The National Federation of Independent Business (NFIB) announced its opposition to H.R. 5408, the Faster Labor Contracts Act, citing concerns over federal government overreach into small business operations. The proposed legislation would allow the federal government to force newly unionized small businesses into binding arbitration to determine wages and benefit terms.

Key Vote for the 119th Congress

According to Adam Temple, NFIB Senior Vice President for Advocacy, the Faster Labor Contracts Act would strip newly unionized small businesses and their employees of their right to freely negotiate the terms and conditions of collective bargaining agreements. NFIB sent a letter to the U.S. House of Representatives in opposition to the legislation, which, if enacted, would give Washington bureaucrats the power to determine which firms succeed and which are forced to shut down.

Original reporting: NFIB (National Federation of Independent Business) — read the source article.