Gov. Wolf hosts press conference to highlight steps taken towards strengthening PA's economy

Gov. Wolf hosts press conference to highlight steps taken towards strengthening PA's economy

Gov. Tom Wolf hosted a press conference Thursday afternoon where he highlighted the ways he has worked to improve Pennsylvania through economic development. 

Wolf highlighted the three main ways he has focused on to help move the commonwealth forward including, modernizing and improving Pennsylvania's education system, investing in community and economic development and prioritizing investments in infrastructure. 

Thursday, January 10, 2019/Author: Kara Barmoy
Categories: Video
Nuclear power legislative allies release report, call for state action to save industry

Nuclear power legislative allies release report, call for state action to save industry

A bipartisan group of General Assembly members, surrounded by cheering plant employees in a cramped Londonderry firehouse, released a report Thursday that called on their colleagues to take action and support the flagging nuclear power industry.

Sen. Ryan Aument (R-Lancaster), a co-chair of the Nuclear Energy Caucus, laid out high stakes if the industry, which produces 42 percent of the state’s electricity, was left to perish as energy prices plummet, at least partially because of competition from natural gas.

“We’re not talking about a bailout, we’re not talking about a subsidy, we’re talking about valuing each resource appropriately,” Aument said. “Basing long-term energy decisions on short-term price...I think that’s foolish.”

Thursday, November 29, 2018/Author: Stephen Caruso
Categories: News and Views
Potential billions for Amazon draws criticisms from legislature

Potential billions for Amazon draws criticisms from legislature

Despite a $4.6 billion offer, having two cities on the public shortlist and the decision to plant two locations instead of one, Pennsylvania did not land online retail giant Amazon’s second headquarters.

Both Philadelphia and Pittsburgh were named as finalists for the project earlier this year, which would have led to $5 billion in private investment and 50,000 jobs before the Amazon decided to split HQ2 between two locations.

However, the multibillion dollar incentives, combined with many local concessions, prompted bipartisan politicians to sound off with their displeasure with the offer.
Tuesday, November 20, 2018/Author: Stephen Caruso
Fair work week legislation through committee after marathon hearings

Fair work week legislation through committee after marathon hearings

A bill to create fair work week employment standards in Philadelphia had City Council members, media, and the assembled public working beyond normal business hours.

After nearly three hours of public testimony on Tuesday afternoon, and with the public meeting portion suspended for almost another hour for deliberations and amendments, the Committee of Law and Government passed through the bill 5-2. The vote split along party lines.
Thursday, November 1, 2018/Author: Marco Cerino
Categories: Philadelphia
PA Chamber floats tax reform plan including lower corporate tax rates, retirement income levy

PA Chamber floats tax reform plan including lower corporate tax rates, retirement income levy

A lower corporate income tax, a new tax on retirement income, regular property assessments and a broader sales tax base were all pitched in a new report on reforming Pennsylvania’s tax system sponsored by the PA Chamber.

The analysis, done by the conservative Tax Foundation, is an attempt to rectify what PA Chamber vice president of government affairs Sam Denisco said is a system with “a lot to be desired.” 

“For too long, our state’s uncompetitive tax structure has caused the Commonwealth to lag behind other states – missing out on economic opportunity and growth,” Denisco said in a statement. “In order to compete in today’s global economy, we need to take a page out of the federal government’s book and take a hard look at the shortcomings within the state’s Tax Code.”
Monday, September 10, 2018/Author: Stephen Caruso
Categories: News and Views
RSS
1234