Tuesday, November 9, 2010

Daily Briefing, 11/9/2010

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

According to a news release from our friends at the Lehigh Valley Economic Development Corporation, two Pennsylvania companies have been awarded over $2.3 million in loans to help move their business' forward.  PPL has announced its opposition to Mayor Pawlowski's proposed Earned Income Tax hike.

The Pennsylvania House of Representatives will not meet before its new members are sworn in, causing  consternation with the Governor and some of its members.

Congressman Darrell Issa (R-CA) is promising to massively expand House of Representative oversight of the Obama administration in the wake of last Tuesday's victory for the Republicans. Oil prices are climbing again, nearing $90 a barrel for the first time in two years.  Perhaps in reaction to the recession, Americans have paid off more than $1 trillion in personal debt.

Today is quite a busy day at The Chamber, with three events: an Easton/Forks luncheon with Jim Petrucci, a grand opening at Rapid Refile and an event on sales forecasting & manufacturing planning.

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


Anonymous said...

What is the Chamber's stance on the proposed increase to the Allentown Earned Income Tax?

Greater Lehigh Valley Chamber of Commerce said...

Hi Anon 3:07 - fair question. The answer is none (yet). It is something that is being looked at.

Anonymous said...

I hope you will post the stance in your daily brief when it is formulated. Any idea when?

Greater Lehigh Valley Chamber of Commerce said...

Hi 1:50 - if and when we take a stance, we most certainly will post it here. As for the when, I am not sure yet - it was being discussed to day, I know that much.