REGFORM and AIM hosting webinar on MDNR Red Tape Reduction effort

Register now for a webinar hosted by REGFORM and AIM regarding the Red Tape Reduction efforts in the Missouri Department of Natural Resources to be held December 5 beginning at 11:45 a.m.  Members of REGFORM and representatives from the Department of Natural Resources will lead the discussion. Cost: $75 LEARN MORE & REGISTER NOW BY CLICKING HERE  

AIM and USDOL to host meeting/webinar on PAID – new program to help employers

The United States Department of Labor has a new program they want to tell employers about called the Payroll Audit Independent Determination (PAID) program. The program is a self-audit compliance program that can help employers that identify back wages due to employees because of overtime or minimum wage obligations pay those obligations without further penalty. The meeting is free, but you MUST register if you would like to attend the webinar or the luncheon workshop on December 11, 11:30 a.m. to 1:30 p.m., at the AIM lower level conference room located at 3234 W. Truman Blvd., Jefferson City, MO 65109. CLICK HERE TO REGISTER BEFORE 5:00 P.M. DECEMBER 7, 2018

USMCA Signed Today in Buenos Aires

President Trump, Canadian Prime Minister Trudeau and Mexican President Peña Nieto signed the U.S.-Mexico-Canada Agreement (USMCA) earlier this morning in Buenos Aires. This agreement is a replacement for NAFTA and is a major win for American businesses. The President and CEO of the National Association of Manufacturers, Jay Timmons, released this statement on the deal: “The signing of the USMCA is a landmark milestone for American manufacturing workers. Manufacturers called for a trilateral agreement, and this moves us one step closer to restoring certainty to the North American market, the biggest market for U.S. exports in the world. By securing the relationship with our North American allies, we are also better positioned to demonstrate a strong and united front against China’s unfair trade practices and end the harm they inflict on manufacturers in America.” “Manufacturers need certainty now, not later. With 2 million American jobs dependent on exports to Canada and Mexico, Congress should move expeditiously to review the USMCA

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Graves Elected Republican Leader of T&I Committee

On Friday, U.S. Representative Sam Graves, was to lead the Transportation and Infrastructure Committee as Ranking Member. Graves released the following statement: “I am honored to be chosen by my colleagues to lead this important Committee at such a critical time for our nation’s infrastructure,” said Graves. “Infrastructure seems to be at the forefront of everyone’s to-do-list and I believe my experience as a professional pilot and legislator coupled with my policy depth and conservative values will serve the conference well as we begin discussions on an infrastructure bill. “Addressing our crumbling infrastructure has long been a bipartisan issue, and I am intent on working with all my colleagues, the Senate, and President Trump to craft an infrastructure proposal that includes finding a long-term funding solution for the Highway Trust Fund. Infrastructure drives every aspect of our economy and at the end of the day, this effort will save people’s lives, time and money.” READ MORE HERE

Consumer incomes and spending surge in October

Americans in October matched their biggest increase in spending this year just as the holiday shopping season kicked off. According to the government, consumer spending jumped 0.6% last month. Incomes rose 0.5%. Inflationary pressures, meanwhile, did not move the needle. The 12-month rate of inflation was flat at 2%, as measured by the Federal Reserve’s preferred PCE gauge. READ MORE HERE

AIM Chairman of the Board, Jerry Hunter, selected to serve as a member of the transition team for current State Treasurer and incoming Attorney General Eric Schmitt

Missouri’s soon-to-be attorney general has recruited several individuals to help guide the transition to new leadership of the state’s top law enforcement office, including AIM Chairman of the Board, Jerry Hunter. Eric Schmitt, who is currently serving the state as State Treasurer, announced Todd Graves, Jerry Hunter, John Ashcroft, and John Danforth will all be apart of his transition team. “Incoming Attorney General Schmitt has established a well-qualified team with strong experience within the legal and law enforcement community to ensure a successful transition,” Hunter was quoted as saying in the Missouri Times. “I am honored to assist with this effort.” READ MORE HERE

Boeing Charitable Contributions in the Region

Corporate giving by Boeing will exceed $230 million in 2018, driven by $55 million in new charitable grants. Boeing’s total charitable contributions in Missouri are $12.6 million, including $2.5 million in charitable grants to 33 organizations. The total grants package will support 443 nonprofit organizations in 47 countries. Boeing amplifies its corporate giving through employee gift match programs. Some of these increased gift match levels were brought on by the Trump tax cuts. “Our people have unique skills and an unwavering passion for making a difference in the world, both through our products and services and the ways we give back to our communities,” said Dennis Muilenburg, Boeing chairman, president and chief executive officer. “When that’s combined with our professional networks, partnerships and financial resources, we have the potential to drive positive, lasting change across the globe in important areas such as STEM learning and veterans’ support.” The U.S. grants will support a range of nonprofits that will help a

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Kudlow says China must ‘do more’ to end trade war

White House economic adviser Larry Kudlow cast doubt Tuesday that President Trump will agree to a cease-fire in the U.S.-China trade war when he meets Chinese President Xi Jinping later this week. But Kudlow, the director of the National Economic Council, said the presidents’ meeting offered a rare chance to break the deadlock between the world’s two largest economies, which account for roughly 40 percent of global output. “President Xi has an opportunity to change the tone and the substance of these talks. It’s a big opportunity,” Kudlow said. He later added, “They have to do more.” READ MORE HERE

GOP chairman releases year-end tax package

House Ways and Means Committee Chairman Kevin Brady released a 297-page tax and IRS package that would address a variety of issues. The legislation includes provisions to renew expired tax provisions, make technical fixes to last year’s tax-cut law, provide incentives for retirement savings, provide tax relief for disaster victims and make improvements to the IRS. It would provide for a resolution of a number of tax issues in the final weeks of the year while Republicans still control both chambers of Congress. READ MORE HERE

Trump to Keep Mnuchin, Ross in Cabinet Posts for Now

According to sources, President Trump plans to keep Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross amid speculation of a broader shakeup in the president’s Cabinet. Trump has signaled that he plans to make changes at the most senior levels of his administration. Mnuchin and Ross are likely to remain in their posts. READ MORE HERE