The General Assembly’s vote to reduce the debt of a capital projects program is even more commendable considering what happened to the national debt limit – nothing. After weeks of political stalemate between President Obama and a polarized Congress, the federal government now has no debt limit until the arbitrary date of February 7. Whatever our debt rises to above $16.7 trillion, the last approved debt limit, that’s where it will stay until Congress votes to either raise or lower it, according to fiscal experts.
Deadline Approaching: October 11th Last Day for Manufacturers to Submit Suggestions to U.S./Canada Regulatory Cooperation Council
The Regulatory Cooperation Council is an initiative between the U.S. and Canadian governments to align a number of regulations to increase trade, decrease costs to businesses, and improve choice for consumers. Manufacturers face real impacts when it comes to regulations, so you are invited to be an important part of the process.
An old adage says that to predict what someone is likely to do look at what they’ve done. The past record for climatologists and their global warming models isn’t so good. In fact, it’s downright awful.
John R. Christy, a climate scientist at the University of Alabama, recently reviewed 73 climate models going back to 1979. He said that the predictions of every single one over-stated warming.
State Rep. Matt Gabler (R-75) ran against the odds when in 2008, he entered the Republican primary as a write-in candidate for his home county House seat. Democrats have held the seat that includes part of Clearfield County and all of Elks County 48 out of the past 60 years.
“I didn’t like the way I saw things going with the spending under the Rendell Administration, and the incumbent’s (Democrat Dan Surra) voting was pretty much in lockstep with the spending and tax increases,” Gabler said.
Steve Bloom is as “free market” as they come. “No economic system in the history of the world has worked as well as the free market to bring people from poverty to prosperity and free them from oppression,” Bloom said in a recent interview with the Pennsylvania Manufacturers’ Association.
In 2010, Eli Evankovich left a job as a financial analyst with U.S. Steel to run for a state House district that, on paper, wasn’t likely to welcome his Republican registration. The 54th legislative district in Westmoreland and Armstrong counties is nearly two-to-one Democratic in registration and had voted that way for decades.
“I owed it to my three kids. I don’t like the direction the country is headed and I don’t like what it was going to mean to them down the road.”
This week’s Pennsylvania Newsmakers features a Business Roundtable discussion of the major issues confronting the state legislature, as well as Common Core standards. Joining host Terry Madonna are business leaders Fred Anton, CEO of the Pennsylvania Manufacturers' Association, Gene Barr, President & CEO of the Pennsylvania Chamber of Business and Industry, and Dave Patti, President & CEO of the Pennsylvania Business Council.
The Effects of Pennsylvania’s Capital Stock and Franchise Tax