Posts tagged tax incentives
US Steel Boss: Biden’s Block of Sale Shameful, Corrupt
January 5, 2025 // Pres. Trump Sees China as #1 Threat, See More Here Home | Newsfront Tags: bien | steel | sale | corruption US Steel Boss: Biden's Block of Sale Shameful, Corrupt By Michael Katz | Friday, 03 January 2025 07:51 PM EST facebook sharing buttontwitter sharing buttonlinkedin sharing button Comment|Print| A A David Burritt, the president and CEO of U.S. Steel, said Friday that President Joe Biden’s decision to block the company’s sale to a Japanese rival was “shameful” and “corrupt.” Biden’s long-awaited decision on the deal came in a presidential order posted Friday on the White House website, declaring Nippon Steel’s $14.9 billion bid for the U.S. steelmaker “prohibited.” White House press secretary Karine Jean-Pierre told reporters Biden was acting on a recommendation by the Committee on Foreign Investment in the United States that the acquisition “would place one of America’s largest steel producers under foreign control and create a risk for our national security and our critical supply chains.” “President Biden’s action today is shameful and corrupt,” Burritt said in a news release. “He gave a political payback to a union boss out of touch with his members while harming our company’s future, our workers, and our national security.”
Workers for Opportunity Applauds Gov. Kay Ivey for Signing Landmark Worker Freedom Legislation
May 14, 2024 // SB231 protects workers’ right to a private vote in union organizing campaigns at companies that receive taxpayer incentive dollars. Alabama joins Georgia and Tennessee in asserting that workers deserve to make decisions about who represents them in private and state taxpayers should not be subsidizing coercive unionization efforts. “The Mackinac Center for Public Policy’s national Workers for Opportunity initiative applauds Gov. Kay Ivey for signing this landmark legislation,” said Tony Daunt, senior director of Workers for Opportunity.