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Congress Passes Cliff Deal

Wall Street Journal (01/02/13) Janet Hook

The House of Representatives late Tuesday passed and sent to President Obama legislation to avert big income tax increases on most Americans and prevent large cuts in spending on government programs. The measure, brought to the House floor less than 24 hours after its passage in the Senate, was approved 257 to 167, with 85 Republicans joining 172 Democrats in voting to allow income taxes to rise for the first time in two decades, in this case for the highest-earning Americans. Voting no were 151 Republicans and 16 Democrats. The bill was expected to be signed quickly by the president. The legislation allows taxes to go up on household income over $400,000 for individuals and $450,000 for couples, marking the first time in more than two decades that a broad tax increase has been approved with Republican support.

The compromise dodges one cliff, but it sends Congress heading toward another. In two months, the delayed $110 billion in spending cuts will again kick in. At the same time, the U.S. will face the need to increase its borrowing limit, a change that can only be made by Congress. That sets up another potential fight, one with possibly more damaging consequences. Republicans want to use the debt ceiling to extract spending cuts, but the president has said he will not negotiate on that issue. The two-percentage-point payroll-tax break that existed for 2011 and 2012 expired on Dec. 31 and was not revived by lawmakers.

Randstad Technologies and Technisource Join Forces to Deliver Comprehensive Portfolio of Technology Talent and Solutions

PR Newswire (01/02/13)

Randstad announced today that its flagship technology services firm, Randstad Technologies, will join together with Technisource, a provider of technology talent and services, to create one comprehensive total information technology resource. The combined companies will operate under the Randstad Technologies name.

New Contract Inked for Hiring of Rhode Island Government Temporary Workers

Providence Journal (Rhode Island) (01/01/13) Katherine Gregg

The administration of Rhode Island Gov. Lincoln Chafee has signed a new multimillion-dollar contract with Adil Business Systems for the hiring of hundreds of contract employees. Adil Business Systems has had a temporary staffing contract with state government in Rhode Island since 2007. The estimated cost of the new contract is $9.1 million a year, a potential $27.3 million over three years. Based in New York City, Adil currently has 284 contract workers in Rhode Island state government, including dentists and dieticians at the state prison and licensed practical nurses at the state hospital.