Wednesday, October 5, 2011

Daily Briefing, 10/5/2011

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

In Allentown, the city is progressing in its efforts to start construction on the American Parkway bridge that would create another connection between its East Side and downtown.  In Bethlehem, City Council had to authorize another $300,000 in overtime for its firefighters.

In national news, New Jersey Governor Chris Christie again said that he would not run for President.  In West Virginia, Democrat Earl Ray Tomblin won a special election to remain Governor of the state.  Apple released its new iPhone yesterday, the iPhone 4S, but it was not the iPhone 5 that was rumored.  In comments to Congress yesterday, Ben Bernanke, Chairman of the Federal Reserve, told Congress that the recovery is "close to faltering."  President Obama signed a resolution that will allow the federal government to continue operating through November 18.

We have two Chamber events today: a President's Roundtable with Rob Vaughn of WFMZ and a mixer at Franklin Hill's Vineyard.

That's it for now!  Have a great day!

1 comment:

Jon Geeting said...

Actually what Ben Bernanke said was that cutting spending now would hurt the recovery. It's disappointing that your organization is not echoing this message, considering that it is also what Kamran Afshar is saying. Instead, you have brought in the national Chamber of Commerce to praise Charlie Dent for the Republicans' austerity agenda that economists say is killing the recovery.