President Donald Trump, in a bold claim echoed by economists and business leaders, said his tax reform plan will be “like rocket fuel” for the economy. Last week, the U.S. House set the stage to approve that plan.
To get it to the President’s desk by end of the calendar year, Republican Leaders will have to reinforce some in their ranks against the tired litany that pro-growth tax relief is a “giveaway to the rich.”
Early last week, Environmental Protection Administrator Scott Pruitt announced the start of the repeal of an Obama energy mandate for power plants. The true goal of the mandate wasn’t lower global temperatures, as trumpeted by the Obama administration, but the crippling of the coal industry through manipulation of the fuel supply mix for power plants.
Senator Scott Martin (R-Lancaster) has cleverly taken a well-established principle in the retail business and applied it to protestors who corrupt the right to free speech: you break it, you bought it.
The Commonwealth Cost Reimbursement Act Legislation (SB 743), which Martin introduced with five other Senate Republicans, including Senate President Pro Tempore Joe Scarnati (R-Jefferson), would allow the local police or a local or state government to petition the courts to require protestors to cover the damages, including the costs of arrests, they leave behind.
It’s more than just the weather driving people South and West. North Carolina has enjoyed budget surpluses for five straight years. Over the same time, manufacturers there have created hundreds of thousands of high paying jobs, and business and personal income taxes have been slashed.
Late last week, a federal judge in Illinois dismissed a lawsuit filed against a one-year-old state law that subsidizes nuclear power through higher bills on residential and business customers. On Monday, the Electric Power Supply Association (EPSA), the lead plaintiff seeking an injunction, appealed the ruling to the 7th Circuit in Illinois, but the judge’s dismissal of the suit serves as a cautionary tale for a coalition of business and consumer interests in Pennsylvania working against such a law here: stop it from ever getting enacted in the first place.
The General Assembly returns to Harrisburg this week in search of more than $2 billion to fully fund, as required by law, the $32 billion spending plan that was sent to the governor last Friday. The available options are all unwelcome: borrowing; more gambling; increasing taxes; shifting money between funds.
Submitted by Maura Donley on Mon, 06/05/2017 - 11:34am
No matter what product is being made, manufacturers are taking raw materials or component parts and going through a multi-state process to yield a finished good. In doing so, they are almost always deploying some kind of chemical process and consuming a large amount of energy. For some manufacturers, energy is their most expensive cost input, which is why manufacturers require available, affordable, and reliable energy.
Submitted by Maura Donley on Mon, 04/24/2017 - 9:50am
Think About Energy panel to examine connecting infrastructure development to jobs and opportunities
HUNTINGDON, Pa. April 24, 2017 — On Wednesday, April 26, energy industry leaders will convene for a “Think About Energy: Connecting Energy to Jobs and Opportunities” panel discussion to examine the importance and impact of pipeline infrastructure build-out in Pennsylvania and the U.S.
Last week, Community and Economic Development Secretary Dennis Davin was pitching Pennsylvania at the World Petrochemical Conference in Houston, armed with tantalizing new data.
“We are pretty new to the petrochemical business so there’s still a certain mindset to overcome when selling Pennsylvania,” Davin said. “But now I have the data to back up exactly what we have here, and it’s already making a difference in thinking about us.”