Wednesday, September 29, 2010

Daily Briefing, 9/29/2010

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

The Borough of Freemansburg has asked for $825,000 in gaming money to help cover upgrades to the municipal offices and its police station.  In Bethlehem, the city is running an over $2 million budget surplus.  In Easton, Mayor Sal Panto has extended a smoking ban on Centre Square.

The latest poll in the Senate and Governor's race (seems like we have a new one every day now) shows Pat Toomey leading Joe Sestak by 5% and Tom Corbett leading Dan Onorato by 8%.  In the legislature, negotiations and debate continue on a tax on Marcellus Shale.

The House and Senate appear likely to pass a budget stop-gap measure before Friday, one which is necessary to avoid a government shut-down.  The stop-gap measure appears likely to ignore some of the wishes of the Obama administration.  The head of non-partisan the Congressional Budget Office, Douglas Elmendorf, has said that the extension of the Bush tax-cuts will not be as helpful as other options that could help the economy more.

That's it for now!  Have a great day.

2 comments:

Jon Geeting said...

It isn't that they "won't be as helpful" - CBO said they'd actually harm the economy, by slowing growth. The same is true of the Obama partial extension. Elmendorf said the best option for growth and incomes is to let them expire completely.

Anonymous said...

Interesting how Bethlehem magically has a $2M surplus a month before the election! Also, how is that even possible when they were $8M in the red?