Thursday, June 18, 2009

Daily Briefing, 6/18/2009

Good morning everyone! Here is what we have for you today.

In local news, Allentown faces a cash-shortage problem, with a shortage that could reach as high as $9 million out of an expected $80 million. In Northampton County, there has still been no action by county council about who will distribute casino money to the five surrounding municipalities - this means that no one will get the money, at least for a little while. In Allentown, CareerLink Lehigh Valley held its "Here to Help Day" - designed to help the unemployed find good jobs.

In state-wide news, Governor Rendell announced $500 million in cuts yesterday as he attempts to make a budget that will be passed by the legislature. The proposed cuts did not have any specific details except for what departments they would fall in. Meanwhile, more than half of the state's transportation stimulus funding has been allocated.

In national news, President Obama's push for health care reform suffered a serious set-back yesterday, as the Senate Finance Committee was unable to put together a package that would have passed and was forced to delay the bill. Has driving gotten more expensive for you? Probably. Gas prices have risen 50 days in a row, with prices nation-wide at about $2.68.

We have three Chamber events today: a mixer at the Allentown Municipal Golf Course's Brewworks eatery, a Speed Networking luncheon from the Two River's Area Chamber of Commerce and a SOLEBO mixer at PuttU on Route 309.

And that's it! Have a great day.

No comments: