WAMU 88.5 : News

Filed Under:

Montgomery County Businesses Laud Federal, State Budgets

Play associated audio

A week ago, a shutdown of the federal government loomed, something that would have had a massive financial impact on Montgomery County. The thousands of federal workers who live there would be out of work, and the many contractors who do business with the government would be too.

Meanwhile, in Annapolis, a bill to offer millions of dollars to start-up technology companies was stuck in the General Assembly.

Now, a week later, the government shutdown has been avoided, at least for now. And state lawmakers did approve a scaled-back Invest Maryland bill just hours before they adjourned for the year. Lisa Fadden of the Montgomery County Chamber of Commerce says the $75 million available to start-up companies under that bill is the right tonic, given the economy.

"We have a lot of technology that is locked up in federal labs and academic institutions," Fadden says. "Johns Hopkins gets a lot of money from the federal government, and so does NIH. A lot of that research is locked up. It never makes it from the lab phase to the commercial market."

Opponents of Invest Maryland worried about its costs, adding the way the program will be paid for was too complex to understand.

NPR

At 81, Disney's First African-American Animator Is Still In The Studio

First hired in the 1950s, Floyd Norman is still drawing. "Creative people don't hang it up," he says. "We don't walk away, we don't want to sit in a lawn chair. ... We want to continue to work. "
NPR

America's Real Mountain Of Cheese Is On Our Plates

To help dairy farmers hurt by a glut, the USDA said this week it'll buy $20 million worth of cheese and give it to food banks. But we eat so much of the stuff, that's hardly a drop in the bucket.
WAMU 88.5

Friday News Roundup - International

Italy searches for survivors after a devastating earthquake. Turkey escalates its role in the fight against ISIS. And Colombia and the FARC rebels sign a peace treaty ending a half-century-long guerrilla war. A panel of journalists joins guest host Derek McGinty for analysis of the week's top international news stories.

NPR

WhatsApp Will Start Sharing Data, Including Phone Numbers, With Facebook

It will also test new ways for businesses to communicate with users on the app. The privacy policy changes mark the long-expected move by Facebook to begin making money from the free app.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.