate, Toomey serves on the Committee on Banking, Housing and Urban Affairs, the Committee on the Budget, Committee on Finance and the Congressional Joint Economic Committee.

Katie McGinty, a Democrat, is the chief of staff for Governor Tom Wolf of Pennsylvania. She is a former environmental advisor to Al Gore and Bill Clinton. Previously, she served as Secretary of the Pennsylvania Department of Environmental Protection.

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Weekly Political Update -- October 21, 2017

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President

The presidential campaign continues to trend in Hillary Clinton’s direction.  This week’s Donald Trump statements in the final debate alluding to a coming “rigged” election is once again bringing Republican leaders forward to publicly disagree with their own nominee.

Polling for the week finds nine national polls being released.  All but two see the former Secretary of State forging a lead, and the spread is generally wide.  Rasmussen Reports (10/18-20; 1,500 US likely voters), which has been the most consistently favorable Trump pollster, finds the Republican leading 43-41%.  Investors Business Daily/TPP (10/15-20; 789 US likely voters) sees a one-point Trump lead, 41-40%.

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Key Senate Race Watch – New Hampshire Manufacturers: Which Senate Candidate Are YOU Voting For in November

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Senator Kelly Ayotte serves as the junior Republican United States Senator for New Hampshire. Previously, she served as the attorney general of New Hampshire from 2004-2009. She was also a clerk for the New Hampshire Supreme Court.

Governor Maggie Hassan serves as the 81st Governor of New Hampshire. Hassan previously served in the New Hampshire State Senate as a Democrat representing the 23rd district from 2005-2010. She was also the Majority Leader for the New Hampshire State Senate from 2008-2010.

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Key Senate Race Watch – Wisconsin Manufacturers: Which Senate Candidate Are YOU Voting for in November?

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Senator Ron Johnson, a Republican, is a U.S. Senator for Wisconsin and the chair of the Senate Homeland Security Committee. Before getting elected to the Senate, he was the CEO for PACUR, LLC, a polyester and plastics manufacturer.

Former Senator Feingold, a Democrat, is a lawyer. He served as U.S. Senator for Wisconsin from 1993 to 2011. Prior to being elected to the Senate, he represented Wisconsin’s 27th District in the Wisconsin State Senate. 

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Weekly Political Update -- October 14, 2017

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President

The fallout from Donald Trump’s leaked videotape revealing lewd comments about women from eleven years ago continues.  More and more Republican officeholders are jumping ship, but some are now re-tracking their re-tracked endorsement.  Trump retaliating against the Republican leadership that is deserting him could send the campaign on a final downward spiral.

There were five polls where the sampling period came fully after the Trump videotape revelation.  The NBC News/Wall Street Journal survey (10/8-10; 806 US likely voters) sees Hillary Clinton leading Trump, Libertarian Gary Johnson, and Green Party nominee Jill Stein, 46-37-8-2%.  The Politico/Morning Consult tracking poll (10/10; 1,757 US likely voters) detects a five-point Clinton margin, 42-37-10-3%, as does Insights West (10/10-11; 953 US likely voters; 42-37-6-2%). 

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Second Presidential Debate: Manufacturing Voters Are Tuning In To Learn More About Each Candidate's Plan For A Growth Agenda

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Hillary Clinton and Donald Trump will again take the stage and outline ideas and policies they think will improve the country in the second presidential debate. From tax reform to health care to trade, it’s important to know where each candidate stands on issues and policies that impact manufacturers and the jobs they provide. 

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