Sen. Mark Warner Proposes Economic Development Legislation

Senator Mark Warner (D-VA) is proposing federal legislation to better position localities, especially those in distressed areas, to recruit new businesses. He made his announcement in Danville yesterday regarding a bill that would provide federal loans of up to $10,000 per job to localities to help attract businesses to the United States. As former Governor, Warner brought a unique perspective and pro-business approach having built his own business over many years - a business that became quite sucessful. He grew frustrated, however, in keeping the United States competitive on a global scale. With this legislation, his goal is to keep Virginia "in the game" with increased incentives for businesses searching for a new location.

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Posted on Tuesday, January 12, 2010 - 11:22am