This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Philadelphia Business Owner Billy Cromedy, President Of Advantage Contracting, Attends White House Meeting To Discuss President Obama's Budget Plan And Looming Fiscal Cliff's Effects On Small Business

PHILADELPHIA, Dec. 06, 2012 /PRNewswire/ -- Billy Cromedy, President of Advantage Contracting, was selected as one of a small group of minority business leaders from around the country to participate in a meeting at the White House with administration officials on December 4th. The participants in the round table hosted by the White House Business Council discussed the current fiscal cliff debate, the President's budget plan, and future job creation opportunities. "It is an honor and a privilege to be included in such pivotal discussions on our national economy," Cromedy said about the invitation. "The opportunity to share my opinions and insight on what I believe are crucial hurdles and challenges in our current economy as they pertain to the construction industry and minority business concerns in humbling."The President's staff continued their efforts to push the administration's position that additional revenues in the form of higher tax rates on the top 2% must be on the table during the discussions with their Republican counterparts. It was also made clear that the administration was open to some "entitlement" reforms as part of a grand bargain to move the country forward. Most if not all of the business owners in attendance agreed that an increase in their individual tax rates would not hamper their hiring or investment activity, but some certainty was needed from Washington that a mutual agreement among the legislators could be reached, not only to boost consumer confidence, but the confidence of the "job creators" moving forward. The three-hour session concluded with a discussion on technology and competitiveness issues facing the United States in the global market.Advantage Contracting is a full service minority owned and certified HVAC/Sheetmetal company based in Philadelphia, PA. Advantage specializes in quality fabrication, installation, and purchasing of HVAC systems and supplies.Mr. Cromedy is scheduled to give a follow-up radio interview on 900 WURD Philadelphia in the Thursday December 6th at 8:00am.Website:

This press release was issued through  For further information, visit


1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,911.28 -65.03 -0.36%
S&P 500 2,079.91 -6.33 -0.30%
NASDAQ 4,930.2010 -17.24 -0.35%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs