rhetoric vs. reality
Conor Lamb has consistently parroted Nancy Pelosi’s debunked talking points on the GOP’s historic tax reform legislation.
In fact, he called it “A complete betrayal of the middle class” and promised to “put an end to this hypocrisy.”
Great Washington rhetoric, Conor. But local businesses have taken a slightly different tone…
Pittsburgh-based PNC Bank, which has numerous branches in Erie and Crawford counties, announced it will provide an additional $1,500 for employees in their existing pension accounts and make a cash payment of $1,000 each to about 47,500 employees during the first quarter of 2018. Additionally, the bank plans to raise its minimum rate of pay to $15 an hour by the end of 2018, accelerating an existing goal.
Finally, PNC will make a $200 million contribution to the PNC Foundation, which supports early childhood education.
“The tax reform law creates an opportunity to reward our employees who are working hard each day to serve our customers, build strong relationships in our communities and create long-term value to our shareholders,” said William S. Demchak, PNC’s chairman and CEO.
Pay increases, bonuses, and hundreds of millions going to charity. Talk about Armageddon!
P.S. Conor’s father serves as Senior Vice President of Government Affairs over at PNC. Wonder what he will do with his bonus…