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American taxpayers bailed out the banks. They bailed out auto manufacturers. But at least they were our banks and automakers. Now, taxpayers are once again being asked to lend a hand. This time it’s to subsidize multi-billion-dollar foreign companies with names like Toshiba, Hitachi and Areva. If the going gets rough for them, taxpayers will…
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A quiet campus at Eastern Mennonite University? Not at all, especially this summer, with outside groups and auxiliary programs stretching the facilities non-stop from early May through mid-August and several major capital improvement projects happening simultaneously. The biggest project: what is being called “Phase II” of the University Commons, a $2.4 million funded project that…
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Edited by Chris Graham [email protected] U.S. Sen. Jim Webb, D-Va., joined Virginia-based Babcock & Wilcox Nuclear Energy Inc. and Bechtel Power Corporation on Wednesday to announce a formal alliance to design, license and deploy the world’s first commercially viable Generation III++ small modular nuclear power plant. Design work for the small modular reactors will…
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Column by Tom Perriello www.house.gov/perriello During last week’s Congressional District work week, I spent time in all 22 localities of the district to hear the needs and concerns of constituents and report back on progress made on jobs and economic relief. In addition to numerous individual meetings, I made stops on 14 Main Streets…
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Story by Chris Graham [email protected] Don’t call Bob Satterwhite and ask him to line you up with a green job. It’s not quite to that level yet, but the $5 million federal grant to the Shenandoah Valley Workforce Investment Board announced earlier this year is moving us in the direction of being on the…
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Special Report by Chris Graham [email protected] Waynesboro was once the envy of Western Virginia for its manufacturing economy. As recently as 1990, almost half of the city’s workforce was employed in manufacturing, whose rate of pay has traditionally been at least 40 percent and some years approaching 50 percent higher than the median income…
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The budget, voter ID and, yes, clotheslines, in the Senate of Virginia Column by Mark Obenshain www.markobenshain.com Another week of session is behind us, and although actual budget negotiations still lie ahead, producing a balanced budget remains the matter on everyones mind. The budget will be balanced, of course; the law requires it. The real…
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Edited by Chris Graham [email protected] Everything you wanted to know about the State of the Union, but were afraid to ask. We have the full texts and videos of President Barack Obama’s State of the Union address and Virginia Gov. Bob McDonnell’s Republican response. We also have reactions from Sens. Jim Webb and Mark Warner, congressmen…
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Staff Report News tips: [email protected] A Virginia Tech-led team of almost 20 partners has won $3.8 million in federal stimulus money to train workers for new, green jobs in the construction industry. The grant is expected to train some 400 workers over two years. “Faculty from the Virginia Tech College of Engineering and College…
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Speech at The Brookings Institution www.whitehouse.gov Almost exactly one year ago, on a frigid winter’s day, I met with my new economic team at the headquarters of my presidential transition offices in Chicago. And over the course of four hours, my advisors presented an analysis of where the economy at that time stood, accompanied…
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