December 12, 2008: The Senate stands in recess for pro forma sessions only, with no business conducted on the following days and times: Friday, December 12 at 10:00 a.m.; Tuesday, December 16 at 11:00 a.m.; Friday, December 19 at 10:00 a.m.; Tuesday, December 23 at 11:00 a.m.; Friday, December 26 at 11:00 a.m.; Tuesday, December 30 at 10:30 a.m.; and Friday, January 2 at 10:00 a.m. At the close of the pro forma Session on January 2, 2009, the Senate will stand adjourned sine die.
Press Release
of
Senator Johnson
Johnson Announces $750,000 in Economic Development Funding For Planning and Development District III
Contact: Julianne Fisher, 202-224-1638
Sioux Falls, SD – U.S. Senator Tim Johnson (D-SD) announced today that Planning and Development District III will receive a $750,000 federal grant from the Economic Development Administration (EDA) to facilitate additional business lending in its service territory. The funding will be used to provide new capital for District III’s revolving loan fund for businesses. This federal investment is expected to help create 100 jobs, retain an additional 100 jobs and bring in approximately $6 million in additional investments. “This economic development funding will help District III create and retain jobs while strengthening the local economy. My Hometown Prosperity Plan calls for ‘investing in the public good’ and ‘emphasizing entrepreneurship,’ and this funding is a wonderful example of that kind of investment,” Johnson said. Johnson has continually supported the EDA and economic development in South Dakota as a member of the Appropriations Committee. The Economic Development Administration, which is a part of the U.S. Department of Commerce, was established in the 1960s to generate jobs, help retain existing jobs, and stimulate industrial and commercial growth in economically distressed areas of the United States. EDA assistance is available to rural and urban areas of the nation experiencing high unemployment, low income, or other severe economic distress. Senator Johnson's Hometown Prosperity Plan is a four-pillar agenda for advancing South Dakota's economy from the federal level. The four pillars, or strategies, include "Promoting Partnerships," "Emphasizing Entrepreneurship," "Investing in the Public Good," and "Protecting Pocketbooks." The full plan includes specific actions related to each strategy and can be downloaded from http://johnson.senate.gov. ### For more information on Senator Tim Johnson visit his website at http://johnson.senate.gov. To contact Senator Johnson’s communications office via e-mail, write his Communications Director at Julianne_Fisher@Johnson.Senate.gov
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