Tuesday, May 25, 2010

Daily Briefing, 5/25/2010

Good morning everyone, and we are back!  Sorry for the delay, but at least the excuse was good - your blogger got married over the weekend.  No, I'm not kidding.  But, anyway, we are back, and here is today's Daily Briefing.

First, the important news: The Flyers are going to the Stanley Cup!

As a result of the stimulus funding, Community Action Committee of the Lehigh Valley may see more work when it comes to distribution of home weatherization funds.  Lehigh County announced that Fountain Hill, Salisbury and Coopersburg will receive funding for transportation improvements - the money comes from the casino and goes to those three municipalities because drivers may go through them while heading to the Sands Bethlehem.  Speaking of the Sands Bethlehem, it received good news over the weekend, as Moody's upgraded the fiscal outlook of the Las Vegas Sands Corporation from a negative to a positive, at least in part as a result of the opening of table games in Bethlehem; however, its bonds remain in junk territory ratings.  A report from the American Society of Civil Engineers was released on Pennsylvania's infrastructure, and the report was damning, giving the state low-marks on a variety of infrastructure-related categories and a D+ overall grade. 

In state-wide news, Joe Sestak's claim that the White House offered him a job to not run against Senator Arlen Specter in the Democratic primary is continuing to make headlines, with Pat Toomey and others pressing Sestak for more details.

In national news, it appears that a deal has been agreed to that would call for the repeal of the Don't Ask, Don't Tell policy that would allow homosexuals to serve openly in the military.

We have one Chamber event today: our monthly Women's Business Council luncheon, featuring a discussion on the benefits of returning to school.

Business Matters aired yesterday - the show dealt with whether or not government gives too much or too little.  The show will be available online later today.

That's it for now!  We'll be back later.  Have a great day, and we'll see you soon.

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