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What Weâre Hearing
âThough it has been decades since any steel has been produced within the limits of the City of Pittsburgh proper, nostalgia for what steel production means, and in particular what U.S. Steel means, has long exceeded its reality in southwestern Pennsylvaniaâ â Chris Briem
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Top Story
1. Casey, Fetterman, Deluzio Blast News of U.S. Steel Sale To Japanese Company
âIt did not take long for Pennsylvaniaâs U.S. Senators and a western Pennsylvania Congressman to react to the news that U.S. Steel would be sold to Japanâs Nippon Steel Company.
Nippon agreed to a sale price of $14.9 billion to purchase one of Americaâs most iconic companies which has its headquarters in Pittsburgh.
The $55 per share offer represents around a 40% premium to where U.S. Steel shares ended trading on Friday.â (PoliticsPA)
Related
Storied US Steel To Be Acquired For More Than $14 Billion By Nippon Steel. âThe transaction is worth about $14.9 billion when including the assumption of debt. The combined company will be among the top three steel-producing companies in the world, according to 2022 figures from the World Steel Association.â (AP)
In The Mon Valley, Reaction Is Mixed On The Pending Sale Of U.S. Steel. âThe cradle of heavy industry in Western Pennsylvania and the now struggling towns that nurtured it, from Braddock to Clairton, are unlikely to be changed much by the agreement of U.S. Steel Corp. to be bought by Japanâs Nippon Steel Corp., some Monongahela Valley residents said Monday.â (Pittsburgh Post-Gazette)
U.S. Steelâs Acquisition Will End A Difficult Marriage That Forged â And Constrained â Pittsburghâs Identity. âAcquisition of the once-giant steelmaker will be a blow to the sense of self of many Pittsburghers. But though the company has been an icon, it hasnât always been committed to the community.â (Public Source)
State
2. A Long Budget Impasse And Partisan Standoffs Dominated The PA Legislature In 2023
âPennsylvaniaâs divided legislature is reflecting on a 2023 dominated by deadlock and hoping the dynamic turns around when the second half of the two-year session begins in January.
The full-time General Assembly sent Democratic Gov. Josh Shapiro just under 80 bills as of Dec. 14 â roughly half of the annual output of recent years â with dozens of measures advanced by each chamber languishing without consideration in the other.
An effort to update Pennsylvaniaâs badly antiquated Election Code ahead of the 2024 presidential contest was sunk when lawmakers couldnât agree on the right policies to embrace. A long-awaited constitutional amendment to benefit survivors of childhood sexual abuse has stalled for similar reasons. And key budget legislation was bogged down for months, forcing community colleges and libraries to make tough financial decisions.â (Spotlight PA)
Related
Locked Out Of Local Government: Residents Decry Increased Secrecy Among Towns, Counties, Schools. âFrom school districts to townships and county boards, public access to records and meetings in many states is worsening over time, open government advocates and experts say.â (CNHI News)
PA Guard Members Get A Celebratory Sendoff Before Deploying To Africa. âThe group includes soldiers from across the commonwealth who come from a variety of civilian careers â including a state lawmaker, Rep. Joe Kerwin, who was given a sendoff in the state House of Representatives last week before taking military leave from the legislature.â (PennLive)
Around The Commonwealth
3. NBC News Picks Erie County as a âDeciderâ In 2024 Election
âNBC News has unveiled âThe Decidersâ which it describes as a ânew hyperlocal reporting initiative featuring in-depth, on-the-ground reporting from a team of nearly three dozen journalists focused on the 2024 presidential race in seven key counties around the country.â
And Erie County is among the seven.
