Wednesday, December 30, 2020

Biden accuses Trump's defense department and budget office of 'obstruction' -

President-elect Joe Biden accused President Donald Trump's political appointees at both the Department of Defense and the Office of Management and Budget of "obstruction" and refusing to provide key information to his presidential transition team during remarks in Delaware on Monday. 

"We have encountered roadblocks from the political leadership at the Department of Defense and the Office of Management and Budget," Biden said during prepared remarks after a briefing from his national security advisers. 

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Publisher: Business Insider
Date: 2020-12-28
Author: Eliza Relman John Haltiwanger
Twitter: @PoliticsInsider
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York City Council delays 2021 budget decision, shutdown looms

In an effort to avoid a government shutdown, York City Council members agreed to recess Tuesday evening's meeting until members could agree amicably over 2021 budget concerns.

Council members must agree to a finalized budget by Thursday. If a decision is not met by midnight Thursday, a government shutdown would effectively take place: City Hall and city services would close; city employees would not be paid. Emergency personnel such as police officers and firefighters would remain active.

Publisher: York Daily Record
Author: Neil Strebig
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RentPath Ends CoStar Acquisition After Lawsuit | PYMNTS.com

RentPath won't be acquired by CoStar Group , choosing to terminate the agreement, a press release stated, after the Federal Trade Commission (FTC) decided to sue to block the deal.

The FTC filed the suit because it said RentPath presented a competitive alternative to CoStar, which the proposed merger would have eliminated, the release stated, "to the detriment of customers."

RentPath said the "termination of the agreement is in the best interests of its customers, employees and all of its stakeholders," according to the release.

Date: 2020-12-29T21:35:57-05:00
Twitter: @PYMNTS.com
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Mid-Coast Solid Waste to vote on switching trash disposal company, proposed 2022 budget | PenBay

ROCKPORT —When the Mid-Coast Solid Waste Corporation Board of Directors convene Dec. 30 via Zoom they will be voting on two major pieces of business: 1) to switch the four-town disposal contract to a company in Norridgewock, and 2) to approve a budget for fiscal year 2022.

The meting begins at 6:30 p.m., will be held via teleconference through Zoom and streamed at youtube.com/TownofCamdenMaine .

The contract with Waste Management Disposal Services of Maine, in Norridgewick, replaces the existing contract with the Scarborough-based ecomaine, which the four towns of Camden, Hope, Lincolnville and Rockport, through their jointly held Mid-Coast Solid Waste Corp., have engaged with for the past three years.

Publisher: PenBay Pilot
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Harrison County Commission Approves 2021 Budget | News, Sports, Jobs - The Intelligencer

CADIZ – Harrison County has approved its 2021 general fund budget which is estimated at more than $8 million for the year.

The board of commissioners approved the $8,089,995.96 budget during Tuesday’s meeting. The budget has increased by more than $700,000 from the 2020 version of $7,326,085.39.

Commissioner Don Bethel said the increase is due to a few contributing factors including the county’s commitment of funds to two impending projects — the Freeport sewer project and the new county jail facility.

Publisher: theintelligencer.net
Twitter: @intelligencerwv
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New Budget and Stimulus Package Includes Changes to Paycheck Protection Program | McGuireWoods

On Dec. 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021, an omnibus stimulus and budget act that includes the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (HHSB Act). The HHSB Act makes significant amendments to the CARES Act impacting the Paycheck Protection Program (PPP).

Pending necessary regulatory guidance, below is a summary of the key changes to PPP under the HHSB Act.

In addition, forgivable non-payroll expenses were expanded to include certain operations expenditures, supplier costs and worker protection expenditures to the extent resulting from changes necessitated by COVID-19, as more fully described in the HHSB Act, as well as the costs of repairing property damage from civil unrest in 2020 that insurance did not cover.

Publisher: JD Supra
Twitter: @jdsupra
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Alaska's commercial fishery managers appear to be spared big budget cuts next year - Anchorage

As Alaska faces its toughest budget squeeze ever, the state's commercial fisheries are set to get a bit of a breather. But it is due more to fund swapping than lawmakers' largess.

For the commercial fisheries division, the largest within the Alaska Department of Fish and Game, the preliminary FY2022 budget released by Gov. Mike Dunleavy reflects a slight increase to $72.8 million, compared to nearly $68 million last year.

"I think we did really well this year," said Sam Rabung, commercial fisheries division director, speaking last week at a United Fishermen of Alaska webinar. "Where we're at right now, the Legislature actually restored many of the cuts that we sustained in FY20 and the governor didn't veto all of them so we got some funds back in FY21,"

Publisher: Anchorage Daily News
Date: 2020-12-29T17:25:50.358Z
Author: alaska fishing fish bone budget revenue fisheries fund authority rabung management way broth fishery state law bill seafood United States benefit congress funds debris division kind
Twitter: @${siteTwitterUser}
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5 Big Statements In Hedge Fund Third Point's Letter To Intel

Third Point LLC is urging Intel to consider selling its manufacturing operations and “failed acquisitions” to address what the New York-based hedge fund is calling “substantial problems.”

Daniel Loeb, CEO and founder of Third Point, made the recommendations in a Tuesday letter , which was addressed to Omar Ishrak, chairman of Intel’s board, and includes a scathing critique of the chipmaker’s leadership and its manufacturing capabilities. Third Point, which provided the letter to CRN , has taken a “significant stake” in the Santa Clara, Calif.-based chipmaker and plans to acquire more shares to push for change, Loeb said.

Publisher: CRN
Date: December 29 2020 04:17 PM EST
Author: Dylan Martin
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