Friday, December 3, 2010

Daily Briefing, 12/3/2010

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

Lehigh Valley unemployment ticked up last month, increasing to 9.5% from the previous 9.3%.  State Auditor General Jack Wagner and Treasurer Rob McCord are currently refusing to sign a $1 billion loan for RCAP funding, which is putting dozens of capital projects across the state on hold - these projects include many in the Lehigh Valley.  In Northampton County, unions have agreed to talk more with the county about possible contract renegotiations in order to avoid the possible sale of Gracedale, the county's nursing home.

The U.S. House of Representatives formally voted yesterday to censure Congressman Charles Rangel for violating 11 House ethics rules.  The House also voted yesterday to approve an extension on tax cuts for those making $250,000 or less, though the Senate is likely to turn that plan away.  Retailers beat their November sales expectations and posted the highest gains since March.

We have two Chamber events today:  a Slatington Tree Lighting & Mixer and a Grand Opening/Ribbon Cutting for the new Third Street cafe in Easton.

That's it for now!  Have a great day!

1 comment:

Anonymous said...

Kudos to Wagner and McCord!