On NBCâs Sunday morning public affairs program, âMeet The Press,â analyst Steve Kornacki called Erie the âultimate blue-collar swing county,â as it is located as close to Buffalo and Cleveland as it is to Pittsburgh.â (PoliticsPA)
Related
Mayor-Elect Cherelle Parker Announces Her âBig Threeâ Staffers Who Will Lead Her Administration. âParker has named Tiffany W. Thurman as her chief of staff and Aren Platt and SincerĂ© Harris as deputy mayors. The three will serve as top officials in the new administration.â (Philadelphia Inquirer)
City Council Passes Mayor Ed Gaineyâs Budget With Little Change From Original Proposal. âThe new budget includes $686 million for operating expenses and about $158.7 million for capital projects. It is about $5.5 million more than Gaineyâs first draft budget, with no tax increases.â (Pittsburgh Post-Gazette)
Krasner Attacks New Law That Allows AG To Take Over SEPTA Cases. âUnder the law, Act 40, a special prosecutor appointed by the state Attorney General could opt to take over the investigation and prosecution of any crimes committed within SEPTA.â (Billy Penn)
âDone For Us, Without Usâ: Local Leaders Protest New Special Prosecutor. âMost argued the passage of the legislation infringed on voters rights to elect officials and have them remain in office, and that ACT 40 was imposed by outsiders who are not thinking about the needs of the residents of Philadelphia.â (Philadelphia Tribune)
Luzerne County Approved For An Additional Court Of Common Pleas Judge. âThe county currently has 10 Court of Common Pleas judges. The new eleventh judge will be elected by county voters in 2025 and seated the first Monday in January 2026.â (Times Leader)
Editorial
4. What Theyâre Saying
- What Is The Future Of U.S. Steel? (Tribune-Review)
- PA House Dems Are Not Voting For Months Due To A Leaky Roof. Thatâs Unacceptable. (Matthew J. Brouillette)
- As The Year Ends, GOP-Led House Did Little But Sow Chaos In Congress. (Philadelphia Inquirer)
- Democratsâ 2024 Advantage: Abortion Ballot Measures In Key States. (Jennifer Rubin)
- Whatâs Driving Former Progressives To The Right? (Michelle Goldberg)
- A New Tax Code Will Cripple Many Pennsylvania Engineering And Design Companies And Should Be Repealed. (Brent Sailhamer)
- Beware Economists Who Wonât Admit They Were Wrong. (Paul Krugman)
- Consequences of RGGI: A PMA Perspective Roundtable Discussion. (PA Manufacturers Association)
- More Veterans Courts Needed In Pennsylvania. (Sen. Doug Mastriano)
- The Mainstream Media Should Call The Goldie Protest What It Is: Antisemitic Harassment. (Paul Snitzer)
1 Thing
5. Our Favorite Holiday Cookies
Americaâs most popular Christmas cookies this year are a festive mix of cultural and colorful varieties, Axiosâ Kelly Tyko writes from Google Trends data:
Italian Christmas cookies were the favorite in 13 states.
Peanut butter blossoms were the dominant cookie for four states.
Gingerbread cookies were the most popular in three states, down from seven last year.
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——————————————-
By: Steve Ulrich
Title: December 19: U.S. Steel Deal Fallout
Sourced From: www.politicspa.com/december-19-u-s-steel-deal-fallout/129000/?utm_source=rss&utm_medium=rss&utm_campaign=december-19-u-s-steel-deal-fallout
Published Date: Tue, 19 Dec 2023 13:16:11 +0000
Read More
Did you miss our previous article…
https://politicscope.com/how-mindfulness-went-mainstream/
I'm a writer for lifestyle publications, and when I'm not crafting stories, you'll find me cherishing moments with my family, including my lovely daughter. My heart also belongs to my petsâSushi, Snowy, Belle, and Pepper. Besides writing, I enjoy watching movies and exploring new places through travel.
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Rio Penalosahttps://politicscope.com/author/riopenalosa/
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Rio Penalosahttps://politicscope.com/author/riopenalosa/
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Rio Penalosahttps://politicscope.com/author/riopenalosa/
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Rio Penalosahttps://politicscope.com/author/riopenalosa/