Friday, January 28, 2011

Daily Briefing, 1/28/2010

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

The Bethlehem Area School District has proposed a 9.27% property tax increase in its initial budget.
National Penn banks reported a profit for the 2nd straight quarter.  Musikfest is expanding to Bethlehem's South Side, but keeping most of its Center City stages after a sponsorship from the Downtown Bethlehem Association.  The Northampton County election commission was supposed to meet to review Gracedale petition signatures, but that meeting was postponed until Monday.  In local news, four have announced that they are running for Lehigh County Judge, with State Representative Doug Reichley saying he is considering a bid.

President Obama will be in Pennsylvania next week - the exact location has yet to be announced.

A major report on the U.S. economy is expected to come out today, with economists predicting a 3.5% increase in the GDP.  Jay Carney, Vice President Biden's Communications Director, will be President Obama's new press secretary.
Some products like laundry detergent and paper towels will see price increases as a result of an increase in the costs of raw materials.  Congressman Mike Pence (R-IN) has announced that he will not run for President.

That's it for now!  Have a great weekend, and we'll see you Monday!

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