This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Corbett: Pa. Lacks Will To Pass 'right-to-work'

A right-to-work bill in the 50-member state Senate attracted just nine sponsors, all Republicans. Absent were the names of Senate President Pro Tempore Joe Scarnati, Majority Leader Dominic Pileggi and those of about a dozen Republicans from the Philadelphia and Pittsburgh regions. Just 35 members of the 203-member state House joined as sponsors to a bill in that chamber.

David Patti, a Corbett supporter who leads the Harrisburg-based business advocacy group, the Pennsylvania Business Council, said Monday that right-to-work legislation is barely on his list of priorities because it is "too much of a political lift."

"This is a very pro-labor state and for the larger firms, they have long ago come to some accommodation with the workforce and organized labor," said Patti, whose members include United States Steel Corp. and General Electric Co. "If I was waving a magic wand or could do it just because I said so, sure, but we're not making an effort on it."

Rep. Ron Miller, R-York, the House Labor and Industry Committee chairman for the past two years, said he saw no chance for right-to-work legislation after he failed to get enough House support to pass what he viewed as a modest prevailing-wage change that was opposed by private-sector construction unions.

"It is a very difficult lift and if the governor is saying he's not going to lead the charge, I don't see us getting it done," Miller said.

Amid protests by unionized nurses, autoworkers and others, Michigan could become the 24th state with a right-to-work law once House and Senate Republicans reconcile wording in separate bills passed speedily last week.

It is the latest blow delivered by Republicans to organized labor in a northern industrial state. Wisconsin curtailed collective bargaining for most public employees last year and Indiana enacted a right-to-work law this year.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs