Governor announces Vermont economic stimulus packageGovernor Jim Douglas announced a $214 million dollar economic stimulus package in hopes of making Vermont the first state to bounce back from the national recession. His 15-point plan, which would cost the state $3 million in spending but generate more than $70 million alone in its first year, has caused a rift between Republican and Democratic leaders who are scrambling to review it before the session comes to a close in two weeks.The package, which the administration says could generate more than $214 million for the state in the next five years, addresses issues of construction, housing, transportation, student loans, and even proposes two tax free holidays.One suggestion involves state bonding for $80 million over the next five years to pay for road and bridge repairs, which would create construction jobs and accelerate infrastructure repairs. Even though Douglas previously rejected an increase in the state’s bonding, he says that his administration reduced the state’s bonding debt, and that a harsh winter, increase in gas prices, higher construction costs, and the current state of the economy mean Wall Street investment firms will understand if the state needs more money.He also proposed reducing the $30 million annual transfer from the Transportation Fund to the General Fund by $4.5 million every year beginning in 2010. The cut would last until the transfer was reduced to $15 million that would go towards state police funding.In an attempt to address the current housing shortage, Douglas’ package proposes leveraging state retirement funds to provide $17.4 million to help first time home buyers and low income Vermonters hold onto their houses. He also wants to pass a portion of his New Neighborhoods housing proposal which would streamline permitting, generating 400 additional housing projects and $22 million in construction jobs.The plan also calls for student and small business loans, and tax credits for manufacturing businesses in areas with higher unemployment. There is also talk of a two day sales-tax free tax holiday and a week of no sales tax on Energy Star- related home appliances.Reactions were split along party lines, with support coming from Republicans and disapproval from a majority of Democrats, who believe that his housing plans are over politicized and over promised and that the entire package is hastily constructed. There is concern over whether the stimulus plan can go through legislature before the session ends in two weeks.Full text of Douglas’ speech can be found at www.vermontbiz.com.
Inter management are set to meet with Tottenham Hotspur, who continue to demand €20 million, tomorrow afternoon and it is during this meeting that the Nerazzurri will raise their current €15 million offer up to €18 million.Eriksen is in the Tottenham Hotspur squad for tonight’s Premier League match with Norwich City and he is likely to play.Despite this, his mind remains set, he wants to move to Inter as soon as possible.The 27-year-old Danish international, who has been with the north London club since a 2013 move from Ajax, has been near ever present for Spurs this season.Inter Set To Raise Offer For Top Target Eriksen To €18m https://t.co/UqL86RYttb pic.twitter.com/CJa7ItdDAl— Totenham Hostpur News (@News2019Thfc) January 22, 2020Read Also: Mourinho downplays training ground bust-up with England starEriksen, who will reportedly sign a four and a half year deal with Inter once the clubs agree a fee, has made 27 appearances across all competitions.In 1562 minutes on the park, he has scored three goals and assisted just as many. FacebookTwitterWhatsAppEmail分享 Loading… Inter will soon raise their offer for Christian Eriksen according to a report in today’s print edition of Gazzetta dello Sport.https://www.instagram.com/p/B2_WLGdAZKm/Advertisement Promoted ContentCouples Who Celebrated Their Union In A Unique, Unforgettable Way8 Weird Facts About Coffee That Will Surprise You6 Interesting Ways To Make Money With A DroneEverything You Need To Know About Asteroid ArmageddonThe Funniest Prankster Grandma And Her Grandson8 Things That Will Happen If An Asteroid Hits EarthWhat Happens To Your Brain When You Play Too Much Video Games?7 Ways To Understand Your Girlfriend BetterWhich Country Is The Most Romantic In The World?The 6 Weirdest Things You Can Learn On WikiHowPlaying Games For Hours Can Do This To Your BodyBest & Worst Celebrity Endorsed Games Ever Made