by Morgan True vtdigger.org A new legislative proposal would freeze the funding for the Shumlin administration’s transition to a universal health care program if officials don’t present lawmakers with public financing details by February 2015. Governor Shumlin wants the universal program to go live on January 1, 2017. But fiscal year 2017 begins on July 1, 2016, and lawmakers want to have enough time to develop and pass a funding scheme, which could profoundly alter the tax code.
Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), on Tuesday announced the 1st Quarter results of their joint initiative, the VBR-EPR Business Conditions Survey. The survey, which is conducted quarterly, is the next generation of the Roundtable’s economic outlook surveys that began in 2004, and provides a more meaningful and predictive index going forward.
Driven in large part by the City of Burlington's partial settlement with CitiBank over the repayment of Burlington Telecom debt and by the city's overall economic health, a major credit rating service has improved the city's rating from "negative" to "stable." Moody’s Investors Service published a Ratings Report Monday, in which Moody’s improved Burlington’s credit rating outlook to “stable” – revising the City’s rating to “Baa3 stable” from “Baa3 negative.”
In its rating rationale, Moody’s shared the following:
Employer Support of the Guard and Reserve (ESGR), a Department of Defense office, has selected two employers from Vermont as semifinalists for the 2014 Secretary of Defense Employer Support Freedom Award.