News
The Vermont legislature is currently considering a proposal by Governor Douglas, which he announced along with members of the Senate Economic Development Committee, to dedicate $8.67 million in available federal stimulus funds for economic development.
Fitch Ratings has assigned an "A+" rating to Vermont Housing Finance Agency's 1990 single-family housing bond resolution.
The America's Great Waters Coalition has designated Lake Champlain a national “Great Water.” A joint project of the National Wildlife Federation and 30 additional organizations, the Coalition was started in December 2009 to preserve the “Great Waters” of America.
In response to numerous concerns and issues that have been raised by Governor Douglas, Vermont Department of Public Service Commissioner O’Brien, state and federal legislative leaders and the public at large, Entergy Corporation has pledged to place the highest priority on restoring trust with Vermonters.
The January 2010 Mortgage Monitor report, released by Lender Processing Services, Inc. (NYSE: LPS), a leading provider of mortgage performance data and analytics, showed that home loan delinquency rates in the US have now surpassed 10 percent. Factoring in foreclosures in process, according to the data in LPS' database, the total non-current rate sits at 13.3 %.
Governor Jim Douglas today met with 10 other Governors, Cabinet members and high ranking Administration officials to discuss energy policy with President Obama and Vice President Biden.
Following four consecutive weeks of decline, weekly unemployment rose slightly. For the week of January 30, 2010, there were 1,072 new regular benefit claims for Unemployment Insurance last week, an increase of 50 from the week before. Altogether 14,961 new and continuing claims were filed, an increase of 126 from a week ago and 1,287 fewer than a year earlier.
According to an Associated Press report filed yesterday, Entergy Nuclear has removed a Vermont executive responsible for inaccurate statements made last spring under oath regarding the Vermont Yankee nuclear power plant.
Verizon Wireless Executive Director for State Public Policy, Daniel Mullin, said the company supports efforts by the state of Vermont to ban texting and e-mailing while driving.
Mullin made the following statement today:
The law firm of Langrock, Sperry & Wool, LLP has begun a year-long celebration of their 50 years of service in Vermont with a series of charitable contributions known as 50 for the 50th. Each month for the next year, Langrock will be making donations of 50 to charitable organizations throughout Chittenden and Addison counties.
Central Vermont Public Service met all of its service quality standards in 2009, the sixth straight year it achieved that goal.
“We believe that’s the best record in Vermont,” said Joe Kraus, senior vice president for engineering, operations and customer service.
A new retirement plan for Vermont teachers that would save the state $15 million a year and help to resolve a lack of pension funds was introduced by legislators on Friday, according to a story in the Burlington Free Press.