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Posts Tagged ‘recession’

Barbour, lawmakers set FY2013 spending at $4.6B

by Associated Press Published: November 16,2011

Tags: budget, economy, Politics, recession, revenues, spending, state government, tax collections, taxes

Gov. Haley Barbour and key legislative leaders have decided the Legislature will have $4.6 billion to spend in fiscal 2013 that begins next July 1. As usually happens, the figure could change dramatically before lawmakers complete the 2012 session in May. It represents the first framework for the budget — an estimate of how much [...] [...]

Supreme court will hear Kemper Coal Plant arguments

The Mississippi Supreme Court will hear arguments from the Sierra Club challenging the state Public Service Commission’s approval of the project in Kemper County by Mississippi Power Co. Mississippi Power has started construction of the $2.4 billion coal plant. Oral arguments are scheduled for Dec. 14. The suit was filed and heard in Harrison County [...] [...]

MBJ Editorial: Gov. Barbour shows thoughtful leadership on Initiative 26 (access required)

Gov. Haley Barbour’s comments last week that he has concerns over ballot Initiative 26 that seeks to define a “person” in state law should be all we need to hear as we go to the polls this week. There is no question where Barbour stands on abortion as a conservative Republican who was on the [...] [...]

Read the October 10th issue of the MBJ online (access required)

In this week’s MBJ, Amy McCullough examines the explosion of solar companies in Mississippi and whether the companies can keep up with the technology. Only time will tell how Twin Creeks and Stion hold up as Mississippians have bet nearly $400 million on green energy companies Also in this week’s paper: >> ‘YES ON 26’ [...] [...]

MBJ Editorial: Legislature sets flame to money with handout to zoo (access required)

Mississippi will be throwing good money after bad when it chucks $1.3 million at the Jackson Zoo. The state Bond Commission last week unanimously approved the sale of $354 million in tax-exempt bonds for which the Museum of Mississippi History and the Mississippi Civil Rights Museum will get $40 million together in bond funding. However, [...] [...]

Cellular South announces change to C Spire Wireless

On Monday, Cellular South will get a new name — C Spire Wireless — and the company says it will also beome the nation’s first wireless provider to introduce personalized wireless services. “We have entered a new era in wireless – an era centered on broadband networks, mobile computing devices and now personalized services. Completing [...] [...]

Expert: Economic growth to be ‘incredibly slow’

by Associated Press Published: September 21,2011

Tags: budget, economy, recession

ACROSS MISSISSIPPI — Mississippi will have anemic economic growth this year and next, an expert told lawmakers yesterday. State economist Darrin Webb said economic conditions in the state and nation have deteriorated the past six months. The earthquake in Japan and an increase in oil prices during the spring sparked the uncertainty, and that was [...] [...]

Report: State’s casinos recovering from recession

ACROSS MISSISSIPPI — Recovery from the recession began at the Mississippi Gulf Coast casinos in the spring of 2010 and likely will continue over several years, according to the newly-released State of the State annual report on Mississippi casinos. Presented by the Mississippi Casino Operators Association and compiled by economist Scott King, the report shows [...] [...]

MBJ Editorial: Barbour’s horse needs a trip to vet before he bets our money (access required)

Solar energy may be the wave of the future, but Mississippi should be careful where it comes to being an investor in new companies promising the moon — er, sun. Evergreen Solar in Massachusetts went bankrupt last month, leaving that state hanging after an investment of more than $40 million of taxpayer dollars in the [...] [...]

Green Tech Special Session

State lawmakers react to a special session that would give $175 million in incentives to green tech industries looking to relocate to Mississippi. [...]

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