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Smith: The question isn't Pelham, it's the GMCB

Sun, 12/10/2017 - 8:36pm -- tim

by Mike Smith The liberal advocacy group Rights and Democracy is calling on the Vermont Senate not to confirm Tom Pelham, Governor Phil Scott’s recent appointment to the Green Mountain Care Board. The reasoning: He’s too fiscally conservative. The group describes Pelham as “a voice for more health care austerity” and lacking “an everyday patient’s perspective.” His sin: He was critical of former Governor Peter Shumlin’s single-payer health care plan.

Four-year ‘SASH’ evaluation shows positive health outcomes, Medicare savings

Sat, 12/09/2017 - 10:27am -- tim

Vermont Business Magazine Improved health, reduced growth in Medicare spending and more health-savvy older adults: these are the findings of the latest federally funded, third-party evaluation of older adults living in Vermont affordable housing communities and enrolled in SASH (Support and Services at Home), a statewide, collaborative program of care and support that helps people stay healthy and remain at home.

New housing development under way in South Burlington

Fri, 12/08/2017 - 2:52pm -- tim

Vermont Business Magazine The foundation has been laid for a model home in South Burlington for a market-rate development between two of South Burlington's busiest thoroughfares. O’Brien Brothers officially cut the ribbon on a new residential community today on Hillside at O’Brien Farm, which over the next four years or so will become home to more than 100 families, featuring residences of architectural variety, a neighborhood recreational park, and sweeping views of the Adirondacks and the Green Mountains between Kennedy Drive and Hinesburg Road.

St Mike's president search down to three

Fri, 12/08/2017 - 1:47pm -- tim

by Timothy McQuiston Vermont Business Magazine Saint Michael's College has narrowed its search for a new president to three, according to Trustees Chair Mary-Kate McKenna. McKenna sent a letter to the St Mike's community Thursday saying the Colchester college has three current presidents as finalists for the position. Saint Michael's College President John J Neuhauser announced last May his plans to leave the college in June of 2018. The names of the three candidates were not revealed either in the letter or at the request of VBM.

Community Bank presents Special Olympics Vermont Holiday Games Sunday

Fri, 12/08/2017 - 3:06am -- tim

Vermont Business Magazine Community Bank NA presents the 2017 Special Olympics Vermont Holiday Games December 10 at St Michael’s College and Spare Times Lanes in Colchester. Nearly 500 athletes and Unified partners will compete in swimming, floorball, and bowling. “We are very excited to be the presenting sponsor of the first ever Special Olympics Vermont Holiday Games” says Anita Bourgeois, Community Bank N.A. New England Regional Manager.

Sanders placed on tax bill conference committee

Thu, 12/07/2017 - 4:39pm -- tim

Senator Bernie Sanders I thank Leader Schumer for putting me on the so-called 'tax reform' conference committee. Let me be very clear: Both versions of the Senate and the House tax bills are morally grotesque and terrible economic policy. Both bills would provide massive tax breaks for millionaires and billionaires, increase taxes on millions of middle class Americans, raise the deficit by more than $1 trillion, and lead to savage cuts in Social Security, Medicare and Medicaid.

Tax revenues rebound in November

Thu, 12/07/2017 - 4:32pm -- tim

Vermont Business Magazine Personal income tax revenues, the most important General Revenue source, rebounded in November to push them up over 24 percent for the month (+$10.08 million) and ahead for the year. November marks the fifth month of fiscal year 2018. General Fund revenues collected for the month of November totaled $104.58 million, $8.30 million above the consensus cash flow expectation for the month. The November monthly consensus cash flow target reflects where General Fund receipts overall should be through the month, given the consensus revenue forecast for fiscal year 2018, adopted by the Emergency Board on July 21, 2017, according to Secretary of Administration Susanne Young.

NH to opt out of FirstNet plan, pursue alternative

Thu, 12/07/2017 - 2:18pm -- tim

Vermont Business Magazine Governor Chris Sununu announced today that New Hampshire will opt out of the FirstNet plan presented by AT&T, and will instead pursue a contract with Rivada Networks, LLC for the provision of an alternative plan for the build out of a high speed wireless broadband network for New Hampshire's first responders. Vermont Governor Phil Scott announced last week that Vermont would opt-in to the FirstNet/AT&T plan. New Hampshire is the first state to opt-out of what is intended to be a nationwide safety plan.

PAI: Cuts loom without additional revenue

Thu, 12/07/2017 - 12:04pm -- tim

Public Assets Institute This is the 11th year in a row that Montpelier has projected spending obligations will exceed state revenue projections going into the start of the legislative session. Maybe it’s time to acknowledge that the state’s revenue system isn’t keeping up with even modest budget growth. Projected General Fund revenue for next year is $1,591 million. That’s about $34 million more than Vermont had available to pay for base appropriations for this year ($1,557 million). If this revenue growth were distributed evenly, there would be enough for an increase of just over 2 percent across state government.

AG concerned about 'fake comments' to FCC on net neutrality

Thu, 12/07/2017 - 11:58am -- tim

Vermont Business Magazine Attorney General TJ Donovan raised concerns over the FCC for allowing “fake comments” to be posted on its public comment pages related to proposed rules that would roll-back net neutrality rules. “Net neutrality should be protected and preserved. Fake comments undermine the integrity of the entire process.” said Donovan. In July, the Vermont AG submitted comments to the FCC supporting an open internet.