Thursday, September 3, 2009

Daily Briefing, 9/3/2009

Good morning everyone! Here is today's Daily Briefing.

Muhlenberg College played host yesterday to a health care debate between Congressman Joe Sestak (D-7) and former Congressman Pat Toomey. The debate between Senate candidates focused around the proposed health care plan. In business news, Crayola has announced that it will use a 15-acre solar power park to help power its operations. The facility will ultimately power 10% of Crayola's operations. In Northampton County, the county solicitor has released an opinion that states that the voluntary furlough program proposed by County Executive Stoffa violates a judge's order. And it isn't quite "local" but its a problem that all cities are struggling with - in Reading, the city has a $15 million deficit - and the likely result is budget cuts and employee layoffs.

In national news, the drug giant Pfizer has been fined a massive $2.3 billion for fraud - the company has been accused of marketing drugs for purposes that were not FDA approved. In other news, President Obama will make his case for health care reform via a speech in front of a joint session of Congress on September 9. Two key economic reports can be expected today - a labor report and a monthly look at service complaints. Both are expected to demonstrate economic improvement but still show that problems remain.

We have one Chamber event today: a mixer at Sam's Club in Whitehall.

And that's it! Have a great day. We should be back later today with another entry.

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