Wednesday, February 27, 2013
Gov. Deval Patrick addressed the Neponset Valley Chamber of Commerce to discuss how he plans to improve the Commonwealths economic development.
With the sequester on the minds of many business owners, Governor Deval Patrick said it is still too early to tell what can happen in Massachusetts during a discussion at the Neponset Valley Chamber of Commerce in Norwood Tuesday. "The question is if it that does happen, will it happen right away? Or at the next fiscal year? We don't know," Patrick said. The governor was confident during his economic opportunities and job growth discussion at the NVCC Tuesday the investments that are currently being made in education and infrastructure will not only help the economy, but will also help future generations. "I thought to myself, 'Our grandparents gave us that.' Like Route 3 and I-95 or the street I came down to get here this morning; like …
The sequester would automatically go into effect Friday, March 1 unless Congress takes action to stop it.
With uncertainty as to whether $85 billion in federal sequestration spending cuts will be stopped by Congress before Friday, it is unclear what impact it may have on Foxborough. Without action from Congress, the sequester would go into effect automatically on March 1, reducing spending by the state in a number of areas, including education, the environment, health, military and law enforcement, the White House said. The White House recently released a statement outlining the impacts the sequester would have state-by-state, including Massachusetts. Foxborough Town Administrator Kevin Paicos told Foxborough Patch he is unaware of any impacts the sequester may have on the town's budget. Paicos did say, however, that federal grants for …
Tuesday, February 26, 2013
Do you wonder what the 'sequester' will mean for Massachusetts? A White House report gives examples of where federal aid would be cut.
Massachusetts would see more than $91 million in federal funds cut from a myriad of programs if Congress fails to act this week to avoid the sequester, the Obama Administration said Sunday. In a move designed to pressure Republicans into accepting new taxes on the wealthy as part of a deal to prevent the sequester from taking effect on Friday, the White House released reports that outlined how those cuts would impact individual states, The Huffington Post reported. Here are some examples of what's on the chopping block for us here in Massachusetts, according to the report: After the reports were released, congressional Republicans criticized the Obama administration for the PR move, The Huffington Post reported. “Rather than issuing last-…
Jim
3:03 pm on Wednesday, February 27, 2013
About $38,000 per second. more ›