Skip to content

Economy

Lawmakers use exclusive enclave as launching pad for payday lending fight

Recently, two state lawmakers chose Jefferson County’s Mountain Brook neighborhood as a backdrop to introduce a payday lending reform bill. The legislation’s sponsor and co-sponsor are State Rep. Danny Garrett, R-Trussville, and State Rep. David Faulkner, R-Mountain Brook, respectively. According to a report of the event by al.com, “the lawmaker [Garrett] said he’d like to … Continued
February 26, 2019

Lawmaker files bill to re-up Legislature’s Joint Transportation Committee

An Alabama lawmaker filed a bill Monday to reorganize the Legislature’s Joint Transportation Committee. The committee reviews the long-term plans and budget for the Alabama Department of Transportation. Sen. Clyde Chambliss, R-Prattville, Monday filed a bill to authorize the reorganization of the committee. “There has been much discussion about the upcoming session and, specifically, funding … Continued
February 26, 2019

Report: States can improve health outcomes by investing in public services

A report from the Center on Budget and Policy Priorities says states and localities can improve residents’ health by investing more in education, the environment, infrastructure and other public services. The report found that investing in these vital services can eliminate barriers to good health, especially for low-income residents and communities of color. Among the suggestions … Continued
February 22, 2019

Sewell expresses concern about auto tariffs

U.S. Rep. Terri Sewell, D-Selma, said Tuesday that she is deeply concerned about a U.S. Department of Commerce’s confidential report on Section 232 national security tariffs that could lead to President Donald Trump imposing tariffs on foreign automobiles. “I am deeply concerned about the Department of Commerce’s Section 232 national security report on autos, as … Continued
February 21, 2019

Alabama Power closes coal-fired plant, cites Obama-era regulations

The Alabama Public Service Commission blamed Obama-era regulations and emissions mandates for the closing of a historic coal-fired power plant in Walker County on Wednesday. “In 2008, candidate Obama declared war on coal and promised to bankrupt anyone who built a coal-fired electricity plant,” the PSC said. “President Obama immediately went to work signing one … Continued
February 21, 2019

Ivey announces Grand River Technology Park project to reclaim abandoned mining sites

On Wednesday, Gov. Kay Ivey, the Alabama Department of Labor’s Abandoned Mine Land program and the United States Steel Corporation announced a collaborative effort to create the new Grand River Technology Park and relocate the Southern Museum of Flight. The US Steel Corporation received a $6 million grant in 2018 from the Alabama Department of … Continued
February 21, 2019

Brooks says socialism is a failed economic system

Rep. Mo Brooks, R-Alabama, denounced the “Green New Deal” last Thursday that Rep. Alexandria Ocasio-Cortez, D-New York, proposed. “Socialist Democrat’s so-called “Green New Deal” is a raw deal for Americans,” Brooks said. “The proposal amounts to a vague manifesto of radical Socialist Democrat policies that promises ‘massive government intervention’ and the ‘economic transformation’ of America. … Continued
February 14, 2019

Brooks credits Trump trade policies for U.S. Steel resuming work on furnace in Fairfield

U.S. Steel announced Monday that it was resuming work on the idled electric arc steel furnace at the historic Fairfield Works. Rep. Mo Brooks, R-Huntsville, credited President Donald Trump’s trade policies for the announcement that will create 150 steelworker jobs. “U.S. Steel reopening in Birmingham and adding 150 new jobs is a prime example of … Continued
February 13, 2019

Jones bill would require Department of Defense to justify “national security tariffs”

A bill proposed by Sen. Doug Jones, D-Alabama, and a group of bipartisan senators would require the Department of Defense, rather than the Commerce Department, to justify national security tariffs. Congress would also be able to kill the tariffs by passing a motion of disapproval. Jones is sponsoring the bill with Ohio Republican Sen. Rob … Continued
February 7, 2019