The Semantics of Subsidy (Tim Schooley) from the Pittsburgh Business Times
"Yesterday at the groundbreaking for the second phase of Bakery Square, a host of public officials tussled over the semantics of a $4 million grant Gov. Tom Corbett made for the $100 million project. On hand to celebrate the groundbreaking, Corbett said that the funding was not an RACP grant, the long-standing name which stands for Redevelopment Assistance Capital Program, but an Economic Growth Initiative Award. ... Ravenstahl nonetheless thanked Corbett for the funding, the first grants (or awards) of their kind of the governor’s choosing after following through on granting the then-RACP awards of his predecessor, former governor Ed Rendell."
"Yesterday at the groundbreaking for the second phase of Bakery Square, a host of public officials tussled over the semantics of a $4 million grant Gov. Tom Corbett made for the $100 million project. On hand to celebrate the groundbreaking, Corbett said that the funding was not an RACP grant, the long-standing name which stands for Redevelopment Assistance Capital Program, but an Economic Growth Initiative Award. ... Ravenstahl nonetheless thanked Corbett for the funding, the first grants (or awards) of their kind of the governor’s choosing after following through on granting the then-RACP awards of his predecessor, former governor Ed Rendell."
Governor Tom Corbett
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