The amount of property tax relief Maine residents claimed under a new state tax credit will fall $9-12 million short of the $34 million forecast, according to the most recent monthly revenue update from Acting Finance Commissioner Richard Rosen.
Yesterday, my scientist brother promised my eight-year-old son a new Hot Wheels car if he could research and explain how the microwave cooked his lunch. My son vanished upstairs and came back triumphantly explaining how a scientist named Percy Spencer noticed the candy bar in his pocket melted after he stood next to an active radar set. Mr.
Tomorrow, the federal Bureau of Labor Statistics will release its monthly state-by-state jobs and employment report. While the data are subject to revision and should be viewed with some skepticism, they help paint a picture of how Maine’s employment situation stacks up relative to other states.
Last week, the (Lewiston) Sun Journal reported that the LePage Administration’s anti-bonding policies are forcing MaineGeneral Medical Center to pay $42 million more in interest on loans than is necessary on the construction of their new hospital in Augusta. That’s $1.4 million in avoidable interest payments annually for 30 years.