Posted on 09 August 2012. Tags: Automotive Parts, Budget Cuts, Capitol Hill, Commerce Department, Deadlock, Diversified Companies, Economic Growth, Electrical Components, Electrical Products, Hubbell, Hubbell Inc, Last Quarter, New Hires, New York Times, Paralysis, Senate Democrats, Stalemate, Tax Increases, Tax Rates, Timothy H Powers
The New York Times reports today, “A rising number of manufacturers are canceling new investments and putting off new hires because they fear paralysis in Washington will force hundreds of billions in tax increases and budget cuts in January, undermining economic growth in the coming months. Executives at companies making everything from electrical components and power systems to [...]
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Posted in Senate News Briefing