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Tue February 4, 2014
Boeing To Throw Party To Thank Lawmakers For Tax Incentives
Boeing lobbyists are throwing a "thank you" party for lawmakers who helped provide the company with billions in tax breaks.
An invitation obtained by The Associated Press shows Boeing executives will host a reception for lawmakers on Tuesday evening. The event will take place at a house across the street from the Capitol campus and is slated to thank lawmakers for their efforts on the 777X airplane talks.
Last year, lawmakers approved an extension of Boeing tax breaks in a deal worth an estimated $8.7 billion. The Legislature swiftly approved the idea in a special session, which put pressure on union workers to accept a contract that transitioned them away from pension plans.
Boeing has said the tax breaks and the worker concessions were enough to secure the 777X production for Washington state and the thousands of jobs that come with it.