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YCEDC
staff recently attended the International Economic Development Council
(IEDC) Legislative Summit held in Washington, D.C. The main focus
of the Summit was President Bush's proposed budget and its impact
on economic and community development. The centerpiece of the President's
economic development program is his Strengthening America's Communities
Initiative. The initiative consolidates 18 existing programs and
cuts federal funding for economic development by 30%.
Working on behalf of economic
development organizations nationwide, IEDC will be promoting the
following legislative priorities with Congress over the coming weeks
and months:
- Fully Fund Economic Development
Programs
- Pass Opportunity Zone Legislation
- Beef up the Brownfield Programs
- Support our Workforce
- Strengthen American Manufacturers
- Reauthorize Transportation
Funding
- Invest in Research and Development
- Vote Yes on Tax Incentive
Legislation
During
the Summit, IEDC members had the chance to meet with their respective
Senators and Congressman in their Capitol Hill offices. YCEDC had
the opportunity to meet with Congressman Todd Platts to discuss
how the Federal Budget for 2006 could affect economic development,
and therefore economic prosperity, here in York County. Issues discussed
included:
- How federal investments in
economic development creates a climate where people can prosper
- Redevelopment of Brownfields
and how this attracts private investment and curbs sprawl
- Workforce Development and
its important relationship with our education system
- Tax Incentive Legislation
and how it promotes private reinvestment
- Manufacturing and the resources
local companies need to help them stay competitive in a world
economy
- Transportation and how it
supports a vibrant economy
- Research and Development
and why these programs need to be strengthened and supported.
Congressman Platts has pledged
to continue to fight for the interests of the 19th District. YCEDC
will continue to work with the Congressman and his staff over the
coming weeks to help develop a more robust understanding of the
local impact of federal budget decisions. The IEDC is an invaluable
resource in this regard.
The IEDC is a non-profit member
organization dedicated to helping economic developers do their job
more effectively and raising the profile of the profession. The
IEDC is the world's largest economic development organization with
over 4,500 members across the United States, as well as Canada,
Europe, Australia, New Zealand, and other nations.
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