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Daily Update 10/28: Strategies for Growth, Economic Summit

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Governor’s Daily Update
Schools, Jobs, and Civic Engagement
Wednesday, October 28, 2009

 

Today: Wednesday, October 28, 2009

 

  • Today, Governor Patrick offered remarks at the Massachusetts Disability Summit hosted at the Weston Copley Place Hotel.
  • This afternoon, Governor Patrick will make an announcement about jobs created and retained by the American Recovery and Reinvestment Act.

In the Press:

 Economic Summit by you.

Governor Patrick and Economic Summit participants discuss the outcomes of their day-long discussions at the Boston Federal Reserve Bank yesterday.

 

  • Strategies for Growth: Economic Summit – Following a day-long Economic Summit that brought business, education, non-profit and policy leaders from across Massachusetts together to focus on ways to collaboratively turn the state’s economy around, Governor Patrick said: “We talked about our economic strategy for growth, based on education, on innovation, on infrastructure investment, on regional equity and regional focus,” he said. The summit featured working groups on federal stimulus funds, expanding access to capital and support for small businesses and business expansion. The Governor intends to introduce working group proposals, including details about a fund to provide small businesses with the capital they need to grow and create jobs, over the next 30 to 90 days. The impact of those initiatives on the economy will be felt over the next 18 months.
  • Massachusetts Recovery: Investing in our Infrastructure – Earlier this week, Governor Patrick announced a list of 33 priority projects across the Commonwealth that the Patrick-Murray Administration is proposing to fund in the second round of highway investment under the American Recovery and Reinvestment Act (ARRA). Included among projects are funds to resurface Route 9 between Framingham and the Natick-Wellesley line, construction of a handicapped-accessible docking facility in Lynn, and construction of the East-West parkway at the former South Weymouth Naval Air Station. These funds will significantly benefit local communities by creating jobs and improving transportation infrastructure. Read more in the Boston Globe, the MetroWest Daily News, the Daily Item, GateHouse News Service and the Enterprise.
  • Responsible, Compassionate Budget Management – The Governor said yesterday that he will unveil his plan to close a $600 million budget gap, noting that he sees the people behind the painful cuts he will have to make to bring the state’s budget into balance. Responding to questions about protests to save programs for the mentally ill, the Governor said:  "I can assure them that I see them…I'm going to do the very best I can." Read more in the Boston Herald and the Springfield Republican.

This Week:

  • Sunday evening, Governor Patrick and Lieutenant Governor Murray met with advisors and staff to discuss the FY ’10 budget.
  • Monday afternoon, Governor Patrick attended a legislative leadership meeting at the State House.
  • Yesterday, Governor Patrick attended the Economic Summit at the Boston Federal Reserve Bank.