NEWS ROUNDUP
Election 2015, TPP sellout, WeWork win…
Monday, October 19, 2015
ELECTION 2015
EDITOR’S NOTE — Union members can download a candidate comparison flier explaining where the candidates stand on the issues, and why Gregory earned labor’s endorsement in this race.
► In the (Everett) Herald — I-1366 would result in a mess (editorial) — I-1366 offers a choice between two paths: Amend the constitution to require a two-thirds majority for tax increases and even revenue-neutral tax reforms, or face a budgetary crisis.
ALSO at The Stand — WSLC urges rejection of Eyman’s I-1366
► In the Seattle Times — Tim Eyman’s legal woes, K-12 funding loom over supermajority initiative — The vote on I-1366 arrives amid a cloud of highly publicized ethics allegations against Eyman, who is accused by state election watchdogs of illegal profiteering off initiative campaigns.
LOCAL
STATE GOVERNMENT
► From Think Progress — Washington’s largest psychiatric hospital struggles with staff shortages, funding cuts — Federal regulators are mulling over millions of dollars of cuts to Western State Hospital, Washington’s largest psychiatric hospital, even as staff warn they’re stretched too thin and episodes of inter-patient violence make the headlines.
► From KUOW — The strange short story of Washington state’s income tax
BOEING
► In the Seattle Times — Will 787 program ever show an overall profit? Analysts grow more skeptical — Boeing’s projection of an eventual profit for the Dreamliner depends on very aggressive assumptions, given $32 billion in sunk costs already, and more expected in Wednesday’s earnings report.
FEDERAL GOVERNMENT
► From Politico — Budget talks stall before they even begin — Republicans are demanding changes to entitlement programs Social Security and Medicare, a request that’s already been rejected by Democrats. Democrats want boosts in domestic spending without painful cuts, a nonstarter for the GOP. Meanwhile, there’s no House speaker scheduled to serve past October. And private staff-level talks are making little headway.
► From Politico — The Freedom Caucus’s unprecedented insurgency — There hasn’t been a bloc like the Freedom Caucus for at least a century. Normally, a caucus of insurgents that refuses to work with its own party leadership would be willing to reach across the aisle. But that presupposes an interest in governing.
► From AP — House Republicans return to Capitol to face leadership mess — Attention is focused on Wisconsin Rep. Paul Ryan, the GOP’s 2012 vice presidential nominee, who is under pressure from party leaders to run for House speaker — a job he repeatedly has made clear he does not want.
NATIONAL
► And today’s sign of the apocalypse, in the NY Times — Walmart chief defends investments in labor — In the last year, Walmart has… raised its minimum starting wage to $9 an hour. Now, progressives may be cheering, but Wall Street is not. Investors fear that Walmart’s heavy investments in labor, in the Internet and in discounts will weigh on the retailer’s short-term earnings — and many are running the other way.
TODAY’S MUST-READ
EDITOR’S NOTE — Washington State Rep. Brady Walkinshaw (D-Seattle), who has used WeWork office space for his Seattle campaign office, was among those who worked with SEIU local 6 to organize letters of support for the janitors from Seattle. Nice job, Brady!
The Stand posts links to Washington state and national news of interest every weekday morning by 10 a.m.