Episode 196 - Pittsburgh’s Present and Future with Guest, Mayor Bill Peduto

Pittsburgh Mayor Bill Peduto will likely see a second term in office after defeating two challengers in the May primary election—everyone locally is familiar with his name. But, President Donald Trump’s withdrawal from the Paris Climate Agreement pushed Peduto’s name into the national spotlight. When Trump justified his actions claiming to represent the people of Pittsburgh, the Mayor struck back saying, “I’m appalled that the President used my city to justify his unacceptable decision, as most other Pittsburghers are. I was one of the nation’s mayors who went to Paris to fight for the accords, and my city, which has finally bounced back from decades of industrial carnage, will do all it can to promote its own environmental standards.” Further, he and the mayor of Paris, Ann Hidalgo, published an op-ed in The New York Times. "The Mayors of Pittsburgh and Paris: We Have Our Own Climate Deal" stressing their mutual commitment to “embracing the global challenge of climate change.” So… three weeks later, how does the Mayor feel about that clash with the President? For an answer to that question and many more, join us on this episode on KQV as CPA and Attorney Jim Lange interviews Mayor Peduto. Get up to date on: • The Mayor’s goals for his second term • The current state of the City’s finances and the long-term outlook • Current and upcoming development projects • How the City is tackling infrastructure repairs, including ongoing water and sewer issues • How Pittsburgh is affected by the unusual political circumstances in Washington, D.C. • And… Pittsburgh’s role in the driverless car revolution KQV will rebroadcast the show this Sunday at 9:05 a.m. The audio will also be archived on our web site at www.paytaxeslater.com/radioshow.php, along with a written transcript. *All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment strategy or plan will be successful. Investment advisory services offered by Lange Financial Group, LLC.