fiscal cliff

5:04pm

Sun January 13, 2013
Health

Schumer touts return of rural hospital funding in Lewis County

Senator Charles Schumer announces the restoration of funding for low-volume and Medicare-dependent hospitals Friday at Lewis County General Hospital in Lowville.
Credit Joanna Richards

Democratic Senator Charles Schumer was at Lewis County General Hospital on Friday, touting the return of funding for New York's rural hospitals. The funding had been suspended for three months by Congress, and Schumer worked with Republican Senator Charles Grassley of Iowa to reinstate the funding as part of Congress's fiscal cliff deal.

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4:26pm

Fri January 11, 2013
Politics and Government

Maffei hopes for bipartisan cooperation on the economy

Just a week after being sworn in a second time, Syracuse area Rep. Dan Maffei appeared back in the district in East Syracuse Friday afternoon. The Democrat from DeWitt said that he hopes Congress will be able to work through their differences by focusing on the economy.

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3:27pm

Mon January 7, 2013
Business

Fiscal Cliff deal is good news for small business

While the Fiscal Cliff deal passed by Congress at the turn of the New Year raised taxes on some of the wealthiest people in America, it left many tax breaks in place that benefit small businesses. That is, along as they take advantage of them.

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9:23am

Mon January 7, 2013
Politics and Government

Rep. Buerkle says serving in Congress was an honor

Ann Marie Buerkle speaking at the 2012 CPAC in Washington, D.C.
Gage Skidmore Flickr

Last week, the Syracuse area saw returning Democrat Congressman Dan Maffei sworn-in and Republican Representative Ann Marie Buerkle leave office. WRVO's Catherine Loper spoke with Buerkle about the ups and downs of her time in Washington, D.C.

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7:41am

Mon January 7, 2013
The Upstate Economy

Wind energy tax credit extension means "big sigh of relief"

Sarah Harris NCPR

With several tax credits and incentives for the wind industry extended by Congress for at least another year, wind projects in upstate New York can move forward with a little more confidence.

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4:34pm

Fri January 4, 2013
The Upstate Economy

Unemployment figures worse for under-30s

The national unemployment level remained unchanged at 7.8 percent for December, according to Bureau of Labor Statistic figures released today. This is the 49th consecutive month unemployment has been above 7 percent but according to analysis from an interest group, those numbers don’t reflect the reality for young adults.

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4:25pm

Fri January 4, 2013
The Upstate Economy

Extension of wind energy production tax credit likely to trigger rush on components

Wind turbines at Marble River in Clinton, NY
Sarah Harris NCPR

The last-minute fiscal cliff deal brought good news for the wind industry. Congress agreed to extend production tax credits for wind energy producers until the end of 2013.

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9:50am

Wed December 26, 2012
Energy

Nearing fiscal cliff, wind industry waits

Sarah Harris NCPR

For wind energy producers, the looming expiration date for the production tax credits, or PTCs, is getting even closer. 

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7:57am

Tue December 18, 2012
Politics

Maffei ready to deal with fiscal cliff if need be

Maffei (right), seen here earlier this year with former President Bill Clinton, says he's ready to handle the fiscal cliff.
Ellen Abbott WRVO

He won't be sworn in until January, but congressman-elect Dan Maffei is carefully watching the fiscal cliff negotiations in Washington.

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4:46pm

Fri December 14, 2012
Politics and Government

Gillibrand says she's optimistic fiscal cliff can be avoided

Senator Kirsten Gillibrand is optimistic that the President Barack Obama and leadership of the House of Representatives will cut a deal to prevent the so-called "fiscal cliff."  New York's junior senator predicted there would be progress soon during a visit to Syracuse Friday.

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5:24am

Tue November 13, 2012
Politics and Government

Schumer: compromise is key to avoiding fiscal cliff

The focus in Washington, D.C. is now on the so-called "fiscal cliff," which describes the automatic budget cuts and tax hikes that are scheduled to go into effect at the end of the year if Congress and the president don't come to an agreement to reduce the deficit.  Senator Charles Schumer (D-NY) is among those saying that the election was a mandate for compromise.

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10:33am

Mon October 29, 2012
-Candidates in Depth

Interview: Congressman Richard Hanna runs for re-election

Hanna views new products at Remington Arms in Herkimer County earlier this year.
Richard Hanna for Congress

WRVO News interviews candidates in the region who are running in contended races on November 6. Republican incumbent Congressman Richard Hanna is running against Democrat Dan Lamb in the re-drawn 22nd Congressional district

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9:39am

Wed October 10, 2012
Politics and Government

State comptroller predicts Wall Street profits up in volatile economic climate

Profits on Wall Street are going to be up this year, according to a new report from the New York state comptroller, but are still below their pre-recession highs. The report also finds fewer job losses in the securities industry, and many economic uncertainties ahead.

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