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Archive - May 23, 2012 - News Article

Commission eyes spending plans

May 23, 2012

Members of the North Central Pennsylvania Regional Planning and Development Commission [NCPRPDC] are keeping a sharp eye on federal and state spending plans as lawmakers continue to make budget adjustments.
"Not much has changed when we're looking at the federal budget updates," said Eric Bridges, the commission's executive director. "We're pretty much where we were a week ago when conversations started. Appropriation bills on the federal side are moving through each respective chamber."

Banking act gains supporters

May 23, 2012

A banking act enacted in 1933 regained attention at Monday night's Ridgway Borough Council meeting since council first adopted a resolution in support of the Glass-Steagall Act in June of 2011.
Ridgway resident William Granche attended Monday's meeting to update the council on the Glass-Steagall Act, also known as "The Return to Prudent Banking Act."
The Banking Act of 1933 was a law enacted June 16, 1933 to establish the Federal Deposit Insurance Corporation [FDIC] in the United States and to impose banking reforms.

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