Monday, February 8, 2010

Governor Patrick to unveil plans to boost the economy at Chamber forum

Governor Deval Patrick will address the Chamber's Government Affairs Forum Wednesday at the Westin Copley Place Boston. In his address, he will discuss plans to improve the Bay State's business climate.

In a Boston Globe exclusive, Governor Patrick and Senate President Therese agreed that the state needs to be more aggressive in steering the region out of economic turmoil and tackling the current unemployment rate of 9.4%. Their plans include a $50 million tax credit for small business, a plan to make available $25 million in loans to small businesses, and a proposal to freeze unemployment insurance rates, which are set to rise on April 1. With the support of House Speaker Robert DeLeo, Patrick and Murray also released a proposal to consolidate three state agencies that provide credit to small businesses in order to streamline the process of businesses seeking to keep jobs, add jobs, or locate in Massachusetts.

To read more, please click here.

To register for the Governor Patrick forum, please click here.

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